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The Joint Center for Political and Economic Studies convened a group of economic, community, and political leaders Monday to confront the persistent wealth gap between blacks and whites. The statistics cited by these experts were dire.
For professionals looking to advance their career, earning a certificate or even an advanced degree could be the catalyst needed to move up the ranks. Although work and life constraints can make it hard to pursue academic endeavors, more and more working professionals are taking online classes allowing them to better coordinate their schedules around work responsibilities and their personal life.
Federal Reserve Board chairman Ben Bernanke spent an extremely tense session Thursday before the House Committee on Oversight and Government Reform regarding whether he pressured Bank of America to acquire Merrill Lynch last year.
Borrowing money to further your education—and by extension, your earning power—is what most financial experts refer to as incurring “good†debt. But even after Laquita Blockson earned her Ph.D. in business, the thousands of dollars she amassed in student loans and credit card debt didn’t feel so good. “I started my Ph.D. debt free, having never taken out a loan for my undergraduate or master’s degrees. I wound up leaving school with a great job, but also a lot of debt,†says Blockson.
