The Slow Jam on Student Loans
Where there's noise from Washington, risk happens, often creating an investment overreaction, then an opportunity.
In this regard, recent campaign-related headlines may be creating another interesting chapter in the saga of Sallie Mae (SLM), the former student loan GSE that was attacked, then allowed to privatize during the Clinton administration. That story initially created such excessive disdain for Sallie that a reversal (as worst-case fears were avoided amid a company restructuring and favorable political realignment) ultimately reaped 16-bagger rewards for shareholders between Election Day 1994 and Election Day 2006....869 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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