A few weeks ago, we talked about the psychology of investing. Turns out that psychology plays a big role not only in investing, but also in how we spend and save, and most importantly, how we end up in debt. Don’t people end up in debt because they spend more than they earn? It’s pretty […]
Mignon Francois wanted to help her husband lift their family out of debt. The couple and their six children were living in two rooms of a condemned house they were rehabbing in Nashville. The water and electricity were turned off regularly for nonpayment and dinner was often Ramen noodles. Francois said her husband “looked gray […]
You know those commercials you see that say they help you “get of debt the quick and easy way?” Debt consolidation companies can paint a very rosy picture for people who are struggling to get out of debt. And between credit cards, medical bills, and household expenses, that applies to a lot of Americans. We […]
Mellody Hobson talks about debt consolidation. — You know those commercials you see that say they help you “get of debt the quick and easy way?” Debt consolidation companies can paint a very rosy picture for people who are struggling to get out of debt. And between credit cards, medical bills, and household expenses, that […]
WASHINGTON (AP) — With college enrollment growing, student debt has stretched to a record number of U.S. households — nearly 1 in 5 — with the biggest burdens falling on the young and poor. The analysis by the Pew Research Center found that 22.4 million households, or 19 percent, had college debt in 2010. That […]
WASHINGTON (AP) — A public interest group says as many as 900 colleges are pushing students into using payment cards that carry hefty costs, sometimes even to access students' financial aid money. The U.S. Public Interest Research Group Higher Education Fund says in a report published Wednesday that colleges and banks often make secretive deals […]
The lovely LisaRaye did not hold back in her JET cover story. The Chicago-bred actresses addresses longstanding rumors about the reported fight between she and Stacey Dash on the set of Single Ladies. LisaRaye also addresses her relationship with another former co-star, Duane Martin.
Despite stern and unrelenting protest from parents, educators and even Occupy Department of Education demonstrators, nearly 50 New York City public schools are slated for shutdown this summer, increasing the overall total of such targeted institutions well into triple-digits over the last decade and charting the course for what community activists are terming a “take-no-prisoners, […]
John Witherspoon talks about the debt ceiling and other current news topics.
