Tag: income
Marketplace recently estimated that a family’s common expenses have increased 30 percent since the 1990s. This was based on the inflation-adjusted prices for 11 necessities and small luxuries, from food, housing, college, and medical care to movie tickets and air fare. On the income side of the household ledger, one well-known study estimates that the lifetime, inflation-adjusted incom…
It’s usually not talent or street smarts or brains that make people wealthy and comfortable. It’s the luck of having rich parents. But there is another way to get there, one that is within reach: becoming the first generation in the family to earn a college degree. A new study by the Federal Reserve Bank…
