A $45,000 Loan for a $27,000 Ride: More Borrowers Are Going Underwater on Car Loans

A $45,000 Loan for a $27,000 Ride: More Borrowers Are Going Underwater on Car Loans

John Schricker took out a loan to buy a car in 2017. Then he took out another. And then another. In two years, the 40-year-old electrician signed up for four auto loans,... Read more »
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A $45,000 Loan for a $27,000 Ride: More Borrowers Are Going Underwater on Car Loans

A $45,000 Loan for a $27,000 Ride: More Borrowers Are Going Underwater on Car Loans

John Schricker took out a loan to buy a car in 2017. Then he took out another. And then another. In two years, the 40-year-old electrician signed up for four auto loans,... Read more »
30% of America’s Student Loan Borrowers Can’t Keep Up After Six Years

30% of America’s Student Loan Borrowers Can’t Keep Up After Six Years

In order to compete in the economy of tomorrow, many young Americans will need to earn an advanced degree — around 65 percent of all jobs in the United States will require... Read more »
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