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Moody’s May Reduce Ratings on $34 Billion of Student-Loan Bonds

From Bloomberg Business:

“The debt rankings are being threatened amid the U.S.’s sluggish economic recovery from the 2007-09 recession, as borrowers miss payments or tap relief programs, including increasingly popular income-based and similar repayment arrangements being pushed by the Obama administration. Those plans make monthly bills more affordable while extending loan terms.”

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