debt

So this is what happens when Congress wants to ‘reform’ something: Student Loan Calculator

Big banks enjoy government interest rates as low as 0.75 percent. Meanwhile, student loans are set to double if Congress doesn’t take any action. How will your future be affected? The website http://democracyforamerica.com/studentloandebt shows you exactly how the new Senate school loan bill will effect you. For me, I better pick a higher monthly payment … read … Read moreSo this is what happens when Congress wants to ‘reform’ something: Student Loan Calculator

The next bubble is hissing.. when will it burst? For two decades student debt expanded at a rate above 17 percent per year

Just a few days ago, this website linked up an NBC news article about how punishing debt is weighing down a generation–the generation of people who cannot find jobs in their majors, cannot keep jobs they have in an uncertain economy, and cannot make enough to pay their debt without defaulting on other loans and … Read moreThe next bubble is hissing.. when will it burst? For two decades student debt expanded at a rate above 17 percent per year

Lots of people may have let out an extended sigh of relief when Hollywood Video closed. Don’t get me wrong, it wasn’t good at all to see that part of our modern American life turn into a scrap heap of shredded videotape–we will probably look back in years and lament the death of video stores just like generations … Read more

Harrisburg, PA, already deep in debt, is going to skip $5.3 million in debt payments this week so it can keep essential services of the 50,000 population city up and running

The news from Pennsylvania’s Crapitol just continues to befuddle all who watch it.. Harrisburg, PA, already deep in debt, is going to skip $5.3 million in debt payments this week so it can keep essential services of the 50,000 population city up and running