Silver as an investment

Category Archives: Sallie Mae

Amazon To Issue Student Loans To New “Prime” Shoppers

On the off chance the US didn’t already have a big enough problem thanks to a staggering $1.3 trillion in student loans which contrary to White House’ claims, are crushing an entire generation under their interest expense weight, earlier today none other than billionaire Jeff Bezos announced he was entering the student loan business, when […]

The College Bubble 2.0

On Monday, we got some color on Hillary Clinton’s $350 billion plan to make college more affordable.  As we recently noted, students and former students across the country owe more than $1.2 trillion in college loans – doled out by our government in the name of helping high school graduates further their education, and as […]

How One Hedge Fund Is Betting Against The $1.2 Trillion Student Loan Bubble

On Monday, we got some color on Hillary Clinton’s $350 billion plan to make college more affordable. Students and former students across the country owe more than $1.2 trillion in college loans, and as Bill Ackman so eloquently put it earlier this year, “there’s no way they’re going to pay it back.” The fact that […]

This Is What Happens When A Millennial Tries To Get A Job

In “Global Youth Unemployment Hits 35 Million As Recent Grads Lean On Parents,” we documented what we have called the “pitiable plight” of recent college graduates whose degrees now cost in excess of $35,000 and who are entering a job market bereft of real opportunities for gainful employment. The OECD estimates that in member countries, […]

Global Youth Unemployment Hits 35 Million As Recent Grads Lean On Parents

We’ve documented the pitiable plight of America’s recent college graduates on a number of occasions over the last several months. The Class of 2015 is officially the most heavily-indebted graduating class in the history of US higher education, as each student will leave college with an average debt load of more than $35,000. These proud […]

One More Reason Why The Student Debt Bubble Is About To Get A Lot Larger

In “The Treasury’s Worst Case Scenario: Over $3.3 Trillion In Student Loans In A Decade,” we presented the following rather disturbing graphic which shows that in the event unemployment “edges up” after 2017 and the gap between unemployment and underemployment doesn’t narrow between now and then, the size of the government’s direct loan program will […]

Frontrunning: April 29

Police enforce curfew in Baltimore, disperse protesters (Reuters) Saudi king resets succession to cope with turbulent times (Reuters) Euro-Area Bank Lending Increases for First Time Since 2012 (BBG) Riksbank Increases Bond Purchases as Key Rate Left Unchanged (BBG) Greek Banks Get More Funds as ECB Weighs Collateral Discount (BBG) Greek bank deposits drop 1.36 pct […]

Is The Student Debt Bubble About To Witness Its 2007 Moment?

Two days ago we highlighted a new study from the St. Louis Fed where someone had the very prudent idea to strip out loans in deferment and forbearance from the denominator of the student debt delinquency rate equation so everyone could get a better idea of what the real numbers look like.  The thing is, […]

ZeroHedge: Frontrunning: January 23

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Saudi Arabia’s New King Probably Will Not Change Current Oil Policy (BBG) Saudi King’s Death Clouds Already Tense Relationship With U.S. (WSJ) Oil Pares Gains as New Saudi King Says Policies Stable (BBG) Kuroda Says BOJ to Mull Fresh Options […]

ZeroHedge: Frontrunning: January 22

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. ECB to decide on bond-buying plan to revive euro zone (Reuters) Draghi Is Pushing Boundaries of Euro Region with QE Program (BBG) Investors Wonder Whether ECB Will Do Enough (WSJ) Treasuries Drop With Bunds Before ECB; U.S. Futures Rise (BBG) […]