Student loan debt has reached an average of $29,000, a number that does not sit well with most Americans. In a new COUNTRY Financial survey, four in five of those polled say the level of student loan debt in America is too high. They're worried about rising tuition and uncertain employment, concerns … [Read more...]
Summer is Scholarship Season for Students
July 12, 2011 By Leave a Comment
Students may see summer as a time for relaxation and fun, but Scholarship America says it's a great time to find scholarship dollars to help offset the cost of higher education. The organization is the largest provider of scholarships in the country. "Tuition costs are at an all-time high, which is … [Read more...]
South Koreans Household Debt Among Highest in Developed World
July 6, 2011 By Leave a Comment
Household debt in South Korea ranks among the highest in the developed world, according to the Wall Street Journal. That's pushing leaders to implement measures that will help reduce borrowing among South Koreans and prevent defaults that could destabilize the country's economy. Experts say that home … [Read more...]
Survey: Most Dads Back to Work in Time for Father’s Day
June 17, 2011 By Leave a Comment
A new CareerBuilder Father's Day survey shows some good news and bad news about dad's employment. The good news is that more dads are back to work. Eighty-four percent of dads who have been laid off over the past year are back to work in a full-time job. The annual survey from CareerBuilder polled 800 … [Read more...]
Perkins Bankruptcy Proceeds
June 15, 2011 By Leave a Comment
A company known for pie and breakfast food is going through bankruptcy. Perkins & Marie Callender's Inc owns and franchises about 600 restaurants around the country. According to Bloomberg the company won a court approval for a $16 million financing plan that will help them stay open while working … [Read more...]
Bankruptcy Attorney: More Public Employees Experiencing Financial Hardship
June 9, 2011 By Leave a Comment
A prominent bankruptcy attorney believes the number of bankruptcies could increase– and this time for an unlikely place. Attorney Michael Greiner believes that public employees may be forced to file for bankruptcy at a higher rate because of financial pressures they’re experiencing from state and … [Read more...]
The Worst Credit Cards Available
May 27, 2011 By Leave a Comment
If you're trying to get out of debt you may not be interested in credit cards-- but according to CardHub if you've got one of these babies in your wallet getting out of debt may be an even more difficult uphill battle. That's because they charge the highest interest rates, the biggest fees and have the … [Read more...]
Class of 2011 Holds Largest Debt in History
May 24, 2011 By Leave a Comment
According to the US Department of Education, the graduates in the class of 2011 have the distinct honor or being the most indebted class in history. The average amount of debt for a college graduate sits at nearly $23,000. A new survey from Fidelity found that roughly two out of three graduates say … [Read more...]
South Korea’s Household Debt Raises Concerns
May 3, 2011 By Leave a Comment
Is South Korea following in America's footsteps when it comes to household debt? South Korea's central bank recently announced plans to help citizens there with large amounts of debt by changing monetary policy. The new rules would discouraged additional borrowing. "To guide a soft landing in household … [Read more...]