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BlackRock Downgrades US Government Debt

BlackRock Inc., the world’s largest asset manager, is downgrading its views on U.S. government debt even as Treasuries retain their value as a haven amid Monday’s stock-market selloff. Worries about rising coronavirus cases weakening the global economy pushed the S&P 500 Index toward its biggest drop in a month.

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The Existential Crisis for Colleges: $1.64 Trillion in Student Debt and a Pandemic

Here is a sobering number for you: $1.64 trillion. That is the amount of student debt floating in our economy. And this number continues to grow on a slow pace of unavoidable expansion.