If the US loses its triple A status, investors might end up selling off their student-loan backed securities. The $250-billion government-backed securities would be hit hard. This concern is only being framed into terms of how it would affect the markets. If those securities are shaken, what does that mean for the debtors who owe the loans? What sort of disastrous results could occur in their world?
Related Link
"The Debt Ceiling: Why It's a Real Issue for the Indentured Educated Class," AEM (July 25, 2011)
The Debt Ceiling Fiasco And Student Loans
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