Summary: With easy money coming back into the market, borrowers who should not be borrowing getting loans and the economy at a tipping point is the history of the financial crisis about to repeat itself? Will the return to ‘easier’ lending practices in markets spanning mortgages, student loans and used cars pose a problem? Problem for the […]
Summary: Like in the ‘good old days’ of the housing market when for some borrowers to qualify for a loan they needed to show a pulse…Has the same thing occurred in the student loan market? After examining used car leasing, mortgage markets and the potentially poor lending practices that could lead to a meltdown… The student […]
For those students who took on debt to attend law school, some of the dollar amounts that they accumulated is astounding! The question ultimately then becomes whether many will be able to pay that debt back and therefore, whether the investment was a good one? Some will of course get great paying jobs and have little problem, while for […]
The cartoon below provides a tongue-in-cheek alternative payback method for unemployed or under-employed recent college graduates! Currently the recent college graduate unemployment rate in the nation is running in the range of 8.5% compared to the overall national average under 6% (new employment data will be released tomorrow). This statistic, when coupled with an average […]
Living in New York City is not can’t be for everyone! Over the past few months we have written articles concerning the affordability of housing in New York City and how, whether for rent or for purchase, things have gotten much tougher for all but the super-wealthy! Infographic: The truth about the NYC apartment rental market! […]
