Her Student Debt Was Paid in Full After A Bank Heard Her Family Story
After a former college student shared her heartbreaking family story on CNN, her $54,000 student loan was completely forgiven, thanks to a JPMorgan Chase program.
Loans to businesses have risen to a record high and bank executives say they are increasingly optimistic about the U.S. economy.
Increasing demand for bank loans often is a prelude to higher economic growth. With the U.S. government budget crisis fixed for now and Europe showing signs of economic recovery, companies feel more comfortable borrowing to invest in machinery, factories, and buildings.
(READ the story from Reuters)
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