GOLDMAN SACHS: There’s an attractive way to profit from the $1.3 trillion student-loan bubble

The $1.3 trillion student-loan market is a “bubble,” Goldman Sachs strategists said in a recent note.
The banks believes the market for asset-backed securities refinanced by private lenders like SoFi “may offer relative value” compared to public student-loan securities.
Asset-backed securities bundle pools of loans with similar risks that investors can profit from when former students make their payments.
Although student loans are in a bubble, Goldman doesn’t see them as a risk to overall financial stability.

Student loans have grown to become the largest source of consumer debt in the US besides mortgages.

According to Goldman Sachs, the outstanding student read more >>>

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