Philly Fed chief warns of mounting student debt

Sasha Padbidri

February 08, 2018 07:15 PM

fotolia_debt — Graduate students walking into debt. Concept business debt illustration. Vector cartoon character and abstract | zenzen - Fotolia

Patrick Harker, president and CEO of the Federal Reserve Bank of Philadelphia, said on Thursday that student loan debt is becoming a “real threat” to American households, with the number of older student loan borrowers quadrupling in the last 10 years.

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Sasha Padbidri