Would canceling all student debt help economy? – The Morning Journal

Policymakers have been struggling to identify ways to deal with Americas staggering student loan debt. As of January 2018, Student Loan Hero estimated total outstanding student loan debt at $1.48 trillion, affecting 44 million Americans. Thanks to this debt burden, young Americans are having difficulty achieving typical financial milestones such as home ownership. Heres a…

Would canceling all student debt help economy? – The Morning Journal

Policymakers have been struggling to identify ways to deal with Americas staggering student loan debt. As of January 2018, Student Loan Hero estimated total outstanding student loan debt at $1.48 trillion, affecting 44 million Americans. Thanks to this debt burden, young Americans are having difficulty achieving typical financial milestones such as home ownership. Heres a…

Would canceling all student debt help economy? – News-Herald.com

Policymakers have been struggling to identify ways to deal with Americas staggering student loan debt. As of January 2018, Student Loan Hero estimated total outstanding student loan debt at $1.48 trillion, affecting 44 million Americans. Thanks to this debt burden, young Americans are having difficulty achieving typical financial milestones such as home ownership. Heres a…

High debt, weak wages leave RBA on ‘different track’ to US Fed – The Australian Financial Review

High household debt and the lack of a “definitive pick-up” in wages growth were key reasons the Reserve Bank of Australia left the official cash rate steady this month, putting it on a “different” trajectory to the US Federal Reserve, according to Treasurer Scott Morrison. In another sign monetary policy is to remain stalled in…