Student Loans
topic on 8 shows · 11 statements across 10 episodes
the Y Combinator Startup Podcast 
BigDeal 
WTF is with Nikhil Kamath 
Capital Allocators 
Top Founders 
How I Built This 
the a16z Podcast 
All-In
11 statements about Student Loans, every show
Hammer chooses to invest rather than prepay his 2% student loans
“I still own my student loans. I mean, they're like two percent. So what am I going to do? I'm investing. Like I'm investing. I'm not, you know, I'm going to do it. I'm going to do my standard 10 year process and I'm investing.”
Hammer: Increasing Student Loan Caps Directly Drives Up College Tuition
“I'm not pro infinite student loan debt forever because every time we raise the gap on student loans, the cost of college goes up. It is an infinite cycle there.”
Palihapitiya is highly sympathetic to enacting broad student loan forgiveness
“I've become quite sympathetic to this idea of doing something in student loans, potentially even, you know, some form of, like, forgiveness. Because it's become completely, completely broken. It is a noose on the necks of these young people.”
Palihapitiya proposes making universities take first loss on student loan defaults
“If the universities are forced to underwrite these degrees and they know that they'll take the first dollar loss up to a certain amount, 2030, 40,000, they'll be much more circumspect about what degrees they force onto people and the amount of money that they'…”
Friedberg: US student loans currently operate without underwriting
“There's no underwriting in student loans today.”
Horowitz: Student debt crisis exists because college isn't worth the cost
“That's kind of the ultimate treating the symptom and not the cause, because why can't any of these students pay back their loans? And the obvious answer is college isn't worth the money you pay for it. And then it doesn't translate into a job that enables you …”
Seibel: I took a higher Justin.tv salary to pay student loans
“You know, for example, when I was starting, I had student loans in college. My co-founders didn't. I made a little bit more money so that I wasn't like going into debt with my student loans.”
Bennett: Auto loans represent a $1.2T asset class matching student loans
“And there was this great opportunity for a, you know, auto as an asset class over 1.2 trillion dollars, the same size student loans. But hadn't seen the same innovation.”
Butler accumulated roughly $50,000 in student loan debt during college
“I had racked up, like, 50,000 dollars.”
Gallatin Point structured prime student loan securitizations yielding LIBOR plus 700
“The average FICO of their loans was kind of seven 67 70, and had some interesting characteristics about non-dischargeability and bankruptcy. Low default rates through the crisis for this subset of student loans, and yet they price at, call it LIBOR plus 700. A…”