Student loan market looks like a mess

Discussion in 'Trading' started by athlonmank8, Aug 25, 2008.

  1. Anyone take a look at SLM lately? Seems like a nice storm brewing with everything that's going on. Could get nasty if jobless claims rise. Seems to be a bit over-looked.

  2. I hate to say it but I would love for this company to be in even more serious trouble. Many private schools are not even worth going to anymore based on their ridiculous tuitions and job prospects for grads.

    Its really hard to say with unemployment though. Many companies try to cut costs by laying off older, more expensive workers and hiring new grads to replace them.
  3. Nailed it.......

    -32% today and new lows

    Still over-looked because investors couldn't find their butt with both hands
  4. SLM dipped into the 4's today. Damn.

    Somone finally figured this one out. We're toast.