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Prof. Thomas Cooley on the impact of high student loan debt among millennials

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Excerpt from Marketplace -- "While many Americans have stabilized their balance sheets, Thomas Cooley, a business professor at NYU’s Stern School, said young people have staggered under the weight of growing student debt. 'That’s a constraining factor in their ability to and their willingness to take on mortgage debt and more auto loan debt and so on,' he said."

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