jonath
Income Driven Repayment: Who needs student loan payment relief?
June 2022 In March 2020, the federal government paused payments on all $1.5 trillion of federal student loans then outstanding in order to provide financial relief to borrowers during the COVID-19 pandemic.1 Federal student loans now total $1.6 trillion spread across 43 million borrowers. With the p
The Purchasing Power of Household Incomes from 2019 to 2022
October 2022 The rise in inflation since mid-2021 to multi-decade highs presents a worrying trend for households’ financial health, particularly if nominal incomes, or non-inflation adjusted income, of financially vulnerable families lag behind prices. Policymakers have noted that lower income house
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