Tag: young adults
The share of college students who must borrow to pay for their education has surged over the past decade. Average borrowing per student is also much higher than it was in 2004, though there’s evidence it might now be in decline. Only now is serious research trickling in about the personal financial fallout from t…
Teen unemployment has shot up in recent years, and their participation in the U.S. labor force has dropped to historic lows. These data were highlighted in a series of recent reports by the Federal Reserve Bank of Boston expressing concern that this trend may have long-term consequences for today’s teens, including lower lifetime wages resulting…
