Tag: Debt
U.S. can take on a lot more debt
For many years, respected macroeconomists scolded countries that failed to reduce their debt levels. The International Monetary Fund, whose job it is to lend...
Federal debt is surging at fastest pace since 2012
NEW YORK - United States government debt is on track this year to rise at the fastest pace since 2012, as a stronger economy fails...
Treasury sees 2018 borrowing needs surging to $1.34T
NEW YORK - The U.S. Treasury Department said government borrowing this year will more than double from 2017 to $1.34 trillion as the Trump administration...
Will 2018 be the year Rhode Island voters take a stand...
“Embarrassing,” is how R.I. Department of Education Commissioner Ken Wagner described the state of local public elementary, middle and high schools.
“When I visit a...
U.S. credit scores hit new high while household debt skyrockets
NEW YORK - Almost a decade after the average FICO score hit a low of 686 in the aftermath of the Great Recession, the number...
Time to help student debtors
For decades, the U.S. system of higher education has operated on a unique premise: To make college affordable for a broad swathe of Americans,...
Paying for badly needed school upgrades now will limit future borrowing....
Trinity Briceno, a senior at Cranston East High School, didn’t attend school between December and April.
She was hospitalized in November after students and teachers...