Tag: federal government

How Can the US Keep a Trillion Dollar Debt?

If you look at countries with the most debt compared to their GDP the USA is not top of the list, and we could say that’s a good thing for the country. That’s because when it seems that a country is unable to pay the money back it could lead to panic and hamper economic […]

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Washington, DC: Community Bank Advisory Council

Welcome. Welcome to the Consumer Financial Protection Bureau’s public meeting of the Community Bank Advisory Council, or the CBAC as we like to call it. My name is Zixta Martinez. I’m the associate director for External Affairs at the Consumer Financial Protection Bureau. Today’s public meeting is being held at the CFPB’s headquarters in Washington, […]

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What Happens If You Don’t Pay Off Your Student Loans?

71% of people who graduated from college in 2012 have student loan debt. Full disclosure, I have quite a lot. Like, so much. The average graduate borrowed around $29,000. The total number of student loans owed in the US today has surpassed 1 trillion dollars with numbers rising every year. It’s reasonable to expect that […]

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