Maryland Daily Record Maryland's trusted source for business and legal news
An ode to loan payments and financial planning, plus a soup recipe.
Tagged with: advice debt loan forgiveness students young lawyer
Read More »Rich grad, poor grad
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 »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.
Tagged with: Consumer Financial Protection Bureau consumers debt medicine
Read More »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.
Tagged with: Banking consumers debt finance united states
Read More »The three-year bachelor’s degree?
![By University of Salford Press Office [CC-BY-2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons](https://thedailyrecord.com/files/2014/09/Students-300x160.jpg)
Universities should embrace the three-year bachelor's degree, argues a Johns Hopkins University professor.
Tagged with: college costs debt degree financial aid higher education Johns Hopkins student loan tuition universities
Read More »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.
Tagged with: Baltimore bonds debt
Read More »How ‘mature’ are Millennials about debt?
Younger millenials have less debt than older peers.
Tagged with: Banks credit debt money
Read More »With deal in Washington, Wall Street’s numbers soar
NEW YORK — Wall Street finally got the deal it’s been waiting for. A last-minute agreement to keep the U.S. from defaulting on its debt and reopen the government sent the stock market soaring Wednesday, lifting the Standard & Poor’s ...
Tagged with: deal debt Government shutdown stock market wall street washington
Read More »Fidelity sells off U.S. debt coming due within month
NEW YORK — The nation’s largest manager of money market mutual funds said Wednesday that it no longer holds any U.S. government debt that comes due around the time the nation could hit its borrowing limit. Money market portfolio managers ...
Tagged with: debt Government limit shutdown united states
Read More »Americans cut back on credit cards for 3rd month
WASHINGTON — Americans cut back on using their credit cards in August for a third straight month, a sign that consumers remain cautious about spending. Consumers increased their borrowing $13.6 billion in August to a seasonally adjusted $3.04 trillion, the ...
Tagged with: Banks consumer credit credit cards debt decline Economy federal reserve united states
Read More »