### Comment:
Oh it’ll be 2008x100 when the bottom falls out my friend. And it will. Just a matter of when. BTFD btw.

### REPLY:
These are government backed. The tranches are regulated. Yes you can buy Asset backed securities on student loan debt but they're all backed by government agencies. The bottom cannot and will not fall out.  
  
 It is more likely people stop going to college and pick up trades. The private loans aren't government backed but the tranches are structured correctly unlike subprime 2007 shit. Also more likely subprime car loans bottom out.

### END.