Part of a series on young people and financial literacyThe amount of money Americans owe on student loans recently exceeded the nation's credit card debt. That may lead many to ask: Is it smart to borrow a lot of money to go to college?
The young people set to graduate this spring will soon be facing adult financial responsibilities, like earning paychecks, paying bills and managing their debts.But many of these graduates already have advanced degrees from the School of Hard Knocks.
Last July, when President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act, he promised greater oversight power to the agencies tasked with keeping watch over the nation's financial markets."
When the Libyan rebels went to look for someone to run their war economy, they went to an unlikely source: An economics teacher at the University of Washington.Ali Tarhouni fled Libya 40 years ago after speaking out against Moammar Gadhafi.