It’s summer when millions of young people will be graduating from college and, in the eyes of older adults, they will be joining the “real world,” whatever that is. Just…
Tag:
student loans
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If you were at all connected to the real estate industry in 2005/2006 you knew something wasn’t right. While it might have been hard to foresee the collapse of the…
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Today, President Barack Obama announced expansion of a program that helps student loan borrowers manage their debt. The new plan extends 2010’s “Pay as You Earn” program, that tied student…
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The theory of “good debt” really started before the Great Recession, and generally applied to student loans and mortgage debt. In those days it was easy to assume the value…
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Here’s a lesson for you — it’s called supply and demand. It states that when there’s little demand and your price is too high, you’re in trouble. That’s the dilemma…
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Most people are aware that the Great Recession of 2008 was triggered by sub-prime lending, what those of us in the real estate industry called a “no-doc” loan, also called…
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“Education is not the filling of a pail, but the lighting of a fire.” — William Butler Yeats Advanced education for America’s youth has become like a mill. Young people are…
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Bankruptcy is an epidemic in America today. Declaring bankruptcy can be a good way to start over — if you have exhausted all other avenues. You may think that mortgage loan or…
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There is an ongoing issue related to saving for retirement — those pesky student loans. Soon-to-be retirees find that their student loan payments are really eating into their retirement savings.…