You’ve probably heard the bad news about homework: kids are working longer hours than ever before, and it’s driving them nearly insane. At least one major book has made this argument, as have numerous news articles like this one and this one.
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Next time you’re in … Laos
Consumer Borrowing Is Down, But For How Long?
Americans relied less on borrowed money in April than they did in March a sign that the pullback on debt-fueled spending continued into the spring. New data from the Federal Reserve shows that outstanding consumer credit which includes credit cards, auto loans and tuition financing, but not mortgages, fell by $15.7 billion to $2.52 trillion, an annualized drop of 7.4%