A new report from the NY Fed adds to fears that soaring student loan debt is a ticking bomb, as it estimates as many as one out of four borrowers carry a past-due student loan balance. The report puts the latest outstanding student loan balance at $870B, more than total credit card debt ($693B) and what people owe in car loans ($730B). [View news story]
Gray,
A lot has to to due with the scam that has been sold.
That the only way to success is via college.
That is what the middle class, sheeple parents have been sold.
When I went to school, only 60% of people went on to college.
In my daughter's recent HS graduation, it was 97%
Years ago, if your parents could not pay it, you might not have gone.
Or done it slower, at night, over time.
Plus, there is zero respect in this country for somebody to pusue a craft or trade to work with their hands in this day and age.
How many parents want their Kid to be a construction worker?
None.
I am a building trades contractor. The environment is pathetic.
A new report from the NY Fed adds to fears that soaring student loan debt is a ticking bomb, as it estimates as many as one out of four borrowers carry a past-due student loan balance. The report puts the latest outstanding student loan balance at $870B, more than total credit card debt ($693B) and what people owe in car loans ($730B). [View news story]
Gray,
College tuition has been outpacing inflation for years, similar to Healthcare costs.
A new report from the NY Fed adds to fears that soaring student loan debt is a ticking bomb, as it estimates as many as one out of four borrowers carry a past-due student loan balance. The report puts the latest outstanding student loan balance at $870B, more than total credit card debt ($693B) and what people owe in car loans ($730B). [View news story]
Tyhat guy "Richie" seems to be taking alot of abuse as of late.
Income discrepancies seem to be growing again, as 93% of all income gains during 2010 went to the top 1% of earners, a new study says. Income share for the top 1% reached a post-1929 peak of 23.5% in 2007, tumbled to 18.1% by 2009, but in 2010 bounced up to 19.7%. It's likely "this uneven recovery has continued in 2011 as the stock market has continued to recover." [View news story]
I did not know The militant pastor worked for Obama.
Income discrepancies seem to be growing again, as 93% of all income gains during 2010 went to the top 1% of earners, a new study says. Income share for the top 1% reached a post-1929 peak of 23.5% in 2007, tumbled to 18.1% by 2009, but in 2010 bounced up to 19.7%. It's likely "this uneven recovery has continued in 2011 as the stock market has continued to recover." [View news story]
Income discrepancies seem to be growing again, as 93% of all income gains during 2010 went to the top 1% of earners, a new study says. Income share for the top 1% reached a post-1929 peak of 23.5% in 2007, tumbled to 18.1% by 2009, but in 2010 bounced up to 19.7%. It's likely "this uneven recovery has continued in 2011 as the stock market has continued to recover." [View news story]
TVP,
Yes, I was perplexed as to the headine of "Income" vs possible " Net Worth" may more closely represent the data due to equity gains.
Income discrepancies seem to be growing again, as 93% of all income gains during 2010 went to the top 1% of earners, a new study says. Income share for the top 1% reached a post-1929 peak of 23.5% in 2007, tumbled to 18.1% by 2009, but in 2010 bounced up to 19.7%. It's likely "this uneven recovery has continued in 2011 as the stock market has continued to recover." [View news story]
If you're a baby boomer approaching retirement, demographic trends will weigh down your portfolio returns, fund manager and researcher Robert Arnott warns. The ratio of retirees to active workers in the U.S. will balloon; as retirees sell stocks and then bonds to support themselves, there will be fewer younger investors to buy those securities, keeping a lid on prices. [View news story]
A new report from the NY Fed adds to fears that soaring student loan debt is a ticking bomb, as it estimates as many as one out of four borrowers carry a past-due student loan balance. The report puts the latest outstanding student loan balance at $870B, more than total credit card debt ($693B) and what people owe in car loans ($730B). [View news story]
Income discrepancies seem to be growing again, as 93% of all income gains during 2010 went to the top 1% of earners, a new study says. Income share for the top 1% reached a post-1929 peak of 23.5% in 2007, tumbled to 18.1% by 2009, but in 2010 bounced up to 19.7%. It's likely "this uneven recovery has continued in 2011 as the stock market has continued to recover." [View news story]
If you're a baby boomer approaching retirement, demographic trends will weigh down your portfolio returns, fund manager and researcher Robert Arnott warns. The ratio of retirees to active workers in the U.S. will balloon; as retirees sell stocks and then bonds to support themselves, there will be fewer younger investors to buy those securities, keeping a lid on prices. [View news story]
Headline kinda sounds similar to the unwinding of a typical Ponzi scheme.
Atwood Oceanics (ATW -1.9%) slips despite being upgraded to Outperform at Wells Fargo earlier today. Wells cites a recovery in deepwater dayrates and a rebounding market in the Gulf of Mexico. [View news story]
Last I checked, ATW only had 1 rig in US territorial waters anyway.
A new report from the NY Fed adds to fears that soaring student loan debt is a ticking bomb, as it estimates as many as one out of four borrowers carry a past-due student loan balance. The report puts the latest outstanding student loan balance at $870B, more than total credit card debt ($693B) and what people owe in car loans ($730B). [View news story]
A new report from the NY Fed adds to fears that soaring student loan debt is a ticking bomb, as it estimates as many as one out of four borrowers carry a past-due student loan balance. The report puts the latest outstanding student loan balance at $870B, more than total credit card debt ($693B) and what people owe in car loans ($730B). [View news story]
A lot has to to due with the scam that has been sold.
That the only way to success is via college.
That is what the middle class, sheeple parents have been sold.
When I went to school, only 60% of people went on to college.
In my daughter's recent HS graduation, it was 97%
Years ago, if your parents could not pay it, you might not have gone.
Or done it slower, at night, over time.
Plus, there is zero respect in this country for somebody to pusue a craft or trade to work with their hands in this day and age.
How many parents want their Kid to be a construction worker?
None.
I am a building trades contractor. The environment is pathetic.
A new report from the NY Fed adds to fears that soaring student loan debt is a ticking bomb, as it estimates as many as one out of four borrowers carry a past-due student loan balance. The report puts the latest outstanding student loan balance at $870B, more than total credit card debt ($693B) and what people owe in car loans ($730B). [View news story]
College tuition has been outpacing inflation for years, similar to Healthcare costs.
In another example of the power of Apple (AAPL -0.8%), the company reportedly has booked such massive amounts of air freight space over the next few weeks in gearing up for the iPad 3 launch that it has single-handedly raised shipping rates out of China by as much as 20%. [View news story]
Apple pays 14% less taxes than XOM, while exporting Jobs to China for Slave wages.
All while it's profit margin is 5X that of the greedy oil Companies.
That's the Obama Way.
A new report from the NY Fed adds to fears that soaring student loan debt is a ticking bomb, as it estimates as many as one out of four borrowers carry a past-due student loan balance. The report puts the latest outstanding student loan balance at $870B, more than total credit card debt ($693B) and what people owe in car loans ($730B). [View news story]
Income discrepancies seem to be growing again, as 93% of all income gains during 2010 went to the top 1% of earners, a new study says. Income share for the top 1% reached a post-1929 peak of 23.5% in 2007, tumbled to 18.1% by 2009, but in 2010 bounced up to 19.7%. It's likely "this uneven recovery has continued in 2011 as the stock market has continued to recover." [View news story]
Will he fire the Pope next?
Income discrepancies seem to be growing again, as 93% of all income gains during 2010 went to the top 1% of earners, a new study says. Income share for the top 1% reached a post-1929 peak of 23.5% in 2007, tumbled to 18.1% by 2009, but in 2010 bounced up to 19.7%. It's likely "this uneven recovery has continued in 2011 as the stock market has continued to recover." [View news story]
Very Patriotic.
Income discrepancies seem to be growing again, as 93% of all income gains during 2010 went to the top 1% of earners, a new study says. Income share for the top 1% reached a post-1929 peak of 23.5% in 2007, tumbled to 18.1% by 2009, but in 2010 bounced up to 19.7%. It's likely "this uneven recovery has continued in 2011 as the stock market has continued to recover." [View news story]
Yes, I was perplexed as to the headine of "Income" vs possible " Net Worth" may more closely represent the data due to equity gains.
Why A123 Systems Is A Buy And Offers 700% Upside Potential Over The Next 3 Years [View article]
Income discrepancies seem to be growing again, as 93% of all income gains during 2010 went to the top 1% of earners, a new study says. Income share for the top 1% reached a post-1929 peak of 23.5% in 2007, tumbled to 18.1% by 2009, but in 2010 bounced up to 19.7%. It's likely "this uneven recovery has continued in 2011 as the stock market has continued to recover." [View news story]
The real problem is nobody wants to work.
Obama told them they don't need to.
http://bit.ly/wFfqxc
http://bit.ly/wxg26A
If you're a baby boomer approaching retirement, demographic trends will weigh down your portfolio returns, fund manager and researcher Robert Arnott warns. The ratio of retirees to active workers in the U.S. will balloon; as retirees sell stocks and then bonds to support themselves, there will be fewer younger investors to buy those securities, keeping a lid on prices. [View news story]
A new report from the NY Fed adds to fears that soaring student loan debt is a ticking bomb, as it estimates as many as one out of four borrowers carry a past-due student loan balance. The report puts the latest outstanding student loan balance at $870B, more than total credit card debt ($693B) and what people owe in car loans ($730B). [View news story]
Income discrepancies seem to be growing again, as 93% of all income gains during 2010 went to the top 1% of earners, a new study says. Income share for the top 1% reached a post-1929 peak of 23.5% in 2007, tumbled to 18.1% by 2009, but in 2010 bounced up to 19.7%. It's likely "this uneven recovery has continued in 2011 as the stock market has continued to recover." [View news story]
If you're a baby boomer approaching retirement, demographic trends will weigh down your portfolio returns, fund manager and researcher Robert Arnott warns. The ratio of retirees to active workers in the U.S. will balloon; as retirees sell stocks and then bonds to support themselves, there will be fewer younger investors to buy those securities, keeping a lid on prices. [View news story]
Atwood Oceanics (ATW -1.9%) slips despite being upgraded to Outperform at Wells Fargo earlier today. Wells cites a recovery in deepwater dayrates and a rebounding market in the Gulf of Mexico. [View news story]
A new report from the NY Fed adds to fears that soaring student loan debt is a ticking bomb, as it estimates as many as one out of four borrowers carry a past-due student loan balance. The report puts the latest outstanding student loan balance at $870B, more than total credit card debt ($693B) and what people owe in car loans ($730B). [View news story]
Watch this
http://bit.ly/wxg26A