Economics

Glance around the parking lot of the Woody Hayes Athletic Center at The Ohio State University this fall and you might come across a $200,000 palace on wheels, the kind of luxury ride more likely to be found in the garages of movie stars, music moguls and titans of business than on a college campus.

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Borrowers in Maryland carry an average student loan balance of $43,619.

College graduates worry that they will be stuck repaying their student loans for decades, even during retirement. The amount of time it takes to repay a student loan in full depends on the type of loan, the amount borrowed, the interest rate and the repayment plan the borrower selects, as well as the use of deferments and forbearances. Borrowers typically take no more than 16-19 years to repay their federal student loans.

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Survey respondents’ experiences in and expectations for the labor market, including earnings, job transitions, job offers, and wage expectations

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President Joe Biden announced on Wednesday a long-awaited plan to cancel billions of dollars in student debt, making good on a campaign promise to aid debt-strapped younger Americans even as some Republicans argue the move could worsen inflation.

Data on employment outcomes for new graduates and young workers

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White households are 71% more likely to own their homes than Black households.

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“What a great example of opportunity costs on display! Time is our most valuable resource and we take it for granted all too often.”

Another painful price increase.

Many Sears kit homes, which were ordered from a catalog and built by the homeowner in the early 1900s, remain standing throughout Chicagoland, evoking a sense of nostalgia for better times in the department store’s history.

As inflation continues to rise faster than incomes, lower earners are having a harder time saving and covering monthly expenses.

WASHINGTON (AP) — More than 40 million Americans could see their student loan debt reduced — and in many cases eliminated — under the long-awaited forgiveness plan President Joe Biden announced Wednesday, a historic but politically divisive move in the run-up to the midterm elections.

To paraphrase Kim Kardashian, it seems like nobody wants to conserve water these days. The celebrities are on a long list of rich and famous LA residents who received notices for excessive water use.

Twitter could face billions of dollars in fines if the allegations are true.

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Every time you pay with your credit card, it costs the store a small percentage in fees: usually around 3%. And in 2022, Visa and Mastercard raised those cre...

The real estate market is cooling off, but home prices remain high due to a lack of inventory.

Retailers were not prepared for the dramatic shift in shopper behavior.

Fish and chips are up 40%, but drinkers balk at a £6 pint of Guinness

/PRNewswire/ -- A survey of consumers with federal student loans on pause, which went into effect during the COVID-19 pandemic, reveals that only 14% of...

It isn’t just the quantity of goods that consumers buy but the quality that matters.

Spring 2022 saw 685,000 fewer students compared to last year, and projections estimate that the decline in postsecondary enrollment will continue into the fall.

Preliminary data show hybrid schedules and flexibility to work entirely from home are impacting demographics and economics more substantially than many realize.