Michelle Holshue racked up $140,000 in student loan debt while training to become a public health nurse. She's living her dream of helping others, she says, but never expected it "to be so hard." Emily Bogle/NPR hide caption

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A headline in The Record newspaper in Stockton, Cailf., tells the story of the city's plan for operating under Chapter 9 bankruptcy protection following failed talks with bondholders and labor unions. Justin Sullivan/Getty Images hide caption

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German Chancellor Angela Merkel talks with European Central Bank President Mario Draghi (left) and Italian Prime Minister Mario Monti (right) during the summit of European leaders in Brussels. Bertrand Langlois /AFP/Getty Images hide caption

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Critics of Germany's spending policy created effigies of Chancellor Angela Merkel (center) and other German leaders to stand near the chancellery in Berlin. Sean Gallup/Getty Images hide caption

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Created by the federal government during the Great Depression, Fannie Mae became a Washington powerhouse: a highly profitable, private company, protected by the government and boasting huge lobbying clout. But today, Fannie Mae has essentially become a ward of the state. Manuel Balce Ceneta/AP hide caption

itoggle caption Manuel Balce Ceneta/AP

Housing counselors say a growing number of homeowners from wealthy communities, like Laguna Beach, Calif., are seeking to modify loans on multimillion-dollar properties. shawdm/Flickr hide caption

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