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Student Debt: The Next Financial Crisis? - Forbes


Forbes

Student Debt: The Next Financial Crisis?
Forbes
Student borrowing topped the $100 billion threshold for the first time in 2010, and total outstanding loans exceeded $1 trillion for the first time in 2011. In fact, student loan debt exceeds credit card debt in the US which stands at about $798 ...
Are Student Loans the Next Debt Bomb?U.S. News & World Report
Survey: 4 Out 5 US Bankruptcy Attorneys Report Major Jump in Student Loan ...MarketWatch (press release)
Student debt often leads to bankruptcy, lawyers findWashington Times
InvestmentNews -Sacramento Bee
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Auto and Student Loans Drive Borrowing Surge - Wall Street Journal


Bloomberg

Auto and Student Loans Drive Borrowing Surge
Wall Street Journal
Household borrowing through credit cards, car loans, student loans and other installment debt—which excludes mortgages—rose at a seasonally adjusted 9.3% annual rate in December, following a 9.9% rise in November, the Fed said Tuesday.
Consumer Borrowing Increased In DecemberNew York Times
Consumer borrowing rose $19.3 billion in DecemberFox News

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Nashville area's consumer debt level ticks higher - The Tennessean


Nashville area's consumer debt level ticks higher
The Tennessean
He also went deeper into debt, taking out $7000 in personal loans to help pay his mortgage and other bills. “I had to,” Butterworth said. “I don't think I would have made it without it.” Americans, including consumers in Middle Tennessee, ...

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Irish want debt concession if ECB aids Greece - Reuters


Irish want debt concession if ECB aids Greece
Reuters
* Fin Min says Greek concession would strengthen Ireland's hand * Ireland seeking ECB help in reducing sovereign debt burden DUBLIN Feb 8 (Reuters) - Ireland would see any European Central Bank contribution to the restructuring of Greek debt as a ...

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Debt settlement fund launched - Khaleej Times


ArabianBusiness.com

Debt settlement fund launched
Khaleej Times
ABU DHABI — The Ministry of Presidential Affairs on Tuesday officially launched an initiative to help settle bank debts of UAE nationals, which was announced by the President, His Highness Shaikh Khalifa bin Zayed Al Nahyan, on the 40th National Day.
Dh10bn citizens' debt fund signs up banksEmirates 24/7
UAE's $2.7bn debt fund signs deals with lendersArabianBusiness.com

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