### Comment:
In my opinion, SLABS are relatively safe securities to buy. You really don’t see a high number of people not paying them. And you can’t escape a student loan even through bankruptcy. But hey I’m not an expert

### REPLY:
If there are enough delinquencies, and tranches aren’t getting paid, they can delay payment for lower tranches and it can affect the credit rating, which would knock the price off a bit. But at the same time, I don’t know what would possibly cause these to ever go bust due to the Govt backing them. You also run the risk of Bernie or E Warren getting elected, and they could just start paying off all student debt

### END.