Economics

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Student Loan Debt Statistics [2024]: Average + Total Debt

Find student loan debt statistics, including the national debt balance, average individual balance, and annual growth rates.

The average federal student loan debt balance is $37,088, while the total average balance (including private loan debt) may be as high as $39,981. Less than 2% of private student loans enter default as of 2021’s fourth financial quarter (2021 Q4). The average public university student borrows $32,637 to attain a bachelor’s degree.

College

joelwmiller·educationdata.org·Mar 5, 2024

Student Loan Debt Statistics [2024]: Average + Total Debt

American Airlines to buy 260 new planes from Boeing, Airbus and Embraer to meet growing demand

American Airlines is ordering 260 new planes to meet growing travel demand and increase the airline’s supply of premium seats.

Supply

derek68·apnews.com·Mar 5, 2024

American Airlines to buy 260 new planes from Boeing, Airbus and Embraer to meet growing demand

Plastic recycling is a scam

The fossil fuel industry has known for decades that recycling alone won't solve the plastic crisis. But it's spending millions to convince the public otherwise.

Economics of.... ideas

derek68·heated.world·Mar 5, 2024

Plastic recycling is a scam

Apple fined $2b over music streaming competition

The European Commission hit Apple with a $1.8 billion dollar fine after concluding that the company used its dominance to restrict music streaming competition.

Music

derek68·morningbrew.com·Mar 5, 2024

Apple fined $2b over music streaming competition

All About the Business Cycle: Where Do Recessions Come From? | St. Louis Fed

Where do recessions come from?

Economic Indicators

derek68·research.stlouisfed.org·Mar 5, 2024

All About the Business Cycle: Where Do Recessions Come From? | St. Louis Fed

Data Considered for the NBER Turning Points - St. Louis Fed

Explore resources provided by the Research Division at the Federal Reserve Bank of St. Louis.

Economic Indicators

derek68·fredaccount.stlouisfed.org·Mar 5, 2024

Data Considered for the NBER Turning Points - St. Louis Fed

US Business Cycle Expansions and Contractions

Economic Indicators

derek68·nber.org·Mar 5, 2024

US Business Cycle Expansions and Contractions

Why It Was Almost Impossible to Make the Blue LED

The blue LED was supposed to be impossible—until a young engineer proposed a moonshot idea. Head to https://brilliant.org/veritasium to start your free 30-da...

Innovation

derek68·youtube.com·Mar 5, 2024

Why It Was Almost Impossible to Make the Blue LED

Saudi Arabia, Russia and several OPEC+ producers extend voluntary crude supply cuts until end of June

Several members of the OPEC+ alliance had in November voluntary supply cuts totaling 2.2 million-barrel-per-day cut for the first quarter of this year.

Supply/Demand/Prices

derek68·cnbc.com·Mar 5, 2024

Saudi Arabia, Russia and several OPEC+ producers extend voluntary crude supply cuts until end of June

Bananas: One of the few items untouched by inflation

The U.S. imports more bananas than any other country, and they've never cost more than $1.

Supply/Demand/Prices

derek68·axios.com·Mar 4, 2024

Bananas: One of the few items untouched by inflation

These companies tried a 4-day workweek. More than a year in, they still love it

Most of the companies in a U.K. trial were so pleased with the results — improved wellbeing, lower turnover, greater efficiency — they've made the four-day workweek permanent.

Productivity

derek68·npr.org·Mar 1, 2024

These companies tried a 4-day workweek. More than a year in, they still love it

A woman who saved $10,000 on her Indian wedding said in order to cut costs, you should put yourself first and not compete with other couples

Indian weddings are typically lavish, multi-day celebrations that can cost hundreds of thousands of dollars. Some couples are moving away from that.

Economics of.... ideas

derek68·businessinsider.com·Mar 1, 2024

A woman who saved $10,000 on her Indian wedding said in order to cut costs, you should put yourself first and not compete with other couples

Phillies scrap Dollar Dog Night, cite fan behavior

The Phillies have ended the popular $1 Hot Dog Night promotion, citing "the organization's ongoing commitment to provide a positive experience for all fans in attendance."

Supply/Demand/Prices

derek68·espn.com·Feb 29, 2024

Phillies scrap Dollar Dog Night, cite fan behavior

Why Panera is exempt from California’s minimum wage law

Bloomberg said the law’s bread exemption stems from Gov. Gavin Newsom’s friendship with a Panera Bread franchisee.

Minimum Wage

derek68·morningbrew.com·Feb 29, 2024

Why Panera is exempt from California’s minimum wage law

Apple Dials Back Car’s Self-Driving Features and Delays Launch to 2028

Apple Inc., reaching a make-or-break point in its decade-old effort to build a car, has pivoted to a less ambitious design with the intent of finally bringing an electric vehicle to market.

Sunk Costs

derek68·bloomberg.com·Feb 28, 2024

Apple Dials Back Car’s Self-Driving Features and Delays Launch to 2028

The wealthy are cutting the line at the airport, Disney World and ski resorts | CNN Business

Cutting in front of someone who’s been waiting patiently in line used to be unethical, bad manners, taboo. Now, businesses are letting people pay for the privilege of skipping the line.

Opportunity Cost

derek68·cnn.com·Feb 27, 2024

The wealthy are cutting the line at the airport, Disney World and ski resorts | CNN Business

Mass Production Process of Making Wooden Shovels. Steel Plate Factory in Korea.

Mass Production Process of Making Wooden Shovels. Steel Plate Factory in Korea.😀 Thank you for watching our video!❌ This video does not contain paid adverti...

Factors of Production

derek68·youtube.com·Feb 27, 2024

Mass Production Process of Making Wooden Shovels. Steel Plate Factory in Korea.

How to choose the streaming services that are right for you

Costs have gone way up and there are so many options — but we are here to help. NPR TV critic Eric Deggans suggests some streaming strategy best practices and looks carefully at the major providers.

Subscriptions & Spending

derek68·npr.org·Feb 27, 2024

How to choose the streaming services that are right for you

Why Are There Suddenly So Many Car Washes?

Fueled by private equity and a subscription-based business model, the auto wash industry is flooding the US with new outlets. Some towns and cities have had enough.

Economics of.... ideas

derek68·bloomberg.com·Feb 27, 2024

Why Are There Suddenly So Many Car Washes?

FTC sues to block supermarket merger

The agency alleges that the merger would lead to higher prices for customers.

Market Structures

derek68·morningbrew.com·Feb 27, 2024

FTC sues to block supermarket merger

Cities are leaving parking up to the market

Why major US cities are finally ditching parking mandates

Housing

derek68·morningbrew.com·Feb 24, 2024

Cities are leaving parking up to the market

Robots and happy workers: Productivity surge helps explain US economy’s surprising resilience

The result has been an unexpected productivity boom, which helps explain a great economic mystery: How has the world’s largest economy managed to remain so healthy, with brisk growth and low unempl…

Productivity

derek68·macombdaily.com·Feb 24, 2024

Robots and happy workers: Productivity surge helps explain US economy’s surprising resilience

FitMoney | The K12 Financial Literacy Curriculum

FitMoney providees free, unbiased financial literacy programs to empower K-12 students with critical life skills for a financially fit future.

Personal Finance

derek68·fitmoney.org·Feb 23, 2024

FitMoney | The K12 Financial Literacy Curriculum

The Tooth Fairy's going rate for lost teeth has dropped for first time in 5 years

How much the Tooth Fairy gives for a lost tooth in 2024 has dropped with cooling inflation.

Economic Indicators

derek68·axios.com·Feb 23, 2024

The Tooth Fairy's going rate for lost teeth has dropped for first time in 5 years

Half of College Grads Are Working Jobs That Don’t Use Their Degrees

Choice of major, internships and getting the right first job after graduation are critical to career paths, new data show.

College

derek68·wsj.com·Feb 23, 2024

Half of College Grads Are Working Jobs That Don’t Use Their Degrees

We landed on the moon again

Intuitive Machines’s Odysseus lander is the first US spacecraft to land on the moon since Apollo 17 in 1972.

Space

derek68·morningbrew.com·Feb 23, 2024

We landed on the moon again

Tree canopy among city’s top green goals

STERLING HEIGHTS — During a Jan. 30 strategic planning session, Sterling Heights city officials were invited to “Think Sterling Green” in fresh new ways, including a plan to start reforesting the city’s tree canopy.

Thinking at the Margin

derek68·candgnews.com·Feb 23, 2024

Tree canopy among city’s top green goals