Student Loan Debt
How advisors can help clients understand the burden of student loan debt and the best ways to reduce, eliminate or manage the debt load.
Consumer borrowing dropped $9.5 billion in August
By Martin CrustsingerConsumers slashed their borrowing in August by the most in 16 months. The drop suggests many worried about taking on new debt while the economy slumped and the stock market fluctuated wildly.
October 05, 2011
Moody’s Slices Italy's Credit RatingItaly got hammered Tuesday by Moodys, which lowered the countrys credit rating from Aa2 to A2, with a negative outlook, citing weak growth as the reason.
October 04, 2011
EU Hints Greek Bondholders May Get Stung With Sharper LossesThose institutions and investors holding large quantities of Greek bonds may be in for bigger losses than an originally agreed-upon deal provided for, according to hints from European finance ministers who met Monday to discuss Europes ongoing debt crisis.
October 03, 2011
Roubini: Europe Needs 2 Trillion Euro ‘Bazooka’Economist Nouriel Roubini said Europe must increase the money it has raised to battle its debt crisis and deploy a 2 trillion euro ($2.7 trillion) bazooka before it is too late.
September 23, 2011
Top 10 Worst Financial Meltdowns by AthletesThese superstars blew through their hoards of cash long before retirement, which means they could've used some good financial advice.
September 21, 2011
Why You Should Care About the Greek CrisisGreek default fears are starting to infect Germany and its banks, which have significant holdings of Greek sovereign debt. And the infection is spreading to the U.S. because of close connections between U.S. and German banks.
September 19, 2011
Roadmap for the Coming Greek DefaultAn acclaimed fund manager says the history of sovereign defaults in Argentina, Uruguay, Russia and other countries provides a clear outline of the financial crisis that appears about to unfold, and the associated choices involved.
September 15, 2011
Sidestepping Income Tax When a Policy Is Canceled With Outstanding LoansInsolvent insureds can avoid income tax when a life insurance policy is terminated while loans are outstanding.