United Kingdom  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Why Moody's Wants Americans To Remain In 'Burdensome' Student Loan Debt

Video Credit: Wochit Business - Duration: 00:44s - Published < > Embed
Why Moody's Wants Americans To Remain In 'Burdensome' Student Loan Debt

Why Moody's Wants Americans To Remain In 'Burdensome' Student Loan Debt

Moody's Investors Service has given a thumbs down to the idea of cancelling student loan debt.

The hot-button issue has led to proposals from 2020 presidential candidates Bernie Sanders and Elizabeth Warren.

Erasing student-loan debt could create a "moral hazard" which could weaken the effect of any economic stimulus.

Markets Insider reports outstanding student-loan debt is $1.5 trillion, equal to 6.9% of US gross domestic product.

0
shares
ShareTweetSavePostSend
 

Why Moody's Wants Americans To Remain In 'Burdensome' Student Loan Debt

Available for all permitted uses under our |License Terms|.

, Model released Available for all permitted uses under our |License Terms|.

, Model and property released




You Might Like


Tweets about this


Recent related videos from verified sources

Survey: College Grads Would Spend Week in Jail to Erase Student Loan Debt [Video]Survey: College Grads Would Spend Week in Jail to Erase Student Loan Debt

Survey: College Grads Would Spend Week in Jail to Erase Student Loan Debt

Credit: KADNPublished

Betsy DeVos Might Receive Subpoena After Refusing To Testify In Court [Video]Betsy DeVos Might Receive Subpoena After Refusing To Testify In Court

Education Secretary Betsy DeVos refused to testify before the House Education and Labor Committee.n According to Politico, House Democrats threatened her with a subpoena. The testimony is related to..

Credit: Wochit News     Duration: 00:33Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.