Tag: Moodys says student loans may be next financial bust
MOODY’S WARNS STUDENT LOANS MAY BE THE NEXT FINANCIAL BUBBLE TO BURST
Record borrowing by college students who are graduating without jobs may lead to the next financial crisis, according to a recent report by Moody’s Analytics. “The long-run outlook for student lending and borrowers remains worrisome,” concluded the report, which came out in July. The article is in the Huffington Post.