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.
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Visual Guide to Inflation
Inflation can be complicated, it is when stuff costs more.When inflation is often villified, it is more complicated that that. That is generally the case, although there are other indices being measured as well.So, do you think inflation is bad? It can be bad, but it depends on the situation. inflation workds to out advantage, but too much inflation cant be good.
Inflation can be complicated, it is when stuff costs more.When inflation is often villified, it is more complicated that that. That is generally the case, although there are other indices being measured as well.So, do you think inflation is bad? It can be bad, but it depends on the situation. inflation workds to out advantage, but too much inflation cant be good.
Student Budget in a Pie Chart
According to study of student expenditures at yale University in 1915, one college freshman spent $4,500 in his first year. The least amount spent by a freshman that year was $200, or $4,201 adjusted for inflation. And according to national Retail Federation there are $10.5 billion gearing-up for campus this year.
According to study of student expenditures at yale University in 1915, one college freshman spent $4,500 in his first year. The least amount spent by a freshman that year was $200, or $4,201 adjusted for inflation. And according to national Retail Federation there are $10.5 billion gearing-up for campus this year.
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