Tag: millennials
![happy older couple looking onward](https://crr.bc.edu/wp-content/uploads/2022/12/happy-older-couple-looking-onward.jpg)
Millennials are big users of payday loans, which have steep interest rates that can really mess up their finances. Remarkably, two out of five people in their mid-20s to mid-30s have used a payday loan, which is more than double the frequency for people in their late 30s, says Melody Harvey at the Pardee RAND…
![US](https://crr.bc.edu/wp-content/uploads/2018/08/US.jpg)
Rich or poor, old or young, white or black, red or blue – our differences cut many ways. But a new divide has opened up, one based on geography. Stark new evidence shows that well-paid, highly educated people have moved to high-cost coastal cities over the past decade, while lower-income, less educated people have moved…