Tuesday, 25 October 2011

KCNA On poverty and debt in US

U.S. Students Deep in Debt

Pyongyang, October 25 (KCNA) -- U.S. students borrowed an unprecedented amount of money through federal loan programs last year, putting a huge burden on the backs of young people and potentially placing a drag on the economy in the future, the USA Today reported Wednesday.

The amount of student loans taken out last year surpassed 100 billion dollars for the first time.

Full-time undergraduates borrowed an average 4 963 dollars in 2010, up 63 percent from a decade earlier after adjusting for inflation, the report said. -0-

Poverty Rates up in Most U.S. States, Cities: Census

Pyongyang, October 25 (KCNA) -- The ranks of the poor rose in almost all U.S. states and cities in 2010, U.S. Census data released on Thursday showed.

Mississippi and New Mexico had the highest poverty rates, with more than one out of every five people in each state living in poverty. Mississippi's poverty rate led, at 22.4 percent, followed by New Mexico at 20.4 percent. -0-

Child Abuses Prevail in U.S.

Pyongyang, October 25 (KCNA) -- Child abuses are prevailing in the U.S., causing a social uproar.

According to survey data available recently, one child lost life per every five hours owing to the child abuses. -0-

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