{"id":295549,"date":"2021-07-10T03:48:00","date_gmt":"2021-07-10T00:48:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/extra-credit-the-language-of-consumer-debt-is-rife-with-moral-undertones-read-marketwatchs-new-extra-credit-column\/"},"modified":"2021-07-10T03:48:00","modified_gmt":"2021-07-10T00:48:00","slug":"extra-credit-the-language-of-consumer-debt-is-rife-with-moral-undertones-read-marketwatchs-new-extra-credit-column","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/extra-credit-the-language-of-consumer-debt-is-rife-with-moral-undertones-read-marketwatchs-new-extra-credit-column\/","title":{"rendered":"#Extra Credit: \u2018The language of consumer debt is rife with moral undertones\u2019: Read MarketWatch\u2019s new \u2018Extra Credit\u2019 column"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a23d33de0e87\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a23d33de0e87\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/extra-credit-the-language-of-consumer-debt-is-rife-with-moral-undertones-read-marketwatchs-new-extra-credit-column\/#This_week_we_look_at_student-loan_borrowers_who_could_miss_out_on_the_child_tax_credit_the_perils_of_income-sharing_agreements_baby-bond_accounts_%E2%80%94_and_more\" >This week, we look at student-loan borrowers who could miss out on the child tax credit, the perils of income-sharing agreements, baby-bond accounts \u2014 and more<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/extra-credit-the-language-of-consumer-debt-is-rife-with-moral-undertones-read-marketwatchs-new-extra-credit-column\/#The_governments_debt-collection_powers\" >The government\u2019s debt-collection powers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/extra-credit-the-language-of-consumer-debt-is-rife-with-moral-undertones-read-marketwatchs-new-extra-credit-column\/#%E2%80%98Democratizing_trust_accounts\" >\u2018Democratizing trust accounts\u2019<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/extra-credit-the-language-of-consumer-debt-is-rife-with-moral-undertones-read-marketwatchs-new-extra-credit-column\/#Are_income-sharing_agreements_predatory_loans\" >Are income-sharing agreements predatory loans?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/extra-credit-the-language-of-consumer-debt-is-rife-with-moral-undertones-read-marketwatchs-new-extra-credit-column\/#Jillian_Berman\" >Jillian Berman<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#Extra Credit: \u2018The language of consumer debt is rife with moral undertones\u2019: Read MarketWatch\u2019s new \u2018Extra Credit\u2019 column<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"This_week_we_look_at_student-loan_borrowers_who_could_miss_out_on_the_child_tax_credit_the_perils_of_income-sharing_agreements_baby-bond_accounts_%E2%80%94_and_more\"><\/span>\n  This week, we look at student-loan borrowers who could miss out on the child tax credit, the perils of income-sharing agreements, baby-bond accounts \u2014 and more<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div class=\"article__side\">\n<div class=\"container--sticky not-active\">\n<div id=\"cx-next\" data-nosnippet>\n              <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000331259\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div data-layout=\"\n                inline\" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetArticleReader\n              \n              inline\n  article__inset\n          article__inset--type-InsetArticleReader\n              article__inset--inline\n  \"><\/p>\n<div class=\"media-object-article-reader\">\n<div class=\"audioplayer\" data-sbid=\"WP-MKTW-0000331259\" role=\"region\" aria-label=\"Listen to Article\" tabindex=\"-1\" id=\"articlereader\" data-show-title=\"false\" data-theme=\"wsj-article-reader\" data-show-header=\"false\" data-show-subscribe=\"false\" data-ads-enabled=\"true\" data-save-publication=\"false\">\n        <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>       <em><strong>Hello and welcome to Extra Credit, a weekly look at the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> through the lens of consumer debt. Your monthly car or student-loan bill may not seem like an obvious frame through which to look at the world, but I\u2019m here to argue that what we borrow and lend \u2014 and the way we talk about it \u2014 can explain a lot about the most pressing questions in our lives and communities.\u00a0<\/strong><\/em><\/p>\n<p> Businesses and investors regularly borrow money to juice their own returns, but the language we use to describe this behavior, \u201cleverage,\u201d is s<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/trip-and-travel\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Trip &amp; Travel\" target=\"_blank\" rel=\"noopener\">trip<\/a>ped of the baggage of actually owing anyone anything. By contrast the language of consumer debt is rife with moral undertones: a consumer who is behind on their loan payments is delinquent, a word with all sorts of negative connotations that go beyond the financial obligation.\u00a0<\/p>\n<div class=\"paywall\">\n       These are some of the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">theme<\/a>s I\u2019ve explored covering America\u2019s massive student-loan burden. I\u2019ve seen mainstream views on student loans morph from the idea that they\u2019re an obligation borrowers must pay back to the idea student debt is unjust given how it was created and who it impacts the most.\u00a0<\/p>\n<p>Now, I\u2019m extending that approach to other types of debt and I hope you\u2019ll follow along as I dive in. In the business world and financial <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>, this area of coverage \u2014 student loans, mortgages, credit cards and other credit products \u2014 are often referred to, somewhat sterilely, as consumer finance. <\/p>\n<p>But here, we\u2019re going to try to cut through that jargon and call these obligations what they are: debt.<\/p>\n<p><strong><em>This is very much an experiment in progress, so I would appreciate your feedback. Email me with comments, concerns or tips for topics to cover at <\/em><\/strong><strong><em>jberman@marketwatch.com<\/em><\/strong><strong><em>!<\/em><\/strong><\/p>\n<h4><span class=\"ez-toc-section\" id=\"The_governments_debt-collection_powers\"><\/span><strong>The government\u2019s debt-collection powers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Perhaps counterintuitively, the most ambitious plan in a generation to reduce child poverty is also highlighting the extraordinary powers the government has to collect on debt that it\u2019s owed by its citizens.\u00a0<\/p>\n<p>When borrowers default on their student loans, the feds can seize their Social Security benefits, wages and tax refunds to repay the debts, including the recently expanded child tax credit.\u00a0<\/p>\n<p>The credit provides qualifying families with up to $300 per month for every child under six-years old and $250 per child, for kids ages six to 17. Single parents earning up to $75,000 per year are eligible for the full payment, $150,000 is the cutoff for married couples filing jointly and $112,500 for people filing as head of household. (Read more of MarketWatch reporter\u2019s Andrew Keshner\u2019s coverage of the expanded child tax credit here).\u00a0<\/p>\n<p>Research from Columbia University\u2019s Center of Poverty and Social Policy indicates that the credit combined with other elements of the Biden administration\u2019s American Rescue Plan passed earlier this year could lift 5 million children out of poverty, cutting the child poverty rate in half.\u00a0<\/p>\n<div id=\"cx-membership-tile\"><\/div>\n<p>But advocates <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/protectborrowers.org\/without-action-millions-of-families-will-be-denied-bidens-top-anti-poverty-lifeline-because-of-student-loans\/\" class=\"icon none\">warn<\/a> that impact could be blunted by the way the government treats the roughly 9 million borrowers in default on their student loans.\u00a0<\/p>\n<p>That these families could lose some of the funds next tax season is \u201cincredibly problematic,\u201d said Persis Yu, the Director of the Student Loan Borrower Assistance Project at the National Consumer Law Center.\u00a0 \u201cIt defeats the point of these programs first of all, and it unnecessarily punishes families and their children because they couldn\u2019t afford their student loans,\u201d she said.\u00a0<\/p>\n<p>Yu and others have been raising alarm for years about the government seizing borrowers\u2019 Earned Income Tax Credit, money the government gives to low and moderate-income working families that members of both parties support as a tool for reducing poverty. One lawyer who represents low-income student loan borrowers described this practice to me in 2018 as \u201cmorally suspect.\u201d\u00a0\u00a0<\/p>\n<p>Now, Yu\u2019s organization and the Student Borrower Protection Center are calling on the Biden administration to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/protectborrowers.org\/without-action-millions-of-families-will-be-denied-bidens-top-anti-poverty-lifeline-because-of-student-loans\/\" class=\"icon none\">bring defaulted borrowers current<\/a>, in part to protect their expanded child tax credit. They\u2019re also urging congress <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/sylviagarcia.house.gov\/media\/press-releases\/congresswoman-sylvia-r-garcia-reintroduces-stop-earned-income-tax-credit-and\" class=\"icon none\">to pass a bill<\/a> that would protect the child tax credit and EITC from seizure permanently.\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"%E2%80%98Democratizing_trust_accounts\"><\/span><strong>\u2018Democratizing trust accounts\u2019<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>A recent announcement from New York City has me thinking about the other side of the net worth ledger \u2014 assets \u2014 and how important they are to feeling free to plan for your future.\u00a0<\/p>\n<p>Broader recognition of this idea and the huge disparity in assets between white and Black households has fueled interest in baby bonds, accounts for every child with enough seed funding and investment from the government that by the time the child is a young adult they have enough money to invest in wealth-building asset of their own, like a house or education.\u00a0<\/p>\n<p>New York City was the latest to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www1.nyc.gov\/office-of-the-mayor\/news\/442-21\/recovery-all-us-mayor-de-blasio-taskforce-racial-inclusion-equity-announce\" class=\"icon none\">ride the buzz<\/a> when officials announced in June that as part of the city\u2019s Juneteenth Economic Justice plan it will create a universal baby-bond program, providing every public-school kindergartener with a college savings account and $100 in seed funding.\u00a0<\/p>\n<div data-layout=\"inline\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetPullQuote\n            inline\n    scope-web|mobileapps\n  article__inset\n          article__inset--type-InsetPullQuote\n            article__inset--inline\n  \"><\/p>\n<div class=\"wsj-article-pullquote article__inset__pullquote \">\n<p class=\"pullquote-content article__inset__pullquote__quote\">\n        <span class=\"l-qt article__inset__pullquote__mark--left\">\u201c<\/span><br \/>\n        New York City was the latest to ride the buzz when officials announced in June that as part of the city\u2019s Juneteenth Economic Justice plan it will create a universal baby-bond program.<br \/>\n        <span class=\"r-qt article__inset__pullquote__mark--right\">\u201d<\/span><\/p><\/div>\n<\/p><\/div>\n<p>       If New York City\u2019s program sounds a bit different from baby bonds that\u2019s because it is. In order for an initiative to make a dent in wealth disparities it needs to have a few key features, according to Darrick Hamilton, an economist at the New School and one of the architects of baby bonds.\u00a0<\/p>\n<p> For one, the funding should be an endowment from the government that\u2019s large enough so by the time the account-holder reaches young adulthood it can make a meaningful difference in their lives \u2014 not simply a tool to encourage saving through seed and match funding. In addition, reckoning with racial and economic inequality means the investment should be progressive, Hamilton said.\u00a0<\/p>\n<p>\u201cIt is democratizing trust accounts in a way that\u2019s not limited by birthright,\u201d he said.\u00a0<\/p>\n<p>New York City\u2019s program looks more like an idea that\u2019s distinct from, but related to, baby bonds: Children\u2019s Savings Accounts. Over the past couple of decades, localities across the country have been providing young children with college savings accounts and seeding them with small amounts of funding.\u00a0<\/p>\n<p>These accounts did a couple of things: actually provide a mechanism for low-income people to save \u2014 financial products for this demographic can often be hard to find or predatory \u2014 and pushed students towards college.\u00a0\u00a0<\/p>\n<p>In thinking about baby bonds, Hamilton said he built off research and discussion of these accounts. \u201cThey did a whole lot of work shifting the conversation beyond income and talking about asset poverty and asset security and also addressing the question \u2014 can poor people save? Of course, poor people can save,\u201d he said.\u00a0<\/p>\n<div data-layout=\"inline\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetPullQuote\n            inline\n    scope-web|mobileapps\n  article__inset\n          article__inset--type-InsetPullQuote\n            article__inset--inline\n  \"><\/p>\n<div class=\"wsj-article-pullquote article__inset__pullquote \">\n<p class=\"pullquote-content article__inset__pullquote__quote\">\n        <span class=\"l-qt article__inset__pullquote__mark--left\">\u201c<\/span><br \/>\n        \u2018Unless the government, philanthropists and others provide a significant amount of money, baby bonds won\u2019t narrow the gulf in wealth between Black and white and rich and poor households.\u2019<br \/>\n        <span class=\"r-qt article__inset__pullquote__mark--right\">\u201d<\/span><\/p>\n<p>        <small><br \/>\n          <span class=\"inset-author article__inset__pullquote__author\">\u2014 William Elliott, University of Michigan<\/span><br \/>\n        <\/small><\/p><\/div>\n<\/p><\/div>\n<p>       But unless the government, philanthropists and others provide a significant amount of money, the accounts won\u2019t narrow the gulf in wealth between Black and white and rich and poor households, said William Elliott, a professor of social work at the University of Michigan, who has been studying children\u2019s savings accounts for years.\u00a0<\/p>\n<p> \u201cEducation in itself will never reduce wealth inequality in America, it can be a part of it and it\u2019s really important, but if we\u2019re talking about inequality, you\u2019ve got to have wealth and start off with assets,\u201d he said.<\/p>\n<p>The debt model of financing school we have now means that the opposite happens: Americans start young adulthood with liabilities, he said.\u00a0<\/p>\n<p>Elliott said he\u2019s hopeful that a model like the one in New York, which is planning to leverage the city\u2019s spending through philanthropy, investment returns and other means can help bridge the gap between children\u2019s savings accounts and baby bonds. Already, young New Yorkers and their families can access more than the initial $100 in a variety of ways. In addition, community fundraisers have bolstered some of the accounts, including at New York City Housing Authority\u2019s Astoria Houses, where students already have over $1,000 in their accounts, according to the city.\u00a0\u00a0<\/p>\n<p>More localities hopping on board to the baby-bond concept could also encourage the federal government to launch its own baby bond program. In Connecticut, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ctmirror.org\/2021\/06\/09\/ct-to-give-baby-bonds-to-every-child-born-into-poverty\/\" class=\"icon none\">lawmakers recently passed legislation<\/a> that would provide $3,200 to every child born into poverty \u2014 funds that are expected to grow to nearly $11,000 by the time those children turn 18.\u00a0 The feds are the only entity with a big enough budget and the budget flexibility necessary to make widespread baby bonds fiscally viable, Hamilton said.\u00a0<\/p>\n<p>\u201cI applaud states that are taking the initiative because that\u2019s how we build momentum,\u201d he said.\u00a0\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Are_income-sharing_agreements_predatory_loans\"><\/span><strong>Are income-sharing agreements predatory loans?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>During my time covering student debt, I\u2019ve been pitched countless stories about surprising ways to fix the student-debt crisis, but only one has really gained traction: Income-share agreements.\u00a0<\/p>\n<p>Under these deals, students pledge a portion of their future earnings in exchange for tuition financing. Several four-year colleges, including Purdue University and University of Utah, offer ISAs and a major philanthropic effort directed towards HBCU students is planning to provide funding to students essentially in the form of an ISA.\u00a0<\/p>\n<p>They\u2019ve also taken off among coding bootcamps and other programs that don\u2019t have access to federal financial aid \u2014 a pattern that\u2019s worrying to consumer advocates. In fact, one recent lawsuit alleges that a company providing computer-<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/sciencee\/\" data-internallinksmanager029f6b8e52c=\"5\" title=\"Science\" target=\"_blank\" rel=\"noopener\">science<\/a> education misled students about the cost of their income-share agreements.\u00a0<\/p>\n<p>What will be critical to whether ISAs take off more widely is how they\u2019re defined. That\u2019s a battle supporters and detractors have been waging in the media and elsewhere over the last few years. To investors, philanthropists and the schools that offer ISAs, they\u2019re a way to help students pay for college that protects against bad luck \u2014 ISA holders only pay when their income is at a certain threshold \u2014 and don\u2019t have the psychological weight of a traditional student loan.\u00a0<\/p>\n<p>But to detractors, the agreements are just debt by a different name. As Melody Sequoia, the lawyer representing the students in the recent ISA lawsuit put it: \u201cISAs were presented as new and novel and innovative, but they\u2019re really not,\u201d Sequoia said, noting that the federal student-loan program <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/studentaid.gov\/manage-loans\/repayment\/plans\/income-driven\" class=\"icon none\">allows borrowers<\/a> to repay their debt as a percentage of their income. <\/p>\n<p>\u201cThis is a loan, even if they say it\u2019s not. The reason it\u2019s a loan is because the student doesn\u2019t pay up front and instead they agree to pay more at a later time,\u201d she said.<\/p>\n<p>Whether ISAs are loans or something else may seem like semantics. But how they\u2019re defined will impact how they\u2019re regulated. ISA supporters are pushing for clearer guard rails around the products \u2014 an effort that consumer advocates say is aimed at carving them out from anti-discrimination laws that cover traditional debt.\u00a0<\/p>\n<p>We\u2019ll be watching to see how it plays out.\u00a0<\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>      <span>By<\/span><\/p>\n<div class=\"author  hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Jillian Berman\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Jillian_Berman\"><\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/marketwatch.com\/author\/jillian-berman?mod=MW_author_byline\">Jillian Berman<\/a><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B20C05575-04D4-B545-750D-FBF31AC1B702%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#Extra Credit: \u2018The language of consumer debt is rife with moral undertones\u2019: Read MarketWatch\u2019s new \u2018Extra Credit\u2019 column&#8221; This week, we look at student-loan borrowers who could miss out on the child tax credit, the perils of income-sharing agreements, baby-bond accounts \u2014 and more Hello and welcome to Extra Credit, a weekly look at the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":295550,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-295549","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/295549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=295549"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/295549\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/295550"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=295549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=295549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=295549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}