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Occupy Wall Street bought and forgave the student loan debt of more than 2,700 Everest College students.

By MSN Money Partner 8 hours ago

This post comes from Krystal Steinmetz at partner site Money Talks News. 


Money Talks News on MSN MoneyMore than 2,700 people were able to breathe a collective sigh of relief after being unburdened of at least part of their student loan debt by an Occupy Wall Street campaign.


 College diploma © CorbisRolling Jubilee, an initiative of the Occupy movement, recently bought up about $3.9 million in private student loan debt for $107,000, according to Time. The debt belonged to 2,761 people who attended Everest College, a for-profit school run by Corinthian Colleges. The Consumer Financial Protection Bureau recently filed suit against Corinthian Colleges for alleged predatory lending.


Time said Rolling Jubilee specifically selected loans for Everest College.


"We chose Everest because it is the most blatant con job on the higher ed landscape," the organizers said. "It's time for all student debtors to get relief from their crushing burden."


How did they retire so much debt for so little? 

 

Bigger products and purchases can be unwieldy, wasteful, and expensive to maintain. These things prove that good things come in small packages.

By DealNews.com 9 hours ago
This post comes from Tucker Cummings at partner site DealNews.

DealNews on MSN MoneyAmerica is a land of bigness: we're the home of the Grand Canyon, the Cadillac Escalade, and the Big Gulp. If the nation had another Latin motto, it might be 'Grandior Melior Est': Bigger is Better. (Note: rough translation.)

Wedding ring © Jamie Grill, PhotolibraryThat might be true for some things (like the new iPhone 6 Plus, which is drumming up more interest than it's smaller sibling), but there are a few products where you're actually better off "skimping" and getting the smaller, less expensive option. For perishable goods or things that are expensive to maintain or store, bigger isn't always better. Read on to see our tips for downsizing your shopping.  

You think you're a savvy shopper, but you may be playing right into retailers' hands. Find out which sales tactics they're counting on you falling for again and again.

By MSN Money Partner 9 hours ago

This post comes from Maryalene LaPonsie at partner site Money Talks News.


Money Talks News on MSN MoneyEvery time you walk into the mall, the grocery store or a big-box retailer, remember it's you against them.


"Them" are the marketers, sales professionals and CEOs who are determined to make you buy more than you planned. They spent $60 billion worldwide in 2013 on market research and business intelligence, all with the goal of putting more money in their coffers. For retailers, their research may include what you buy, when you buy and even what displays catch your eye.


In addition, retailers have an arsenal of sales tactics that may seem silly but serve as heavy-duty artillery when it comes to persuading you to part ways with your money.

 

These smart moves can help you save at Kohl's, a destination for frugal shoppers.

By Cheapism.com 10 hours ago
This post comes from Raechel Conover at partner site Cheapism.com.

Cheapism.com on MSN MoneyWith school starting and the seasons changing, now is the time to start turning over your closet and getting the house ready for fall. This needn't be a costly endeavor, especially if you patronize the regular frugal haunts.

People leave the Kohl's Department store in Waukesha, Wisconsin © Morry Gash/APThe following tips and tricks can help maximize your savings when shopping at Kohl's.

Sign up for a Kohl's credit card. If you can handle a credit card judiciously -- that is, pay it off every month -- the Kohl's Charge Card is a good way to go. Kohl's frequently rewards cardholders by mailing coupons worth discounts of 15, 20, and 30 percent. In fact, the coupons arrive with such frequency that you should not have to shop without one. Even non-cardholders receive mailed coupons, just not as often or for as much of a price cut.
 

Residents of the biggest state carry the biggest debts, according to a new study.

By Credit.com 10 hours ago

This post comes from Christine Di Gangi at partner site Credit.com.


Credit.com on MSN MoneyAlaskans have consistently carried high credit card balances for the past few years, possibly due to the high cost of living in the state.


According to data from the Experian-Oliver Wyman Market Intelligence Reports, sorted using Experian's IntelliView tool, only Alaska residents have carried an average credit card balance greater than $2,000 in the past three years, making it consistently the state with the most credit card debt.


Credit cards © CorbisAlaska is a bit of an outlier, with its average debt of $2,299 per card in the second quarter of this year -- the rest of the states carry an average balance between $1,366 and $1,817 -- but even with high balances, Alaskans followed d the national trend and reduced that balance over the past few years.


Here's how other states compare:

 

According to a new survey by WisePiggy.com, men use their smartphones much more than women to manage their finances.

By QuinStreet 11 hours ago

This post comes from Peter Andrew at partner site WisePiggy.com.


Wise Piggy on MSN MoneyDo you find that the strangers sitting next to you on planes, in diners and at sporting events are always using their smartphones to tweet, send texts and emails, update Facebook, or play Angry Birds? Well, it turns out that -- mostly when they don't have a nosy neighbor looking over their shoulders -- they're also using their devices to do something else: Monitor and manage their money.


Portrait of various smartphones © Jeffrey Coolidge/Getty ImagesThe popularity of smartphones as a tool for controlling personal finances was the key outcome of a survey recently commissioned by WisePiggy.com. A sample of 2,000 American homeowners, all of whom were age 25 or older and married with children, participated. Half were men, and the other half -- you'll never guess -- women.

 

Nearly half of family caregivers spend more than $5,000 a year, plus caregiving affects their jobs and retirement plans.

By MSN Money Partner Thu 3:45 PM

This post comes from Krystal Steinmetz at partner site Money Talks News.

 

Money Talks News on MSN MoneyCaring for an aging loved one can take a toll physically and emotionally. But it also has a significant impact on your pocketbook, employment and retirement plans.


Family caregiver helping senior in wheelchair © Terry Vine/Getty ImagesAccording to a new survey from Caring.com, 46 percent of family caregivers (people who take care of a friend or relative for free) spend more than $5,000 a year to care for a loved one, and many people spend much more. Caregiving costs, including medical bills, medications, in-home care and sometimes nursing homes, really add up. Caring.com wrote:

"Caregiving can be a startlingly expensive endeavor that most people aren’t financially prepared for," said Caring.com CEO Andy Cohen. "But yet only 3 in 10 caregivers have spoken to their loved ones about how to pay for care. Having an open and honest conversation about finances is a sensitive, but necessary discussion to have."

Caregiving can also impact current employment and future retirement plans. Because of the amount of time required to take care of their loved one, one-third of those surveyed said they devote at least 30 hours per week to caregiving, and 50 percent of caregivers said they had to change their work schedule, they miss work or they often show up late or leave early. Sixty percent of survey respondents said their caregiving duties have a negative effect on their job.

 

Counterfeit goods are big business, not just in the U.S., but around the world. Here's how to figure out what's authentic and what's not.

By MSN Money Partner Thu 12:50 PM

This post comes from Allison Martin at partner site Money Talks News.


Money Talks News on MSN MoneyYou've searched for the perfect designer purse or electronic gadget for your significant other. It arrives just in time for the special occasion, but you're disappointed by the quality.


The item is a fake, the retailer is nowhere to be found, and you're out hundreds of dollars. What's a consumer to do?

 

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