Low-Income Students Can’t Afford to Work Their Way Through College Anymore

Low-income students can’t work their way through college anymore. That’s the conclusion drawn by the Education Trust in a recently released report authored by Andrew Nichols, Marshall Anthony, Jr., and Oliver Schak. “Students from low-income backgrounds should be able to attend college without shouldering a debt burden or having to work so many hours that … Read more

Poverty Is Quicksand

It’s hard to believe that anyone thinks the poor, in this country, have an easy, work-free life. There’s an assumption among a certain segment of the population that government benefits are enough to enable someone to ease back and voluntarily give up looking for a job. The reality is that poverty, especially now, is more … Read more

I Want to Get Out of Debt Without Bankruptcy. – Kristy

Kristy “Dear Steve, I’m recently divorced and left drowning in debt. I have 2 mortgages, 3 credit cards, a car pmt, a personal loan owing $1500, and almost 3,000.00 in medical bills. I dont make enough money to cover all my expenses and finding a part time job has been impossible lately. What do you … Read more

Bad Credit Car Loan Marketing Company, Direct Marketing Associates, Settles Charges With FTC

A marketing company that solicits prospective customers for automobile dealers has agreed to settle Federal Trade Commission charges that it falsely told low-income and “credit-challenged” consumers that they were pre-approved for auto loans and improperly obtained their names from a consumer reporting agency. According to the FTC, the company prepared sales solicitations for automobile dealers … Read more

I’m a Low Income Single Mother With a Disabled Son and Collectors are Chasing Me. – Milla

Milla “Dear Steve, I had a car that was repossed around 2005. The car was sold but the creditors are coming after me saying I have to pay around 7,00 with interest of $43 monthly. They had the sheriff come to my home with some court papers. I also had to fill out some papers … Read more

We’ve Gone From Doing Well to Barely Getting By. – Michelle

Michelle “Dear Steve, For several years, my husband was doing very well for himself as a contractor and I have had a very stable government job. We began building a life for ourselves…bought a house, two “new” used cars, established some savings, and did not worry about money. As the economy slumped, so did my … Read more