A coalition of nearly 25 non-bank investors in student-loan backed auction rate securities released a whitepaper regarding a potential, immediate economic stimulus from a solution to the illiquid Student Loan-Backed Auction Rate Securities (SLARS) market. 

The SLARS Coalition is working to draw attention to the problems of this marketplace and their broader economic consequences, and to work towards a constructive solution to the SLARS problem.  Most of the coalition members are publicly traded companies holding in aggregate approximately $8 billion worth of illiquid SLARS.

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