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Berkshire Weekend: Buffett, Munger on Student Loan Business

|Includes: Berkshire Hathaway Inc (BRK.A), BRK.B, SLM

Liz Claman of Fox Business Channel quotes or paraphrases the Berkshire chairman and vice chairman:

Question: Could you comment on the student loan business?

Buffett: I don’t know that much about it. Charlie?

Munger: I don’t know that much either.

Buffett: It’s been a long time since Charlie and I thought about getting a student loan. We were actually approached about a Sallie Mae deal - but it fell through.