Life insurance is often purchased by high - net - worth families to essentially protect their estates and minimize
the debt burden for heirs, either through an individual policy, or through lower cost «second to die» coverage (meaning heirs receive the death benefit after both spouses on a policy die).
The consequences of taking on higher debt become ever more dire when one spouse passes away, leaving a higher
debt burden for the surviving spouse.
As I've written before, many law schools and even Congress have devised loan forgiveness programs to ease
the debt burden for graduates working in low paying public interest or government jobs.
However, compared to the damage done to your credit score by carrying a large
debt burden for a long time, and consistently missing payments and upping your interest rate, it's a decent trade in the long run.
Many of these individuals will have had low incomes relative to
their debt burden for much or all of this time.
The most recent data on how Americans pay for college show that parents are taking on more of
the debt burden for their kids.
The average student loan
debt burden for medical students is usually pretty staggering.
We've seen how much our members have saved by refinancing their student loans, and we want to ease
the debt burden for even more students.
This will not only ease
the debt burden for borrowers but also provide college graduates an incentive to stay in North Carolina.
At the University of Wisconsin's Business School in Madison, the average
debt burden for graduating MBAs was $ 15,481, $ 106,889 less than Wharton's average, while the first - year median comp package was $ 114,694, just $ 31,609 below the median pay for a Wharton grad.
Today student loans represent the single largest
debt burden for people under 40.
Treasurer Janet Cowell warned of potential conflicts of interest for the legislation's biggest backer, a builder who stood to profit in facility - starved Robeson County, and swelling
debt burdens for taxpayers in poor counties.
Not exact matches
James Dean, an economist at Simon Fraser University who has studied sovereign -
debt crises in Latin America, Asia and Europe over four decades, says one of the great paradoxes of sovereign
debt is that countries can manage heavy
burdens for a long time.
As I fell head over heels
for Martin, the thought of
burdening him with my
debt seemed wildly unfair.
«Given the competition
for top talent, employers must update their approach in order to engage and retain millennials, especially among women, who were found to carry a bigger
burden of student loan
debt,» said Natalie Smith, a vice president at PadillaCRT, the communications agency that conducted the survey
for ORC.
The Organization
for Economic Co-operation and Development (estimates the country's
debt - to - GDP ratio (a measure of public
debt burden) at around 190 % this year.
«The U.S. stands out in the global context [
for] an unusually high ability to carry a large government
debt burden,» the study states.
Lenders will account
for the tax
debt when calculating your overall
debt burden and cash flow.
A lien can negatively impact your cash flow and overall
debt burden — other factors that lenders look at when deciding whether to approve you
for a business loan.
Greece is in the situation they're in,
burdened with a huge
debt that they can not pay, because there's no legal framework
for writing down
debt owed to the IMF, ECB, and intergovernmental bodies, writes Michael Hudson in an article he penned in Counterpunch.
As an aside, I was pleased to see that Jonathan Anderson, whose work I used to read when he was a bank analyst, seems to think that growth has to be knocked back to 3 percent
for it to be sustainable and
for the
debt burden to stop growing.
Fortunately, some student loan borrowers have access to valuable forgiveness programs that offset the
burden of paying
for student
debt over the course of several years.
In other words, Canadians want better highways, better subways, better education and healthcare, but they are not prepared to pay
for them through deficits and higher
debt, even if this borrowing
for new infrastructure doesn't increase our future
debt burden.
In other words Canadians want better highway, better subways, better education and healthcare, but they are not prepared to pay
for them through deficits and higher
debt, even if this borrowing
for new infrastructure doesn't increase our future
debt burden.
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.
Heavy
debt burdens often make
for an early exit.
For example if local governments are forced to sell off assets and use the proceeds to write down or repay
debt, they can reduce the
debt burden without reducing total spending.
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.
And the projected increase in
debt over the next decade figures to be a huge
burden for the most highly developed economies.
More than 40 million Americans currently owe nearly $ 1.5 trillion total in student loan
debt, and
for many, the monthly payments on those loans create an insurmountable financial
burden.
This amount of
debt can be a massive
burden for Americans in retirement, when most individuals need to cut back on expenses to stretch savings.
German's excessive
debt burden after the Great War,
for example, was «forgiven», unwillingly, mainly by middle - and upper - middle - class households and civil servants, whose fixed income portfolios withered to nothing in the hyperinflation that began in mid 1921 and ended in early 1924.
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.
This doesn't make it impossible
for China to do so, but it is all the more worrying that no country has suffered from economic imbalances or from
debt burdens as deep as those of China today.
Mr. Harper and Mr. Flaherty, on the other hand, thought that the real issue
for the global economy was still the need
for G - 20 countries to eliminate deficits and commit to significant reductions in
debt burdens.
The fact that there is a additional liquidity
for bond purchases does not mean, as I see it, that Spanish competitiveness has been resolved and it does not mean that the economy can grow out of its
debt burden.
If these constraints are not in place, however, analysts can no longer ignore this difference because the economy can then engage in nonproductive activity that
for many years can force up the
debt burden and add to GDP.
There is little risk to overshooting on inflation in the near - term, and even if there were, anything that helps facilitate a reduction in the real
burden of
debt for Canadian households is not something I'd bemoan.
Scott Sumner told us in September 2009 that «the real problem was nominal,» that is, the recession and its high unemployment were primarily due to an unsatisfied excess demand
for money (combined with real effects on
debt burdens of nominal income being below its previous path).
While such a rate of expansion will clearly not be sustainable in the longer run, there is little sign at this stage that the appetite
for borrowing has been restrained by the recent increases in interest rates, even though the higher
debt burden of households might be expected to make them more responsive to interest rate changes.
New Dole looks to be massively undervalued, will still hold very good high value assets, especially saleable land, has some future potential catalysts that could help unlock value, it should be able to compete better with Fresh Del Monte and Chiquita, and new Dole will now be freed up to make acquisitions and improvements to its business and operations after the transaction with Itochu closes as it will not be
burdened by the massive amount of
debt that it has carried
for years.
Barely two weeks after the gala, the New York Times reported that the firm — struggling under a $ 90 billion
debt burden — had started asking its own employees
for money in the form of thousand - dollar loans to be paid back with high interest.
They then must assume on graduation a severe
debt burden, which will hang around their necks
for a long, long time.
The second assumption is that increasing
debt will only leave future generations with higher
debt burdens without greater productive capital to pay
for it.
Canadians have a
debt problem — the key measure of a consumer's
debt burden now stands at a record level — which is why Finance Minister Jim Flaherty and Mr. Poloz's predecessor Mark Carney urged households
for months to put a lid on it.
Burdened by
debt after a failed expansion, the owner of the Orange County Register filed
for bankruptcy and its chief executive promised to mount a bid to acquire the troubled newspaper company.
Our experts are available
for in - person visits to explain how everyone can overcome the
burden of student
debt and commit to a long - term public interest career.
Besides saving students thousands off of their cumulative student
debt burden, this payment strategy sets the stage
for future personal finance skills — such as budgeting, and making small sacrifices in the present that will bring big rewards in the future.
There is no
debt more stifling than student loan
debt, which, at average of more than $ 30,000 per borrower, is a significant
burden for more than 40 million Americans.
Algeria (8.76 percent) and Venezuela (roughly 50 percent)-- the two countries pushing
for an OPEC production freeze most vocally — shouldered larger
debt burdens before revenues plummeted.