Elders to Sell A$500 Million of Shares to Cut Debt, Review Says (Bloomberg)

Sept. 1 (Bloomberg) — Elders Ltd. is seeking to sell as much as A$500 million ($422 million) of new shares to cut debt, the Australian Financial Review reported.

Free Money Finance: A College Debt Nightmare

A reader recently sent me a link to this story from the Pittsburgh Post-Gazette (hello to all my friends and family in Pittsburgh!!!!) that details the college debt racked up by a resident there. The details: Student loans were a…

Petition seeks voters’ decision Weyerhaeuser-Chetek school consolidation (Ladysmith News)

The Weyerhaeuser Area and Chetek school boards each voted unanimously during a joint meeting last Wednesday to consolidate.

In debt? There is a way out, experts say (The Longview News-Journal)

In today’s economy, personal finances and debt are at the forefront of many people’s minds — from the companies that need to clear their balance sheets, to the debt collectors who make their living retrieving unpaid balances, to the consumers who owe more than they can to pay.

Geary Behavioural Economics Blog: Household Debt Restructuring

Via the Irish Economy Blog, below is a recent paper from the IMF on government’s role in household debt restructuring. I commented on the IE Blog that the Irish case has a number of structural features that merit further discussion. …