So the portfolio should be valued when the loan is first taken out, and the projected capital gains being borrowed against should be taxed at that time.
So the portfolio should be valued when the loan is first taken out, and the projected capital gains being borrowed against should be taxed at that time.
This is dangerous & unacceptable.
@warren.senate.gov, @sanders.senate.gov & I are leading our colleagues and demanding Trump back down NOW.
This is dangerous & unacceptable.
@warren.senate.gov, @sanders.senate.gov & I are leading our colleagues and demanding Trump back down NOW.
We're announcing our willingness to purchase the portfolio for its market value. We will then subsequently cancel the debt.
www.politico.com/news/2025/10...
We're announcing our willingness to purchase the portfolio for its market value. We will then subsequently cancel the debt.
www.politico.com/news/2025/10...
If the Trump administration cared about working-class families, it wouldn’t sell them out to Wall Street.
If the Trump administration cared about working-class families, it wouldn’t sell them out to Wall Street.
This sale would be a giveaway to wealthy insiders at the expense of working-class borrowers and taxpayers.
It’s a tremendous mistake, and I’m fighting back.
This sale would be a giveaway to wealthy insiders at the expense of working-class borrowers and taxpayers.
It’s a tremendous mistake, and I’m fighting back.
A 2023 GAO report found LPO's loan portfolio generated income for the government. Their loss rate less than 3%.
A 2023 GAO report found LPO's loan portfolio generated income for the government. Their loss rate less than 3%.
Talks have focused on selling high-performing portions of the government’s portfolio of student debt, which is owed by about 45 million Americans.
Talks have focused on selling high-performing portions of the government’s portfolio of student debt, which is owed by about 45 million Americans.
www.nbcnews.com/politics/tru...
www.nbcnews.com/politics/tru...
According to Gref, due to the Central Bank's high interest rates, a big drop in demand for money and loans, and military spending, Sberbank's "loan portfolio quality is deteriorating:”⤵️
According to Gref, due to the Central Bank's high interest rates, a big drop in demand for money and loans, and military spending, Sberbank's "loan portfolio quality is deteriorating:”⤵️
And a VC investor is now a DOGE member auditing the federal student loan portfolio www.bloomberg.com/news/article...
And a VC investor is now a DOGE member auditing the federal student loan portfolio www.bloomberg.com/news/article...
For banks, 45% of their loan portfolio is subsidized loans. On a national scale, with such high rates, this is a huge risk for the entire banking system
4/
For banks, 45% of their loan portfolio is subsidized loans. On a national scale, with such high rates, this is a huge risk for the entire banking system
4/
The student loan portfolio is larger than the assets held by just about any bank in the country
The student loan portfolio is larger than the assets held by just about any bank in the country