Here Comes The Student Loan Forgiveness (Jun 2014)


Source: Forbes – Here Comes The Student Loan Forgiveness

President Obama is in the process of expanding a student loan forgiveness program through his executive power (the infamous pen). Whether constitutional or not, he appears to believe that he can add more students to the eligibility list for a program he created by regulation in November 2013. This “Pay-As-You-Earn” program is partly about lowering the monthly payments to make student loans more affordable for graduates, but mostly it is the foot in the door to student loan forgiveness.

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Worse-Than-Cyprus Debt Load Means Caribbean Defaults to Moody’s (May2013)


Source: Bloomberg – Worse-Than-Cyprus Debt Load Means Caribbean Defaults to Moody’s

Notable excerpts:

Three bond restructurings totaling about $9.7 billion in the Caribbean this year are failing to ignite economic growth and may not help the region avoid more defaults, according to Moody’s Investors Service.

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S-Reits Face Risks From Debt Reliance


Source: Business Times – S-Reits face risks from debt reliance: Fitch

Notable Excerpts:

SINGAPORE real estate investment trusts (S-Reits) are exposing themselves to various risks as they rely more and more on debt financing, a trend that is likely to continue this year, according to Fitch Ratings.

The uncertainties include refinancing risk and exposure to interest-rate shocks, while the increasing use of debt in S-Reits’ funding mixes stems from low interest rates and demand for dividend distribution amid falling asset yields, Fitch said in a report released yesterday.

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