May 22, 2012

Federal vs. Non-Federal Work-Study

Did you know that you do not need to demonstrate financial need to qualify for a work study at school?  Both federal and non-federal work-study programs exist. Federal work-study programs are based on demonstrated financial need.  An individual must meet certain eligibility requirements and complete a FAFSA.  On your FAFSA you will [...]

Medical Bankruptcy

Consumer Debt Rose $21 Billion Last Month Thanks to Credit Card Use

The total amount of consumer credit circulating in the United States rose by more than $21 billion last month, raising concerns that more people … [Read More...]

ResCap Files For Bankruptcy, Eyes Paying Back Taxpayer Bailout Money

Ally Financial Inc’s mortgage unit, named Residential Capital (ResCap for short), filed for bankruptcy on Monday, according to Reuters. Ally … [Read More...]