Friday, June 19, 2015
Student Loans: More Debt, More Defaults, More Problems
Americans owe $1 trillion in student loan debt. How did that happen, and what's the impact on the nation's economy? Economics correspondent Paul Solman reports as part of his Making Sen$e of financial news series.
The average person graduating from college in 2013 borrowed nearly $30,000 in student debt. To help Americans overburdened by their loans, President Obama signed a new executive order that expands on a 2010 law that capped federal loan repayments at 10 percent of borrowers' monthly income. Gwen Fill
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My life is worth living comfortably for me and my family now and really have never seen goodness shown to me this much in my life as I have been going through a problem as seriously as my son found a terrible accident last two weeks, and the doctors states that he needs to undergo a delicate surgery for him to be able to walk again and I could not pay the bills, then your surgery went to the bank to borrow and reject me saying that I have no credit score, from there i run to my father and he was not able to help, then when I was browsing through yahoo answers and i came across a loan lender Mr, Pedro, offering loans at affordable interest rate I had no choice but to give it an attempt and surprisingly it was all like a dream, I got a loan of $ 110,000.00 to paid for my son surgery then get myself a comfortable business to help me going as well. I thank God today is good and you can walk and is working and the burden is longer so much on me more and we can feed well and my family is happy today and i said to myself that I will mourn aloud in the world of the wonders of God to me through this God fearing lender Mr Pedro and I would advise anyone in genuine and serious need of loan to contact this God-fearing man on ...... pedroloanss@gmail.com
ReplyDeleteThank you