Is the rise in student loan debt in the United States a source of economic fragility?

The balance of outstanding student loan debt has risen sharply in the United States since 2008. At the same time, economic prospects for young graduates have worsened, leading to an increase in defaults on student loans. The trend is already having visible repercussions on the US economy; however, the financial risks associated with student debt should remain limited.

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Year of publication:	2014
Authors:	C. Mistretta-Belna.
Published in:	Quarterly selection of articles - Bulletin de la Banque de France. - Banque de France. - 2014, 35, p. 55-73
Publisher:	Banque de France
Subject:	United States \| student debt \| securitisation \| housing market

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Extent:	application/pdf
Type of publication:	Article
Classification:	E21 - Consumption; Saving ; E31 - Price Level; Inflation; Deflation ; H52 - Government Expenditures and Education ; I22 - Educational Finance
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011123451