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Question: I defaulted on my student loans.
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I default to politeness.
QUESTION FROM DOUG: Is default even now a remote possibility?
And his holding is loss-absorbing, in the sense that his equity would be wiped out before there was any question of defaulting on money owed to any creditors.
I also defaulted.
That formula delivers capital gains, provided the borrower in question does not default.
Pointing to the 7 million borrowers in default on their federal student loans, Sarah Bloom Raskin, deputy treasury secretary, questioned why borrowers had defaulted, given the availability of generous repayment plans that link monthly payments to incomes.
Yields fell steadily in line with inflation and there was no question of default.
Each presents difficulties and uncertainties, but in the long run there is no question that default, and a return to the drachma, offer the better chance of economic growth and employment.
In a letter to Speaker John A. Boehner of Ohio, Treasury Secretary Jacob J. Lew urged Congress to raise the debt ceiling in a clean bill and avoid any question of default.
Imagine being disconnected by and from the consumer: the end of cookies will be the least of it Imagine a scenario where a significant chunk of the soon-to-be four billion internet users start to question the default Faustian bargain of "my private data in return for your connectivity, your cool platforms and amazing technologies".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com