Everyone knows american are swimming in credit card debt. But just this year a new debt has quietly surpassed our consumer spending addiction.
Student loan are now at $829 billion and the following protections have been removed from students loans. Statute of limitations on collections, truth in lending act, fair debt collection practices act, the right refinance, adherance to state usury laws.
The hardest collection methods are reserved for student loans. If you miss a few payments and can be subjected to wage garnishment without a court order and suspension of state professional licences.
Student Loans
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While 2009 began on depressing note, the economy showed signs of resurgence towards the end of the year. Crude oil prices shoot up in tight of increasing demands. Economic growth has shown a marked rise. Domestic mutal fund investments become increasingly volatile. Foreign institutional investors begin on a wary note turn positive. Industrial production moves up.Export growth was flat, but im...
While 2009 began on depressing note, the economy showed signs of resurgence towards the end of the year. Crude oil prices shoot up in tight of increasing demands. Economic growth has shown a marked rise. Domestic mutal fund investments become increasingly volatile. Foreign institutional investors begin on a wary note turn positive. Industrial production moves up.Export growth was flat, but im...
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Baltimore has a huge abandoned housing problem. Many of the city's residents blame the problems on "white flight", which means the abandonment of properties or market selling properties because of white property owner's racism. Many opinion pieces on this subject are found in the Baltimore Sun, one of Baltimore's premier news publications. Whether or not racism is to blame for Baltimore's probl...
Baltimore has a huge abandoned housing problem. Many of the city's residents blame the problems on "white flight", which means the abandonment of properties or market selling properties because of white property owner's racism. Many opinion pieces on this subject are found in the Baltimore Sun, one of Baltimore's premier news publications. Whether or not racism is to blame for Baltimore's probl...
The American Dream vs The American Nightmare
The america's dream of road to richest. At age 18 its annual income is $23,000 with credit card, at age 20 they earn $31,000 with student loan. At age 24 they earn $40,000 with car insurance with them and age 26 with $56,000 that pay taxes already. At age 28 with annual income of $62,000 getting married at 29 with $77,000 and at age 30 you'll surely be at the jail already.
The america's dream of road to richest. At age 18 its annual income is $23,000 with credit card, at age 20 they earn $31,000 with student loan. At age 24 they earn $40,000 with car insurance with them and age 26 with $56,000 that pay taxes already. At age 28 with annual income of $62,000 getting married at 29 with $77,000 and at age 30 you'll surely be at the jail already.
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The money was made from one cow. Cow weigh 1,100lbs before slaughtering. 500lbs are edible so 112lbs of this is used for hamburgers.This equates to roughly 450 quarter pounders.The cow was cost $600 but the average price for a McDonals quarter pounder is $3.45.So if we multiply $3.45 x 450 (in one cow) total is $1552.5.Last 2005 McDonals claimed that they sell 75 burgers per second of every minute...
The money was made from one cow. Cow weigh 1,100lbs before slaughtering. 500lbs are edible so 112lbs of this is used for hamburgers.This equates to roughly 450 quarter pounders.The cow was cost $600 but the average price for a McDonals quarter pounder is $3.45.So if we multiply $3.45 x 450 (in one cow) total is $1552.5.Last 2005 McDonals claimed that they sell 75 burgers per second of every minute...
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Pharmaceutical Drug Sales Chart
Pharmaceutical companies spend billions on the research and development of new drugs, but thats nothing compared with the profits they get in return for selling the,. It also helps that the US government grants drug companies long patents that prevent the availability of cheaper, generic versions. Pfizer, Bristol-Myers Squibb, and Schering-Plough produce and sell some of the best selling drugs in ...
Pharmaceutical companies spend billions on the research and development of new drugs, but thats nothing compared with the profits they get in return for selling the,. It also helps that the US government grants drug companies long patents that prevent the availability of cheaper, generic versions. Pfizer, Bristol-Myers Squibb, and Schering-Plough produce and sell some of the best selling drugs in ...
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