Personal debt articles
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Student debt is bad, student debt bailouts are worse
Student debt, a new Gallup report shows, is making it harder for young people to reach key life milestones. According to a Gallup survey of over 14,000 adults, over 70% of people say student debt has “delayed major life events” including moving out of their parents’ home, getting married, and having a child. Strikingly, there […]
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Debt Matters: Why It's Time To Position Into Countries With Low Outstanding Debt
Debt Matters: Why It's Time To Position Into Countries With Low Outstanding Debt Authored by Robert Burrows via BondVigilantes.com, In an era of economic uncertainty and volatility, the importance of managing national debt has never been more evident. Investors seek stability and long-term growth opportunities, so the spotlight turns towards countries with low outstanding debt. Understanding the Debt Conundrum National debt, often measured as a percentage of a country’s GDP,...
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While demand for personal loans cooled in 2023, the average personal loan balance grew 6.3%
Experian data shows that total US personal debt increased by almost 10% even as demand for personal loans steadied in 2023.