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Debt levels should fall after pre-crisis jump: BIS
Debt levels that ran up ahead of the financial crisis have shown only a modest decline since and are likely to fall sharply in the coming years, a study said.
http://news.yahoo.com/s...
Debt levels should fall after pre-crisis jump -BIS
* Debt levels typically reverse jumps seen pre-crises - BIS
http://sg.news.yahoo.co...
7 strategies to avoid the college debt trap
Is it worth it to pay $200,000 for a liberal arts education, especially if it means taking out loans? One of my 20-something Kiplinger colleagues answers bluntly: "If I had realized how much debt I was getting into, I would have gone to my state school instead of an expensive private college." Finance - United States - Education - Colleges and Universities - Government
http://www.washingtonpo...
Post-Katrina debt still unforgiven
A debt of about $68 million still looms for the St. Tammany Parish School System, with an additional $108 million in debt from the parish and municipalties that still has not been “forgiven” by the federal government.
http://m.thesttammanyne...
7 strategies to avoid the college debt trap
Is it worth it to pay $200,000 for a liberal arts education, especially if it means taking out loans? One of my 20-something Kiplinger colleagues answers bluntly: "If I had realized how much debt I was getting into, I would have gone to my state school instead of an expensive private college."
http://www.washingtonpo...
Michelle Singletary | U.S. student loan debt is ticking out of control
Mark Kantrowitz, publisher of finaid.org, one of the best sites for college financial aid information, has posted a "Student Loan Debt Clock" that keeps a running tally of federal and private student loans. The last time I checked, the total was more than $848 billion.
http://www.courier-jour...
Banks Bought Bonds Amid Debt Crisis
A report from the Bank of International Settlement suggested that the European Central Bank inadvertently encouraged institutions to increase their risk.
http://www.nytimes.com/...
Buried in debt: ISU student debt load among highest in nation
For some college students, graduation means a chance to spread their wings and fly, but for those weighed down by student loan debt, it’s more like a plunge into a dark unknown.
http://amestrib.com/art...
Student loan debt is $849 billion and rising
In midtown Manhattan two years ago, the billboard-size clock that keeps track of the U.S. national debt ran out of digits when the figure ballooned to $10 trillion.
http://newsobserver.com...
How Debt Can Destroy a Budding Relationship
Because one person’s debt becomes a shared responsibility in marriage, when do you reveal a substantial liability?
http://www.nytimes.com/...
Debt load weighs on Alameda Corridor
The rail expressway that helped make the L.A. and Long Beach ports complex the giant it is could become a burden to it thanks to the recession. The ports of Los Angeles and Long Beach are a cargo powerhouse, handling about 40% of the country's imported goods and making possible hundreds of thousands of well-paying freight-related jobs.
http://www.latimes.com/...
The Color of Money: Adding up student loans is alarming
In midtown Manhattan two years ago, the billboard-size clock that keeps track of the U.S. national debt ran out of digits when the figure ballooned to $10trillion.
http://www.dispatch.com...
How debt can destroy a budding relationship
Nobody likes unpleasant surprises, but when Allison Brooke Eastman's fiancé found out four months ago just how high her student loan debt was, he had a particularly strong reaction: he broke off the engagement within three days.
http://www.financialexp...
Late payments on autos fall
NEW YORK -- In another sign that borrowers have taken tighter control of their debt, late payments on auto loans dropped in the second quarter. The rate of payments 60 days or more past due dropped to 0.53 percent of outstanding auto loans in the April-to-June period, down from 0.73 perce...
http://www.postandcouri...
Young and in debt: Make it harder for yuppies to get credit
- Improve public transport. Most youth who start work after school or university have difficulties in getting to their workplaces. - Make it difficult for youth to own cars. Our system makes it too easy for them to obtain loans to finance a car, be it new or used vehicle.
http://www.nst.com.my/n...
Proposal could affect student loans at for-profit schools
A proposed rule change that would require for-profit career colleges to show that they are preparing students for "gainful employment" could make things difficult for some schools in Alabama and the students they serve.
http://www.montgomeryad...
Payday loans at center of debate
With some of the most lenient laws regulating payday loan businesses, Missouri is crawling with them. St. Joseph has 28 from which to choose. Critics say the businesses are practicing “predatory” lending, feeding off the underprivileged. Proponents say they’re simply offering a service to those who can’t get a loan anywhere else.
http://newspressnow.com...
Proposed change shines light on student loan repayments
When it comes to repaying federal student loans, Alabama State University has the worst estimated repayment rate among the state's four-year colleges at 14 percent, while Auburn University's main campus has the best at 69 percent.
http://www.montgomeryad...
Kingfisher Airlines gets nod to recast debt
Kingfisher Airlines' debt restructuring package has received an in-principle nod from bankers. The package will be implemented within 120 days of receiving the Reserve Bank of India's (RBI) nod. Kingfisher, the second largest carrier in terms of market share, has debt of around Rs 6,000 crore across 12 lenders such as the State Bank of India, Bank of India and Vijaya Bank, among others.
http://business.rediff....
401(k) loans can put future at risk
The days of using your house as a piggy bank are over, and it's harder to get a consumer loan these days. So where are Americans turning to finance college, buy cars and get credit card companies off of their backs? Their 401(k) plans.
http://www.goerie.com/a...
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