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How a For-Profit College Targeted the Homeless and Kids With Low Self-Esteem

by Annie Waldman ProPublica Perhaps you remember Corinthian Colleges. It was the country’s second largest chain of for-profit colleges, before it collapsed into bankruptcy last year amid evidence of phony marketing and predatory loans. The shenanigans brought investigations from more than 20 state attorneys general and the federal Consumer Financial Protection Bureau. But the actual …

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I’ve Been Aggressively Paying Down Debt But My Unemployment Ends in Three Months. – Shelia

“Dear Steve, I had been aggressively paying down debt over the past couple of years (eliminated car loan and student loan long ago, and I have paid down credit card debt). I lost my job in July of 2009, and I have not yet been able to find another to replace it. I have enough …

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Foreclosed Homeowners Return to Poke Around Old Home After Six Months

Here is a very interesting video from a family that was previously evicted from their home and returned six months later to look at the old house again. What struck me in the video was their statements about how much stuff they left behind when they had to leave the home. My experience with visiting …

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The Homeless Project – Part 2 [Video]

This is the second video in a series we shot to help get a new perspective on money, credit, and debt problems. I selected a series of questions sent in through the GetOutOfDebt.org site and we went out and asked some homeless people if they would be willing to participate in this project and share …

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Substitute Teacher Lives in Shelter Instead of Paying Rent. – Tim

“Dear Steve, My Brother-in-Law is deeply in debt. He was laid off from work 6 years ago and hasn’t found a decent job since. He isn’t very smart when it comes to money and lived off his savings until it was all gone. He is now 60 years old, has several thousands of dollars on …

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