Student loan debt has increased by 430% since 2003 – here’s how to lower your debt
Over the past 20 years, student loan debt has increased by 430%. (iStock ) The national debt has grown substantially over the past two decades, but never more so than in student loan debt, which has increased 430% since 2003. Kaplan Group ResearchAlthough student loan debt has stabilized in recent years, levels remain alarmingly high. […]
Money, Debt, and Bitcoins
Estimated Reading Time: 8 minutes Suppose soaring inflation caused our money to be of so little value that it was no longer acceptable for business purposes. It should be obvious that a modern economy cannot function purely on barter trade. What would we do? This has happened in many countries. Usually, they turn to doing […]
Goldman Sachs’ profit more than doubled in the second quarter, bolstered by higher fees from debt underwriting
Anastasia Amoroso, chief investment strategist at iCapital, talks to “Making Money” about what could be the catalyst for a stock market selloff. Goldman Sachs’ profits more than doubled in the second quarter, thanks to higher debt-underwriting fees and strong performance in its bond-trading business. The bank reported Monday profit of $3.04 billion, or $8.62 per […]
Tuition Loan Debt Is Corporatism at Its Worst
Estimated Reading Time: 3 minutes The left accuses the right of fascism, the right accuses the left of socialism, and both engage in corporatism. Corporatism is the organization of the body politic and the economy by interest groups, such as farmers, corporations, banks, media, labor unions, educators, government agencies, and professional guilds. It’s difficult to […]
Poll Finds Americans Worried About National Debt
Americans are worried about the national debt, according to the results of a new poll. Americans have the national debt crisis as one of their top concerns along with war, inflation, and crime. Those polled think the overspending has a direct impact on their personal security and also has an impact on the security of […]