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CNBC

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

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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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TheStreet.com

Trump Economy Faces New Threat as Payments Rise on National Debt
TheStreet.com
A big reason for the gloomy outlook is that now that the immediate stimulus from the tax cuts is fading, the U.S. government will have to divert more revenue to pay interest on the rapidly ballooning national debt. Instead of that money flowing into ...



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 ...



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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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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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 ...



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

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 ...
Michael Bloomberg: Why I'm Giving $1.8 Billion for College Financial AidNew York Times

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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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