governement loans

White House Announces Plan to Ease Student Loans

Noting that it took President Obama 10 years to pay back his student loans, White House officials today announced a new presidential initiative aimed at helping others pay back the cost of their higher educations. Student loans have overtaken credit cards as the nation's largest source of debt.

Fixing Fannie and Freddie:
The Debate Begins

The Obama administration acknowledged Tuesday that major changes must be made to the two mortgage giants being kept afloat thanks to taxpayer billions, but it sees continued government support. Is that a good idea?