Denmark stands out as a country with sound public finances. So is the foreseeable impact of ageing on public finances compared with many other OECD countries.Nevertheless, the very high level of public expenditures and hence, of taxes, as well as difficulties in controlling these expenditures, have negative effects on the economy and could threaten public finances in the longer run.
For most countries in the OECD, 2015 is the seventh or eighth year of dealing with the budgetary consequences of the economic and financial crisis.
These years have been marked by challenges of fiscal retrenchment of a scale and nature unprecedented in modern times.
Private education loans are not eligible for consolidation, but for some Direct Consolidation Loan repayment plans, the total amount of your education loan debt—including any private education loans—determines how long you have to repay your Direct Consolidation Loan.
Direct PLUS Loans received by parents to help pay for a dependent student’s education cannot be consolidated together with federal student loans that the student received.