By Chris Kirkham “Salaries for recent college graduates have risen at less than half the pace for all U.S. workers since the recession, an analysis by the Federal Reserve Bank of San Francisco found. The study, released Monday, found that median...
By Tiffany Lynch “The staggering amount of student loan debt America is accruing is becoming a bigger concern for a number of experts, as debt — which increased 20 percent between 2011 and 2013 — is seemingly more overarching in...
By Jonathan Berr “Student loan debt, which has risen 20 percent to $1.2 trillion between 2011 and 2013 — surpassing every other form of non-mortgage debt — is becoming increasingly expensive.” Read more here.
By Kelly Dilworth “Five years after the Great Recession formally ended, a record number of millennials are continuing to put off homeownership, according to research released earlier this year by the U.S. Census Bureau.” Read more here.
By Kitty Lan “An African-American millennial on average needs to have an associate’s degree in order to have the same chance of being employed as a white person who only has a high school diploma.” Read more here.
By Becca Stanek “For many millennials, the future looks bleak. ‘We don’t just face dreams that are deferred, we face dreams that are destroyed,’ Emma Kallaway, executive director of the Oregon Student Association, told the Senate Subcommittee on Economic Policy...
By Abigail Bessler “African-American students need to complete two more levels of education to have the same probability of getting a job as their white peers, a new study by Young Invincibles finds.” Read more here.
By Emily Deruy, Alicia Menendez, and Jorge Ramos “A proposal from Sen. Elizabeth Warren (D-Mass.) aimed at letting student borrowers with older loans refinance at lower rates failed to pass the Senate on Wednesday.” Read more here.
By Matt Krupnick “Borrowers routinely refinance mortgages and other loans when interest rates drop. So why not student loans? Refinancing options for student-loan debt have been hard to come by, but a handful of promising developments are giving borrowers better chances...
By Maggie Severns and Allie Grasgreen “The Senate on Wednesday voted not to move forward on a bill from Sen. Elizabeth Warren that would have allowed an estimated 25 million people with older student loans to refinance that debt at...