College Planning
Help your clients take the worry out of saving for college with news and analysis on student debt, 529 plans and other tax-efficient savings vehicles as well as the colleges and college majors that deliver the most value.
PIMCO’s Gross Warns, Don’t Mess With Debt Ceiling—Raise It
By John SullivanGross calls out Washington politicians for the game of chicken they’re currently playing with America’s finances.
July 13, 2011
Bankmageddon: All Eyes on Europe as Bank Stress Tests LoomSigns that banks are less willing to lend to one another raise specter of Euro-Lehman crisis.
July 11, 2011
EU Calls Emergency Meeting Over Italy DebtConcerns mount over third largest economy in euro zone's sovereign debt while Greece still totters.
July 07, 2011
Debt Ceiling and the 14th Amendment: What’s It All About?Can the 14th Amendment of the United States be used to issue an executive order to raise the debt ceiling? The controversy continues to grow, with Rep. Tim Scott, R-S.C., threatening impeachment if the president moves forward.
July 05, 2011
Moody’s Downgrades Portugal’s RatingMoody’s Investor Services announced Tuesday that it has downgraded the long-term government bond rating for Portugal from Baa1 to Ba2 and assigned the country a negative outlook.
July 05, 2011
Chinese Local Government Debt More Than Estimated: Moody'sMoody's said Tuesday that the total debt owed by local Chinese governments may be 3.5 trillion yuan ($540 billion) more than Beijing's auditors estimated, meaning that its banks could be liable for losses large enough to jeopardize their credit ratings.
July 04, 2011
Debt Limit 'Unconstitutional,' Say Democrats; 'Crazy Talk,' Says a RepublicanAs the clock ticks toward potential default, Congress, still sparring over whether a deal can be reached to increase the debt limit, is facing a new debate. Last week Democrats began talking about the possibility that the debt limit itself is unconstitutional.
July 01, 2011
Event alert: Sixth annual Conference for African American Financial ProfessionalsThe American College is pleased to host the sixth annual Conference for African American Financial Professionals in partnership with MetLife, the founding and presenting sponsor, and Northwestern Mutual, the platinum sponsor.