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 of U.S. Downgrade Over Debt Ceiling, Risk of Default
By Kate McBrideWorried over the tenor of the debt-ceiling argument in Washington, and the risk of a shor-term default, Moody's places the U.S. government's rating under review for a possible downgrade.
May 31, 2011
Debt Limit Increase Fails in Congress in Largely Symbolic VoteThe House overwhelmingly rejected President Barack Obama's call to increase the $14.3 trillion debt limit without conditions, by a vote of 318-97. Even some Democrats supporting Obama's position voted against it.
May 27, 2011
New Grads Feel the ChillMembers of the college Class of 2011 are leaving campus with an average of $39,900 in debt each.
May 27, 2011
New Grads Feel the ChillMembers of the college Class of 2011 are leaving campus with an average of $39,900 in debt each.
May 20, 2011
David Gergen, Political Analyst, Is Somber Yet Hopeful About State of CountryAt NAPFA Salt Lake City, Washington insider explains how macro events will affect advisors and clients.
May 18, 2011
IMF Warns Greece: Reform or RestructureAccording to an IMF envoy monitoring Greece’s progress in implementing reforms to drive down its debt, those reforms aren’t coming fast enough and that could have dire consequences for Athens.
May 17, 2011
EU Says Greek Restructuring PossibleThis was the first official acknowledgment that such an action might occur, and it was met with swift resistance from other euro zone officials. The effect on European banks and the European Central Bank (ECB), which all hold substantial amounts of Greek debt, would be huge. American banks also hold...
May 17, 2011
Andrew Friedman Says Deficit Will Push U.S. Into Grim Economic FutureAddressing an elite audience of financial advisors at the IMCA conference on the day the U.S. government hit its debt ceiling, Friedman, an expert on government affairs, told a grim tale of rapidly deteriorating public finances amid political gridlock in Washington.