Student Debt is Not a Threat to U.S. Financial System, Bernanke Says

Thursday, Aug. 9, 2012

The $1 trillion student-loan debt does not jeopardize the U.S. financial system, says Federal Reserve Chairman Ben Bernanke. In comments to teachers at a town hall meeting, Bernanke said unlike housing debt, most educational debt is backed by the U.S. government.

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