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.
Moody’s Warns Italy Over Debt as Eurozone Contagion Fears Spread
By Gil WeinreichMoody’s expressed concern about what rising interest rates might do to an Italian economy that is struggling to recover from recession and burdened by heavy debt.
June 10, 2011
Chinese Ratings Agency Warns of de Facto Default on U.S. DebtThe Moody’s of China, Dagong Global Credit Rating Co., has warned bond investors that the United States is on the path of insolvency. “In our opinion, the United States has already been defaulting,” said Guan Jianzhong, Dagong’s president.
June 10, 2011
Eurozone Squabbles Over Greek RescueEurozone nations weighed in on the Greek financial crisis as the International Monetary Fund (IMF) and European Central Bank (ECB) rejected the involvement of private creditors, lest ratings agencies see their cooperation as coerced and term the measure a default.
June 08, 2011
World on U.S. Debt Default: ‘Frightening,’ ‘Huge Panic Globally’As wrangling in the U.S. Congress continues over the debt ceiling, with Republicans insisting that a taste of default could force the White House to cut spending, the rest of the world looks on in growing horror at the prospect.
June 08, 2011
State of Economy: ‘Things Aren’t Getting Worse,’ Says Milken’s DeVolMilken economist Ross DeVol says the economy can recover so long as price of Arab oil doesn't dramatically spike again.
June 07, 2011
Disability Insurance to Cover Business LoansWhen business owners apply for a loan from a bank, oftentimes the bank wants the debt insured in the event the loan payer becomes sick or injured.
June 07, 2011
Disability Insurance to Cover Business LoansWhen business owners apply for a loan from a bank, oftentimes the bank wants the debt insured in the event the loan payer becomes sick or injured.
June 07, 2011
IMF's Greece Debt Idea Might Not Fly With RatersThe IMF is considering granting Greece an extension on its loans, but some rating agencies are leery.