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Bloomberg

A Hospital Giant Discovers That Collecting Debt Pays Better Than Curing Ills
Bloomberg
As Tenet and other hospital companies struggle to make money providing medical care, they are turning to the profitable and growing business of collecting debt. Most hospitals have finance departments or outside companies that try to ensure they get ...

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Inside Higher Ed

Student Debt in the City
Inside Higher Ed
Just 6.6 percent have a graduate or professional degree, also the lowest percentage in the city. The student loan problem extends beyond the Bronx but is not pervasive in all parts of the city, according to a new report out Friday that is a joint ...

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USA TODAY

Keep your new year's debt resolutions - USA Today
USA TODAY
Paying off debt in the new year is a common resolution. But resolving to do something and actually doing it are two different things.

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Project Syndicate

Is Another Debt Crisis On the Way?
Project Syndicate
Though private-sector debt has lately been rising, its levels remain tolerable. And public-sector debt has been growing only moderately, relative to GDP. As for the advanced economies, there is little reason to believe that a debt crisis is around the ...

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How Increasing Consumer Debt and Rising Interest Affect You
Investopedia (blog)
What will the current situation of increasing consumer debt and rising interest rates mean for you? October marked the second straight month of major jumps in consumer borrowing. Revolving credit, which is primarily credit card debt, grew by 9.9%, or ...



Axios

Debt collection is big business for hospitals
Axios
Some of the country's biggest hospital companies are facing slim profit margins on actual patient care, but have managed to pad their bottom lines with debt-collection businesses, Bloomberg reports. Tenet, for example, is selling off hospitals to help ...



Comptroller warns of increased state debt in years ahead
WatertownDailyTimes.com
ALBANY — State Comptroller Thomas P. DiNapoli says New York could face future financial challenges if debt continues to rise. On the heels of Gov. Andrew M. Cuomo announcing the seventh round of Regional Economic Development Council award recipients ...

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The Mercury News

Borenstein: CalPERS about to bury taxpayers, cities, counties in more debt
The Mercury News
The nation's largest pension system is expected to adopt a funding plan this week that anticipates shortfalls during the next decade and then banks on exceptional investment returns over the following half century to make up the difference. It's an ...



Italy's debt chief to retire ahead of election
Nasdaq
MILAN, Dec 18 (Reuters) - The veteran bureaucrat responsible for Italy's debt mountain, senior treasury official Maria Cannata, plans to retire in February after 17 years in the job, to be replaced by her long-time deputy, sources said on Monday. Italy ...

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Bangor Daily News

Celebrity vegan chef's debt pushes historic Belfast building to brink of foreclosure
Bangor Daily News
Kenney, a Searsport native, didn't keep up his end of the deal, accruing $47,356 in overdue payments, plus additional debts to state, federal and local governments, according to the foreclosure judgment filed last month in Belfast District Court. At ...

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