Goldman Sachs: "An Update on Student Loans: A Bigger Headwind but Still Not a Deal Breaker" ---
http://www.calculatedriskblog.com/2015/04/goldman-sachs-update-on-student-loans.html
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Goldman Sachs used to have a 43% stake in Education Management Corporation and apparently did not see its collapse coming. I wonder how much private college debt Goldman Sachs is holding in terms of AAA rated SLABS (student loan asset-backed securities)?
UOP will continue to contract until all ground campuses are shuttered. They will be 'right-sized' when they have a student population numbering close to 50K. They will then slide into the abyss, not before raping thousands more students and taxpayers.