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Student Loans: The Fund-Eating Dragon (2022)
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How to Buy and Sell Student Debt
Sally Mae created a goldmine because you can buy and sell this student debt. It comes with a government guarantee in the 70s when the economy isn't doing so well. The banks have no risk at this point. They have zero risk. In fact, the only risk they had was not getting money fast enough out the door.
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Listen to the best highlights from the podcasts you love and dive into the full episode