loan defaults

Are Young People Too Afraid of Student Loan Debt?

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.

Recovery Ahead? Small Businesses Boost Borrowing

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.