ICN 09/12/10 Inflation, National Debt, H1N1 Pandemic, Austerity Measures…; How much student loan debt do you have?

ICN Informed Citizen News broadcast Sunday September 12, 2010. The news you should have heard, but didn’t. This week’s stories… #1 Food Prices Already Starting to Skyrocket www.moneynews.com www.dailymail.co.uk #2 Long Island Man Fires Into The Ground To Protect His Home www.youtube.com newyork.cbslocal.com #3 UN World Health Organization finally declares the Swine-Flu Pandemic is over news.yahoo.com #4 Federal workers earning double their private counterparts… www.usatoday.com #5 Family of woman killed in botched “No Knock” drug raid to receive .9 million www.cnn.com #6 President Reagan’s insider says the Republican Party has destroyed the US economy www.marketwatch.com #7 Now The Government Is Subsidizing + Million Condos In New York City finance.yahoo.com #8 Student-Loan Debt Surpasses Credit Cards blogs.wsj.com #9 True national debt theburningplatform.com #10 Auditors Say Colorado Pension Plan Recovering After Cutting Benefits abcnews.go.com #11 Valedictorian gives commencement speech condemning her public education www.youtube.com

Question by : How much student loan debt do you have?
Please don’t answer this if you don’t have debt; I don’t need that right now.

I owe 44k in student loans and want to know I’m not alone.

How much do you owe?

Best answer:

Answer by Kelsonia
Oh I’m going to owe more than that by the time I graduate. I know its enough to probably prevent me from ever becoming a homeowner unless I win the lottery. Half the students I know are in huge debt, the other people have rich parents. Sigh.

What do you think? Answer below!

Bookmark/share via AddInto

Ron Paul Question allegedly banned by Fox News; Will financial advisers help a new grad with no assets to plan a way out of student loan debt? Who is best?

Click ‘Show more’ or ‘…(more info)’ below — “Ron Paul debate question BANNED from Fox News ” is original title. DESCRIPTION: “Ron Paul is the only candidate that has a 100% voting record against excess federal spending, against war, and protecting civil liberties. Repost this video to your account and help the United States become respected once again.” — Paul’s the ONLY conservative candidate of either party. Romney 4 example claimed that by Executive order he’d eliminate ObamaCare, showing how stupid he was: Separation of Powers, hello? Only CONGRESS can write law Home Boy! Gingrich is fiscally smart, but he’s been married, divorced & walked out HOW many times…? No thanks. Like Pres Obama, Dr. Paul has been faithful to his wife. Santorum MIGHT be alright, but his official campaign page does NOT address making or guaranteeing of student loans by the Federal Government: On Oct 23, 2011, the AP reported that “Paul Calls for End to Federal Student Loan Program,” which means that Ron Paul is the ONLY really good candidate on Higher Education & Economy, 2 big issues: Paul’s desire to phase out student loans is good since the presence of easy loans causes dishonest colleges to raise tuition to match increased borrowing ability thus causing skyrocketing tuition AND costing tax dollars in the process since tax dollars back student loans! — This is used by permission of and AT REQUEST OF: www.youtube.com (not to mention that Fair Use covers shots clips of this type
Video Rating: 4 / 5

Question by SB: Will financial advisers help a new grad with no assets to plan a way out of student loan debt? Who is best?
I am graduating from law school, and, contrary to what everyone says, most lawyers don’t make a lot of money. I have about $ 150,000 in student loans, and they are all over the place. Some are subsidized government loans with low, fixed interest rates. Some are private loans with high variable rates. I need to figure out which loans should be consolidated, how to get low monthly payments, and when I should start saving.

My question is: which financial advisers are the best for helping to get out of debt? Is there anyone who specializes in student loans?

Answers relevant to Cleveland, Ohio would be nice, but not necessary if it’s a big, national firm.

Best answer:

Answer by MR MONEY
Most financial advisors specialize in growing your assets and planning how much you need to invest to reach certain goals. It sounds like you need advice on debt management and budgeting.

Check out some articles on CNN Money’s website, personal finance. There are articles under “Money 101″ that give you good advice on money management. Because you have debt instead of assets, a financial advisor would charge you roughly $ 2,500 per year to give you advice that you can figure out yourself.

Also, feel free to ask questions on this site. There are plenty of advisors like myself that will answer quick questions for you for free.

What do you think? Answer below!

Bookmark/share via AddInto