Data indicates that: 70% of students have education debt at the end of their undergraduate studies 2 out of 5 loans were in financial distress within six years of issuance That means that 28% (or 70% * 40%) of student-borrowers will face financial distress and should therefore a priori understand their options. Why Relying […]
70% of College Matriculants Accumulate Student Loans College is expensive. Few families can underwrite the entire cost of attendance for multiple children over multiple years. 87% of students qualify for financial aid 40% of undergraduates work at least part-time 30%+ of students take federal student loans each year 70% of students have education debt at […]
There were 367,460 American foreclosures in 2025, an increase of 14% compared to the prior year. A double-digit growth in a negative indicator is never good news. However, the gross number of foreclosures and the relative foreclosure rate compare favorably to the years before, during and after the Great Recession of 2007 – 2010. The […]
Two critical factors that impact your investment returns are compounding and taxes. Understanding how these elements work together can help you make informed decisions and maximize your investment’s potential. Compounding allows your investments to grow at an accelerated pace because you earn investment returns on both your initial principle and the accumulated accretions from previous […]
In 1981, Professor Dorothy A. Miller published an article titled “The Sandwich Generation: Adult Children of the Aging.” Her prescient insights 4+ decades later describe intergenerational dynamics faced by many families to this day. Let’s explore five broad questions related to the “sandwich generation” term popularized by Professor Miller: What is it? How did it […]
Tuition at Cornell University for 2025 is $66K. Other top schools such as Duke, Penn, Northwestern, Stanford, or Georgetown, charge similarly. Along with additional expenses for room, board, and supplies, a 4-year degree from a leading, private institution approaches $400K. The median household income is $80K in the United States. While scholarships are available, funding […]
“One man, one vote” is the slogan – but is that always the reality? In 1783, at the end of the Revolutionary War, voting was limited to property-holding, white men, 21 or over. So reasonable reductions based on those restrictions could be: 50% due to gender 25%+ due to race (African Americans and Native Americans) […]
In our overview of generations and demographics, we presented a summary table that we are now taking a deeper dive. The Greatest Generation (GI Generation): Born 1901–1927 The final third of the 19th century include: post-Civil War reconstruction economic transition from an agrarian to industrial society germ theory knowledge modernizing medicine The United States embracing […]
The Great Depression had high unemployment, famine, and poverty. An estimated one-third of Americans were destitute, including three out of four senior citizens. As a result, the Social Security Act passed in 1935, and the Fair Labor Standards Act (FLSA) passed in 1938. The FLSA attempted to improve the environment for workers laboring for low […]