Nearly 40 percent of recent college graduates don’t think they’ll pay off their student loan debt within 10 years, according to a new study.
After nearly a decade, household debt in the U.S. has surpassed its peak levels of the 2008 Great Recession.
Like a planet drifting into a black hole, the state’s unprecedented political stalemate over the budget is increasingly sucking public education into financial uncertainty. State lawmakers discuss the fight over public education and Gov. Bruce Rauner's budget ultimatum.
What does Chicago’s borrowing $9.8 billion over 13 years buy? A Chicago Tribune investigation found it bought obsolete software, trash bins, flowers and dog waste bags—among other spending that’s driven up the city’s long-term debt. We talk with the journalists who uncovered the unmonitored spending spree.
President Obama signed an 11th-hour deal averting a devastating debt default. But it’s a short-term deal that may result in another funding battle on January 15 and debt limit deadline February 7. What is the real economic impact of the shutdown? And what effects will it have on markets? We have analysis.
The post-holiday spending bills are hitting the mail and inboxes this week. We look at how to tame your overall finances in 2012.
First Greece, now Italy. The Italian economic crisis has put the country on the brink of default on its massive debt, and the colorful Italian prime minister may be one of the casualties. Eddie Arruza and his panel look at how events in Europe are impacting things on this side of the Atlantic.
As President Obama hit the road today to slam the partisanship in Congress, the final three members of the debt reduction "super committee" were named. Eddie Arruza and his panel take a look at who the 12 committee members are, and whether they'll be able to reach a consensus on spending cuts.