Research shows impact of student debt on small business creation

Small business creation—a critical economic engine—is significantly hampered in areas of the country where residents carry more substantial student loan debt, according to research co-authored by Brent W. Ambrose of the ...

Financial education key to reducing student loan stress

It is estimated that a quarter of American adults currently have student loans to pay off, and most do not have the financial literacy to manage debt successfully. The average student in the Class of 2016 has $37,172 in student ...

How student debt impacts the racial wealth gap

With an increasing number of young Americans accumulating student debt as they strive for a higher degree and a more secure economic future, their growing financial burden has been highlighted by the media and lawmakers. ...

Is student debt responsible for 'boomeranging' among young adults?

While student loan debt has reached an all-time high, with the average college graduate owing $30,000 in student loans, it does not increase young adults' risk of "boomeranging" or returning to their parental home, according ...

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