Is The Federal Reserve Looking At Monetizing Student Loan Debt?

From the Main Street website: Rising student loan debt is a probable risk that might slow down a strong economic recovery, New York Federal Reserve Bank President William Dudley said Wednesday. “It’s a prospective risk that we need to analyze further,” Dudley told reporters at a press conference at the New York Fed. “The fact is that the student loan burden is climbing pretty sharply, and the fact is that it cannot be discharged.” Real wages have been sluggish to rise, increasing the burden of Read more […]