Collateralized debt obligation

As you reach a certain age in your life, you start thinking about something - college. Yes, the intimidating world of even more essays and assignments to drown in. You’ve probably been convinced that in the inevitable future - you will absolutely have to go to college one day. Though is that true? Is college actually something that is essential to a successful life? I stand by the statement that college is not worth going to, because student loans can overwhelm the student, college doesn't…

There was a long term American Policy of promoting home ownership. The main aim was to make the financing of a new home as easy as possible for the homebuyer. Overtime, various financial institutions have been set up to promote homeownership such as Fannie Mae (The Federal National Mortgage Association). This government sponsored enterprise (GSE) was founded during the great depression by Congress, its aim was to stimulate the housing market by making more mortgages available to moderate-to-low…

1990, average tuition prices for all institutions were only around $6,562 a year, compared to $20,403 today (https://nces.ed.gov Table 320). It used to be possible to work a part time job and pay your way through college, taking on little if not no debt. Now it’s much different. Without having thousands, if not tens of thousands, of dollars ready before you enter the doors, it’s nearly impossible to go through college without taking out student loans. Though college undeniably has many benefits,…

Although the hurricane-type weather is expected in the Gulf Coast states, the scope and magnitude of the damage from Hurricane Katrina were exceptional. The devastation experienced was far greater in intensity and distances of exposure from the coast than expected. This should categorize Hurricane Katrina as an extraordinary item because of the amount of damage and extended amount of time to recover from the damage. Fire and flood can be planned for to a certain degree because of past…

It is common for many people to explore the natures of college; however, not everyone has a free path to one. People who are capable to enroll have sufficient money to pay the tuition fees of $10,000 to $25,000, depending on if they are residents or out of state. The low-income citizens of America are forced to will themselves from going to college, but they gather their strength and push forward by finding any kind of job straight out of high school. When they do find a job, one that's…

ever. War is expensive and financed through borrowing, taxation, and expedition of printing money. Barely any money was created. Liberty bonds are still used today in which U.S. treasury bonds are issued. A treasury bond is a fixed interest government debt security with a state of 10 years. Fixed interest securities are dealt with interest-rate risk. Securities will become less valuable as rates go up in a environment with rising interest rate. The U.S started using Bonds because President…

Best President of the United States: Clinton Once every four years American citizens who are registered to vote cast ballots to elect the President of the United States. A president may serve no more than eight years, or two terms. President Clinton was elected as the 42nd President of the United States in 1993 (“William J. Clinton”). According to The White House biography, “William J Clinton”, during the administration of William Jefferson Clinton, the U.S. enjoyed more peace and economic…

circumvented. The challenge is also not limited in scope to one social class or geographical region. The challenge facing more and more students every year is student loans. The loans themselves are not the issue, but rather the excessive amount of debt that tends to follow. A recent analysis, done by the Wall Street Journal, has shown that over half of students across 347 different universities have defaulted on their student loans(Fuller & Belkin). The issues arise when the tactics that…

It's straight forward, you won't return home insurance in the event that you don't claim a house, isn't that so? The motivation behind why you have to return home insurance is to protect your fantasy house from unforeseen calamities which will strike sometime in the not so distant future. Yet, before buying a home, learn or do some exploration with respect to home insurance to guarantee that at any rate you comprehend what's the favorable position or weakness particularly the area of the home,…

having personal problems outside of school. Obstacles like these can affect a student inability to do well or attend school. It can force a student to drop out of school or flunk out of school. The biggest challenge out of these is student debt. Student debt is a difficult to deal with because it can stress someone out financially. Many students have bills that they have to pay for such as rent and car insurance. Also, many have people that depend on them such as their children or parents.…