News >> Browse Articles

Browse Economic & Financial Highlights Articles

  • +45

    Shocking Student Debt Statistics

    Shocking Student Debt Statistics
    Everyone wants a slice of the American Dream and, in this modern day, going to college is essential to success. Forget keeping up with the Jones’, these days Americans are finding it increasingly difficult to keep up with the very student loans they took out to help ensure future success. So, what happens when they very institution that’s supposed to safeguard ...
    Published 12 months ago | Rated: +45
  • +34

    The Price of Happiness in Each State

    The Price of Happiness in Each State
    The age-old adage says money doesn’t buy happiness. True. But, for many, it surely can help qualm financial worries and allow workers to afford the type of lifestyle they’d like. So, no, of course money doesn’t buy happiness. But, yes, it can help. Recently, the Council for Community & Economic Research published a study that details how much money a person ...
    Published about 1 year ago | Rated: +34
  • +34

    Debt Worriers

    Debt Worriers
    At this point, it’s old news that student loan rates have doubled. It’s also nothing new to hear that student debt is higher than ever, surpassing $1 trillion. Student loan debt inflicts one out of five Americans over the age of 20; two out of three college seniors (2011). The average amount is over $28,000 – not a small amount by ...
    Published 12 months ago | Rated: +34
  • +30

    Small Cities in the U.S. Paying Off Student Loan Debt for Residents

    Small Cities in the U.S. Paying Off Student Loan Debt for Residents
    Would you move if it meant someone else would pay off your student loan debt? So would we. It turns out, several smaller cities in the United States are offering just that. They’re encouraging young graduates to move to their cities and hold steady jobs, and in exchange, the city will help pay down their student loan debt. According to ABC ...
    Published almost 5 years ago | Rated: +30
  • +28

    The Best Cities for Young Adults

    The Best Cities for Young Adults
    Are you a relatively educated, culturally with-it young person looking to live in a city with same? Well, here is your list of places to live. Above, from left to right and top to bottom, are America's best metropolitan areas for young adults, as calculated by Portfolio. They picked cities with "strong growth rates, moderate cost of living, and lots of ...
    Published about 7 years ago | Rated: +28
  • +28

    Who’s Hiring for the Holidays? Companies Hiring 2014 Seasonal Employees

    Who’s Hiring for the Holidays? Companies Hiring 2014 Seasonal Employees
    The National Retail Federation, the world’s largest retail trade association and the voice of retail worldwide, estimates that the holiday shopping season accounts for about 20 percent of the industry’s annual sales. As a result, it’s clear why retailers want to ensure they’re properly staffed to handle the holiday shoppers. This year, retailers are expected to hire more than 800,000 seasonal ...
    Published over 2 years ago | Rated: +28
  • +27

    Study Reveals Why Millennials Are Broke

    Study Reveals Why Millennials Are Broke
    If you’re a broke Millennial, unfortunately, you’re not alone. Apparently, statistics show that there’s a significant reason for this, too. According to Post Grad Problems, Millennial workers’ wages are about the same today as they were in the 1980s. Yes, you read that correctly: Millennials are making the same projected salary as they would have in the 1980s. These statistics were ...
    Published about 1 year ago | Rated: +27
  • +27

    The 5 Key Components of Financial Literacy

    The 5 Key Components of Financial Literacy
    Educators work to include a wide array of studies within the required curriculum for young adults. However, according to FORBES, there’s a key component of life in which students of all ages aren’t gaining enough knowledge. Therefore, many young professionals lack this know-how as well, since they never really mastered the concepts while in school. Even though financial literacy is crucial ...
    Published about 1 month ago | Rated: +27
  • +26

    It’s Payback Time: Keeping Up with Your Student Loan Payments

    It’s Payback Time: Keeping Up with Your Student Loan Payments
    For the past four or five years, your student loans have been a nagging presence, but something that you’ve kept tucked away in the back of your mind – behind the essays, Blue Book exams and presentations. But now, it’s time to bring those pesky student loans to the forefront of your mind and get down to business on repaying them. ...
    Published almost 2 years ago | Rated: +26
  • +26

    How to Pay Off $23K in Student Loans in 10 Months

    How to Pay Off $23K in Student Loans in 10 Months
    According to a 2013 survey by One Wisconsin Institute, it takes the average borrower roughly 21 years to pay off their students loans – even on a “ten-year repayment plan.” So paying off exactly $23,375 in student loan debt in 10 months sounds impossible, right? Not for Jordan Arnold, a recent college graduate in Indiana. TIME reports that Arnold paid off ...
    Published about 1 year ago | Rated: +26
  • +26

    9 Ways to Pay Off Student Debt

    9 Ways to Pay Off Student Debt
    Do you feel like you’re drowning in debt? Many people feel like they’re never going to get out of the debt cycle. In fact, according to an annual Project on Student Debt report just released from the Institute for College Access & Success (TICAS), “Seven in 10 college seniors (71%) who graduated last year had student loan debt, with an average ...
    Published about 1 month ago | Rated: +26
  • +25

    Loan Gifting: A New Way to Help Pay Off Student Debt

    Loan Gifting: A New Way to Help Pay Off Student Debt
    When you know you have debt up to your ears that exists in your student loan account, the stress is constant. In terms of gifting, that's what you really want - and need. Understandably, family members and other loved ones may not want to give you cash because they may feel it’s boring, would prefer to see the tangible gift that ...
    Published over 1 year ago | Rated: +25
  • +25

    How to Ask Your Employer for Student Loan Assistance

    How to Ask Your Employer for Student Loan Assistance
    The student loan market – and subsequent skyrocketing student loan debt – has influenced so much of today’s economy that it has even become a component in job search and salary negotiations. Savvy job seekers are asking employers how they can effectively help them pay off student loan debt in addition to conversations about healthcare, 401K and work-life benefits. After all, ...
    Published 3 months ago | Rated: +25
  • +24

    3 Ways to Pay Off Big Student Loans Faster

    3 Ways to Pay Off Big Student Loans Faster
    The average student now graduates from college with around $30,000 in loan debt. However, the most recent data from the Council of Graduate Students states that 1.74 million students are continuing their education with Master’s and Ph.D. programs, piling on even more student loan debt. Currently, graduate student degree holders account for 40% of the over $1 trillion in total student ...
    Published 6 months ago | Rated: +24
  • +23

    New Recruiting Tool: Companies Promise to Help Pay Student Loans

    New Recruiting Tool: Companies Promise to Help Pay Student Loans
    For years, there has been the same formula to enticing new employees: health benefits, 401K and opportunities for growth. However, with the rise of millennials in the workforce has come a variety of creative benefits to lure some of the best minds to tech, financial and creative industries. These range from lounge rooms filled with ping pong tables to six-week sabbaticals ...
    Published over 1 year ago | Rated: +23
  • +23

    Low Income, Wealthy Students Compete for Aid Amidst Rising College Costs

    Low Income, Wealthy Students Compete for Aid Amidst Rising College Costs
    In the last five years, the cost of attending college has risen roughly 12%, according to CollegeBoard’s Trends in Higher Education. But what has increased at an even further alarming rate is the financial aid gap between lower income and wealthy students. The focus, which has been brought to light by Stephen Burd, a senior policy analyst at New America, found ...
    Published about 1 year ago | Rated: +23
  • +22

    Department of Education Launches New Income-Based Repayment Plan

    Department of Education Launches New Income-Based Repayment Plan
    For years, President Obama has advocated for college students and graduates, and one of his biggest proposals to help the student loan debt crisis has become a reality for millions of borrowers. This summer, both President Obama and Secretary of Education, Arne Duncan, called for changes to the current student loan repayment system, and as of the end of October, a ...
    Published over 1 year ago | Rated: +22
  • +22

    What Would You Be Willing to Do to Erase Your Student Debt?

    What Would You Be Willing to Do to Erase Your Student Debt?
    One out of seven Americans has student debt. Ask anyone and they’ll agree that the stress in paying it off can be insurmountable. Most people say they’d be willing to do just about anything to get rid of their student debt if asked, so a recent survey got into the specifics to see what people would actually do. Unsurprisingly, people would ...
    Published about 1 year ago | Rated: +22
  • +22

    For-Profit College Ordered to Pay Students $1.2 Billion

    For-Profit College Ordered to Pay Students $1.2 Billion
    Another for-profit has come under fire for its recruiting and money-making schemes. A huge victory was won this week for students that had once attended Corinthian College, according to MarketWatch. Like other for-profits that have come under federal and civil scrutiny, Corinthian advertised false graduation and job placement rates in order to attract students. After graduation, these students were unable to ...
    Published about 1 year ago | Rated: +22
  • +21

    Updates to the Total and Permanent Disability Federal Student Loan Discharge Program

    Updates to the Total and Permanent Disability Federal Student Loan Discharge Program
    Former and current college students with disabilities may not be aware of a program that allows student debt relief, and the Department of Education announced a new process to identify individuals eligible for the federal loan forgiveness program, called the Total and Permanent Disability (TPD) Federal Student Loan Discharge. The program was created to aid those who are permanently disabled and/or ...
    Published about 1 year ago | Rated: +21