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Tag: delaying

Seoul: Delaying joint military drills depends on North's behavior

Seoul: Delaying joint military drills depends on North's behavior

World
SEOUL, South Korea, Dec. 20 (UPI) -- The decision to delay joint military drills between South Korea and the United States next year depends on North Korea's behavior, Seoul officials said Wednesday.This comes after President Moon Jae In told NBC on Tuesday that he had asked Washington to consider holding the war games after the PyeongChang Winter Olympic Games, in order to defuse tensions with North Korea and encouraging its athletes to compete in the sporting event.North Korea has long seen the joint exercises carried out by South Korea and the U.S. as a direct threat to the regime, calling it a "rehearsal for war."While Washington is reviewing the decision, Seoul's top office said a potential delay would require the North to halt its provocations at least until the Winter Games begin, N...
Yes, student debt is delaying homeownership

Yes, student debt is delaying homeownership

Finance
How to talk to your kid about paying for collegeCollege grads have claimed for years that they were putting off buying a home because of student debt. Now, there's strong proof that their loans really have pulled down homeownership rates. About 32% of those in their 20s owned a home in 2007, but that's fallen drastically to 21% in 2016. While the poor labor market and memories of the housing bubble certainly played a role, student debt can explain up to 35% of the decline, according to a report from the Federal Reserve Bank of New York released Thursday. If it sounds small, think of it this way: about half of Americans don't go to college and some of those who do aren't dragged down by student debt. The results suggest that the rise in college costs will result in "weaker spending and w...