- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Making money off of student loan defaults
Posted on 8/15/18 at 9:08 am
Posted on 8/15/18 at 9:08 am
Recently saw a story that said approximately a million people are defaulting on student loans per year. Any ideas on how to profit off of this bubble?
4
Posted on 8/15/18 at 9:14 am to RoosterCogburn585
I would say wait for the bubble to burst - buy up all the distressed lender stocks - then wait for it to go back up.
After all, there doesn't even have to be a bailout of student loan lenders/servicers - they get made whole because it's baked into law.
After all, there doesn't even have to be a bailout of student loan lenders/servicers - they get made whole because it's baked into law.
Posted on 8/15/18 at 9:25 am to RoosterCogburn585
quote:
Recently saw a story that said approximately a million people are defaulting on student loans per year. Any ideas on how to profit off of this bubble?
You could buy the rights to their debt. It's a multi billion dollar industry and it's purely numbers. You buy large portfolios of debt for pennies on the dollar and hope a handful of people pay you some of what they owe thus turning a profit on that portfolio.
Posted on 8/15/18 at 9:31 am to stout
I wouldn’t touch student loans personally. Too big of a political risk.
Posted on 8/15/18 at 9:41 am to southernelite
Yea me neither.
Im in the process of starting a debt buying and collection agency and plan on sticking with certain types of debt. Payday loans and student loans aren't even on my radar
Im in the process of starting a debt buying and collection agency and plan on sticking with certain types of debt. Payday loans and student loans aren't even on my radar
Posted on 8/15/18 at 9:48 am to RoosterCogburn585
quote:
Recently saw a story that said approximately a million people are defaulting on student loans per year. Any ideas on how to profit off of this bubble?
Marry a de Vos?
Posted on 8/15/18 at 9:53 am to RoosterCogburn585
Well it looks like of the major servicers of student loan debt, Nelnet and Navient are the only publically traded companies. Although neither seems to be doing particularly poorly, unless the bubble really bursts, I’m not sure there is a major play (put option or shorting), but without looking at the option prices and metrics, options are pretty safe so maybe you could get lucky. Probably better things to make money on though.
Posted on 8/15/18 at 11:10 am to Ace Midnight
quote:
I would say wait for the bubble to burs
This isn’t happening because
quote:
they get made whole because it's baked into law.
I mean you could see some colleges go under if we are talking domino effect, so maybe see if you could make money off of that
This post was edited on 8/15/18 at 11:13 am
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News