These student loan asset-backed securities, otherwise known as SLABS, provide investors with cash flow when students make payments on the loan and interest. According to Forbes Magazine, the student loan debt currently figures at $1.52 trillion dollars, behind only mortgage debt.
Read MoreThere is no doubt that universities have expanded resources to better serve students from lower-income backgrounds, but the greater question at hand is how these students can thrive in the environments of elite institutions.
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