Staying in debt has become a way of life. As long as our life is stuck with credit card, chances of falling in debt will always be there. If you are struggling with your credit card debt, you may think about debt consolidation to settle your debt issues. Now, the issue pops up what about [...]
Middle class shuffle – how the banking system has given the illusion of prosperity with debt serfdom to working and middle class Americans. $14 billion in consumer credit yanked from the system last month.
A cold bucket of water was thrown on many middle class Americans when the consumer credit figures for May were released. Analysts were expecting an increase of $1 billion but instead over $14 billion in consumer credit was yanked from the system. You would think that a growing and healthy economy would require more credit [...]
The Profits of Education – How University of Phoenix and other For Profit Schools Survive and Over Charge Students because of Government Backed Loans. Billion Dollar Growth Industry yet what is the Benefit to Society?
Over the last couple of years, I’ve seen the for profit education system plaster the airwaves with advertisements that seem to come on during the part of day when most are working or very late at night. Now clearly in this current recession you have to wonder how an institution is making money when it [...]