The 20 Colleges With the Most (and Least) Student Debt

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Each year, U.S. News & World Report releases a list of the nation’s best colleges. In the 2012 edition, they also included a ranking based on the amount of debt the class of 2010 had upon graduation. These are the 10 schools that saddle their students with the most debt along with the 10 schools whose graduates carried the least amount.

It’s Time to Admit the Euro Has Failed

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The breakup of the common European currency is inevitable and will shake U.S. stock markets. Here’s how investors can prepare – and even profit.

Modern Retirement: Mortgage and Kids Still at Home

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Boomers are reshaping retirement by doing it with a mortgage and adult kids at home. This isn't the way it's supposed to work.

Should the Eurozone Become a ‘United States of Europe’?

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Europeans back from summer vacation this week may be wishing they’d stayed on the beach. Stock markets in Germany, Italy, and France all dropped about 5% Monday, after the so-called “troika” of European institutions (the International Monetary Fund, the European Union, and the European Central Bank) butted heads with the Greek government over its budget targets. Yields [...]

How the Newly Prudent Consumer Is Killing the Economy

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Today’s consumers are increasingly likely to pay off credit card bills in full, skip vacations, and hold off on buying big-ticket items. And because consumer spending accounts for 70% of economic activity in the U.S., that’s seriously hampering the economy’s recovery.

7 Obstacles to Financial Success

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Hundreds (thousands?) of new financial books are published each year. Only a handful become best-sellers. As you might expect, a lot of gems fall through the cracks, destined to soon be forgotten. The Quiet Millionaire by Brett Wilder is one of these gems. Wilder’s book isn’t flashy or gimmicky — it’s just filled with lots [...]

How Medical Debt Sickens Your Credit Score

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Twenty-nine percent of Americans had trouble paying or were unable to pay their medical bills last year, up from 23 percent in 2005. And that can seriously harm your credit score.

50 Percent Interest and Jail Time For Credit Card Debt?

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Despite the gains we’ve have made chipping away at our collective debt, many Americans still struggle to balance the weight of their credit card debt every month. People carrying a lot of debt have little opportunity to transfer balances to cards with lower APRs, and missed payments can tack on fees and penalty rates of [...]

Does the West Need a New Growth Model?

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As shown by yet another global stock selloff, investors have finally woken to the reality that we have not yet recovered from the 2008 financial crisis. Many smart economists had been warning that this time was different, that we wouldn’t enjoy that simple, V-shaped return to normalcy after the Great Recession. But the global investment community [...]

When is $11.4 Trillion in Debt an Improvement?

The Federal Reserve Bank of New York released a report on Monday that shows America is chipping away at its collective debt — but slowly. According to the Quarterly Report on Household Debt and Credit, overall consumer debt was down by $50 billion at the end of June. If that seems like a lot, it’s [...]

Top 10 Consumer Complaints

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What’s getting consumers up in arms lately? Check out the list that follows. Working with various state, local, and federal consumer agencies, the Consumer Federation of America has gathered and sifted through more than 252,000 complaints logged by consumers in 2010. The result is a freshly published list of the nation’s top 10 consumer gripes.