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The American dream goes to hell: How scam colleges are shuttering their doors—and leaving students with the bill

At its height, Corinthian Colleges ran 127 different campuses. Now it's abandoning its students to crippling debt

China launches easing plan to help debt restructuring

Banks will be able to swap local-government bonds for loans, to boost liquidity and lending.

High-Stakes Talks: The James Dean Movie That Explains the Greek Debt Negotiations

1 hour agoNews : NYTimes: News

Think of the Greeks and their creditors as playing a game of chicken. The loser is the one that flinches first, but winning can be perilous, too.

Ohio State Law Grad Has $328,000 Of Student Loan Debt

ABA Journal, Law Grad From Ill-fated Class of 2010 Had $328K in Student Debt and Worked Three Jobs: The numbers were bad for law grad Hyatt Shirkey. He graduated from Ohio State’s law school in 2010—a particularly tough year for Ohio law grads, according to a study by a law...

APN Property launches $30m raising

APN Property group will use capital to invest in REITs and pay down debts.


HIGHER EDUCATION BUBBLE UPDATE, LEGAL EDUCATION EDITION: Burdened With Debt, Law School Graduates Struggle in Job Market. “Mr. Wang, who works in Manhattan as a tutor for the law school admissions exam, is living a life far different from the one he envisioned. And he is not alone. About 20 percent of law graduates from […]

Meet IBR, The Student Loan Bubble's Dirty Secret

A little over a week ago we asked: “Is The Student Debt Bubble About To Witness Its 2007 Moment?” We were prompted by Moody’s decision to place 14 student loan-backed ABS tranches on review for downgrade as the ratings agency cited the very real possibility that the tranches wouldn’t fully pay down by their maturity date. Show More Summary

AAPL Beats Expectations As China Becomes Dominant iPhone Market; Cash Jumps But So Does Debt

Moments ago AAPL reported Q2 earnings for the quarter ended March 31, 2015 which saw AAPL beat soundly on the top and bottom line as as result of a jump in iPhone sales, even as iPad and Mac sales came in below the expectation. EPS was...Show More Summary

Join Liz Shuler Tomorrow to Discuss the Student Debt Crisis

On Tuesday, April 28, AFL-CIO Secretary-Treasurer Elizabeth Shuler, the executive director of Student Debt Crisis, Natalia Abrams, and special guests will be answering your questions about student debt and talking about solutions to the growing student debt crisis. The discussion begins at 3 p.m. EDT, and you can watch it on YouTube.

Mercenary Links: Frighteningly High Level

Mercenary Links April 27th: Investor exuberance now at a “frighteningly high level”… NYSE margin debt hits all-time high… 40 percent chance Greece exits the eurozone… Fitch downgrades Japan, the spectacular collapse of Corinthian Colleges, and more. Show More Summary

Greece: Debt, Defiance and Thucydides

Peter Harris Greece, Europe "Greece is a comparatively small and weak country trying to make deals with relatively rich and powerful neighbors." Greece’s domestic turmoil is well documented, but Greek foreign policy over the past three...Show More Summary

The debt that comes with that college degree

Magid, a porter who often works past 10 p.m. in my apartment building, removes a folded piece of paper from his shirt pocket. He has worn his eldest daughter's college acceptances like boutonnieres. The May 1 deadline is looming. A decision must be made that could affect her entire life.

Murray warns on banks, govt debt rating

David Murray insists big four are undercapitalised as govt’s triple-A rating at risk: report.

This Is the Way out of the Greek Debt Crisis

ATHENS -- Three months of negotiations between the Greek government and our European and international partners have brought about much convergence on the steps needed to overcome years of economic crisis and to bring about sustained recovery in Greece. Show More Summary

10 Things People Without Debt Do

We live in a world where car payments, credit card bills, and other forms of consumer debt are just assumed to be facts of life — as inevitable as death, taxes, or Kanye West interrupting a music awards show. Anyone lucky or disciplined enough to buck the trend gets little exposure in media....

Reuters poll: 40 percent chance Greece exits the euro zone - traders

BENGALURU (Reuters) - There is a 40 percent chance Greece will leave the euro zone, according to a Reuters poll of money market traders in which just over half said the country could stay in the bloc even if it defaults on its debt payments. Show More Summary

Germany Hints At "Plan B" on Greece

``Schaueble indicated that if he were to answer in the affirmative that ministers were working on a Plan B -- what to do when Greece runs out of money and cannot pay back its debt -- he could trigger panic.''

Getting The Best Private College Deal Without Going Into Debt

Private colleges can be generous with financial aid. But to get the best package, you have to ask the right questions. Here's an actual offer and what you need to do.

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