Sentences with phrase «largest debt burden»

ALBANY — New York has the second - largest debt burden in the nation and needs to rein in its penchant for borrowing money, state Controller Thomas DiNapoli warned Thursday.
Today student loans represent the single largest debt burden for people under 40.
With SoftBank «s founder Masayoshi Son reluctant to sell stakes in investments seen as having large upside potential such as Alibaba, listing the telecoms business could provide a place to park some of the conglomerate's large debt burden.
Even if Ontario meets its goal of balance it will still be left with a large debt burden, Fitch said.
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.
But the report then lists several «concerns,» including some proposals that would increase the state's already large debt burden, and reliance on temporary one shot revenues and federal aid that the report says might not materialize.
We therefore turned our attention to another potential disincentive to research careers, the large debt burdens caused by rapidly rising medical school tuition costs.
Many graduates have accumulated a large debt burden, and it's important for parents to keep tabs on whether or not their children are keeping up with loan payments.
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.

Not exact matches

Even as they near retirement age, a new report says parents are shouldering an increasingly large burden of their children's college expenses with warning signs that many are in debt over their heads.
«The U.S. stands out in the global context [for] an unusually high ability to carry a large government debt burden,» the study states.
Such large sums of debt can burden new graduates, but luckily, there are ways to alleviate these burdens.
Depending upon the nature of the loan, periodic payments will be either daily or weekly, allowing the small business owner to spread the burden of debt service throughout the month, rather than requiring one larger payment at the end of the month.
A larger government does not mean running deficits or a higher level of debt or debt burden.
Make a $ 450,000 home loan with 3 % down to a couple making $ 35,000 a year working at Starbucks; already burdened with $ 90,000 in student loans, $ 20,000 in credit card debt and FICO scores of 610, after they tell the loan officer they make $ 120,000 as senior managers of a large multi national corporation When they default on the home loan, file bankruptcy to discharge student and credit card debt and start living in section 8 housing, you now have a new brother and sister.
These deficits are not large (as a share of GDP) and the projected debt burden still continues to fall.
Although rising U.S. Treasury debt has not historically fueled higher interest rates (until recently), the timing of the U.S. debt burden may play a larger role.
The fear is that Japan, with the largest government debt burden (relative to its GDP) in the industrialized world, could end up facing a euro - zone - style debt meltdown.
This represents a dangerous circumstance for the country because they are an economy that carries the world's largest sovereign debt burden.
State politicians created large pension debts, and it's unfair to ask school districts, especially charter schools, to bear the budgetary burden of those costs.
Even for an applicant with an excellent credit history and a large income is earned, the burden of debt can be high.
But the important fact is that approval for larger personal loans with better terms becomes a greater possibility than before, and that can mean further alleviation of the debt burden.
These institutions, as well as certain regulated banks, had also assumed significant debt burdens while providing the loans described above and did not have a financial cushion sufficient to absorb large loan defaults or MBS losses.
Even a relatively small amount of debt can become a large burden, since students have to begin paying back the loans six months after they leave school, whether or not they have a degree.
While you may have a large financial burden on your plate in terms of student debt, what you choose to do after college and where you plan to do it could end up saving you a lot of time and money in payments.
If you file your 2014 tax return and are suddenly burdened with a large tax bill you aren't able to pay, contact one of our debt specialists by calling 310-4321, visiting our nearest location for a free consultation, or completing our free assessment form online.
And less wealthy households are shouldering a much larger share of the debt burden.
In recent years, debt has captured many headlines — whether it's the heavy burden of government debt or the indebtedness of the population at large.
The burden of large student loan debt and the intense stress of training are frequently too much for younger physicians to handle.
But ultimately it's the lesser evil — a larger domestic savings pool will be needed to fund deficits & debt, and to facilitate the eventual transition of the retirement burden from government back to the individual.
Mortgage refinance is becoming a popular financial remedy, especially for those who are burdened by large monthly installments or multiple debts.
Dealing with your debt can become a large burden for some.
Despite having a robust economy, San Antonio — where unemployment is just 3 percent — shouldered the heaviest burden of credit card debt of 25 large U.S. metropolitan areas, according to an analysis of Experian 2017 credit report data by CreditCards.com.
Student loan debt is among the largest financial burdens Americans face, with many estimates placing the total amount of debt at more than $ 1 trillion.
Cash is better used to pay down debts — This is a reasonable point, but because I am talking mostly about investing for the future, I am operating under the assumption that you don't have an unreasonable debt burden and large debts like mortgages will be paid off by the time you retire or otherwise need your money.
If you don't get the expected income - or get laid off you have a larger burden because of the debt.
The existing rates of debt experienced by graduating students suggest that a large majority of students graduating from Ontario law schools will be faced with significant carry - forward debt burdens.
Talk to a qualified agent about ways to cut expenses without sacrificing needed care or putting your family at risk of a large burden of debt.
The best mortgage life insurance companies provide peace of mind that if you unexpectedly pass away your loved ones will be able to pay off the mortgage balance, erasing the burden of most people's largest debt.
If you have a large estate and / or have a heavy debt burden, a life insurance policy can make sure your family will have the money available to pay off any estate taxes or debt left behind.
Should the unexpected occur, loved ones could essentially be left with heavy financial burdens such as a large mortgage balance, unpaid car loans, credit card debt, and future college expenses.
Hence, your life cover must be large enough to enable your family to pay off any outstanding debts, so that they are not burdened with a large liability with no resources to clear it off.
The office was concerned that the large concentration of market power, plus the large amount of debt in the deal, would place a burden on consumers in the form of higher prices and other service issues, she told the E-Commerce Times.
Their titles are provocative, like The End of College, and they consider rising tuition and debt which burden large numbers of students and their families.
By lessening the burden of large debt, mental health professionals are offered the opportunity to give back to neighborhoods in need and make an impact in underserved communities through the State Loan Repayment Program (SLRP).
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