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Student Loan Hero

Jim Flynn: As student debt rises, fake relief firms prey
Colorado Springs Gazette
They then default, their credit score goes in the tank, they are harassed by debt collectors, their wages (if any) are subject to garnishment, no one wants to employ them because they are in a state of financial - and probably emotional - distress, and ...
Kids and Money: Student loan debt traps most vulnerable borrowersHerald & Review

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USA TODAY

How debt — yes, debt — can help you jumpstart your business
USA TODAY
Many business owners run in the other direction when they hear the word debt. But debt can help a business thrive. If you take away the stigma, you can see how it can be used to your advantage — if you know how to manage it. Here are four tips for ...



Reuters

As debt limit looms, House leaders eye bipartisan deal
Reuters
John Yarmuth, top Democrat on the U.S. House of Representatives Budget Committee, told Reuters there is bipartisan interest in raising the debt limit before August. "There is talk going on, there is leadership conversation about this," said Yarmuth ...



The Hill (blog)

Congress must do more to enforce a real debt ceiling
The Hill (blog)
With the national debt nearing $20 trillion, Congress simply must act to rein in spending. Common sense dictates that should be a precondition of any move to increase the debt limit yet again. Instead, Senate Republican leaders are signaling ...

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CNBC

Here's how much the average American in their 30s has in student debt
CNBC
If you went to college in the United States, student debt is likely a big part of your financial report card. Approximately 70 percent of grads leave college with student debt, and over 44 million Americans hold a total of $1.4 trillion in student loan ...



Bloomberg

Mozambique Debt Probe Sees $500 Million in Unexplained Loans
Bloomberg
Mozambican state companies have failed to account for about a quarter of the proceeds of $2 billion in loans being investigated, according to a report by Kroll LLC that creditors said was needed for debt restructuring talks to start. “At least $500 ...
UPDATE 2-Mozambique debt audit says $500 million in loans unaccounted forReuters
Mozambique debt audit finds 500 mln USD in loans unaccounted forXinhua
IMF to visit Mozambique to discuss debt audit concernsReuters Africa

all 9 news articles »


Hospitals handling growing debt loads—for now
ModernHealthcare.com
Nashville-based HCA is preparing to sell $1.5 billion of senior secured notes with an interest rate of 5.5% that will be used to retire higher-cost debt and pay for the $725 million announced acquisition of three hospitals in Houston from rival Tenet ...



USA TODAY

Americans take on this much debt to pay for a vacation
USA TODAY
Summer is finally here and thoughts of taking a vacation and heading to the beach are on the minds of a lot of people right now. Many Americans spend countless hours planning and organizing the perfect summer vacation for their family. But one thing ...



Daily Signal

New Poll Shows Americans Do Not Want the Debt Ceiling to Be Raised
Daily Signal
According to the Morning Consult, a joint poll between the Morning Consult and Politico was taken between June 15 and 19, asking, “Do you believe that Congress should or should not raise the debt ceiling, the amount of money the U.S. government can ...

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Court in China Reduces Sentence for Man Who Killed Debt Collector
New York Times
Mr. Yu was working alongside his mother, Su Yinxia, at the family's store last year when 11 debt collectors showed up seeking payment from Ms. Su on a high-interest loan. The men grew increasingly violent toward Ms. Su, cornering her and her son in a ...

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