Business Daryn Slover | AP Bates College freshman William Hibbitts speaks out against student debt and for tuition grants during a Bates Affordable Education Campaign rally on the campus in Lewiston, Maine, Friday, May 11, 2018. By Lori Valigra, BDN Staff • February 8, 2019 7:45 am Student loan debt in Maine rose 94 percent from $3.1 billion in 2008 to $6 billion in 2018, according to a study by credit agency Experian. Nationally, the total debt is at an all-time high of $1.36 trillion, up 129 percent since 2008. South Carolina saw the largest rise of 315 percent to $23.1 billion over the 10 years. Student loan debt is the second highest credit debt behind mortgage loans. [Subscribe to our free morning newsletter and get the latest headlines in your inbox] The 43.2 million Americans with student loans on average carry $22,600 per person in student loan debt. That’s up 20 percent since 2015. The average monthly payment is $357. There’s some good news in all … [Read more...] about Student loan debt in Maine has almost doubled in past 10 years
All debt in one payment
Dear Penny, I’ve realized lately that I’m horrible with money. About two years ago, I opened a new checking account and credit card. I was making a ton of money at the time and let my shopping get out of control. Then my boyfriend and I broke up. My commission wasn’t coming in like it had the prior year. But I kept spending, not thinking of the consequences.I took a loan from my retirement savings to help with moving expenses, but the credit card debt kept racking up. I kept spending, because the limit kept going up and I had no money. It was horrible. I took out a loan from Upstart and thought my troubles were over. But because I still wasn’t making a ton of money and my credit limit kept rising, I kept spending. I had a large sum of money from my grandparents that helped reduce some of the debt, but not a ton. I’m now living at home and making a lot more than I was last year. I’m curious if I should take out a new personal loan to pay off the debt … [Read more...] about Dear Penny: My spending has put me in serious debt. Should I consolidate?
U.S. While awaiting to be sentenced after copping a guilty plea for bank fraud, Paul Manafort’s former son-in-law allegedly continued to enrich himself by duping investors into dumping large sums of cash into shoddy real estate deals in what federal authorities contend was a crude Ponzi scheme. Jeffrey Yohai, 36, was booked last week in Los Angeles and faces federal charges for taking investors for millions of dollars, according to a release by the U.S. attorney’s office in Los Angeles. Last year, Manafort’s daughter, Jessica, and Yohai formally called it quits and divorced. Paul Manafort, who served as then candidate Donald Trump's former campaign chairman, pleaded guilty in September to conspiring to defraud the United States and conspiring to obstruct justice. The powerbroker and D.C. insider was facing up to 80 years in prison after his conviction on eight counts of tax and bank fraud. And Special Counsel Robert Mueller's office accused … [Read more...] about Paul Manafort’s Former Son-in-Law Caught In Real-Estate Scheme
This news release contains forward-looking information that is subject to the risk factors and assumptions set out under “Caution Regarding Forward-looking Information”. It should be read in conjunction with the Company’s unaudited interim condensed consolidated financial statements and the notes thereto for the three and six month periods ended June 30, 2018. The consolidated financial statements of Centerra Gold Inc. are prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board. All figures are in United States dollars and all production figures are on a 100% basis, unless otherwise stated. All references in this document denoted with NG, indicate a non-GAAP term which is discussed under “Non-GAAP Measures”, included in the Company’s MD&A herein, and reconciled to the most directly comparable GAAP measure. TORONTO, Aug. 01, 2018 (GLOBE NEWSWIRE) -- … [Read more...] about Centerra Gold Records Second Quarter 2018 Net Earnings of $43.5 million; Closes Sale of Royalty Portfolio; and Öksüt Construction on Track for First Gold Pour in Early 2020
WASHINGTON – The only bipartisan bill coming out of Congress these days is the one we're leaving to future generations to pay back. And it's getting bigger all the time. Proof came quietly last week, when the Trump administration released its mid-session review of the federal budget. The bottom line was that the federal deficit will top $1 trillion in fiscal 2019 – nearly double what the tax-cutting Trump administration had previously promised. "This is a striking acknowledgement following almost two years of claims that economic growth unleashed by these policies will wipe deficits away," noted Maya MacGuineas, president of the Committee for a Responsible Federal Budget. The Trump administration still argues that last year's tax cuts (and maybe more to come) will unleash such economic growth that the deficit will start shrinking in the coming years, to a mere $363 billion in fiscal 2028. Practically no other budget geek in Washington projects that. The Congressional … [Read more...] about The Briefing: Deeper and deeper and deeper into debt