(Forbes.com) One of the most frequently mentioned grievances on the We Are The 99 Percent site is excessive student debt. To supplement what I have already written on the topic I have invited guest posts. This is from a representative of American Student Assistance. I did my own field research by venturing out from the geriatric [...]
Archive for October, 2011
Clearing Up Some Confusion About the New Federal Student Loan Rules
October 27th, 2011
Elisheva Wiriaatmadja (NYTimes.com) On Wednesday, President Obama introduced two changes to the federal student loan program that could affect several million borrowers. The broad outlines of his plans to encourage loan consolidation and assist people who are struggling financially are reasonably clear. But if the questions sent to our Bucks blog from indebted people are any indication, [...]
Which Bank Is the Worst for America? 5 Behemoths That Hold Our Political System Hostage
October 20th, 2011
Elisheva Wiriaatmadja
(Alternet.net) The economic crash led to the loss of 9 million jobs and the biggest drop in American home-ownership since the Great Depression. Long-term unemployment, poverty and hunger have increased dramatically. People are angry. The Occupy Wall Street movement, a stand against Wall Street’s greed, excess and criminality, has captured the imagination and participation of [...]
Datagy: Turning Data into Strategy
October 18th, 2011
Elisheva Wiriaatmadja If you are looking for online access to Bank and thrift financial reports, Datagy.net might be the right choice for you. They provide you with performance analysis reports, regulatory information as well as credit union financials and much much more. As it can be very overwhelming to look into an ocean of financial information held [...]
Greece’s Poverty Trap
October 17th, 2011
Elisheva Wiriaatmadja Greece remains the epicentre of the EU debt crisis with international creditors still unsure about handing Athens another cash injection. While in meantime, a new survey suggests the debt burden is literally killing Greeks pushing them to drug dependence and even suicide. And the economic crunch is likely to take its toll on citizens of [...]
Getting Forgiveness On Student Loan Debt Available To Some But May Lead To Changes In Areas Of Study
October 12th, 2011
Elisheva Wiriaatmadja (RWBPress.com) Current students who have seen graduates exiting college with a substantial amount of student loan debt may be in a position where they are reconsidering career choices or even areas of study as getting a forgiveness option on student loan debt has become more attractive to current students, particularly those who have a high [...]
Gerald Celente: One Year from Now The Economy is Going To Get Even Worse
October 12th, 2011
Elisheva Wiriaatmadja Gerald Celente talks on The Neal Larson show, “If you look on the volatility of the stock market last summer and also what is happening around the world, which are all connected, you can see that this is a major reshaping of society. The financial markets are also weakening around the world.” Celente warns that [...]
Jim Rogers: We’re Gonna Have Disintegration of the Euro and EU
October 10th, 2011
Elisheva Wiriaatmadja Jim Rogers was interviewed on Reuters and he talked about updates on the debt problem in Euro. He thinks that the euro currency is going to disintegration and even the EU is going to disintegrate. The main problem of the current global financial crisis is that America spends too much money and their debt is [...]
Sallie Mae Helps 2 Million Student Loan Customers Avoid Default and Begin Improving Credit Rating
October 6th, 2011
Elisheva Wiriaatmadja (MarketWatch.com) — Sallie Mae, the nation’s No. 1 financial services company specializing in education, helped 2.3 million customers resolve their past-due accounts and avoid the consequences of student loan default on $38.3 billion in federal and private student loans last academic year. Sallie Mae received top ranking for its default prevention work in the U.S. [...]
Here’s A Demand: Forgive Student Loan Debt
October 4th, 2011
Elisheva Wiriaatmadja (Guardian.co.uk) As US student loan debt nears $1tn, it’s time for the banks that stole these young people’s future to do the right thing.




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