And that's our goal … to have you walk out feeling confident that you have plan of action to deal with the loan debt in the context of your overall financial planning.
"Even worse, if you put textbook debt in larger context with student debt, the affordability of college is becoming less and less tenable, and, as a result, the American dream is becoming more difficult for the next generation to attain".
However, the Democratic defeat in the recent debt ceiling negotiation has its roots in the failure of the administration to present its own vision and set of solutions for America's economic problems, and to place the debt in the context of those serious problems.
At the beginning of the transition process, many flocks were sold to pay collective farm debts in a context of high inflation, or sent to slaughter houses by unscrupulous chiefs or privatized on a patronage network basis (Jacquesson 2004).
But you have to put household debt in the appropriate context.
And although many people assume that "debts" in these contexts refer to spiritual debts or trespasses, debts are also considered sins.
"It's high, but in context China's debt appears less frightening," says Andy Rothman, a strategist with Matthews Asia, a China mutual fund company based in San Francisco.
To put the Greek crisis in context, consider the debt relief and credit support given to post-Nazi Germany by the Allies, who wrote off 93percentt of the Nazi era debt in the early 1950s and stretched out the pre-Nazi debt incurred during World War I and the Weimar period well into the 21st century.
To take a step back and put this in context, two thirds of college students graduate with debt, and among them, the average debt level is $26,000.
