Siniru

Had Facebook internally denied inciting genocide while you were working there? Were the insights gained from allowing troll farms to continue presented or addressed as a side-benefit for the inaction, or was it largely not talked about by leadership? Thank you!!

TLDR: Sources containing US people weren’t used

Why wait for writers from Wall Street to tell us what we already know? If real journalism is dead, the last bastion of truth certainly wouldn’t be WSJ.

https://www.investopedia.com/articles/investing/081815/student-loan-assetbacked-securities-safe-or-subprime.asp

The securitization of student loans results in liquidity for lenders, greater access for borrowers, and an additional financial instrument for investors. In this light, student loan asset-backed securities seem to be a valuable asset to the economy. However, whether this industry can sustain itself will come down to whether enough borrowers can eventually pay their debt obligations, and that is looking like a slim prospect.

If like 90% if borrowers aren’t prepared to start repayments by this August now, these would crash. Just gotta wait for these payments to stop getting postponed, right?

Sorry you didn’t get a good answer. Melissa and Andrea are writers for Wall Street, and their own published books.

I agree that real journalists should follow best practices, and I’m willing to support journalism that proves it’s integrity through voice, but absolutely not from anyone hired at WSJ.

I don’t think they’re intentionally leading anyone towards a goal though. It’s most likely a reflection of the world view of their writer peers, and a consequence of producing more content over hard investigations. WSJ just needs writers, and all their peers and colleagues are drunk with the Wall Street cool-aid.

Do you have any sources for your claims? You said yourself you haven’t written about this recently.

In my opinion, SLABs are riskier than ever. FFELP insurance ended in 2010 and the assets aren’t collateralized. No one gets paid off the underlying asset default, and default rates have been increasing since 2003.

At least 70% of student loan borrowers can’t resume payments, but the deadline for this keeps getting pushed back.