system
A chat on subreddit /r/wallstreetbets
human
Even private student loans? I thought it was only Sallie Mae loans that were backed? It's some ridiculous number over a trillion. Im certain about the consumer loans and the re-default modifications though. Just don't know how it factors

gpt
Truly private student loans have a significantly lower default rate. I'm not aware of any securities that are pinned to consumer debt.