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Economy

via flickr/DonkeyHotey
via flickr/DonkeyHotey
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Student Loan Debt Tops $1 Trillion

Did you know that America's total student loan debt now surpasses the nation's total credit card debt?  It's true.  Sometime last year, credit card debt actually declined a little, as more and more people stopped using credit cards.  But student loan debt keeps going up, and up, with no sign of stopping. Worse, there's almost no chance that any of it will ever be paid off.

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Ohio Arts / Patrick Smith, Getty Images
Ohio Arts / Patrick Smith, Getty Images
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Political Gaffe By Mitt Romney’s Camp Helps Etch A Sketch Sales Skyrocket — Dollars and Sense [VIDEO]

During an interview earlier this week, an advisor to Mitt Romney inadvertently made a comment that is now likely to stick with the GOP hopeful for the duration of the campaign season, and it’s lead to a boom in sales for a very old and largely forgotten toy: the Etch A Sketch.

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via flickr/Comtesse DeSpair
via flickr/Comtesse DeSpair
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Record Numbers of Churches are Foreclosed

Banks are foreclosing on America's churches in record numbers -- as lenders lose patience with religious groups who defaulted on their mortgages.  The surge in church foreclosures shows many banks are no longer willing to show forbearance with struggling churches.

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via Joe Raedle, Getty Images
via Joe Raedle, Getty Images
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Rage Grows Over Fed Mortgage Bailout Deal

The more we learn about the massive $26 billion foreclosure settlement between the five biggest mortgage lenders and the states' attorneys general, growing numbers of borrowers are realizing that the deal will do little, if anything, to help them out.

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YouTube
YouTube
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‘Homeless Hotspots’ Ignite Heated Debate

The annual SXSW interactive conference in Austin is sometimes plagued with snail-slow internet speeds (when you can connect at all). But this year it’s been a little easier to find a wifi hotspot: just look for a homeless person. Yes, homeless people are now being used as wifi spots.

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castano, Flickr
castano, Flickr
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Could You Live on $2 a Day? Lots of Americans Do – Dollars and Sense

There are a lot of celebrities that won’t get out of bed for less than a quarter of a million dollars, but a lot more Americans are surviving on much, much less.

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via Kevork Djansezian, Getty Images
via Kevork Djansezian, Getty Images
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Obama Approval Rating Sinks as Gas Prices Rise

Disapproval of President Obama’s handling of the economy is heading higher — alongside gasoline prices — as a record number of Americans now give the president “strongly” negative reviews on the 2012 presidential campaign’s most important issue, according to a new Washington Post-ABC News poll.

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Kevork Djansezian, Getty Images
Kevork Djansezian, Getty Images
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15 Clever Ways to Save Money on Gas

Turmoil in the Middle East is nothing new. Gas prices going up is nothing new. What is new is the possibility that we could be looking at prices at the pump lurking in the neighborhood of $5 a gallon by the summer. And that’s painful.

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