Gen Z Struggling with Low Income, Higher Debt-to-Income Ratio
Recent research shows that Gen Z is struggling financially, with lower incomes and higher debt-to-income ratios than when Millennials were their age. a study According to consumer credit reporting agency TransUnion, a survey of 614 Gen Z adults who are currently 22 to 24 years old and 623 Millennials who were 22 to 24 years […]
Race-based, higher ed funding formula advocates want state to cover student costs
(The Center Square) – A new, more “equitable” higher education funding formula being discussed at the Illinois statehouse would transfer student costs such as tuition to taxpayers. “Equitable funding formula for higher education” was the subject matter of a hearing in Springfield of the Illinois House Appropriation-Higher Education Committee. The proposed new formula for the […]
HART: Foolish College Antics Accelerate Downward Spiral Of Higher Education
Note: This is a satirical piece. The liberal islands of college campuses continue to fail us. A look at the response to the Arab Spring Break protests across the country tells you all you need to know. At my alma mater (or most state universities), this didn’t happen because kids had to find jobs after […]
Buffett predicts higher taxes due to rising deficit
Treasury Secretary Janet Yellen talks about the Biden budget, the US dollar, and FinCEN in an exclusive interview with FOX Business. billionaire warren buffett Rather than cutting spending, the federal government believes it will increase taxes in the future to address the growing budget deficit. “I think a tax increase is likely,” Buffett said Saturday. […]
Threats to Jewish Students a ‘Real Crisis Across Higher Education’
On FNC’s “Hannity” on Friday, Rep. Elise Stefanik (R-N.Y.), the chair of the House Republican Conference, told stand-in host Kayleigh McEnany that the House Republican Party would not support Jewish students in American colleges and universities. He said he was expanding the investigation into threats against students. She said the threat to Jewish students, especially […]
Higher education’s descent into chaos with anti-Israel protests leads to the question — who is behind this mass indoctrination?
Higher education’s descent into madness has led me to ask a simple but important question. Who funds the education of many of the nation’s best and brightest (allegedly) college students at top schools? Are you there? ? Sorry, but the pure ideology of pushing left-wing academic bias in the core curriculum is not the same […]
Mortgage rates push higher with no relief in sight: Freddie Mac
As mortgage rates remain high, homebuyers are looking for ways to lower costs. (iStock) The Federal Reserve is unlikely to reverse its restrictive policy stance anytime soon, pushing mortgage rates further into the 7% range, according to Freddie Mac. The average interest rate on a 30-year fixed-rate mortgage for the week ending May 2 was […]
Fed holds interest rates higher for even longer as inflation remains high
The Fed will not lower interest rates until a certain level of inflation reaches its target rate of 2%. (iStock) The Federal Reserve Board stated: Lack of inflationary developments Interest rates have fallen over the past few months, which is why they’re holding their own at this point. The central bank announced Wednesday that it […]
Shell unveils new $3.5bn share buy-back after higher profits than expected | Shell
Shell plans to shower shareholders with a further $3.5 billion (£2.8 billion) in share buybacks in the next quarter after reporting a better-than-expected profit of almost $8 billion in the first three months of this year. The company reported first-quarter adjusted profit of $7.7 billion, lower than the $9.6 billion reported in the year-ago period […]
Consumers see higher auto payments in exchange for better borrowing rates
Car loan repayment terms have become shorter, but monthly payments have increased. (iStock) Experian recently found that rising interest rates are making long-term loans less attractive, even for borrowers with good credit. report. They’re making higher monthly payments over shorter terms in exchange for better interest rates, said Melinda Zabritsky, head of auto financial insights […]