Filed under: Retirement The rising student debt crisis is hardly news: With hiring slow and tuitions high, the financial outlook has been bleak for many young college grads for quite a while. But according to some analysts, the college loan crisis has moved well beyond fresh-faced Gen Y’ers. Now, an older cadre is finding itself buried under the weight of unserviceable loans.

Filed under: College Finance Forget the old comic book collection in the attic or the cabinet full of new-in-box Star Wars collectibles — for middle-class Americans looking to build a secure, stable financial life, there are three traditional investments: a college degree, a house and a retirement account. For decades, these were sufficient to offer a reasonable shot at long-term prosperity, but over the past few years, that classic tripod has gone wobbly. Roller-coastering financial markets have devastated retirement..

Filed under: People , Personal Finance , Entertainment Allen Iverson has been living larger than his game, and the high life is finally catching up to him. A Georgia judge is having the former NBA star’s bank account commandeered over an $860,000 debt to a jeweler that he can’t pay. Who runs up nearly a seven-figure tab at a jewelry store?

Filed under: Video , Economizer With unemployment high and wages stagnant, now’s a rough time to be entering the job market. Historically , when an unwelcoming economy awaits, graduating college students tend to run for grad school.

Filed under: Debt It can happen days, months, or years after getting your first credit card. One day you look at the bill, and the minimum payment is almost out of reach. Years of purchases, enumerated monthly on sheets of paper, spell out what seems to be a lifetime of repayments and a small fortune in interest accrual.