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Saturday, 06/16/2018 11:12:06 AM

Saturday, June 16, 2018 11:12:06 AM

Post# of 384009
The fake S&P 500 market need share buy backs to stay up not actual real performance. Meanwhile in student loan the real economy of Main Street America shows up. National Collegiate Funding (NCF) is an umbrella name for 15 trusts that collectively hold 800,000 private student loans, totaling some $12 billion in outstanding obligations. The only problem is that roughly $5 billion worth of those loans, or over 40%, are currently in default (and you thought auto delinquencies were bad).
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