NEW YORK — Graduating into a barren job market is stressful enough. When massive student loans await, the rite of passage can be downright terrifying.
Don’t get burned by debt settlement offers (Erie Times-News)
May 30, 2009 By
Aimee and Mark SooSoo owed so much money on their credit cards that the minimum payments alone added up to $2,000 a month.
School consolidation on the table in Clarion (Courier-Express)
May 30, 2009 By
STRATTANVILLE – School consolidation was the topic of discussion Wednesday as residents of Clarion Area and Clarion-Limestone school districts gathered in C-L’s auditorium to learn about the pros and cons of a school consolidation and what kinds of impacts it can have on students, administration and the community.
Fitch: State Street’s Ratings Unchanged After Conduit Consolidation (Business Wire via Yahoo! Finance)
May 29, 2009 By
CHICAGO—-Fitch’s ratings of State Street Corporation and lead bank State Street Bank and Trust Company are unaffected by recent events related to consolidation of asset backed commercial paper conduits and the associated $3.7 billion after-tax charge resulting from marking conduit assets to market.
Acting too soon on UK debt could kill recovery (Reuters via Yahoo! UK & Ireland News)
May 29, 2009 By
Markets are looking to the next government for tough action on the public finances, but pruning the record debt too sharply could strangle the green shoots of recovery, analysts say.
The National Debt Road Trip | The Big Picture
May 21, 2009 By
How do the Obama deficits compare with past presidents? And how did the national debt get so big anyway. This video tries to answer those questions by looking.
Fitz & Jen: Moody's Doesn't Like McClatchy's Debt Swap, Either
May 21, 2009 By
Fitz: After markets closed, Moody’s Investors Service joined Fitch Rating’s earlier downgrade of The McClatchy Co. credit ratings, expressing its own dissatisfaction with The Miami Herald parent’s offer to exchange $1.15 billion in …
Cafe Hayek: The debt
May 21, 2009 By
The debt is expected to be $1.8 trillion this year. That’s this year alone. That is $6000 for every man, woman, and child. Does anyone think this living beyond our means is money well spent? Kind of bites into those $2800 of savings. …
Paying off debt without going broke (CNN)
May 21, 2009 By
Last summer, Maria Calderon was so overwhelmed by credit card debt, she couldn’t sleep. She owed $21,000 on nine cards with interest rates as high as 29.99 percent.
Mish's Global Economic Trend Analysis: Government Debt Downgrades …
May 21, 2009 By
Standard & Poor’s on Thursday lowered its credit outlook on the U.K. to negative from stable for the first time ever in view of the country’s swelling debt, which may expand even as the economy recovers. …
