![This Fed Official Just Perfectly Described Why Student Loans Are a Terrible Investment – Bloomberg Business](https://www.chronoto.pe/wp-content/uploads/2015/03/87907-1x-1.jpg)
This Fed Official Just Perfectly Described Why Student Loans Are a Terrible Investment – Bloomberg Business
William Dudley, president of the Federal Reserve Bank of New York, delivered a speech on Wednesday morning that drove home just how dangerous an investment student loans are for American taxpayers. Speaking at a conference on student loan data, Dudley outlined the consequences of the unique way the U.S. government lends money to people for college. Government student loans…