Four years ago, Kim Jong-gu went to the South Korean mountain town of Sabuk to find out why his thirty-something daughter kept asking him for money. When I found her at the casino, she was laden with debt from loan sharks, Kim said, recalling his visit to Kangwon Land, the only casino of 17 in the…
With the holidays behind you, the new year is a great time to get your finances back on track if youve slipped a bit. By dedicating yourself to using credit responsibly and sticking to a sensible plan, then you can effectively pay down your debt. According to debt.org, total U.S. consumer debt is at $11.4…
How VET FEE-HELP debt went from costing taxpayers $325m to $3b Karen Andrews is the fourth vocational education minister in the past year. Photo: Alex Ellinghausen Former Labor treasurer Wayne Swan says no such unit existed when he was deputy to prime ministers Julia Gillard and Kevin Rudd. Photo: Stefan Postles Education Minister Simon Birmingham.…
As part of the broader economic legacy of President Obama, from jobs to the stock market, one of the most notable changes has been the increase in the national debt. Based on quarterly data released by the US Treasury, the debt at the end of 2008 just before Obama took office stood at roughly $10,699,805,000,000.…
As part of the broader economic legacy of President Obama, from jobs to the stock market, one of the most notable changes has been the increase in the national debt. Based on quarterly data released by the US Treasury, the debt at the end of 2008 just before Obama took office stood at roughly $10,699,805,000,000.…
College affordability has recently become the preeminent issue in higher education, as student debt figures have hit staggering levels. Student loan debt exceeds other types of consumer debt in the US, like car loans and credit card debt, reaching $1.279 trillion as of the third quarter of 2016. And while lawmakers and student advocates look…
Comments (0) Community leaders have called plans to cut funding for debt advice and benefit services “foolhardy” and “retrograde”. Staffordshire County Council had agreed to end the council’s £439,000-a-year contribution to the countywide debt, benefit and consumer advice service provided by the Citizens’ Advice Bureau (CAB). The decision to end the subsidy was approved by the…
LOS ANGELES Add Live Nation and its nearly 9,000 employees to the growing list of companies offering to help pay down student debt as an employee perk. Live Nation Entertainment is working with tech startup Tuition.io (tuition I owe, get it?) to administer the program, which Tuition.io also does for Staples, Fidelity Investments and Hewlett-Packard.…
The organisation, Council Tax Advisors (CTA), will operate on a UK-wide basis and provide free help and advice to people struggling with tax arrears. Carrington Dean said this meets a growing need for help as an estimated one in 10 UK households are struggling with council tax debts. The service will help individuals by assisting…
Comments (0) Cheadle Citizens Advice Bureau (CAB) is bolstering its debt advice support as families struggle to balance their finances juggling Christmas debts with rising heating bills and other expenses. An online poll, conducted for the Money Advice Trust by YouGov, suggested that 11 per cent of consumers expect to fall behind with their finances in…