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Tom Roeser was unhappy about the decline of his town, Carpentersville, IL. So he decided to do something about it. Roeser bought some foreclosed properties, renovated them, and then rented them out for below market value.
posted by reenum on Apr 2, 2013 - 56 comments

Income based repayment is touted as a solution to rapidly rising college costs in the US. But there is a hefty tax bill looming for people who take advantage of this program.
posted by reenum on Dec 18, 2012 - 134 comments

How My Danish Friend Paid Off His Debt By Becoming A Gay Prostitute
posted by reenum on Oct 31, 2012 - 51 comments

Thought the "rubber rooms" where New York City teachers were sent to wait for disciplinary hearings were closed? Not so much. [more inside]
posted by reenum on Oct 16, 2012 - 32 comments

Many people say that a law degree enables the holder to do virtually anything. Am Law Daily explores the logical fallacies behind this statement.
posted by reenum on Aug 16, 2012 - 55 comments

Discover Magazine posted a couple of blog entries about the law school scam as a cognitive bias and why law school tuition isn't more dispersed.
posted by reenum on Jul 6, 2012 - 52 comments

10 Faces Behind The Incredible Law School Underemployment Crisis
posted by reenum on Jun 1, 2012 - 32 comments

Canadian Tire Company coupons, thought of by some as an alternative Canadian currency, may be on the way out. [more inside]
posted by reenum on May 14, 2012 - 63 comments

Hospitals in Minnesota have hired a collections company that plants its employees in the ER, squeezing money out of patients before they can get further care.
posted by reenum on Apr 24, 2012 - 67 comments

Student loan debt is now extending to K-12 private educations, fueled by parents who believe getting their children into the "right" primary school is essential to future success.
posted by reenum on Apr 7, 2012 - 113 comments

Why iced coffee costs so much more than the hot stuff.
posted by reenum on Mar 23, 2012 - 82 comments

With the number of LSAT test takers in sharp decline, has the law school tuition bubble finally burst?
posted by reenum on Mar 20, 2012 - 79 comments

The bad economy has forced some women into arrangements with less than ideal men.
posted by reenum on Mar 13, 2012 - 54 comments

With a tough economy and less money to go around, gang members in New York City are resorting to sharing guns hidden in easily accessible places.
posted by reenum on Feb 18, 2012 - 53 comments

With the recent news that unemployment applications are at their lowest levels since 2008, Congressional Republicans are attempting to curtail unemployment benefits. Democrats want to extend benefits for another year. This has led to an impasse. [more inside]
posted by reenum on Dec 22, 2011 - 64 comments

Alyssa Rosenberg of Think Progress on why CBS's new show 2 Broke Girls is the closest thing we have to a 99% Movement Comedy.
posted by reenum on Oct 25, 2011 - 69 comments

People in Korea now have a new vocation available to them: snitching on other civilians for cash payouts from the government.
posted by reenum on Oct 17, 2011 - 83 comments

Hartwick College, a small school in New York's Catskills, is the beneficiary of a trust that “could ultimately shatter the nation’s financial structure.”
posted by reenum on Sep 16, 2011 - 73 comments

The job market is saturated and graduates are unable to get hired anywhere to get proper training. Law professors Richard Rhee and Bradley Borden have a solution: law schools should open their own law firms.
posted by reenum on Aug 19, 2011 - 93 comments

Job searchers have begun outsourcing the process of applying for jobs to companies in India. The results have been mixed.
posted by reenum on Jul 16, 2011 - 36 comments

John Hyduk, a middle aged blue collar worker in Cleveland, writes about his daily existence.
posted by reenum on Jun 28, 2011 - 46 comments

Homeowners are using a little known loophole in the bankruptcy laws to shed their second mortgages.
posted by reenum on May 9, 2011 - 42 comments

Matt and Jamie Danielson, with the aid of their bankruptcy attorney, were able to use a little known loophole in the Iowa law to void their mortgage and own their house outright after making just one payment. However, further investigation has uncovered some unsavory events in the couple's past.
posted by reenum on Apr 21, 2011 - 60 comments

The poor in Ethiopia are often unable to buy newspapers, so they 'rent' papers for 20-30 minutes at a time from local entrepreneurs.
posted by reenum on Apr 20, 2011 - 26 comments

"The World", an ambitious real estate project conceived at the height of the real estate boom, is sinking back into the sea.
[more inside]
posted by reenum on Jan 28, 2011 - 34 comments

Patsy Campbell has been fighting her foreclosure in Florida courts for the past 25 years. She has not made a mortgage payment since 1985 while foiling the efforts of several banks to evict her from her home in Okeechobee, Florida.
posted by reenum on Dec 30, 2010 - 150 comments

There is a firestorm in Bedford, New Hampshire, because a parent wants the school board to take the book "Nickel and Dimed: Not Getting By In America" off the reading list for a high school personal finance class. [more inside]
posted by reenum on Dec 14, 2010 - 131 comments

A look at how fatwas are issued, and how Iranian authorities were able to change the classification of caviar from haram (forbidden for Muslims to eat) to halal (permissible for Muslims to eat) in order to retake the caviar industry from the Soviets. [PDF]
posted by reenum on Dec 9, 2010 - 26 comments

The cost of raising a child from cradle to 18 has risen to $222,000. Chiefly among the reasons is parents' desire to "cultivate" their children.
posted by reenum on Dec 6, 2010 - 122 comments

A new brand of super shoppers use coupons and other discounts to get products for absurdly low prices. The Web has turned this group from a series of independent operators into cohesive groups, frustrating retailers.
posted by reenum on Dec 3, 2010 - 126 comments

The once shining beacon of capitalism in the Persian Gulf has lost a lot of its luster since the global financial crisis in 2008. But is it too soon to declare Dubai dead? [more inside]
posted by reenum on Nov 30, 2010 - 43 comments

The NY Times explores the darker side of bingo.
posted by reenum on Nov 28, 2010 - 46 comments

Kelli went to Northeastern University and got loans to pay for her sociology degree. Her repayment schedule is featured in the article and it is not pretty. [more inside]
posted by reenum on Nov 22, 2010 - 261 comments

Jared Diamond on the unique cultural and geological challenges Haiti has faced since its colonial days. Diamond shows how these reasons have caused the nation to fare considerably poorer than its neighbor, The Dominican Republic. [more inside]
posted by reenum on Jan 28, 2010 - 35 comments