Buy Photo Around 70% of college students, including many at Marquette University, take out loans to pay for school.(Photo: Michael Sears / Milwaukee Journal Sentinel)Buy Photo The numbers alone are staggering. Around 70% of college students take out loans to pay for school. The average loan amount per borrower is more than $30,000. About 10% of…
On March 2, 1917, President Woodrow Wilson signed a law granting U.S. citizenship to the residents of Puerto Rico. But 101 years later, the federal government, by abandoning the island in the wake of a crippling debt crisis and an even more devastating hurricane, is treating Puerto Ricans like citizens in name only. Washingtons failure…
ROHNERT PARK, Calif., March 2, 2018 /PRNewswire/ — The benefits of having a college degree, not the least of which include increased earnings potential for college graduates, have been well-documented. First-generation students may be especially excited to see increased earnings in their future and to experience that social mobility. However, because of the high costs…
WASHINGTON Low-Earth-orbit satellite fleet operator Globalstar is meeting with telecom regulators around the world in an effort to globally authorize some of its satellite spectrum for mobile broadband services. Jay Monroe, Globalstars chairman and CEO, said Feb. 22 that the company has met with regulators in more than 30 countries to gain approval for terrestrial…
A Lone Wolf MC drug dealer-turned-police-informant has told how a $76,000 debt prompted him to turn to his accused gun-runner friend. Strike force police pulled the informant, who can only be known as Mr Brown, out of a hotted-up car on Crown Street, Wollongong the afternoon of September 15, 2016. As passers-by stopped to stare, police placed him…
Thousands of cash-strapped families have sought professional help from a charity after running up a £16.2 million mountain of debt in just 12 months. Staffordshire North and Stoke-on-Trent Citizens Advice Bureau (CAB) has blamed people’s personal debt problems on low wages and rising living costs. It has left many people unable to pay their rent…
Its no fun being in debt. Creditors want to chase you, the debts increase as you procrastinate about paying them, and you literally feel indebted and guilty, especially if those creditors are friends or family. There are studies about the effects of debt on personal well-being. Micro-economists have also gathered evidence that poor people are the…
Over the past five days, an incredible movement has grown across North Texas: The fight to end medical debt. Our consumer team started the initiative, but our viewers have helped pick up the load in a major way. We’ve heard from viewers who’ve had to sell their homes or forgo medical treatment altogether to avoid…
ROHNERT PARK, Calif., March 1, 2018 /PRNewswire/ — In a list of the highest paying professions, medical careers make up the top 11 slots. However, the education required for those medical careers can result in some of the highest student debt balances. While many question the value of a medical career despite the student debt, others…
British banks have been ordered to help people pay off their credit card loans, one of a series of new measures from the Financial Conduct Authority aimed at tackling the personal debt crisis. See related The new rules are designed to help customers to break the cycle of persistent debt and ensure customers who cannot…