On the heels of new research detailing trends in student loan burdens at for-profit colleges, the Consumer Financial Protection Bureau launched a public inquiry earlier this month into student loan servicing practices.
Consumer advocates are calling for a ban on all types of payday lending, saying that without regulatory federal laws, millions of borrowers charged triple-digit annual percentage rates (APR) will continue to be trapped in never-ending cycles of debt.
If you live in an Illinois neighborhood where residents are predominantly people of color, the odds are higher that your credit score is low. A new report examines how the state can bridge that racial gap.
Sun-Times' reporters Tim Novak and Dave McKinney did the voting public a service by exposing
a loophole in Illinois' "statement of economic interest" disclosure
form that allows political candidates to hide familial relationships
with registered lobbyists. As the paper's editorial board writes, it's
crucial that the state forces lawmakers to admit publicly who in their
families could benefit from state laws.
In his rejected cover for the May issue of Fortune 500, comic-book artist Chris Ware depicts a United States strewn with big box stores, underwater homes, sweat shops, and food deserts. Check out how he decided to mark Chicago on the map: