By Caitlin Gibson, At first, Athena Cross was sure shed somehow misheard. As she sat in the sunshine at her sons college graduation ceremony at Morehouse College in Atlanta, where billionaire tech investor Robert F. Smith was addressing the 2019 graduating class, Smith suddenly made a stunning announcement: His family would create…
By now, youre probably well aware that student loan debt has become a national crisis. Over 44 million borrowers owe more than $1.5 billion collectively at last count, and the student loan delinquency rate (loans 90+ days rate) remains relatively high at 11.4%. Worse, more than 609,000 souls owe more than $200,000 on their student…
Early this morning, Burger King sent a mysterious tweet that has debt-burdened Americans on social media all atwitter. It reads simply: got student loans? whats ur $cashtag? Since then, more than 51,000 responses have come in, many from graduates young and old with heavy college debts to pay off. The folks at Cash App, who…
There are a number of people trying to understand what credit card churning is and that is why National Debt Relief aims to help consumers by explaining what this process is. The article titled “What Is Credit Card Churning And Should I Try It?” released May 1, 2019, aims to give people a better understanding…
Robert Smith, a private equity executive worth an estimated $4.47 billion, is donating approximately $40 million of his fortune to pay off the student loan debt of the graduating class of Morehouse College. Morehouse, an elite, all-male historically black college in Atlanta, had a graduating class of 396 this year. Graduates of historically black colleges…
(Adds details, context) CARACAS, May 20 (Reuters) – Venezuelas opposition has hired veteran debt lawyer Lee Buchheit to help restructure the countrys more than $150 billion debt burden, suggesting it could take a tough approach to dealing with investors holding defaulted bonds. Buchheit, a former Cleary Gottlieb attorney who has represented several governments in debt…
CARACAS, May 20 (Reuters) – Venezuelas opposition has hired veteran debt lawyer Lee Buchheit to help restructure the countrys more than $150 billion debt burden, suggesting it could take a tough approach to dealing with investors holding defaulted bonds. Buchheit, a former Cleary Gottlieb attorney who has represented several governments in debt talks with bond…
Press release content from ACCESSWIRE. The AP news staff was not involved in its creation. Click to copyhttps://apnews.com/ACCESSWIRE/1b315f748b33fa4f4fae846ab7de9924 BOCA RATON, FL / ACCESSWIRE / May 19, 2019 / Resolvly is a seasoned and reputable debt solutions company. Started by Gregory Fishman in Boca Raton in 2014, the company continues to protect families and individuals from…
So I did some research on the MyBudget website and talked to my husband about it. At this point we were up to $40,000 in debt and most of this was credit card and consolidated debt which was depressing. We were completely out of control. He agreed that it was a good idea, so I…
With just over ten years until 2030, developing countries face important and complex challenges around the Sustainable Development Goals (SDGs). Not least of which is how to finance the investments needed to achieve them. Estimates suggest that developing countries face a $2.5 trillion annual financing gap to meet the SDGs. Other studies conclude that the…