Student Loans

October 19, 2018

Recession Risk is Currently ‘Below Average’

The U.S. economic expansion is probably only in its middle stages, with the chances of a recession in the next three years at a “below average” […]
October 12, 2018

Consumers Confidence Surges and Spikes Economy

The American consumer appears to be in good shape heading into the final quarter of the year, which includes the busy holiday-shopping season. Investors will be […]
August 29, 2018

Americans Have More Debt Than Ever Before

According to the Federal Reserve Bank of New York’s Center for Microeconomic Data, increases in mortgage debt, auto loan debt, and credit card debt have resulted […]
August 24, 2018

Americans’ Biggest Financial Worry is Retirement Savings

Saving for retirement is Americans’ biggest financial worry, according to a survey by Bankrate.com. Younger Baby Boomers, those between the ages of 54 and 63, and […]
August 23, 2018

Student Loan Debt Statistics In 2018: A $1.5 Trillion Crisis

Student loan debt is now the second highest consumer debt category – behind only mortgage debt – and higher than both credit cards and auto loans.  […]
August 22, 2018

Americans Making Progress Paying Down Debts

According to the American Bankers Association, the percentage of people who are delinquent on their debts (30 days or more overdue) hit 1.73% in the first […]
July 26, 2018

Personal Loans Surge to a Record High

Personal loans surged to a record this year and are the fastest-growing U.S. consumer-lending category, according to data from credit bureau TransUnion. Outstanding balances rose about […]
July 25, 2018

Consumer Debt Increases In May

New data shows that U.S. consumer debt rose in May by the most in six months, showing that Americans were more comfortable with spending midway through […]