Is American student debt too big to fail?
By DW
27 February 2021 |
8:19 am
As outstanding student loans pile up in the United States, many worry that the mountain of debt will be a drag on workers and consumers. The knock-on effects could be devastating for the wider economy.
In this article
Related
29 May 2021
The region, which includes hard-hit Brazil, has recorded almost 30% of all global fatalities. Meanwhile, US states are lifting lockdown restrictions as the rate of vaccination increases. Follow DW for the latest.
31 May 2021
Santiago Andres Cafiero, Argentina's Chief of Cabinet of Ministers, says that his country "tried to keep its commitment" to hosting the Copa America but that the "the epidemiological situation made it impossible for Argentina to do so," as it endures a record virus surge.
5 Jun 2021
The World Health Organization's emergencies chief Michael Ryan voices deep concern at the Covid-19 situation in South America, warning that outbreaks in the already hard-hit region are once again worsening.
4 Jun 2021
Peru has released new statistics showing that its COVID deaths number well over double the original figure given. And the pandemic holds sway over the rest of the continent as well.
3 Jun 2021
Argentina coach Lionel Scaloni says it is "alarming" and "worrisome" that the Copa America is now slated to be hosted in Brazil amid the pandemic.
10 Jun 2021
Chile inaugurates Latin America's first-ever thermosolar energy plant, a vast complex dubbed Cerro Dominador in the Atacama desert that gives a boost to the country's quest for carbon-neutrality by 2050.
11 Jun 2021
The Supreme Court is ruling on three cases where the plaintiffs argued that the South American football tournament posed an unacceptable health risk amid the coronavirus pandemic.
15 Jun 2021
Watching on from a bar in Buenos Aires, Argentina fans react after their side was held to a 1-1 draw by Chile in their opening Copa America Group A match. Superstar Lionel Messi scored a stunning free-kick but Eduardo Vargas equalised in the second half.
30 Jun 2021
Latin America, which accounts for one-third of the total global COVID-19 deaths, is struggling to secure vaccines. The region's ambivalence toward a patent waiver for vaccines has left many perplexed.
9 Jul 2021
Neymar says he and Lionel Messi are "rivals" now, as Brazil and Argentina prepare for Saturday's Copa America final. Like Brazil's Pele and Diego Maradona of Argentina before them, neither Messi nor Neymar has ever won the Copa. That statistic will change for one of them in the dream final at Rio de Janeiro's iconic Maracana stadium.
12 Jul 2021
Argentines celebrate outside the Maracana Stadium after their national football team beat hosts Brazil 1-0 in the final of the Copa America. While Angel di Maria scored the decisive goal, many fans celebrated Lionel Messi's first ever trophy with the national team. Meanwhile Brazil fans mourn their team's loss at home, saying they "expected a victory".
Latest
55 mins ago
Spain could become the first European country to cover sick leave for workers experiencing period pain. The draft law, which still has to pass through Parliament, has sparked a debate.
55 mins ago
Twitter has published an account of its deal with Elon Musk suggesting his concerns about "fake users" only arose after setting a price. The Tesla mogul's takeover is not yet complete, with Musk calling it into question.
3 hours ago
Two months of nonstop bombardments, without medicine or enough food: A civilian spoke with DW about her rescue from a bunker in the Azovstal steel plant in Mariupol.
3 hours ago
President Hassan Sheikh Mohamud faces many challenges: From the fight against militant organization al-Shabab to a potential famine threatening millions of Somalis. Is he the right man for the job? DW takes a look.
4 hours ago
The Coordinating Secretary of the National Indigenous Nationalities Alliance for Self-Determination (NINAS), Tony Nnadi, was in The Guardian, where he spoke on the 2023 election and why it should not hold without changing the 1999 Constitution to reflect the aspirations of different nationalities that make up the federation.
1 day ago
Find these stories and much more when you grab a copy of The Guardian on Thursday.