Ionescu, Felicia; Ionescu, Marius - Federal Reserve Board (Board of Governors of the … - 2014
-2007). Worse labor outcomes for young borrowers during the Great Recession (2008-2009) significantly amplified student loan default … resembles Chapter 13. In the credit card market a financial intermediary offers a menu of interest rates based on individual … default risk, which account for borrowing and repayment behavior in both markets. In the student loan market, the government …