They are called SLABS, student loan backed securities. It's not just some magic number the government can delete. A bunch of student loans are packaged up and sold to investors in private markets. I'm sure these investors have been pretty angry about the student loan repayment pause so they will be happy that those securities have gotten a lot safer.
They are called SLABS, student loan backed securities. It's not just some magic number the government can delete. A bunch of student loans are packaged up and sold to investors in private markets. I'm sure these investors have been pretty angry about the student loan repayment pause so they will be happy that those securities have gotten a lot safer.