From Left to Right: Russell Kavalhuna, president of Henry Ford College, Ora Hirsch Pescovitz, president of Oakland University, M. Roy Wilson, president of Wayne State University, Sandy Baruah, president and CEO of the Chamber and Brandy Johnson, advisor, Office of the Governor Michigan announce a new initiative to remove college debts at gathering hosted by…
According to recent research, Australia has some of the highest levels of personal debt in the world. While other countries have seen their debt levels decrease or plateau since the 2008 Global financial crisis, Australias debt levels have increased. Whether that be student loans, personal loans, mortgages, credit cards or other types of debt, its…
Your wedding day is a big moment in your life, but it can have an even bigger impact on your financial future. Even if you start with a conservative budget, its easy to find yourself incurring debt to afford the wedding day of your dreams. In fact, according to The Wedding Report Inc., the average…
Senator Elizabeth Warrens presidential campaign Friday released an interactive tool to help voters determine how much of their student debt would disappear under her ambitious proposal to cancel up to $50,000 in outstanding loans for college graduates in the red. The online calculator tool, on the Massachusetts Democrats campaign website, asks users to answer a…
By Roberta Kwok When a major recession hits, many consumers have the same thought: cut spending. Around them they see layoffs, plunging house prices, income stagnation, and a shrinking credit supply. Their collective belt-tightening fuels the economys downward spiral, leading to even more unemployment. Paul Goldsmith-Pinkham, an assistant professor of finance at Yale SOM, wondered…
As high school seniors and their families prepare to choose which college to attend, student loan debt looms large. Currently, 43 million Americans have student debt and the average household with student loan debt owes almost $48,000. More than 5 million borrowers are in default. With the nationwide student debt topping $1.5 trillion, CBS News…
Adopt a Farmer: How you can help drought-stricken families NSW drought: Devastating reality in pictures Across drought-stricken NSW there are remarkable tales of community strength in the toughest of times and no one embodies that more than young Harry Chase and his classmates at Tottenham Central School. They came up with the Best Cookbook Ever.…
Money is often a source of conflict in a relationship. Josh Hastings, a financial educator and blogger, said combining his debt with his wife Lauren is helping them pay off nearly 300,000 in debt. The debt is actually helping their relationship by forcing them to communicate regularly about their financial future. Visit Business Insiders homepage…
Three years ago my autistic son was groomed on Facebook as soon as he turned 18. He was fooled by some scammers into revealing his bank details on some cock and bull story. In February, they took out three loans in his name from three different payday lenders of varying amounts adding up to nearly…
In the volatile landscape of southern Africa, Zambia is often overlooked. It played a huge role in the liberation struggles of its neighbours. The ANC, banned in South Africa by the apartheid government, established its exile headquarters in Lusaka. The SWAPO movement, fighting for a free Namibia, was also headquartered there. Joshua Nkomos wing of…