Money owed by the Democratic Party of Arkansas (DPA) shot up from about $80,000 in July to $139,000 in August, a one-month increase in debts and obligations of roughly 75 percent, according to new filings available from the Federal Election Commission.
Economic experts are casting doubt on Sen. Elizabeth Warren's (D., Mass.) dire warning that a crash on the level of the 2008 financial crisis is on the horizon.
Sen. Elizabeth Warren (D., Mass.) on Monday warned that the country faces an imminent economic crisis if the government fails to quickly pass legislation to "regulate the financial sector and significantly reduce middle class household debt."
Sanders's plan, which he first announced Monday, would void or otherwise repay the combined $1.6 trillion in student debt currently held by some 45 million Americans. Sanders said taming "Wall Street's greed" through transaction taxes is necessary to abolish student debt.
Sen. Bernie Sanders (I., Vt.) on Monday became the second 2020 presidential contender to propose mass student debt forgiveness for America’s 45 million borrowers.
In the six years since Rep. Eric Swalwell (D., Calif.) began earning the big salary that comes with being a member of Congress he has failed to pay down his student loans, cashed out his pension, and accumulated credit card debt.
USA Today joined the Chicago Tribune and the Washington Post in bashing Sen. Elizabeth Warren's proposal to forgive some $1.5 trillion in student loan debt in an editorial on Thursday.
An Illinois Policy Institute analysis of U.S. Census Bureau data found that Illinois's working-age population declined by 41,000 from July 2016 to July 2017, even though the United States' prime working-age population grew by almost 450,000 over the same time period. The state also saw slower population growth in every working-age population category, which includes people between the ages of 25-54.
More than one-in-three borrowers who have defaulted on their student loans did so without ever attempting to make a payment, according to a new report.