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"Record low interest rates over the past seven years mean that many consumers have been able to reduce their debt burden over the past few years.
"Increasing media attention on student loan burdens notwithstanding, the average debt per student graduating with a bachelor's degree is still relatively manageable, despite the dramatic rise in debt burden over time". "Overall, postsecondary education remains a valuable long-term investment.
Mr. McGreevey, the Democratic candidate, faulted Mr. DiFrancesco's plans for saying nothing of New Jersey's soaring debt burden over the last seven years, and called his proposals too little, too late.
But to get a genuine reduction in the debt burden over the next few years, the government needs to run budget surpluses.In this section Figures to fret about No more poker Poco allegro Some dangerous curves ahead London meets its match Our quarterly portfolio poll Who pays for unions?
As the committee points out, neither Clinton nor Trump would reduce the government's debt burden over time, which is something many and probably most mainstream economists would say is necessary ― although how quickly to do that, and with what kinds of policies, is an ongoing subject of debate.
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The transaction marked the first disposal under Rio Tinto's program to divest at least $15 billion worth of assets to relieve its heavy debt burden after taking over Alcan.
And even though Daiei's average interest rate on its loans is only 1.7percentt, Japan's relentless deflation makes its real debt burden heavier over time rather than lighter as it would be in a mildly inflationary environment.
The result is a local-government debt burden worth over a fifth of China's 2011 GDP.Special report Pedalling prosperity The retreat of the monster surplus Prudence without a purpose The ballad of Mr Guo Bending not breaking Homeric wisdom Shades of grey Dipping into the kitty Beyond growth Sources & acknowledgmentsReprintsThe worst abuses, however, involve land.
The sympathetic hearing suggests the financially beleaguered commonwealth may gain one more tool, however modest, in its efforts to reduce a debt burden of over $70 billion.
Puerto Rico has dramatically raised taxes and cut spending in recent years to pay down a debt burden of over $70 billion, which the island's government says it will never be able to pay in full.
The main reasons are the two economic stimulus packages and a vast debt burden the Government took over from Japan National Railways.
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