Labor & Economic News Blog
Monday, June 16, 2014
Finding Shock Absorbers for Student Debt
Finding Shock Absorbers for Student Debt
Now come the payments: Forty million people hold
student loans, with outstanding debt at $1 trillion. Above, the New York
University commencement at Yankee Stadium.
How to insure against the risks of investing in a college education?
Allow student loan payments to rise and fall with the borrower’s income.
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