Student Loan Debt (as reported by Rod Griffin on www.wisebread.com)

Americans are in debt. There is no avoiding that in the news these days. We spend money we don’t have on everything from groceries and medical expenses, to our cars, homes, and education. That last one has been a particular point of emphasis in the last few years, as politicians and policy experts across the… Read More

Being Honest About Incomes (as reported by Kathryn Vasel on money.cnn.com)

If someone were to ask you how much money you make, what you would say? Would you tell them honestly? Would you lie? Or would you tell them to take a hike? More and more, Americans are becoming comfortable talking honestly about how much they make. Millennial workers, those between the ages of 18 and… Read More

WHY AREN’T WAGES HIGHER? (AS REPORTED BY PETER COY ON WWW.BLOOMBERG.COM)

The good news is that the unemployment rate is lower now than it has been at any time since before the Great Recession. The bad news is that average wages have not risen as much as most economists would expect them to. Traditionally, the better the unemployment rate, the higher employers have to pay workers… Read More

INCOME INEQUALITY AND AGE (AS REPORTED BY ALLISON SCHRAGER ON WWW.QZ.COM)

If you pay attention to the news much these days, you are likely to hear a lot about income inequality. The fact that incomes at the very top have grown rapidly over the last several decades while everyone else’s have stagnated is a large drain on the economy. And brand new research suggests that your… Read More