- Editor's PickMelody Hahm•2 days ago
Total US student loan debt has topped $1.3 trillion, nearly triple what it was a decade ago, with a rate of serious delinquency (at least 90 days late) that surpasses any other type of debt, according to the Federal Reserve Bank of New York. On Thursday, Fannie Mae (FNMA) released a national housing survey with a troubling finding for some student debtors: People with high school degrees who never went to college have a better shot of owning homes than ones who took on debt to go to college but never ended up graduating. In fact, college dropouts with some debt are 32% less likely to be homeowners than high school grads. “If you take the debt but don’t get the degree that’s a problem,” Doug Duncan, Fannie Mae’s chief economist, told Yahoo Finance.
13Ds are filed with the Securities and Exchange Commission within 10 days of an entity’s attaining a greater than 5% position in any class of a company’s securities. Source: InsiderScore.com On July 21, Vajra Asset Management sent a letter to Angie’s List requesting that Chairman John Chuang and Steven Kapner, a director, resign from the board. Vajra also requested that the company eliminate its staggered election policy, reduce the board’s size to 10 from 12, and eliminate the policy that allows board members to pledge the company’s securities as collateral for indebtedness.