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Unfortunately for many community college students in the U.S., student loans are completely unavailable to them. These students — a disproportionate number of them being minorities — cannot take advantage of low-interest federal student loans because their community colleges refuse to participate in the federal student loan program. (more…)

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In even more depressing news for the United States housing market, experts believe that it will become incresingly more difficult to get a traditional mortgage, even for those with a good credit record.

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In response to the market dip, many automakers are offering longer loan terms. More importantly, many car owners are biting, extending their loans to seven years or longer.

While these new loan terms may seem like a natural and logical response to today’s financial crush, they may be the downfall of many individuals and car companies. Unfortunately, auto analyst Kevin Tynan says that these practices are bubble-inducing, a dangerous factor in today’s economy, when the bubble is already bursting.
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