Debt

A congressional hearing addressing the U.S. student loan debt crisis Tuesday saw a Republican congressman bragging his kids graduated with "zero debt," while a conservative panel member said borrowers simply made poor choices.

The Director of Economic Policy Studies at one of Washington's major conservative think tanks mocked financially strapped college students, suggesting they simply get credit cards.

Police in New South Wales police reported "inquiries determined the report was false and there was no missing [twin brother]."

"Fox & Friends" warned U.S. taxpayers will be forced to pay back billions in student loan debt. "A lot of people are paying back 1 percent a year which would take 100 years to pay back," said co-host Steve Doocy.

Fiscal conservatives and Democrats alike ridiculed GOP congressional members and President Trump's tax cuts after federal spending hit a $3.7 trillion record and the budget deficit climbed to $867 billion so far this fiscal year.

While there's definitely no denying that some people with student debt are having serious problems, the notion that the entire system is completely broken is just plain wrong, many experts say.

Kushner "figured a higher profile with government ties might do the trick" in digging himself out of debt, the report states.

Parents will spend an average of $998 per child for summer care, but 19 percent of parents said they will pay over $2,000 per child.

"I'm hopeful they'll pay. I'm hopeful they'll do what's right. People that don't pay their bills — that's a character integrity issue," said El Paso Mayor Dee Margo

New York Democratic congresswoman Alexandria Ocasio-Cortez applauded a billionaire's offer to pay off an entire Morehouse College class' student loans, but she cautioned people shouldn't be forced to rely on the generosity of a wealthy stranger.

"Why take it out on kids if parents are struggling?" one person complained on Facebook.

"Give it a try & tell us how much of your student loan debt will be cancelled," the senator tweeted.

The Federal Election Commission (FEC) continues to demand Fox News host Jeanine Pirro submit a mandatory campaign finance report for her aborted 2006 Senate bid against Hillary Clinton.

The Trump administration, he said, is "spending a bunch of money on stuff we're not supposed to."

The survey found those in higher income households had a different opinion than those in lower-income households.

"We're starting to get to the point where wage gains are accelerating faster than college tuition," said a study from the National Association of Colleges and Employers.

New York Representative Alexandria Ocasio-Cortez also said her generation never really got to experience American prosperity as adults because of the financial crisis.

The bipartisan bill pushes back against states that suspend the professional licenses of workers who can't pay back their student loans.

In comparison to previous generations this group is significantly more fiscally conservative.

Employers would become responsible for removing funds from their employees' paychecks and then sending that student loan money on to the government, similar to a tax.

A major for-profit university has reached a settlement with 48 states and the District of Columbia that will force it to wipe out nearly $500 million in debt incurred by thousands of its students across the country.

Since Ryan became speaker in 2015, the national deficit has continued to grow.

"Today everyone starts thinking of how to get rid of the dependence on the dollar," Russia's Foreign Minister Sergey Lavrov said.

"I've had a miserable year or two, banned and de-platformed and censored and blacklisted … and now I need your help," Yiannopoulos told fans.

The former overseer of the $1.5 trillion U.S. student loan market for the Trump administration said the federal government helped lenders go after delinquent borrowers.

When arrested on suspicion of murder, Douglas Plumpton replied: "Oh dear, I thought at most it would be manslaughter."

Interest on debt is rapidly becoming a larger share of the U.S. GDP, setting up a bipartisan battle over competing spending on health care, education and defense.

Ben Hodges spoke of "an increasingly tense relationship and increasing competition in all the different domains."

Increased spending in 2018 bumped the deficit up 17 percent to $779 billion in fiscal year 2018.

The company failed to repay $134 million in loans by Monday's deadline.