Borrow Now, Pay Later_Student Loans_Nuno Clara_Duke University's Fuqua School of Business
May 24, 2023

Professor Nuno Clara explains how a 10-year deferral on debt repayment could maximize individual and societal wealth

10 years ago, when Nuno Clara was studying ways of making mortgages less vulnerable to default, he wondered why student debt wasn’t also being examined. He says student debt was growing exponentially at that time. “Just looking at people’s balance sheets, student debt could be the next crisis,” he thought. Clara decided to research... read more