Detroit Creditors Seek to guard Pension Debt in Lawsuit
A bond insurer wants the opportunity to fight Detroit's effort to cancel $ 1.4 billion in pension debt, as the city is asking a judge to have a bus tour of its blighted areas before ruling on its $ 18 billion bankruptcy plan. The insurer, Financial …
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Young Adults, Student Debt and Economic Well-Being
Young Student Debtors Lag Behind in Wealth Accumulation Student debt burdens are weighing on the economic fortunes of younger Americans, as households headed by adults owing student debt lag far behind their peers with regards to wealth …
Read more on Pew Social and Demographic Trends
Unlikely Million
Calvin College's latest capital campaign appeared like a hardcore sell: it had $ 115 million with debt and for a long time didn't have an authentic plan to repay it. Nonetheless it worked, partly as the current President Michael Le Roy convinced donors he previously a plan …
Read more on Inside Higher Ed
