On August 20, 2018, Bloomberg reported how the student loans may or could affect the US economy. The news then were quoted by several other news agencies. Unfortunately the report started with the following sentence “its time of year….”. However, this is not a seasonal issue, rather a strategic problem which may have impacts nationally.
The Association has completed many studies in the past based on publicly available data. The results have been shared to the public many years ago. AAEA has concluded that continued increasing students loans will not have favorable impacts to the country. But, many players (perhaps, including the law makers, who knows) in the market and industry seem not to have the long-term interest to address (they may have, but stop just to address it, with no viable ways out, may be?) the issues. Any solution seem to be directed toward short-term interests. Unfortunately, they only address the symptoms and not try to solve the root of the problems.
However, AAEA has consistently reminded the public. One can ignore the tooth-ache by taking pill killer, right? But it is a short-term solution. A root canal may be a more visible long-term solution, even though it is more expensive. If one bought the dental insurance, he or she may not need to bare all the treatment expenses. Why can smart Wall Street or Bankers in this country to explore this new market? College Drop-out Insurance, simply CI insurance. The Association has discussed this new trillion dollars market as well. Go and grab it. Just mention ya’ll get the idea from this site. That is the only thing we expect to be accredited for.