Rapidly Rising Student Debt Keeps Millions from Homeownership

Pro Builder

Rapidly Rising Student Debt Keeps Millions from Homeownership. Student loan payments are holding many Americans back from becoming homeowners by keeping their debt-to-income ratios high. Student debt nationwide has reached $1.6

Debt 56

The Federal Debt Comes Calling!

Collaborative Construction

We must do something about the looming federal debt crisis. Or stated differently, we must force our spineless political class to do something about the looming federal debt crisis. Three lawyers I know launched a website a number of years ago called the Powerline Blog and the blog ran a contest this year seeking input form their readers on the topic of the federal debt. Welcome to the Collaborative Revolution!

Debt 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Chicago Debt Document Says $8.5B O'Hare Revamp May Be Delayed

ENR Construction

An document filed by Chicago says the $8.5-billion revamp of O'Hare International Airport may be delayed as airline revenue, a key funding source, has been decimated by the pandemic, but the Chicago Dept.

Debt 54

Chicago Debt Document Says $8.5B O'Hare Revamp May be Delayed

ENR Construction

An document filed by Chicago says the $8.5-billion revamp of O'Hare International Airport may be delayed as airline revenue, a key funding source, has been decimated by the pandemic, but the Chicago Dept.

Debt 39

Litigation looms in MGT Construction's $28M debt, $50K assets bankruptcy

Construction Dive

A Chapter 7 bankruptcy trustee asked the court for a special litigation council to try to uncover any of the defunct firm's "undisclosed assets" to help it pay the more than 500 companies and individuals it owes

Debt 48

Moody's: P3 delays don't always mean debt default

Construction Dive

The ratings agency found P3 problems depend largely on where in the construction schedule delays occur

Debt 49

Planned Lucas Museum in Chicago Relies on $1.2B Debt

Construction Equipment

. . They're going to need more Force. The Chicago Tribune reports details of the latest proposal to bring the George Lucas museum to Chicago will require galactic-size funding. The George Lucas Museum of Narrative Art and the City of Chicago have been working on a deal to build a new museum facility in the area around McCormick Place. The museum will feature Lucas' collection of paintings, illustrations and digital art

Debt 75

Student Couple Build Tiny Home to Climb Out of Debt

Jetson Green

There are many reasons why people choose to downsize and move to a tiny home, though mostly these reasons stem from financial concerns to some degree. This was also at the core of the decision to build and move to a tiny home for student couple Jess and Dan Sullivan of Burrillville, Rhode Island. They built their tiny home from primarily wood, and used a lot of repurposed and recycled materials to finish it up. They also made it off-the-grid to avoid further costs.

Debt 76

Construction Bad Debt What To Do About It

Contractor Bookkeeping

All construction contractors have experienced the financial pain of bad debt which is defined as a customer who refuses to pay no matter what you do. We have clients who have experienced situations beyond their control in all of our companies and when it is legitimate we have been known to issue a letter stating the debt is cancelled and they owe us nothing. Do whatever you think is within reason to collect the debt and no more.

Debt 53

Collaborative Construction Blog: Eating the rich won't solve our debt.

Collaborative Construction

Eating the rich wont solve our debt crisis. Eating the rich won't solve our debt crisis. skip to main | skip to sidebar. Collaborative Construction Blog. Collaborative Construction Resources, LLC helps owners craft IPD procurement strategies that enable them to acquire BIM enabled infrastructure from integrated teams and helps those teams craft, negotiate and implement integrated agreements. Whether you need an IPD Facilitator, a Project Neutral, or Project Counsel, we can help.

Debt 100

Contractor McDermott Intl. Files Chapter 11 Plan to Cut Debt, Fund Operations

ENR Construction

Energy megaproject firm's bankruptcy includes expected $2.7B sale of its Lummus Technology unit to PE investors and another $2.8B from lenders to operate

Contractor McDermott International Files Chapter 11 Plan to Cut Debt, Fund Operations

ENR Construction

Energy megaproject firm's bankruptcy includes expected $2.7B sale of its Lummus Technology unit to PE investors and another $2.8B from lenders to fund operations

Commercial Debt Collection – How Do I Collect When A Company Owes Me Money?

Construction Law Monitor

The Fair Debt Collection Practices Act protects the consumer, not businesses. Most business think that when an account is overdue, then they call up a debt collection agency and the debt will be collected or its deemed bad debt. There are at least two phases of debt collection, each of which could arguably be broken down into subcategories. You have a pre-debt fact gathering and document filing stage, as the first phase.

Debt 51

Trustee in bankruptcy case says MGT Construction may have "undisclosed assets" to pay $28M debt

Construction Dive

A trustee in the case of MGT's Chapter 7 bankruptcy has asked the court to consider that the company may have more than the $50,000 in assets it claims

Debt 48

Special legal team could tap MGT Construction's "undisclosed assets" to pay $28M debt

Construction Dive

A trustee in the case of MGT's Chapter 7 bankruptcy has asked the court to consider that the company may have more than the $50,000 in assets it claims

How Much Debt is Too Much for Chinese Developer?

ENR Construction

Greenland Group’s debt is running high at a time when the Chinese economy is said to be slowing. Business Management

Debt 40

AIA gives support to legislation to assist architecture students with debt

BD+C

The American Institute of Architects (AIA) and the American Institute of Architecture Students (AIAS) committed to timely passage of the National Design Services Act (NDSA), which will give architecture students the same relief from crushing student loan debt, which is already granted young lawyers, doctors and others – in return for community service.

Debt 76

A high-paying education without the debt? It's called an apprenticeship

Contractor Magazine

There are 5.8 million job openings in the US, but many young Americans lack the stills needed to work the good-paying jobs offered in the trades. read more. Training Opportunities

Debt 42

Optimism high amid uncertainty

Construction Dive

Commercial builders mostly expect profit to grow this year despite economic warning bells around debt and trade, according to an ABC confidence index

ABC 103

McDermott exits Chapter 11 bankruptcy

Construction Dive

billion of debt and provides the energy contractor's management with 7.5% The reorganization eliminates $4.6 of newly issued equity

Judge approves McDermott reorganization, $2.7B sale of Lummus Technology

Construction Dive

billion of debt for the beleaguer?ed The confirmation by Bankruptcy Court Judge David R. Jones eliminates more than $4.6 ed energy contractor

Generation Z Is Choosing Trade School over College

Green Industry Professionals

With the job market in flux, younger Americans are trying to avoid an education that comes with massive debt

Debt 62

Does Super Committee’s Failure Fail the Green Industry?

Green Industry Professionals

NEWS FLASH: The bipartisan Congressional Debt Committee has failed to reach a compromise. Landscape Contractors Business Best Practices Blog Lawn Equipment Small Engine Repair Business Blog Debt Committee green industry landscaping services Super CommitteeCan you believe it?! sense sarcasm) Actually, this thing had about as much chance of succeeding as Gary Coleman would’ve had in a slam dunk contest. Whatchoo talkin bout, Wartgow?!).

Debt 43

Perception and the workforce crisis

Contractor Magazine

Are we all waiting for the backlash over exorbitant student loan debt? It can’t come soon enough

Debt 45

Proven Practices To Collect Construction Client Payments Effectively

Contractor Bookkeeping

All construction contractors have experienced bad debt's financial pain, which is defined as a customer who refuses to pay no matter what you do. We've been there before, and it will probably happen again in the future.

Debt 76

Green Buildings are Subsidizing Conventional Buildings Stymying Climate Progress

Green Building Law Update

Green building bonds, which are higher rated and could provide cheaper capital for green building projects, can correct the current market that prices mortgages, green building or nongreen, the same, stimulating the economy and repairing the planet.

Green 229

Jacobs Pays Surprise Premium in $3.27B Deal for CH2M

ENR Construction

The much-speculated purchase, set to conclude by December, includes $416 million of debt

Debt 44

A Contractor's Guide To Dealing With Customers Who Refuse To Pay

Contractor Bookkeeping

All construction contractors have experienced bad debt's financial pain, which is defined as a customer who refuses to pay no matter what you do. I've been there before, and it will probably happen again in the future.

Debt 76

Repurposeability: The future of college campuses

BD+C

. HIGHER ED’S ‘EDIFICE COMPLEX’.

Debt 73

Malaysia Scraps Two Megaprojects Funded by China

ENR Construction

Malaysian Prime Minister Mahathir Mohamad said Malaysia is facing heavy debt and unable to take more loans

Debt 43

New York City Renters Face $1 Billion in Unpaid Rent

Pro Builder

A recent survey found New York City renters owe $1 billion in unpaid rent, but the survey only accounts for roughly half of the total rentals, pushing the real debt closer to $2 billion. On average, the trade group estimates renters have an average debt of $6,000. “It’s

Salini Impregilo Appears Set To Pick Up Astaldi, Go After More US Projects

ENR Construction

Recapitalization would enable Milan-based Salini to purchase 65% stake in bankrupt Astaldi and spend $325 to settle debt

Debt 32

Recent Downturn in Architecture Firm Billings Accelerates

PSMJ Resources

With the fluctuating economy and the recent downgrade of the country’s debt, it remains unclear what the future will hold for the design industry. Businesses seem to be paying down debt and not risking investment in new ventures. • While we are so far having a quite profitable year, we feel the pressure caused by Congress’s long delay on the debt ceiling increase and the wrangling about deficit reduction. skip to main | skip to sidebar.

Cob House Tour and Demonstration

Natural Building

Take a tour, learn how cob is made, and get inspired by this wonderful, debt-free family and their sustainable lifestyle. You can watch the video at www.youtube.com. The post Cob House Tour and Demonstration appeared first on Natural Building Blog.

Debt 52

Cities Where Buyers Can Afford the Most and Least

Pro Builder

Nearly 67% of Americans are bunkered down by at least one non-mortgage debt. Data compared included median household income in each city, average non-mortgage debt, and median home values. Some big-city dwellers with debt may struggle to afford a home.

Analysis: Student loans will cost housing industry $83 billion in 2014

BD+C

8% fewer homes will transact than normal in 2014, purely due to student debt. Our conclusion is that 414,000 transactions will be lost in 2014 due to student debt. This week, our clients received a 30-page paper that assesses the impact of student loans on home buying for households under the age of 40. read more. Architects Building Owner Contractors Designers Engineers Facility Managers

Debt 77

The New Flat Rate to host Major League for a Day seminar in Atlanta April 12

Contractor Magazine

Seminar designed to help HVAC, plumbing and electrical service company owners run a profitable, debt-free business. The New Flat Rate, a leading provider of menu pricing for residential home service companies, is hosting a seminar at the Hilton Garden Inn, Atlanta Airport, on Wednesday, April 12, from 8 a.m. to 5:30 p.m. read more. Management

Debt 70

Landscape Architects Disappointed with Federal Government on Sequestration

Green Industry Professionals

While the federal deficit and debt load are serious problems, across-the-board cuts at this point in time will adversely affect the landscape architecture industry

Debt 50

Brokers look forward to a commercial real estate market that mirrors 2018’s solid results

BD+C

They are buoyed by strong consumer and business confidence, steady employment growth, and the anticipation of available debt and equity liquidity. Commercial real estate brokers are optimistic about their industry’s growth prospects for 2019, according to a poll of brokers that Transwestern released last month. The survey explored the sentiments of brokerage professionals about three sectors: offices, medical offices, and industrial

Salary Needed to Afford a Home in the Top 15 Metros

Pro Builder

SmartAsset identified the salaries needed in the 15 largest metros to afford an average home payment and not exceed the recommended 36% debt-to-income ratio. The average salary (with no additional debt) needed to afford home payments across these three cities is $111,533.