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tsweetholp

Introducing the 97-month car loan - Yahoo! Autos - 0 views

  • Such long term loans can present consumers and lenders with heightened risk. With a six- or seven-year loan, it takes car-buyers longer to reach the point where they owe less on the car than it is worth. Having "negative equity" or being "upside down" in a car makes it harder to trade or sell the vehicle if the owner can't make payments.
tsweetholp

College Grads May Be Stuck in Low-Skill Jobs - Yahoo! Finance - 0 views

  • By some measures, nearly half of employed college graduates are in jobs that don't traditionally require a college degree.
  • companies needed hundreds of thousands of skilled workers to develop, build and install high-tech systems
  • ew technologies may eventually revive demand for advanced skills, he added, but an economic recovery alone won't be sufficient.
  • ...6 more annotations...
  • demand for such skills has fallen in recent years, even as young people continued to flock to programs that taught them.
  • Brian Hackett, who graduated with honors from the College of New Jersey in 2010 with a political-science degree, is among those who haven't found full-time work.
  • too few workers with the right set of skills, particularly in high-end manufacturing and certain trades.
  • The subsequent housing boom helped mask the problem by creating artificially high demand for workers of all kinds, but only temporarily.
  • College-educated employees also tend to earn more and advance more quickly even when they are in fields that don't require a degree.
    • tsweetholp
       
      All is not lost -at least there is some good news.
    • tsweetholp
       
      College-educated employees also tend to earn more and advance more quickly even when they are in fields that don't require a degree.
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