Six get-out-of-debt strategies that I teach and used myself.
Posts Tagged: debt
Today, at least two-thirds of graduates enter the workforce saddled with educational debt, which has had far-reaching economic and social consequences. One approach to mitigating student debt is loan forgiveness, for which there are a number of available federal programs, including the Public Service Loan Forgiveness program.
A little bit of technical debt can sometimes be strategic, but keep an eye on it to make sure it doesn’t get out of hand. And as always, plan ahead.
Home loans frequently make up significant amounts of household debt, and reducing as much debt as possible before entering retirement can seem like a good idea. A 2013 survey found that 40% of Americans age 55 and older believe that paying off their mortgage was the smartest financial move they ever made.[i] There’s also a… Read more »
Organizational leaders have access to an overwhelming amount of data, and it’s up to them to decide how much to use and when to use it.
On GovLoop Insights’ DorobekINSIDER: Innovation is one of those Rorschach terms, where innovation means different things to different people. Even amongst Chief Innovation Officers the role of innovation at an agency can vary greatly. So what really makes an innovative program? Pamela Wright is the first ever Chief Innovation Officer at NARA. We uncover her… Read more »
Government organizations that handle collections have similar business challenges regardless of agency focus and mission. Let’s face it, debtors can be elusive. They are often hard to find and even more difficult to collect upon when information and processes are lacking. To accelerate debt recovery, governments must focus on optimization – particularly, streamlining how resources… Read more »
Among the great experiences of the year just past for me was the opportunity to learn about the US Congress through the Harvard Extension School from Professor Matthew B. Platt in the class Gov 1310. … Yes that class. Nearly one year since the first session of Gov 1310 and headlines about the class continue… Read more »
Turns out, paying back student loans can result in more and better candidates for job openings within the federal workforce and better retention and satisfaction once they’re hired. As the No. 1 federal department in helping employees pay back their student loans, the Department of Defense cities the program designed for doing so as a… Read more »
As local government officials begin to sort through last month’s dramatic spending reduction deal (the Budget Control Act of 2011) and the impacts of New York-based Standard & Poor’s (S&P) Ratings Services’ subsequent lowering of the federal government’s long-term credit rating, it’d be easy to simply give in to the negative media coverage and accept… Read more »