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Entries from June 2010

Senator slams for-profit colleges

June 30th, 2010 · No Comments

WASHINGTON Sen. Dick Durbin said Wednesday that legislation to strengthen regulation of for-profit schools was ahead, complaining that some of the schools leave students with whopping levels of debt and “worthless diplomas.”

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Tags: Credit Cards · Student Loans

Moody’s puts Spain ‘on review’ for downgrade

June 30th, 2010 · No Comments

Moody’s Investor Service warned Spain on Wednesday it had placed the country’s sovereign debt rating “on review for possible downgrade” due to the weak growth prospects of its fragile economy.

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Tags: Credit Cards · Debt Consolidation

Durbin: Many tech schools poorly train students for jobs

June 30th, 2010 · No Comments

WASHINGTON–Sen. Dick Durbin of Illinois complained today that many for-profit technical schools rake in federal student-aid dollars while leaving young people poorly trained for jobs and awash in student loan debt. Durbin, in remarks at the National Press Club, cited such large for-profit chains such as the University of Phoenix, Kaplan University and the Illinois-based DeVry University – but …

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Tags: Credit Cards · Student Loans

Credit Card Debt Relief: A Personal Bailout Through Consolidation Explained

June 30th, 2010 · No Comments

PORTLAND, OR–(Marketwire – 06/30/10) – Credit card debt relief and how to get it is explored today. Americans who are strapped with credit card debt aren’t likely to get any relief from the government anytime soon. Yet through the use of debt relief programs, people have the opportunity to craft their own bailout. According to the Federal Reserve, U.S. households spend 18% of their disposable …

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Tags: Credit Cards · Debt Consolidation

How Young Investors Should Save for Retirement

June 30th, 2010 · No Comments

Here’s the way to get started with your investments.

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Tags: Credit Cards · Student Loans