Feb
09
Investing in the Pain of Student Debt Is a Tough but Tempting Play
By
Charles Trafton, at the Boston College campus in Newton, Mass., once worked for a student-loan collection agency. His experience there helped shape one of his investment ideas. CreditTony Luong for The New York Times
As a college student in the early 1990s, Charles Trafton worked nights at a student-loan collection agency in Boston’s theater district, calling trucking and beauty school dropouts to ask them for money.
As a professional investor more than two decades later, he has bet that shares of companies like his former employer will sink, which has become one of his most lucrative investment ideas…
Investing in the Pain of Student Debt Is a Tough but Tempting Play
