The authors of the new book Not Quite Adults, Richard Settersten and Barbara E. Ray make what sounds like an crazy argument: Young people today are too afraid to borrow for college. And when you dig a little deeper into it, you realize that it actually is crazy.
A key index that measures small business lending rose 16% in September, its second consecutive month of double-digit increases. That rise in the Thomson Reuters/PayNet Small Business Lending Index is a strong signal that the U.S. economy is finally back on the road to recovery.
New data from RealtyTrac shows that the real estate market is still on shaky ground. Banks repossessed 95,364 homes in August -- more than in any month since the beginning of the U.S. mortgage crisis.
