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It’s a vicious cycle. Many families in this country cannot afford the skyrocketing cost of higher education without student loans. But many graduates cannot find a job and cannot pay off the loans.
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Mounting student loans a 'debt bomb' waiting to explode
It’s a vicious cycle. Many families in this country cannot afford the skyrocketing cost of higher education without student loans. But many graduates can't find a job to pay off the loans.
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Student loans are a ticking 'debt bomb'
China has instructed its banks to embark on a mammoth roll-over of loans to local governments, delaying the country’s reckoning with debts that have clouded its economic prospects.
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China Tells Banks to Roll Over Loans
China has instructed its banks to embark on a mammoth roll-over of loans to local governments, delaying the country’s reckoning with debts that have clouded its economic prospects.
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China Tells Banks to Roll Over Local Government Loans
A high level of non-performing loans is blamed for the growing reluctance of financial institutions to extend credit facilities to the private sector in the country.
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Toxic loans: cause of concern | Business Recorder
Venezuelan President Hugo Chavez threatened to take over the country’s banks if they don’t hand over 40 billion bolivars ($9.31 billion) for agriculture loans this year.
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Chavez Threatens to Nationalize Banks Over Agriculture Loans to Farmers
Spanish banks reported more bad loans and lower lending and deposits in October, hurt by the fallout of the country’s property crash and the European sovereign debt crisis.
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Spanish Bad Loans Surged in October as Lending, Deposits Decline
Spanish banks reported more bad loans and lower lending and deposits in October, hurt by the fallout of the country’s property crash and the European sovereign debt crisis.
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Spanish Bad Loans Jump to 17-Year High as Lending Falls: Economy
Spanish banks reported more bad loans and lower lending and deposits in October, hurt by the fallout of the country’s property crash and the European sovereign debt crisis.
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Spanish Bad Loans Surge to Highest in 17 Years as Lending Falls: Economy
