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Tax Bill: Cancelled Mortgage Debt Relief extended for one year in Senate Bill

Business & Finance / Economics : CalculatedRisk

Taxprof has posted the Senate version of the bill: H. R. 8 It appears that the Mortgage Debt Relief Act of 2007 will be extended for one year. Usually cancelled debt is considered income, but a provision of the Debt Relief Act allow...

Leftist Blogger’s Argument for Forgiving All Student Debt Will Make You See Red

US Politics / Conservative : RedState

Of all the arguments for big government giveaway programs, this one really takes the cake. Richard Eskow, blogging for the Huffington Post, explains how forgiving student loans would be "in the spirit of the G.I. Bill." In The Spiri...

58% of student loan borrowers would talk to Comcast customer service every day for 5 years to cancel their debts

Business & Finance : Business Insider: Money Game

People would do some crazy things to get out of debt. According to a survey from Student Loan Report, 26.8% of student loan borrowers would willingly contract the Zika Virus in order to get out of debt. 50% of borrowers said they wo...

Debt Activists Just Canceled $4 Million In Student Debt. For Their Next Trick, They Need Your Help.

US Politics / Liberal : ThinkProgress: Justice

Debt activists want to turn the relationship between borrowers and creditors on its head with a campaign modeled on the early labor movement. The post Debt Activists Just Canceled $4 Million In Student Debt. For Their Next Trick, Th...

In The Spirit Of The GI Bill, Cancel All Student Debt

Business & Finance : Huffington Post: Business Blog

Once upon a time this country thought big. We survived the Great Depression, fought the Second World War, rebuilt Europe on the Marshall Plan... and provided tuition-free education for college students. Ask anybody from that era abo...


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