Student loan debt is a very significant factor for many young adults leaving university. Now, bankruptcy attorneys are confirming what many students had anecdotally documented - that these student loan debts are a significant factor in declaring bankruptcy. Article source: Student loans becoming a major contributing factor to bankruptcy

The state of school loans

Backlash against fee gouging from banks resulted in an inter-net campaign for “Bank Transfer Day,” when participants pledged to close accounts at big financial institutions and open up accounts at credit unions and neighborhood banks. It obviously worked, as thousands of individuals apparently switched. Here is the proof: Early Bank Transfer Day numbers show success

People left already

President Obama has introduced a jobs bill to Congress. The bill would provide $447 billion in jobs funding and tax cuts. Ambitious small-business owners would get an extra boost with the new jobs bill. Business owners in every state would have tax credits and extra advantages. Resource for this article: Jobs bill would extend assistance for small business startups

Obama walked away from a tense debt limit discussion Wednesday saying he'd had enough. The rapidly-approaching deadline to increase the debt ceiling is August 2. If the nation default on its obligations and its credit rating is lowered, the effect could possibly be disastrous for the entire economic climate. Resource for this article - Obama walks out of debt ceiling debate saying he has reached his limit by Newsytype.com.