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Is Student Loan Debt Really 'Good Debt'?

NerdWallet | Posted 11.29.2016 | Business

When you borrow money to pay for college, two words can help you make peace with your student loans: good debt. When financial experts use the phrase...

Donald Trump Might Be Right About Defaulting on Debt

Jorge Newbery | Posted 05.16.2016 | Politics
Jorge Newbery

In a crisis, where debt suddenly became completely unmanageable, cutting spending or services wouldn't and couldn't happen fast enough. Raising taxes is an even slower process. Look how hard it is to do either, even in times when we aren't in crisis.

Great, Donald Trump Has Threatened To Default On The National Debt

The Huffington Post | Zach Carter | Posted 05.06.2016 | Politics

Analyzing Donald Trump policy proposals is a fool's errand. I am a fool: Behold my errand. The presumptive GOP nominee has an idea for dealing with Am...

Americans Should Follow Puerto Rico into Default

Jorge Newbery | Posted 05.02.2016 | Politics
Jorge Newbery

Over the weekend, Governor Alejandro Garcia Padilla of Puerto Rico announced that the US territory would skip payment on almost $370 million in debt that was due today. Anyone who's struggling with unaffordable debts should follow Puerto Rico's lead, and stop paying.

Understanding Delinquency and Default

SALT | Posted 04.20.2016 | College

When used correctly, student loans can be your best friend. However, that can change if you don't make your payments. Delinquency and default happen w...

House Sets Timeline To Help Puerto Rico Handle Fiscal Crisis

The Huffington Post | Laura Barron-Lopez | Posted 12.18.2015 | Politics

WASHINGTON -- Democrats' efforts to include debt restructuring powers for Puerto Rico in the House's massive omnibus spending bill on Friday fell shor...

Payday Loan Industry Admits 'Very Few' Borrowers Repay Their Loans

The Huffington Post | Ben Walsh | Posted 11.02.2015 | Politics

Payday lenders make money by giving people loans they can’t pay back. That fact has been apparent for years. A 2009 study from the Center for Respo...

Congress Begins Frightening Debt Default Debate With Enormous Consequences

The Huffington Post | Michael McAuliff | Posted 10.21.2015 | Politics

WASHINGTON -- The battle over raising the nation’s debt ceiling that starts Wednesday in the House has the potential to do worldwide economic damage...

Treasury Department Narrows National Default Date To Nov. 5

The Huffington Post | Michael McAuliff | Posted 10.01.2015 | Politics

WASHINGTON -- The Treasury Department on Thursday narrowed the date of a potential national default to Nov. 5. Earlier estimates for when the nation w...

Secret IMF Document: Greece Needs Far More Debt Relief

Reuters | Posted 07.14.2015 | World

July 14 (Reuters) - Greece will need far bigger debt relief than euro zone partners have been prepared to envisage so far due to the devastation of it...

Greek PM Faces Tough Battle To Get Bailout Deal Approved At Home

Reuters | Posted 07.13.2015 | World

By George Georgiopoulos and Matthias Williams ATHENS, July 13 (Reuters) - Greek Prime Minister Alexis Tsipras flew back to Athens on Monday to try ...

Live Updates On The Greek Debt Deal

Posted 07.13.2015 | World

Greece and its international creditors announced on Monday they had reached a deal to restart negotiations on a third bailout for the country. Fol...

Live Updates On Greece's Debt Crisis

Posted 07.11.2015 | World

The Greek parliament backed the government's reform proposal to European leaders early Saturday, despite its harsh austerity provisions. Eurozone lead...

'Greeks Have Been Pushed To The Abyss'

The Huffington Post | Eline Gordts | Posted 07.10.2015 | World

Every week, The WorldPost asks an expert to shed light on a topic driving world headlines. This time, we discuss the Greek debt crisis with Paul De Gr...

Live Updates On Greece's Debt Crisis

Posted 07.09.2015 | World

European leaders agreed to meet again on Sunday to discuss a new bailout for Greece. Europe gave the Greek government until Thursday to submit a new p...

Economists: Greece More Likely Than Not To Leave Euro

Reuters | Posted 07.08.2015 | World

By Sumanta Dey July 8 (Reuters) - Greece may be about to become the first country to step through the exit door and leave the euro zone, according ...

Live Updates On Greece's Debt Crisis

Posted 07.08.2015 | World

European leaders agreed to meet again on Sunday to discuss a new bailout for Greece. Europe gave the Greek government until Thursday to submit a new p...

Live Updates On Greece's Debt Crisis

Posted 07.07.2015 | World

Greek Prime Minister Alexis Tsipras traveled to Brussels today for his first meeting with Europe's finance minister after Sunday's referendum. Foll...

Greece's New Finance Minister Brings Change Of Style, Not Of Substance

Reuters | Posted 07.06.2015 | World

By Lefteris Karagiannopoulos ATHENS, July 6 (Reuters) - Euclid Tsakalotos, the mild-tempered professor who was appointed as Greece's new finance mi...

German Line Hardens After Greeks Vote 'No' In Referendum

Reuters | Posted 07.06.2015 | World

By Paul Carrel BERLIN, July 6 (Reuters) - The German government signaled a tough line towards Greece on Monday, saying it saw no basis for new bail...

Live Updates On The Greek Crisis

Posted 07.06.2015 | World

Greeks resoundingly rejected the terms of a European deal in Sunday's highly anticipated referendum. More than 61 percent of participants in yesterday...

Leave the Ballot Blank -- The Greek Choice for Europe

Peter Alexander Meyers | Posted 07.05.2016 | Politics
Peter Alexander Meyers

Greece should refuse a false choice by turning in a blank ballot. Refuse in this way the elite-mongering decisionism from which this scandalous insult to voting arises. Let it all go down. Around that the leaders and negotiators will have to adjust. Maybe then some small and sober and unexpected light will appear.

Meet The Greeks On Both Sides Of Sunday's Referendum

HuffPost Greece | Alexis Gaglias & Sally Lynn Edmonds | Posted 07.04.2015 | World

Tens of thousands of protesters took to the streets of Athens Friday night, two days before Greeks are expected to vote in a crucial referendum on a b...

Report: European Countries Tried To Block Release Of Gloomy IMF Report On Greece

Posted 07.03.2015 | World

By Paul Taylor BRUSSELS, July 3 (Reuters) - Euro zone countries tried in vain to stop the IMF publishing a gloomy analysis of Greece's debt burden ...

Greek PM: Vote Against Europe's ‘Blackmail'

Reuters | Posted 07.03.2015 | World

By Michele Kambas and Lefteris Papadimas ATHENS, July 3 (Reuters) - Greeks took to the streets in their tens of thousands on Friday in rival rallie...