In Italy, thousands of immigrants are opening businesses, but they often can't get loans. Now, a new Italian bank has seized on the opportunity and has opened four new locations in six months.
Growing numbers of recent college students are defaulting on their student loans, which can threaten federal funding for their alma maters. A group of historically black colleges in Texas set up a successful program to counsel students and avoid default.
For the fourth segment in our series, Takeaway contributor Beth Kobliner looks at why more people are defaulting on student loans than ever before and how you can avoid being buried by the fine print.
Americans paid off $21.6 billion in credit card debt and other consumer loans in July. Louise Story, a finance reporter for the New York Times, says the economy will fundamentally change if Americans take on a new attitude about using credit.
For a look at a new income-based repayment plan that will help graduates with student debt, The Takeaway is joined by finance expert Beth Kobliner. Also joining us are Austin Light and Colleen Hansford, two people with substantial student loan debt.
An ambitious social experiment will launch later this year that will test Americans' ability and willingness not just to give, but to give to one another.
An ambitious social experiment will launch later this year that will test Americans' ability and willingness not just to give, but to give to one another. The Takeaway talks with Premal Shah, the president of Kiva, an online micro-lender.