Student Loans: The Elephant In The Room?
Everyone tries to predict the next big bubble, black swan event, or bear market. We may not directly think of these events but they are often factored into the "downside risk" question we ask when investing. Government bonds tend to be a hot topic, and rightfully so... But one subject that is often overlooked is educational loan debt. The purpose of this article is to identify the known and unknown facts about student loans, and my opinion as to how this will affect our overall macro economic conditions.Educational loans more popularly known as "student loans" are a unique lending vehicles that are possibly known as the best and safest way to make money, should you be on the lending end.Why would I say "best and safest" for lenders?1. Borrowers can NEVER get rid of student loans, even in bankruptcy (well there are very specific circumstances, mainly death,Complete Story »