Most residents earning $38,000 salaries face educational debts often greater than $150,000.
The review failed and on 11 April 2005, facing debts of over two million Euro, the club entered into examinership.
The effort was undertaken, they said, because Mr. Hubbell and his family were facing huge debts.
In early 2002, The Students continuous run came to an end when the newspaper faced "five-figure debts".
After several years, the law firm began to face mounting debts and split up.
Believing that the paper would be a means of wealth, Bourne instead soon found himself facing debts of nearly £1,600.
Lacking municipal support and facing mounting debts, the club folded in 2005.
Jordan faces a worsening economy and accumulated debts.
But by the mid-1980's, Singer faced huge debts, had sold off its flagship sewing-machine business, and was shedding other operations.
What's more, many cotton farmers face crippling debts.