Sentences with phrase «because of that debt burden»

Not exact matches

A study from NerdWallet predicts that students who graduated from college in 2015 will have to delay retirement until the age of 75, in part because of the increasing burden of student debt.

According to the Schwab Retirement Plan Services survey, more than one - third of millennials reported they can't save for retirement because they're still dealing with the burden of student loan debt.

For a few years during the heyday of the 1920s bubble, Germany was able to do just this, borrowing more than half of its reparation payments from the US markets, but much of this borrowing occurred because the great hyperinflation of the early 1920s had wiped out the country's debt burden.

Last week in London, for example, an analyst from a research company with whose views I am usually in strong sympathy and who herself is very bearish on China's growth prospects, airily dismissed Chinese debt concerns by pointing out that Chinese government debt, even after adding back estimates of losses in the banking system, is lower than that of the Japanese government, and because the government's debt burden has not been a problem in Japan it won't be a problem in China.

However, if you are a single doctor making $ 300,000 per year, did not have to address a meaningful debt burden, and only have $ 100,000 in investments at the age of forty, you have done something very wrong (most likely, you either lived at your means or traded stocks instead of thinking like an owner that made long - term investments) even if you have that same $ 100,000 in paper wealth because you had the skill set and personal opportunity costs to do so much more with your hand in life.

I constantly see people who are struggling under the burden of consumer debt because they have fallen prey to the «evil of consumerism.»

Because WE religiously think like this: IF someone DOES N'T accept Christ — uuups — God just added to their enormous debt another debt, a HUUUGE one, the debt of Jesus blood, which makes them even more guilty and more burdened with SIN!

Everything in society is now viewed through that very instrumentalized lens and unlike a lot of other people who hold the kind of job that I do, it's totally understandable that that would be the orientation, because higher education has done a spectacularly poor job of delivering on its promises: It has racked up over $ 1.4 trillion in student loan debt, putting an immense burden upon the next generation, not only financially, but dampening their ability to innovate and create.

This is in the interest of the user, because until they pay the debt their bitcoins will have less value because they can't be spend legally until the tax burden is paid.

I pointed out we had written the manifesto in a short space of time because it was a surprise election but that we would look at ways of reducing that debt burden, recognising quite a lot of it is never going to be collected anyway and try and reduce that.»

Our findings suggest that rising student loan debt may serve to make the black middle class more fragile, because the latest generation of black young adults are more burdened with debt while also getting fewer payoffs to college.

Because of the relatively low teacher salaries they can expect, these high debt burdens dissuade students from entering the teaching profession.

Borrowing from 401k for paying existing debt might come under your consideration if you have a huge financial burden because of credit card debt, medical bills or other debts.

It's not about what obstacles you hit in life, it's how you come out of tough situations, so I have no shame on admitting I was burdened with debt because now I have a 760 FICO score as of September 12th, 2017, and its only going to improve from this point on!

Millennials are supposedly delaying marriage and all sorts of stuff because they are poor and burdened by debt.

Many people try to avoid long - term financial commitments because they are afraid of getting into the debt burden, so they borrow money for short term and pay it back quickly.

Be sure to keep this commitment and avoid increasing the term of the loan, because this attracts additional penalties thereby increasing your debt burden.

However, if you are a single doctor making $ 300,000 per year, did not have to address a meaningful debt burden, and only have $ 100,000 in investments at the age of forty, you have done something very wrong (most likely, you either lived at your means or traded stocks instead of thinking like an owner that made long - term investments) even if you have that same $ 100,000 in paper wealth because you had the skill set and personal opportunity costs to do so much more with your hand in life.

So if you have a lot of credit cards, you could be turned down for additional loans because it appears to the creditors that you are burdened with debt.

If you have blemishes on your credit record because of your overwhelming debt burden, these programs are more than likely out of reach.

I predict an increase in suicides specifically related to millennia's inability to live up to a meaningful existence because we are plagued with insurmountable debt of student loans; we can not escape because the cloak of debts burden blinds us from the perseverance needed to see the light at the end of the tunnel.

Student loan debt is a particularly dangerous financial burden, because it's usually the first form of debt someone encounters.

The Mortgage Bankers Association mentions that FHA interest rates should remain relatively low in the short term because of concerns in Europe financial woes with debt burdens.

That's because many tech companies have relatively low debt on their balance sheets; the tech sector has the lowest interest expense burden of any sector in the S&P 500.

Comments: One commenter expressed concern that independent, nonprofit, and for - profit institutions that do not charge interest as part of a student's payment plan, either during the time the student is attending the institution or later after the student completes the program, would be discouraged from continuing this practice because the debt burden used to calculate the D / E rates would be overestimated.

If you don't get the expected income - or get laid off you have a larger burden because of the debt.

Yet because of the significant debt burden, veterinary students often choose to go into private practice over jobs in the public sector in order to maintain a higher salary and contribute more to their loan payments.

The trustees preferred to cover up their mistakes by putting the entire burden on one segment of the stakeholders, the students, who would end up with student loan debt, because students do not have upwards of $ 80K on hand (nor do all of their parents).

Because the same articling student who graduates with a boatload of debt, will be a practicing lawyer in a year, and then THEY will be saddled with that «minor» financial burden..

Most seniors over 65 years of age purchase burial insurance coverage because it's easy to qualify for, inexpensive because of the low coverage amounts and provides peace of mind that you won't burden your loved ones with any debts or burial costs.

Because life is full of uncertainty, life insurance helps us plan for the future to protect the future income of our families, to ensure that debts don't become huge burdens to our loved ones, to protect mortgage, or for expenses if someone dies in their prime.

The first numbers to consider are current debts and an estimation of final expenses because the first goal of life insurance is to cover your liabilities so that they aren't left as burdens to your family.

You never want to put the burden of loan and debts on your loved ones who are already suffering with emotional and financial dilemma, because of your demise.

The burden of Interest The reason why a home loan becomes such an extensive debt burden is because of the interest payable.

Some 70 percent of students graduate from college today with debt, and it's not just young households burdened by it; in many cases, middle - aged consumers are shouldering the debt, either because they've borrowed on behalf of their kids or they went back to school themselves and are paying off their own loans.