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Responding to complaints from thousands of veterans, Congress, the Obama administration and various veterans groups are condemning some of the practices of for-profit schools and colleges that receive hundreds of…
Economists around the globe are crunching the latest G.19 credit numbers released by the Federal Reserve’s Board of Governors, numbers that show that consumers around the world are still borrowing…
Unlike other sectors of the mortgage market, which appear to be steadying after years of turmoil, FHA loans are falling into delinquency and foreclosure at an alarming rate. A recent…
A recent consumer report indicated the government-insured reverse mortgage program, once intended to help seniors continue living in their homes free from financial constraints during the retirement years, contains possible…
After several challenging economic years, the sluggish housing market is said to be on the mend as the number of total home sales show a sales gain. In fact, economists…
The results are troubling for economists. In a country riddled with consumer debt — the next generation of American consumers, college students, seem to be following in their parents’ footsteps,…
Fallout from the collapse of the U.S. housing market is ongoing, and consumers are only now beginning to learn the effectiveness of various mortgage modification strategies that they used after…
Veterans and active duty service members of the U.S. military and their families are struggling as much as everyone else in America with substantial financial problems in the wake of…
It came down to the wire, but Congress finally voted to help out millions of current and former college students who have accumulated up to $1 trillion in student loans.…
Sources:
- Zucchino, D. & Rivera, C. (2012, July 16). Backlash Builds as For-Profit Schools Rake in GI Bill Funds. The Los Angeles Times. Retrieved July 17, 2012, from http://www.latimes.com/news/nationworld/nation/la-na-vets-colleges-20120716,0,2523844.story
- Smith, A. (2012, June 26). For-Profit Schools Cash in on the GI Bill. CNNMoney. Retrieved July 17, 2012, from http://money.cnn.com/2012/06/26/news/economy/veterans-schools/index.htm