Student Loans ABS

I went down the rabbit hole of Student Loan Asset-Backed Securities. What’s the general sentiment around them? Curious to know if anyone has had any experience buying SLABs or private loan portfolios.

https://www.investopedia.com/articles/investing/0…

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They are precisely the reason student loan debt will never be forgiven. Too valuable to have an asset you can securitize that has effectively 0 default risk. Just imagine the house of cards you could build on top of something like that...

"The obedient always think of themselves as virtuous rather than cowardly" - Robert A. Wilson | "If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 

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