Why Is The Borrower-Accountable Or False Debt?

Whenever the topic of the American Economy is mentioned the first thing that pops in our heads is,”debt”. The debt of the U.S. has been a controversial topic for years now, especially in our politics. The U.S. debt as if now is 18 trillion dollars, but we didn’t always have this debt.

Student loans have become a popular topic of discussion due to the tuition increase and individuals taking out tremendous amounts of debt. Participating in higher education systems may have hidden costs that students may not be aware of. Students seeking higher education opportunities may not understand how their college decision should correlate with their possible career of choice. Natalie Lohrenz, a chief development officer and director of counseling at Consumer Credit Counseling Service of Orange County, advises students to not “take out more in student loans than what you expect to make in your first year of work.” Students who do not consider this rule will suffer from debt in the future. Previous college graduates did not have to choose

My husband and I are on our way to becoming debt free and with that comes some challenges. We have set ourselves out to accomplish one hard task: do not spend money on anything, unless it is an emergency/necessity, so we can put as much money into paying off our debt faster. I have two kids who are out of school for the summer and are always wanting to do things, and I can’t blame them. With the task at hand I have been finding new ways to use things we already have in the house. Our textbook states “No matter how old something is, new uses can always be devised for it.” (Ruggiero 98) I have tried to do that with some of the kid’s games. For example, I don’t want my daughter, who was in kindergarten, to lose her math skills on break so I took

The United States deficit contributes to its debt and the debt contributes to the deficit. We know the longest running uninterrupted surplus for the Unites States was from 1920 to 1930 but spent most of it combating the war. This will show how the U.S. deficits, debt, and surplus affect the following areas; the taxpayers, future social security and Medicare users, unemployed individuals, University of Phoenix students, The United States financial reputation on an international level, a domestic automobile manufacturer (exporter), and a Italian clothing company (importer).

We as americans seem to have a very serious problem. By doing some research I have been able to conclude some intresting ideas on what to do to fix our debt problem. First of all we need to stop bwing in wars, the more that we lose the more that we are going to be hurt and deeper in the hole of debt we will go. Second we need to stop paying our RETIRED U.S. presidents so much money it's not helping the fact that they get so much. We need to also need to stop buying so much imported goods. If we can accomplish these simpe tasks we can fix a lot of our debt problems and be a better country.

I believe the debt facing America is one of America's largest problems to this day. America is over 18 trillion dollars in debt. Politicians always speak of reducing the debt, however it has not been done. The debt of America has not even been paused for an extremely long time. According to, taxpolicycenter.org only 55% of Americas spending is mandatory. This means that America may be able to reduce spending by 45%. The main priorities America spends it’s money on is social security, unemployment, food and agriculture, transportation, medical and health care, and veterans benefit. These things are very important, but it makes one wonder, where is the other 45% going? Citizens of America has always said that America, indeed the best country

One of the greatest downsides to digital money is debt. It is far easier for people and the United States get in debt. Because people don’t see the money leaving their hands to pay for something it creates a false perception it didn’t cost that much. Therefore it is easier to overspend your budget. Whether it is buying an expensive house or charging the credit card for eating out or binge shopping at the mall, spending money is easy and fun and many people get themselves in a lot of debt.

Some of the hardest decisions people contemplate are determining how to handle their finances, especially when funds are plentiful. More to the point, few people seek counsel from professionals who are trained to assist them. Consequently, they are likely to become entangled in debt and ill prepared for times when funds are low. While there are a number of reasons why individuals fail to seek professional assistance as it relates to managing money, there is evidence that this is not supported biblically. Proverbs 13:10, states that, "Through pride and presumption comes nothing but strife, but [skillful and godly] wisdom is those who welcome [well-advised] counsel (Amplified Bible).

While those who conform may feel regret because they did not follow their own path and finally do what they always wanted to do. This might also make those who conform empty because in the end when they look back on life they might start to realize that they have lived the life of a cog meaning that they led an ordinary life their whole life. While those who conform might feel unique and enlightened no matter the consequence.

In my research I was shocked to learn how much debt the country I call home is in. It is really quite scary to think about. I learned about how there are so many factors that can contribute to why and how a country gets in debt and what is best to fix it. However I quickly learned that there is not one simple answer to this question, and people’s opinions can vary drastatically. Even with years and years of research and so much knowledge, people still debate what is best to do when trying to strengthen our country by lessening our debt.

Ultimately, my clients are willing and feel obligated to pay any debt they actually owe. However, there are some significate issues with the existence and/or the amount of the debt. In addition to my clients being informed that the short sale included their obligation as guarantors, we have learned that the lender (West America Bank) reported to the SBA that after the short sale the lender attempted to contact the guarantors about the remaining balance owed on the loan and offered a compromise. This is not true. My clients were not aware of this alleged debt until December 2015. However, due to the potential cost of fighting the alleged debt, my clients may be willing to just “write a check” if there is such an opportunity. We have been trying

We all get duped at some point in our lives, that doesn't mean we are totally dumb but we are a bit credulous. People often browse the internet and look at news but they really don't pay attention at where that information is from. Based on the article some insipid people got duped by some “fake news” on Facebook and they blame it on facebook. Really!? That's some third grade stuff there, we need to stop paying the blame game and take responsibility and man up. If they got duped it's their fault not facebook, Facebook is just a social media outlet which had some false information posted on. Yes this people are completely to blame however I do think that the school system here in America does not prepare us well.

The United States is in a lot of debt, I don’t think beneficial to let other countries know how much debt were in. Moreover, I also don’t think we should let other countries know how much money we spend and keep in circulation. On the other hand, I feel to lower our debt we should have a strict limit on how much money we can spend. The benefits of having a limit will force us to delegate our money properly, thus giving us the chance to lower our

I figuratively carry guilt and regret. I carry these things because I made a promise to my cousin, also my best friend, that I did not end up getting a chance to keep. I promised her that the week of spring break I would come and have a girl’s weekend with her since she had just been cleared from having Leukemia for two years. Although what I carry with me is not visible to the human eye, it's visible to me, I know in my heart and my mind what it is. She begged and pleaded continously for me to spend the weekend with her and I kept postponing it because I felt like I would have more time. The week before spring break of 2017 is the week that I lost my best friend. I never got the chance to say sorry for not keeping my promise.

“Seven in 10 seniors who graduated from public and nonprofit colleges in 2013 had a student loan debt with an average of $28,400 per borrower” (________________________). Debt is a duty or obligation to pay money or render service under an express or implied agreement. So when one takes out a student loan one has made an agreement with the lender to borrow money for a certain amount of time. Every semester the cost continues to rise for college students across the country. Instead of considering only tuition when applying for school, prospective students should research the area they will relocate too. Students go to school set on one finical assumption which is inane. Monthly ,scholars will pay approximately $800-1,000 to live excluding tuition.The increase of tuition is seen as a fait accompli, so students can almost count on an increase every year. Although college loans can be pernicious to the future, being proactive by effectively managing their debt can obviate this issue.