Bad Debts and Low Wages in This Week's News: Ten Words You Need to Know

With Illinois alleviating its crushing debt by trimming retirees pension plans, a federal judge ruling that Detroit's pension pledges would not be immune to a declaration of bankruptcy, and Democrats mobilizing around the issue of low wages, the vocabulary of debt is dominating this week's news.

To fully understand these unfolding news stories, learn ten key words taken from this week's New York Times and Wall Street Journal coverage with Bad Debts and Low Wages in the News: A Vocabulary List. 

Social Studies teachers: Looking for more words from current news stories? Check out our collection of news-based vocabulary lists or page through our featured lists.