This Could Be the Most Important Tip You Read This YearRepublicans started marking up a bill to repeal Biden's new SAVE student-loan repayment plan. Rep. Bobby Scott said it will jeopardize borrowers. -- Dye & Durham Ltd.’s share price is the latest victim of the slowdown in Canada’s struggling property market, as the real estate software maker’s stock sustained its biggest one-day plunge ever on Thursday.
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Student loans: How graduates, families should be thinking about debtWith student loan payments set to resume starting October 1, the average U.S. borrower is expected to be making an average payment of $500 per month. Soon-to-be graduates are now carefully considering their career paths and job options in order to better prioritize paying off their student loan debt. Wells Fargo Head of Advice & Planning Michael Liersch and Linda Nicholas, NYU's School of Professional Studies Student Financial Services Director, sit down with Yahoo Finance Live to discuss borrowers' longer-term financial sustainability of paying off student loans and whether this type of debt is worth taking on. 'Sometimes there's this 'golden ticket' effect that people have,' Liersch explains. 'Where they think they're going to invest in themselves and then after they invest in themselves, they're going to somehow have this outsized earning potential. And I think we need to reframe that here in the United States of America.' 'Oftentimes, we see that schools with a higher tuition sticker price offer more in terms of scholarships and financial aid than a lower or moderately priced institution,' Nicholas says on the financial aid packages colleges can offer. 'So, I think it's easy to pit different schools against one another, but I think that... if [students are] interested in a program [and] if they see a program as a successful, well-known, reputable program, apply and then compare the financial aid offer.' Click here to watch more of Yahoo Finance's special coverage 'Student Loans: Smarter Strategies.'
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
S.Korea central bank says coordinated efforts needed to deal with household debtSEOUL (Reuters) - South Korea's central bank said on Thursday it needs to make coordinated efforts to contain household debt, which is at levels that ...
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Rising incomes, slower housing market help Canadians trim debt ratiosRising incomes and a slower housing market helped Canada’s households modestly repair their balance sheets in Q2. Find out more.
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Rising incomes, slower housing market help Canadians trim debt ratiosRising incomes and a slower housing market helped Canada’s households modestly repair their balance sheets in Q2. Find out more.
Source: financialpost - 🏆 7. / 85 Read more »
German Debt Hasn’t Been This Appealing Relative to Cash in YearsGerman debt hasn’t been this appealing relative to cash in years, the latest sign a collateral shortage that dogged the region’s money markets is easing.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Bondholders Hopeful Sri Lanka Debt Deal Draft Ready Next MonthSri Lanka may be able to draw the outlines of a deal with holders of its defaulted dollar bonds as soon as next month, according to people familiar with the matter.
Source: BNNBloomberg - 🏆 83. / 50 Read more »