What the Bible Says About Borrowing
In a recent survey of several seminary students, it was determined that 70 percent of those surveyed felt that borrowing was scripturally prohibited. However, of those who felt that borrowing was prohibited, 90 percent admitted that they had to borrow in order to attend seminary. Is this a double standard, or is it a discomfiting […]
Such a Deal for You — The Fine Print of Obama’s College Loan Plan
By Chuck Bentley Millions of young Americans with student loan debt are about to make a deal without a clue as to how much it’s going to cost them down the road. President Obama’s latest end-run around Congress presumably to bail out those struggling to repay their student loans is a bad plan on many […]
Foreclosures and repossessions
Consumer debt is at an all-time high. What’s more, record numbers of consumers are filing for bankruptcy. Sometimes when money is borrowed, lenders will require that loans be secured. Subsequently, from time to time even with the best of intentions, the financial responsibility for payment on a secured loan cannot be met on time. When […]
College Funding
Rising education costs In 2006, the average cost of a 4-year private college education broke the $30,000 mark. This is the first time the average education costs have reached that point. For the past several years, costs of college education have increased faster than inflation. If this trend continues, and if parents intend to pay […]
