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Increasingly evidence is emerging from south East Asia, southern and east Africa on the burden of default to follow up care after a positive cervical cancer screening/diagnosis, which impacts negatively on cervical cancer prevention and control.
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These loan guarantees mean that taxpayers shoulder the burden of loan defaults and cost overruns.
Greece has a greater debt burden, a history of default and book-cooking, and no control over the currency in which it borrows.
Most of the burden of a peripheral default would fall on banks in the defaulting countries themselves.
Even the world's largest bond investor, Pimco, this week said bondholders will have to share the burden, and some sort of default seems inevitable.
Moreover, a sudden upwards lurch in the level of nominal income would markedly reduce real debt burdens (and the risk of default) for many borrowers.
And these high interest rates, by raising the burden of debt service, make default more likely.
Individual decisions to contribute to loan repayment depend on gains from the public good and groups with the largest debt burdens have the highest rates of default and attrition.
The reason for the request, according to a letter Warren sent Tuesday to Jack Remondi, Sallie Mae chief executive, was concern that the company may be hurting borrowers and taxpayers by pushing debtors into repayment plans that increase their burdens and put them at risk of default.
A sufficiently high interest rate will make the burden of debt unbearable, and trigger default.
Whether or not one agrees, there's really no doubt that a new focus on the costs of education and the growing burden of student debt (and loan default) is long overdue.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com