great recession 经济大萧条
in the second half of the year
consumer confidence index
realtor 房地产经纪人
existing homes
new single-family houses
job losses
unemployment
jobless
mortgage 抵押
finance professor 金融教授
economic downturn 经济低迷期
drive up 抬升
California, Florida, Arizona and Nevada drove up the national numbers
the early eighties 上世纪80年代
Unemployment was almost nine percent in April, the highest since the early eighties.
live beyond their means 入不敷出
It says many seem to use them to live beyond their means --to spend more than they have.
student loan company 贷款市场协会
joint responsibility 连带责任
persuade students 劝说学生
counseling session 咨询会
credit card 信用卡
Debit card 借记卡
take effect 生效
college advisers 大学辅导员
budget 预算
expenses 花费
balance 结欠款
finance charges 财务费用
borrowers 借款人