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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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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 ...



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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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 ...



Jacobin magazine

Is Student Debt Forgiveness Progressive?
Jacobin magazine
David Leonhardt has a piece at the New York Times that argues that eliminating student debt is not progressive. The main point of the piece is that high-income families have higher student debt levels than low-income families and that across-the-board ...



CNBC

Student debt is on the rise. Some schools are doing away with the loans
CNBC
Americans leave college today with more debt than ever before. Some schools are trying to reverse the trend by instituting a no-loans policy. Most recently, Michael Bloomberg, the former mayor of New York City, announced he would give $1.8 billion to ...
Student loan debt still crippling burden for millions of AmericansDaily Times
Michael Bloomberg: Why I'm Giving $1.8 Billion for College Financial AidNew York Times

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Wall Street Journal

If GE Debt Gets Junked, Markets Have Reason to Shudder
Wall Street Journal
To get a sense of what that might do to the markets, take a look back to the turmoil caused by the 2005 downgrades of General Motors and Ford—but worry that this time it might be worse because so many companies have been on a debt binge. Back in 2005 ...

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Slate Magazine

Here Are Four Ways to Handle Debt Forgiveness That Even Mushy Centrists Might Like
Slate Magazine
Canceling all of America's student debt in one big jubilee is a popular idea on the left. It is also, as David Leonhardt points out in a New York Times column this week, a pretty regressive idea. That's because just under half of the country's ...

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