Archive for: debt

One third of millenials regret going to college

One third of millenials regret going to college

University of Utah students are conferred their degrees during commencement in Salt Lake City Thursday, May 2, 2013. (Jeffrey D. Allred, Deseret News) Devon Merling One third of millennials regret going to college, according to a Wells Fargo...

 

Home no loan: Should you pay off your mortgage early?

Home no loan: Should you pay off your mortgage early?

Terry Moore stands outside her condo in American Fork, which she chose to pay off with insurance money after her husband died. Photo taken Monday, April 29, 2013. (Tom Smart, Deseret News) Michael De Groote Grace Dunklee Cohen wasn’t...

 

Loving kids to debt: Older Americans in trouble for ‘helping’ children

Loving kids to debt: Older Americans in trouble for ‘helping’ children

Connie and Kay Wells in their home in West Valley City, Utah with photographs of their children and grandchildren behind them. (Michael De Groote, Deseret News) Michael De Groote The first thing Carmen Wong Ulrich discovered when she wrote...

 

America’s debtors’ prisons: Poor people in Ohio being locked up for failure to pay debts, ACLU says

America’s debtors’ prisons: Poor people in Ohio being locked up for failure to pay debts, ACLU says

Courts in Ohio are illegally throwing poor people in jail for being unable to pay their debts, a new report by the Ohio chapter of the American Civil Liberties Union says. (Jeffrey D. Allred, Deseret News) Mercedes White Courts in Ohio are...

 

Some people are so poor, all they have is money [VIDEO]

Some people are so poor, all they have is money [VIDEO]

Alysa Kleinman, FamilyShare What matters most to you? What do you spend your time dreaming about? Fame? Success? Fortune? (reddit) Or is it something totally different? Is it family? God? Finding happiness? Despite how we prioritize our lives,...

 

Mint trillion-dollar coins to solve debt ceiling?

Mint trillion-dollar coins to solve debt ceiling?

These three $20 gold coins minted in 1875, 1877 and 1879 (and cashed in St. George at a Zions Bank in 2009) would be worth nothing next to trillion-dollar coins if such coins were ever minted. (Stuart Johnson, Deseret News) Michael De Groote Just...

 

The dark side of a million dollars: A story of debt

The dark side of a million dollars: A story of debt

Andy Mohlman SALT LAKE CITY — Forget Pink Floyd’s enigmatic exploration of “The Dark Side of the Moon” — those who have traveled into the recesses of the dark side of a million dollars will never forget their time as a...

 

Student loan debt rose $42 billion in third quarter to total $956 billion

Student loan debt rose $42 billion in third quarter to total $956 billion

The Wall Street Journal recently laid out how U.S. student loan debt rose $42 billion in the third quarter to make a total of $956 billion. (Shutterstock) Michael De Groote Education has been tied tightly to the American Dream. Go to college,...

 

Americans feel less financially secure with fiscal cliff looming on the horizon

Americans feel less financially secure with fiscal cliff looming on the horizon

More Americans are worried about their finances as the BankRate.com Financial Security Index fell to 97.1 percent in November, which is the third-lowest result of the year. (shutterstock.com) Joey Ferguson More Americans are worried about...

 

Adding to our debt is like freeclimbing El Capitan

Adding to our debt is like freeclimbing El Capitan

By: Timothy R. Clark Studies confirm that the average college freshman in America goes to bed around 1 a.m. Why the nocturnal pattern? They didn’t go to bed that late as high school seniors. Why the sudden disregard for a sensible bedtime? It...