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1. 89Hoo | March 4, 2013 at 8:14 am

   All booms and busts follow the same patterns:
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   So You Want To Short The Student Loan Bubble? Now You Can
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   SecondMarket Holdings… “will roll out a platform allowing lenders to issue securities backed by student loans directly to investors.”
2. 89Hoo | March 4, 2013 at 8:15 am

   Oops, forgot the link:

   http://www.zerohedge.com/news/2013-03-03/so-you-want-short-student-loan-bubble-now-you-can
3. Name Withheld | March 4, 2013 at 1:49 pm

   Wow that’s scary.
4. Sandi Saunders | March 4, 2013 at 2:38 pm

   “…is driven mainly by investors’ growing appetite for student loans, said Barry Silbert, founder and chief executive of SecondMarket.

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   “The catalyst for this new suite of services is investor demand,” said Mr. Silbert. “At the end of the day, investors are yield searching.”

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   http://online.wsj.com/article/SB10001424127887323978104578334342724776724.html

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   And the only way to stop them is to make education only available to the rich. GREAT!
5. 89Hoo | March 4, 2013 at 2:48 pm

   4 – was that the proposed solution? I didn’t read that part.
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   As far as I am concerned the best cure is to stop handing out worthless degrees.
6. Sandi Saunders | March 4, 2013 at 3:06 pm

   I do not believe your anonymous blogger offered a “solution”.

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   The link I offered also did not offer any solution as they were touting “All told, lenders are expected to issue $25 billion to $30 billion of student-loan backed securities in 2013, said Michael Moro, a director at SecondMarket specializing in fixed-income trading.” Their “focus” does not seem to be on any solution, they are apparently aware of how hard this debt is to get out from under.

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   I do not see it as a big stretch to see that stopping the loans is the only “solution”; no one will be allowed to stop those investors. Why would there be any agreement on what is a “worthless degree”?
7. 89Hoo | March 4, 2013 at 4:23 pm

   Apologies, Sandi. I didn’t realize it was the solution you proposed (antecedents can be tricky). I don’t agree with you that the solution is to limit higher education to the wealthy.
8. Sandi Saunders | March 4, 2013 at 6:53 pm

   Oh quite clearly I was positing a “solution”. Wow.