By Richard Wilcox, PhD
(Reporting from Tokyo about his home country)
wilcoxrb99.wordpress.com
Thirty-Five Percent of Americans are in Debt to Collection Agencies N. Brinkerhoff – AllGov http://www.allgov.com/news/where-is-the-money-going/35-of-americans-are-in-debt-to-collection-agencies-140805?news=853886More than a third of all adults in the United States find themselves dealing with collections agencies as a result of falling seriously behind on their debts. It is estimated that 35 percent of Americans nationwide are in collections, according to Delinquent Debt in America, a new report from the Urban Institute. Debts in collection can include medical bills and traffic fines, as well as consumer credit accounts … Looking at the numbers of what people owe, it isn’t a shock to learn that so many Americans are so far behind on paying their credit cards, mortgages and other debts. |
Student Debt Linked To Worse Health And Less Wealth A. Dugan, S. Kafka – Gallup http://www.gallup.com/poll/174317/student-debt-linked-worse-health-less-wealth.aspxCollege graduates who carry a high amount of student debt appear to face long-term challenges that stretch beyond just their finances. A new analysis of Americans who graduated college between 1990 and 2014 shows that graduates who took on the highest amounts of student debt, $50,000 or more, are less likely than their fellow graduates who did not borrow for college to be thriving in four of five elements of well-being: purpose, financial, community, and physical. |
Dump the prevaricatin’ Mainstream Media (vast flowing stream of nitrogen rich detritus); Fox; NBC; CNBC; CBS; ABC; BBC; NPR; PBS; etc.
Listen to Dave of the X22 report on a daily basis and he puts it all into perspective.