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Consumer Credit Expected To Rise, Fueled By Student Loans04:08
PlayNew consumer credit numbers come out Monday afternoon, and the expectation is that consumer credit will rise, as it has for 20 straight months.
This has been fueled mainly by student loans, but it raises questions about how households can take on this debt, and whether they’ll see a return on their investment.
Guest:
- Heidi Moore, U.S. finance and economics editor at The Guardian. She tweets @moorehn.
This segment aired on July 8, 2013.
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