The entire system is a "moral hazard."
Erasing student debt could create "moral hazard" and long-term risks, Moody's says http://hill.cm/2Bw8f8h pic.twitter.com/BWXgB7lzjz
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Or, on the other hand, it might improve the level of education
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It most likely would but it would also cause thousands more to enroll in college who don’t finish or never intend on finishing just because it’s free.
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In today's Capitalist News, happiness and financial freedom are "moral hazards".
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I wish Moody could document for us the "moral hazards" from the automaker bailouts, the 2008 bailouts, or the more recent farmer bailouts.
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Student debt is USAs largest balance sheet asset. You can’t just forgive that.
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Explain moral hazard?
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But the Wall Street bailout didn't create a moral hazard?
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It also sort of penalizes those who paid off their debt or worked their way through college, often over a longer period of time by going to school part-time. Wiping the slate clean for debtors, turns the others into suckers for playing it straight.
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