Sentences with phrase «debt each year over»

If you're able to pay off say $ 3600 of student loan debt each year over ten years that is $ 36,000, which is more than the average student loan debt, so this type of incentive really only applies if you have a rather large debt.

Not exact matches

The IIF said Argentina, Nigeria, Turkey and China recorded the largest buildup in debt ratios over the year, the latter fueled by ongoing growth in indebtedness of households and the nation's finance sector.

While Republican leaders argued it would, every major independent analysis of the bill, known as the Tax Cuts and Jobs Act, showed that it would grow the federal debt over the next 10 years even when accounting for that increased growth.

Government debt and deficits are going to explode over the next 30 years if current laws remain in place.

The unit in Ghana has declared losses over the last three years and has uncollectible trade debts due to tough economic conditions and a currency devaluation in the cocoa - rich country.

A lot of credit card debt, of course, has in the last few years been shifted over to lower - interest lines of credit, usually unsecured.

Their newest paper uses historical data from multiple countries to show that an increase in the ratio of household debt to gross domestic product over a three - to - four - year period predicts a decline in economic growth.

A little over five years ago, Joel Young found himself in a situation many American families are facing: He was deeply in debt with a less than stable job and young children to provide for.

A report from MNP Ltd., an insolvency trustee, released in October found 42 per cent of Canadians said they don't think they can cover basic expenses over the next year without going deeper into debt.

Over the past year, the number of CLOs, which are also significant investors in energy companies, holding defaulted debt has skyrocketed.

In its last assessment, S&P said that Portugal's outlook was stable, «balancing our expectation of further budgetary consolidation and likely receding banking sector risks over the next two years against the risks of a weakening external growth environment and vulnerabilities related to high private - and public - sector debt.»

Other large startups in need to big chunks of money, like Uber and DraftKings, have also gone the way of convertible debt over the past year.

Over the past decade, determining the cause - and - effect relationship between medical debt and bankruptcy has become a political football, particularly during the years the Obama administration was trying to pass the ACA through Congress.

Manley contends the explosion in sovereign debt caused by all the stimulus spending over the past two years is the biggest issue facing both the Canadian government and the world's other major economies.

If your friend came to you on New Year's Day and told you that over the next 12 months they were planning to lose half their body weight, earn a seven - figure income in a field in which they have no experience, and save enough to buy a private island even though they're currently $ 20,000 in credit card debt, you'd probably think they were being a tad unrealistic.

Coupled with the $ 864 billion in outstanding federal student loan debt the consumer watchdog estimated earlier this year, the $ 150 billion private debt load brings the total student loan toll well over the $ 1 trillion mark.

Although no state has defaulted on general obligation bonds in over 80 years, the 19 th century witnessed numerous instances in which states - and the Florida territory - defaulted on their debts or even repudiated them outright.

A year after he took over as head of ad sales, the magazine had gone from being $ 10,000 in debt to having $ 20,000 in the bank.

The Penn model found that the bill would increase the federal deficit by $ 1.327 trillion over the first 10 years after it becomes law (not including debt - service costs).

The accord not only greatly increases discretionary spending over the next two years, it lifts the baseline for future outlays by double - digits, putting deficits and debt on a far steeper trajectory.

Apple's long - term debt has grown to almost $ 100 billion over the past few years partly because it needs a source of funds to buy back stock and pay dividends.

Energy companies have made up a good portion of debt issued in the high yield market over the past few years.

He went from being in debt to building a net worth over $ 500,000 in four years.

Over the last few years, China's debt - to - GDP has ballooned to more than 300 percent from 160 percent a decade ago, causing many people, including Chinese officials, to warn of a financial - sector debt bubble that's waiting to burst.

Last year, Jefferson County, which includes Birmingham, filed for what was at the time the largest U.S. municipal bankruptcy claim after losing over $ 3 billion in sewer debt.

It said improvement in earnings will remain a challenge over the next two to three years and deleveraging, the process of reducing a company's debt, will be slow.

Then I did it all over again, and by my senior year I was $ 12,000 in credit card debt — took me another 18 months to pay that off,» he said.

The company also helps families to pay down college debt of up to $ 7,200 per person over six years.

As the debt has been passed from one entity to another over the years, critical paperwork has simply disappeared.

Noble is pursuing a $ 3.4 billion debt restructuring - crucial for the survival of the company - which has sold billions of dollars of assets, taken hefty writedowns and cut hundreds of jobs over the past three years to cut debt.

Capital outflows lead to a weaker currency, which concerns the hordes of Chinese companies that borrowed debt in foreign currencies over the past few years and now have to pay it back with a weaker yuan.

«I'm really concerned that we're going to have a real collapse in Venezuela in oil production over the course of the next year,» which would in turn affect the government's ability to pay its debt, Rodriguez — who was head of the Venezuelan Congressional Budget Office from 2000 to 2004 — said at the AS / COA event.

Embattled Noble has been negotiating a $ 3.4 billion debt - for - equity swap — crucial to its survival — after selling billions of dollars of assets, taking hefty writedowns and cutting hundreds of jobs over the past three years.

The Senate would permit firms buying back debt in 2009 or 2010 to spread the income charge over eight years, beginning in 2011.»

The final bill permits firms buying back debt in 2009 or 2010 to spread the income charge over five years, beginning in 2014.

Local governments were identified as a major risk to China's financial stability, partly due to their lending from the «shadow banking» sector and debt accumulated over the past years to upgrade infrastructure across the country.

As quid pro quo for lifting the U.S. government's debt ceiling last year, Republicans in Congress demanded $ 1.2 trillion worth of budget cuts over the next decade to drag Washington back into solvency.

Fatigued by years of austerity and swayed by promises of debt relief, Icelandic voters dumped the Social Democrats from power on Saturday, returning a center - right government that ruled over its financial collapse five years ago.

Las Vegas Sands over-expanded and over-levered in the last few years and now has over $ 10 billion in debt to deal with.

In their data set, there are 110 years of data available for countries that have a debt / GDP over 90 percent, but they only use 96 of those years.

The new finance chief of Spain also told CNBC that the southern European economy has been growing at a solid pace of about 3 percent in the last four years, but this doesn't mean that the problems raised during the euro zone sovereign debt crisis are over.

The deal, which is still making its way through Congress after an eleventh hour push from party bigs, has three main components: It immediately raises the debt ceiling, includes around $ 2.1 trillion in spending cuts over the next 10 years, and creates a special Congressional committee to come up with long term deficit - reduction suggestions by this Thanksgiving.

The institute also examined the amount of education debt held by those close to retirement, and found a sharp increase over 25 years.

Some of the provinces and companies have built up debt in recent years during the recovery, since there has been so very much artificial liquidity all over the world.

Over the past several months, debt traders have been growing increasingly wary of this type of monetary tightening by global central banks, which have been the biggest buyers of bonds for years.

When we first found ourselves searching dark buildings for our missing son, we had no idea that this misery would continue for years to come, including 12 relapses and over $ 200,000 of debt tied to failed residential and outpatient recovery programs.

The company has sold billions of dollars of assets, taken hefty writedowns and cut hundreds of jobs over the past three years to slash debt.

The House bill is projected to add $ 1.5 trillion over 10 years to the $ 20 trillion national debt.

In 2006 and 2007, which I think most of us would agree was not a down period in terms of speculation, corporations issued $ 700 billion in debt over that two - year period.

Greece and its lenders concluded over the weekend the third bailout review, paving the way for talks on debt to kick off in the new year.