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.
Financial Crisis in Spanish Regions Pressures Central Government
By Gil WeinreichA major Spanish region, akin to a U.S. state, has been declared “totally bankrupt” by the incoming administration. Spokesmen for the People’s Party in the Castilla-La Mancha region accused the previous socialist government of destroying unpaid bills totaling 2 billion euros.
June 03, 2011
Moody’s Warns of U.S. Downgrade Over Debt Ceiling, Risk of DefaultWorried 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.
June 01, 2011
House Republicans Meet With Obama Over Debt LimitHouse Republicans met with President Obama Wednesday morning to discuss how raising the debt ceiling would impact everything from the nation’s economy, to job creation, to health care.
June 01, 2011
China to Clear Off Billions in Local Government DebtChina's regulators intend to move 2-3 trillion yuan ($308-463 billion) of debt off the books of local governments, paying off some and forcing some of its "Big Four" banks to absorb some losses.
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.