Economy

Credit crunch hurting student loans

April 23, 2008 - Over the last two decades, government grants for college have been increasingly replaced by loans. While a big boon to banks and lenders, the privatization of student aid has put those wanting to go to college in an increasingly precarious position.

March unemployment in the South

By R. Neal
April 22, 2008 - The Bureau of Labor Statistics has released unemployment figures for March 2008. Since March 2007, unemployment has increased by more than 11% around the South, from an overall average of 4.5% to 5.0%.

Tax Day by the Numbers

April 15, 2008 - For each dollar of U.S. federal income tax paid in 2007, amount spent on the military: 43 cents On health care: 20 cents On responses to poverty: 12 cents On education and jobs: 3 cents On diplomacy and foreign aid: 1 cent A major corporation's chance of being audited in 1990: 3 in 4

Brokers bad for your (subprime) financial health?

April 9, 2008 - In an example of the kind of pace-setting research that has made them the most useful resource on the subprime lending crisis, the Center for Responsible Lending released an important report today (pdf) on the role brokers play in loans to borrowers with lowe