The Treasury Department says it has started taking “extraordinary measures” as the government has brushed up against its legal borrowing capacity.
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Read More »January 19, 2023 Comments Off on Treasury buys time for Biden and GOP on debt limit deal
The Treasury Department says it has started taking “extraordinary measures” as the government has brushed up against its legal borrowing capacity.
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Read More »August 19, 2021 Comments Off on Student debt for those with severe disabilities will be wiped
The Biden administration announced it will automatically erase student loan debt for more than 300,000 Americans with severe disabilities.
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Read More »May 27, 2021 Comments Off on Alden puts its stamp on Tribune, Baltimore Sun owner, with new debt and leadership
After Hedge fund Alden Global Capital closed its deal for Tribune Publishing on Monday, it wasted little time installing new leadership and saddling the newspaper chain with $278 million in debt that it took on for the acquisition, according to regulatory filings.
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Read More »April 22, 2019 Comments Off on Md. law gives debtors private right of action, high court says
Alleged victims of unlicensed or unruly debt collectors can pursue lawsuits against them and need not rely on state regulators to vindicate their rights, Maryland’s top court unanimously ruled Monday. The Maryland Consumer Debt Collection Act (MCDCA) and the Maryland ...
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Read More »September 26, 2018 Comments Off on Rich grad, poor grad
An ode to loan payments and financial planning, plus a soup recipe.
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Read More »August 20, 2015 Comments Off on Officials from Belarus learn American view of money in Baltimore
During a visit to the Maryland CASH Campaign office Thursday morning, a delegation from Belarus was asked: What comes to mind when you hear the word “money?” “Freedom,” said one. “Bills,” said another, in Russian. As part of a three-week ...
Read More »December 11, 2014 Comments Off on 42.9 million Americans have unpaid medical bills
Nearly 20 percent of U.S. consumers with credit records — 42.9 million people — have unpaid medical debts, according to a new report by the Consumer Financial Protection Bureau.
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Read More »November 25, 2014 Comments Off on More-confident U.S. households step up borrowing
Americans are slowly but steadily borrowing more money, bringing to an end a five-year effort to cut household debt that has slowed consumer spending and the economy.
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Read More »September 24, 2014 Comments Off on The three-year bachelor’s degree?
Universities should embrace the three-year bachelor's degree, argues a Johns Hopkins University professor.
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Read More »July 28, 2014 Comments Off on Baltimore sells debt with highest rating in 50 years
Baltimore is selling about $64 million of bonds this week as the municipality’s general-obligation debt carries the highest credit scores in half a century.
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