Pennsylvania community college dealing with bad debt

Apr 02, 2012 Mike Garretson

Pennsylvania community college dealing with bad debt

Pennsylvania's Lehigh Carbon Community College is dealing with substantial budget issues due to large amounts of bad debt accrued from students who can't afford to pay for college, WFMZ-TV reports.Specifically, the school is losing


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Debtors in Pennsylvania city threatened with water shutoff

Apr 02, 2012 Mike Garretson

York, Pennsylvania, residents who don't pay their sewer and trash bills will soon be in danger of having their water shut off, the York Dispatch reports.The city is owed around $18 million from years of nonpayment, and business administrator


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Ohio city hopes to collect nearly $15,000

Apr 01, 2012 Mike Garretson

Ohio city hopes to collect nearly $15,000

Between $13,000 to $14,000 is expected to be collected by the city of Aberdeen, Ohio, from residents with unpaid court fines, the Ledger Independent reports.The Aberdeen Police Department (APD) has threatened to sign with an outside debt collection


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Report: Blue states tend to have better credit

Apr 01, 2012 Mike Garretson

Political ideologies, stances on social issues and foreign policy are no longer the only thing that separate red and blue states. A recent CreditKarma.com report found, using TransUnion data, citizens of states that tend to vote Republican


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Report: Student debt to hit 7.7 percent of U.S. debt by 2020

Apr 01, 2012 Mike Garretson

Report: Student debt to hit 7.7 percent of U.S. debt by 2020

Recent research by the Council on Foreign Relations predicted outstanding student debt to total $1.4 trillion by 2020, accounting for 7.7 percent of gross national debt. If student loan debt does continues to rise at the fast rate, debt collection


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