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Forbes

Mortgage Debt Nears A Pre-Crash High, But That's No Cause For Concern
Forbes
Rising home prices have forced consumers to routinely take on higher home mortgage debt, which is set to surpass the amount of borrowing that occurred 10 years ago—right before the housing market crash. According to the Federal Reserve, outstanding ...

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Forbes

Eliminating All Student Debt Isn't Progressive - And Neither Is This Alternative
Forbes
Eliminating all student debt has become a fashionable idea on the left, prompting New York Times opinion columnist David Leonhardt to remind progressives that wiping away $1.5 trillion in student loans would be, in his words, “a giant welfare program ...

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HuffPost

Anonymous Couple Candidly Share Why They're Drowning In Debt
HuffPost
An account of one couple's debt problems, published on a financial planning website, will read like a horror story to many. To others, it will be infuriating. And to some, it hits hauntingly close to home.

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Household debt is at an all-time high as holiday spending season arrives
Marketplace.org
The total debt carried by Americans has reached yet another record high — $13.5 trillion in the last quarter, according to the Federal Reserve Bank of New York. Household debt is now $837 billion higher than its previous peak in 2008. What's behind ...



Yahoo Finance

Nearly 25% of Gen X believes it's 'nearly impossible' to pay off debt: survey
Yahoo Finance
Excluding mortgages, the report found that Gen X is carrying roughly $30,000 of debt on average. That's compared to baby boomers who have around $27,000 and millennials who carry nearly $23,000 of debt. Gen Z, typically considered young adults aged ...

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CNBC

If you're still dealing with holiday debt, there's no need to be Scrooge
CNBC
"If you're going into the holidays with debt, your first priority should be to focus on paying it down," said Bruce McClary, vice president of communications at the National Foundation for Credit Counseling. "Everything else should be secondary. The ...



New York Magazine

Critics of a Student Debt Jubilee Are Right (and Wrong)
New York Magazine
This is, ostensibly, what the debate over a student debt jubilee has felt like to David Leonhardt. In a piece titled, “Eliminating All Student Debt Isn't Progressive,” the New York Times columnist chides left-wing politicians like Alexandria Ocasio ...



CNBC

There's a $9 trillion corporate debt bomb 'bubbling' in the US economy
CNBC
At first glance, it looks like a $9 trillion time bomb ready to detonate, a corporate debt load that has continued to escalate thanks to easy borrowing terms and a seemingly endless thirst from investors. On Wall Street, though, hopes are fairly high ...



CNBC

China's small businesses are having a hard time getting bank loans
CNBC
It's widely agreed that China needs to get its massive debt problem — estimated at more than three times the size of the economy — under control. But that effort is also seen as overburdening an important sector, the country's small and medium-sized ...

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Inequality.org

Breaking the Chains of Debt: Lessons from Babylonia for Today's Student Crisis
Inequality.org
The most corrosive method of gaining personal wealth, from the ancient world to today, is interest-bearing debt that mounts up with compound interest. The inability to pay has led small farmers and the poor to lose their property, homes, and ultimately ...


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