All articles tagged with #economic well being
A recent study by the Ludwig Institute reveals that most Americans, especially the bottom 60% of households, can no longer afford a minimal quality of life due to rising costs in housing, healthcare, and other essentials, making the American dream increasingly out of reach for many.
Five Colorado cities, including Colorado Springs and Denver, have been named among the top 100 best-performing large cities in the U.S. according to a new study by the Milken Institute. The study considered factors such as job growth, affordable housing, and high-tech industries. While Denver ranks high overall, it lags in housing affordability and short-term job growth. Other Colorado cities like Fort Collins, Boulder, and Greeley also made the list, with most showing an increase in rank compared to the previous year.
A new report from the Jain Family Institute reveals that much of the $1.8 trillion in student debt won't ever be repaid, and the government is poised to take a bath on its student loan portfolio. The report cites the ever-increasing cost of college, decreased state funding of higher education, stagnant wages, and more higher education requirements as factors contributing to non-repayment. The three-year payment pause has been a temporary reprieve, but once payments resume in October, all of the financial progress borrowers made over the past three-plus years will be reversed. The new income-driven repayment plan proposed by the Biden administration could exacerbate the non-repayment.