SLABS is often presented by neoliberal policy makers as a highly efficient method of raising capital and reducing risk for lenders. According to the article "The Student Loan Crisis and the Debtfare State", this neoliberal view of SLABS
A. Represents what the data is showing for many countries in the past 10 years
B. Does not take into account other benefits of SLABS in terms of social welfare
C. Conveniently ignores the unequal relations of power in the educational loan business
D. Is correct since the asset-backed securitization usually contributes to generate financial stability.