Archive:
How much teenagers must borrow for college often depends on whether their parents can help foot the bill – and how much they can afford. Fresh data from a survey by Sallie Mae, the private college lender, shed light on how low-, middle- and high-income families find the money to pay for a college education…
The brief’s key findings are: The 2015 Trustees Report shows little change from last year: Social Security’s 75-year deficit declined modestly from 2.88 percent to 2.68 percent of payroll. The deficit as a percent of GDP remains at about 1 percent. Trust fund exhaustion moved back slightly from 2033 to 2034, after which payroll taxes…