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CNN Money | No deal: Argentina in default as talks fail
After frantic last minute talks failed to produce a deal late Wednesday, Standard & Poor's deemed the country to be in default on some of its obligations. The change in credit rating could hike Argentina's borrowing costs, and put even more pressure on the country's already-struggling economy.
WSJ | Families Borrow Less for College
In the 2013-14 academic year just ended, the typical family paid 22% of total college costs by borrowing, down from 27% in each of the preceding two school years. These families paid 42% of college costs by using income or savings from the parents and/or student, vs. 38% the year before and 40% in 2011-12, according to the Sallie Mae study, conducted by market-research company Ipsos Public Affairs.
