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debt

"I am overloaded and struggling. It's terrifying."

"I feel like I'll be making the last payment from my grave."

"It is an albatross around my neck. Years of paying and I feel like I'm getting nowhere."

"Help!"

Those were some of the comments we received from more than 2,000 respondents to NPR Ed's first Teacher Student Debt survey.

How To Manage Student Loan Debt

Sep 21, 2016
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The average American college student will graduate with more than $35,000 in student loan debt.

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KERA’s One Crisis Away project looks at life on the financial edge. Today: our addiction to credit cards. A report from the Federal Reserve Bank of Boston shows that despite the shaky economy, our credit habits are hard to break.

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Making money is one thing -- managing it is another. And new stats out from Creditcards.com prove that. The median income for Texas is better than average, but credit scores in the Lone Star State are some of the worst in the country.

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KERA's series, One Crisis Away, looks at life for people on the financial edge. In this edition, why some people feel they can’t get away from the edge even as the economy is recovering.

Sam Baker talked with Marketplace host Kai Ryssdal about the survey the show did to find out.

A Fort Worth business owner is working tirelessly to make sure her employees don’t fall over the financial edge. She makes it her mission to employ, educate, and embrace each and every one of her staff members.

www.gotcredit.com

Your credit score controls the obvious (things like mortgage eligibility) and the not so obvious (like whether you can upgrade your cable package.)

Tony Milburn is on the board for Catholic Charities Fort Worth and works in wealth management for UBS. He talks about the sometimes startling impact of poor credit.

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Too much credit card debt is sometimes enough to push people over the financial edge.

According to a new survey, three of the five worst big cities for credit card debt are right here in Texas.

Wary Of Loans, Texas Students Struggle Through College

Oct 28, 2014
Christina Ulsh / KERA News

Texans are carrying about $70 billion in student loans, according to the Dallas Federal Reserve Bank. The good news is that Texans have less student debt than than the national average. The bad news is that people in Texas are more likely to be delinquent in repaying those loans.

Dane Walters / KERA News

Just because you have a decent job, house and car doesn’t mean you’re financially set. Just ask Schnique and JC Dory, a White Settlement couple raising two kids.

They both have steady jobs, their home is pristine and there’s food on the table each night. But they’re constantly beating back debt, and are among the one in three North Texans who can’t last more than 90 days after a financial emergency.

That’s the focus of our series One Crisis Away. The Dorys keep their family on track with financial planning and faith.

How much money will you earn with a degree from the University of Texas system? How much debt after graduation will you rack up? UT System officials have unveiled a new website they say is the first of its kind to give salary and debt information of its students one to five years after graduation.

KERA's series One Crisis Away looks at four North Texas families on the financial edge. In this profile, meet the Dory family. Schnique and JC are raising two kids in White Settlement. Even though they have steady jobs and a nice house, they're constantly beating back debt and working to curb their spending.

Update at 10:18 p.m.: House Approves Bill:

The crisis is over. With about two hours before the country reached the debt ceiling, the House has approved the bill and it is now it's way to the White House. We've posted separately on that development and we are putting this live blog to bed.

Our Original Post Continues:

Shelley Kofler / KERA News

Senator Ted Cruz is unapologetic for leading the fight that has brought the federal government close to defaulting on its debt payments.

At a news conference dominated by discussion of what's expected to be Washington's next big political battle, President Obama insisted Monday that he will not let Republicans tie an increase in the federal government's borrowing limit to negotiations over cuts in future federal spending.

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A Vermont judge has ordered a Texas debt settlement company to pay a fine of $2 million in a consumer fraud case.