Browsing All Posts published on »May, 2011«

The Education Bubble

May 19, 2011


The gets this one wrong. The education bubble isn’t about a student “selling” their degree in the open market.  Here’s why there’s an education bubble: Student loans are securitized and resold in the same way as residential mortgages.  And the numbers are staggering. Know that whole Fannie Mae/Freddie Mac thing going on right now […]