Economists quote the consumer price index “CPI” as support when they report on the economy.  The personal consumption expenditures price index “PCE” has recently been showing up in news reports when the government announces that the rate of inflation is a modest 5-6%.  Ben Bernanke, Chairman of the Federal Reserve, announced on January 1 that [...]

When a debt collector tried to collect an unjustified legal fee from a tenant and was caught in the act, it claimed it had made a bona fide error in defense. The 9th Circuit Court of Appeals, in Reichert v. National Credit Systems, Inc., just recently upheld the federal district court in denying use [...]

A college degree may not be worth the cost of obtaining it for some students. College Recruiters selling the value of education aren’t telling the whole story. Despite decades of lip-service to affirmative action, earnings of college educated women remain a discouraging 61% of those of their male counterparts’.
The reasons are complex, but [...]

The IRS is given 10 years from the date the tax is assessed to collect in most cases by 26 USC §6502, a section of the Internal Revenue Code . The date after which the tax can no longer be collected is call the “Collection Expiration Statute Date” or “CSED” for short.
However, there are [...]

In a growing list of states, if the lender reports a default on a student loan, the state will suspend or revoke occupational licenses until the default is cured.  In some of these states, the statute extends not only to occupations (such as teaching or most health professions) requiring a college degree for licensing, but to [...]