Federal Reserve Board backs up e-Literate in criticism of Brookings report on student debt

By Stephen Downes - Stephen's Web. Federal Reserve Board backs up e-Literate in criticism of Brookings report on student debt
Phil Hill, e-Literate, 2014/08/13
The 'Brookings Report' has been cited by some as a reason to doubt that student loan repayments pose a significant economic risk. The authors write, "Despite the tremendous interest in the perceived problems in the student loan market, there is relatively little empirical evidence to support the discussion." My own view is that we will see dramatic and immediate evidence of the risk should interest rates rise significantly. More...