Seniors face rising debt as student loans haunt retirees
Rosemary Anderson, 57, may reach 81 before paying off loans and fears Social Security garnishment. GAO data show 4 percent of 65 to 74 year olds held federal student debt in 2010, total senior debt rising from 2.8 billion in 2005 to 18.2 billion last year, with overall student debt at 1 trillion.
MENTIONED IN THIS ARTICLE
Washington
Rosemary Anderson
Anderson
Government Accountability Office
Senate
Bill Nelson
Dfla
Watsonville
Calif
University of California, Santa Cruz
Ments
Ed Boltz
Durham
N. C
National Association of Consumer Bankruptcy Attorneys
Boltz
GAO
Capitol Hill
Dollar General goes hostile in bid for Family Dollar
Dollar General launches a hostile 9.1 billion cash offer at Family Dollar Stores Inc. after Family Dollar board rejected 80 per share bids from Dollar General and Dollar Tree. DG vows to shed up to 1500 stores if required, and pays a 500 million reverse breakup fee. Family Dollar faces antitrust review and financial stress amid store closures and price cuts. Carl Icahn has previously urged a sale.
MENTIONED IN THIS ARTICLE
Dollar General
Family Dollar
Family Dollar Stores Inc
Dollar Tree
Matthews
N.C
Federal Trade Commission
Sterne Agee
Chuck Grom
Goodlettsville, Tenn
Drug use rising among pilots in fatal crashes study
A National Transportation Safety Board analysis of toxicology reports from 6,700 pilots killed in crashes between 1990 and 2012 shows a rising share testing positive for drugs, including multiple substances, with 9.6 percent positive for at least one drug rising to 39 percent.
MENTIONED IN THIS ARTICLE
Washington
National Transportation Safety Board
U.S
NTSB
Ozone layer shows signs of recovery amid phase out
A U N scientific panel reports a 4 percent rise in mid northern stratospheric ozone from 2000 to 2013, the first sustained increase in 35 years. The finding credits global action to phase out CFCs and highlights diplomacy and science cooperation led by NASA scientists and Nobel laureates.
MENTIONED IN THIS ARTICLE
Washington
U.N
NASA
Paul A. Newman
United Nations
Mario Molina
Molina
F. Sherwood Rowland
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