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Economy impacts students

Abstract:
As the country's major financial institutions and businesses report record losses and deep financial trouble, college students and their families are starting to feel the economic crunch, according to Ed Nelling, associate professor of finance at Drexel University....

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Payday Loan Advocate

posted 10/24/08 @ 1:05 AM EST

On Wednesday, October 14, 2008, the third and final U.S. Presidential Debate took place in Hempstead, New York. Illinois Senator Barack Obama came into the debate with an eight-point lead, according to an average of national polls as compiled by CNN. It seemed like Obama was content with that margin. Arizona Senator John McCain took advantage of Obama's complacency and challenged his policies, judgment and qualities of character. When Obama criticized the economic policies of the Bush Administration, McCain quickly retorted by saying he is "not President Bush." McCain stated that, as president, he would enact an "across the board spending freeze" in all government programs. On the contrary, Obama's stance sounded more conservative; Obama proposed to "go through the federal budget page by page, line by line" in order to terminate programs that aren't working as they should. Both candidates believe their economic plans will implement much needed change in a broken America, but will their plans leave consumers with the right to choose whether or not they'll have access to payday loans? That remains to be seen. Americans live in "the land of the free," and special interest groups (i.e. banks and credit unions) should not be able to steal our liberties.

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