| How to make mountainous student debt less huge
There's student loan debt. And then there's student loan DEBT. The former is the $20,000 in loans of the typical college graduate. The latter is four or six times that amount, typically racked up by those attending grad school at an elite university or medical school. .
Iranian couples trapped by six-figure party dilemma
Sam Cohan recently completed his residency. As he looked for a job locally, his student loans weighed on him. The 30-something Iranian Jew had grown up middle class in the Valley and had to take out the loans to pay for his education at a prestigious medical school.
With no immediate prospect for income, he found himself caught between feelings of frustration and guilt as his fiance, her parents and his parents pressured him into a wedding he couldn't afford.
Cohan didn't want to break with Iranian tradition or disappoint either family, so he borrowed nearly $100,000 to cover the wedding expenses.
"I felt trapped with the whole situation and wanted to call everything off, but I decided to take the loan in the end because my wife agreed that we'd both work and pay it off little by little," said Cohan, who asked that The Journal not reveal his real name.
CNBC's Money Mentors Team Up For Debt Makeovers In 'The Millionaire ...
With the holidays behind many consumers and 2008 in full swing, most Americans are feeling pressure to get their debt under control. What kind of debts are people facing this year? Credit card debt, medical debt, mortgage debt, "Gen X" debt and student loan debt are just some of the bills keeping Americans from their dreams. CNBC's money mentors have now teamed up for "The Millionaire Inside: Debt Makeover," which will help guide consumers to stomping out their debt in 2008. The show premieres Jan. 29 at 9 p.m. and midnight ET. The Millionaire Inside: Debt Makeover gives four guests debt makeovers of a lifetime. Money Mentors Carmen Wong Ulrich, Ric Edelman, Dr. Doug Hirschhorn, and John Ulzheimer each provide part of the debt prescription plan needed to help guests stop the vicious debt cycle and to start investing for the future.
The Curse of Zog?
Black candidate rather than an American candidate, Obama is no longer in the running to be MY candidate. Meanwhile, alert emailer L argues-- Look at the exit polls out of Nevada (the only state so far that has a significant minority pop.) and the problem Obama has is with white women, not whites in general. White women were the largest segment of the voters (38%) and Hillary won them by 24 points, compared to just 6 points among white men. Clinton Obama white men 46% 40% white women 55% 31% non-white men 39% 55% non-white women 43% 51% I don't think that those women are voting for Hillary because he's black or they really like her. Just judging from the conversations I've had with women (who are mostly white) who are torn between Obama and Hillary, the "experience" question begins to take on gender and age aspects...
Watford strongest: Wolves boss
Former Wolves boss Dave Jones saw his Cardiff side slip to 15th although the 1-0 defeat at Southampton paid scant justice to the Welsh club's performance. McCarthy will assess the fitness of his most recent casualtie Stephen Elliott, Michael Gray, Gary Breen and Freddy Eastwood before sorting out a team for the Cardiff clash - but Welsh international Wayne Hennessey is sure to figure back in capital of the principality's football. McCarthy was full of praise for Hennessey after the victory over Charlton and said: "Those who score the goals always get the plaudits but managers and coaches also appreciate clean sheets. "Wayne made a fantastic save and Darren Ward, who has had his nose put out of joint being left out of the team, came back and played well." .
Poverty often worsened by payday loans
Community Action Partnership staff members Brenda Hammond, left, and Shirley Paulison recently met with state Sen. Shawn Keough, R-Sandpoint, to advocate for legislation that limits interest rates and restricts the number of payday loans in Idaho. The senator plans to introduce that legislation in cooperation with Rep. George Eskridge, R-Dover. .
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