Black Homeownership Dying Where Obama Revitalized (Sep 2013)

downturn

Source: Bloomberg – Black Homeownership Dying Where Obama Revitalized

Notable excerpts:

Helene Pearson’s belief in homeownership was shattered in Roseland, the mostly black Chicago neighborhood where President Barack Obama got his start as a community organizer.

Pearson, who bought her two-bedroom, red-brick bungalow on South Calumet Avenue in Roseland for $160,000 in 2006 with a high-interest loan, put it on the market a year ago for $55,000 and didn’t attract a single offer. Her bank has agreed to take it back.

Continue reading

Stories Of Student Loan Debt

student_loan_debt2

Source: Yahoo! News – Stories of student loan debt: A huge financial mistake or worth the risk?

As American students now cumulatively owe about $1 trillion in student loan debt, Yahoo News is publishing first-person accounts from those who are still paying and those who have lessons to share with would-be college students.

Read them here => http://news.yahoo.com/student-loan-debt-stories/