According to this CNBC article, from October 7th, only 11% of people with federal student loans are paying those loans back, on time, right now. Due to the forebearance offer, 89% of people are not paying back their federal student loans. So what happens to the SLABS investments being funded by the payments of those millions of student loans (see previous post)? Good question.
Thursday, October 8, 2020
89% of Federal student loans ARE NOT being paid back right now
Subscribe to:
Post Comments (Atom)
-
In this Bloomberg article, "A $35 Billion Bite From U.S. Banks May Be Only The Start," the spin doctors seem like they're try...
-
Best known for his 1997 book, Rich Dad, Poor Dad , and several investing books since, investor Robert Kiyosaki talks about how commercial ...
-
Is real estate as hot as the recent weather? L.A. & Orange County real estate update: September 2020As the Covid-19 period dragged on over the past 6-7 months, so many things have been happening so fast, economically, that it's been har...
No comments:
Post a Comment