• Michael Bryant
    MSN is recommending buying Sallie Mae (SLM), the nation's largest private student loan provider, which has $183.39 billion in debt. ?????
    11/6/11
    Reply (6)
    • Michael Bryant: The only thing keeping SLM afloat is that students can't default. http://on-msn.com/odRhjD
      11/6/11
    • johnybutts: I'm pretty sure they can default, they just can't remove the debt through bancruptcy.
      11/6/11
    • Hillbilly Stock Star: After 25 years currently I think!
      11/6/11
    • bankingqueen: Pretty much the same thing. Either way you are responsible for it, if you pay or not that is a diff question.
      11/6/11
    • Hillbilly Stock Star: Ruined Credit for 25 years though!
      11/6/11
    • Nicholas Pardini: I actually think its a good short. Less people will borrow for school due to bad job prospects.
      11/6/11
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