Category: Debt

Student Loan Overdues Hit New High

Outstanding student loan debt now stands at $956 billion, an increase of $42 billion since last quarter.  However, of the $42 billion, $23 billion is new debt while the remaining $19 billion is attributed to previously defaulted student loans that…

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The Obama, Romney and Ryan Tax Plans

Don’t let anyone tell you there is no difference between the parties. From CNBC.com Differences in Tax Plans . Obama Romney Ryan Personal income taxes: Obama would keep tax rates the same for families making less than $250,000 annually. For…

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Are We Greece Yet?

In a word, No. Because the US has an economy, whereas as one Greek Poltico put it, “all we have is olives, sun and ruins”. But we are in very bad company.  Ireland, Italy, Portugal and Spain are known as…

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Why Greece Matters

Best explanation I have read yet on why we should watch very closely what happens to Greece.  From the Daily Capitalist. We need to follow Greece because their default and withdrawal from the eurozone would set off major consequences to…

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