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Student Loans Don’t Restrain Young Home Buyers

Student debt isn’t holding back most young professionals from buying a home, according to a report Thursday by Zillow, contradicting warnings from some economists that rising student-debt levels hurt the housing market. The report, which draws on 2013 data tracking...

2 Investigates: Fake W2s and pay stubs for sale online

Channel 2 Action News investigation found that taxpayers ultimately pay for the financial fraud these fake documents could be used for. Channel 2 investigators went undercover to see how easy it was to get to get fake financial documents. For only $50 a producer...

Is College Tuition Really Too High?

To understand the feeling of crisis that many see in higher education right now, it’s useful to start with some figures from 40 years ago. In 1974, the median American family earned just under $13,000 a year. A new home could be had for $36,000, an average new car for...

School-Loan Reckoning: 7 Million Are in Default

  Nearly 7 million Americans have gone at least a year without making a payment on their federal student loans, a high level of default that suggests a widening swath of households are unable or unwilling to pay back their school debt. As of July, 6.9 million...