A freshman Senate class was sworn in Jan. 3, bringing diverse skills and experience – not to mention agendas – to the legislative body. Whether the 14 newest senators help break partisan gridlock, or refuse to work across the aisle, will be the test for the 113th Congress.Twelve were elected on Nov. 6, including three Republicans, eight Democrats, and an independent. In addition, a Republican and a Democrat were appointed to vacant seats after the election. Here is a look at the 14 and what they bring to the Senate:
A global survey of 15-year-olds show the US still has far to go to prepare the next generation to grasp complex financial products such as mortgages. To prevent another crisis like the one in 2008, young Americans need financial literacy.
Credit card debt and credit scores are already frustrating, but the Consumer Financial Protection Bureau may add to the confusion by calling for credit card companies to make credit scores available to their customers on a monthly basis. Is this a good idea?
Background checks are an absolutely vital part of the process of finding a roommate or hiring someone. Many of the steps you can take are things you can do on your own for free, but a professional service can often do a deeper job.
Many consumers are stuck constantly taking out payday loans. Hamm suggests borrowing less, swallowing pride and putting aside cash for emergencies to break the cycle.
The record-low birthrate in the US is showing no signs of bouncing back, even with the economy on the mend. Evidence is growing that huge student debt may be deterring people from starting families.