Forget student loans, the national debt is the real mortgage on the young
Forget student loans, the national debt is the real mortgage on the young is drawing significant interest across the industry.
Debating student loan interest distracts from the far larger and permanent national debt and its interest payments, which place a compounding, long-term financial liability on younger taxpayers who already face rising costs and a weakening worker-to-retiree ratio, says Martin BeckThe campaign to cut student loan interest rates is welcome. A system where balances rise despite [...]
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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