Mar 07 This nonprofit helps put families on a path out of poverty By Larisa Epatko Sherry Riva thinks the key to lifting people out of poverty is helping them build savings and assets, such as a home or business. Continue reading
Jun 10 Strong House vote bolsters prospects for Puerto Rico bill By Mary Clare Jalonick, Associated Press Help for debt-stricken Puerto Rico may be just weeks away as a strong House vote bolstered prospects in the Senate for a rescue package to ease the U.S. territory's crippling $70 billion debt. Continue reading
May 19 What happens when colleges warn students about loan debt? By Sophie Quinton, Stateline A growing number of students need to borrow — and borrow heavily — to finance their college educations. And giving them more information about their debt may help change their borrowing habits. Continue reading
May 06 Watch 8:24 Puerto Rican economic disaster leaves residents struggling By PBS News Hour For years, the Puerto Rican economy has been in decline, and the U.S. territory is now on the brink of disaster, with $72 billion of overall debt and an unemployment rate twice that of the mainland. As the island’s government… Continue watching
Jan 29 Why are millennials turning to payday loans and pawn shops? By Kristen Doerer More millennials are turning to payday loans and pawn shops for much needed cash -- moves that can provide immediate relief, but often result in deeper debt. Continue reading
Jan 06 Watch 3:34 Left behind by banks, poor Americans pay more to borrow By PBS News Hour It’s expensive to be poor. Unable to maintain a minimum balance or provide the necessary ID to open a bank account, many low-income Americans rely on fringe financial services like check cashing stores and payday lenders, which charge interest rates… Continue watching
Dec 07 New study ranks the colleges that produce the highest paid graduates By Vic Pasquantonio A new study released Tuesday by Georgetown University ranks 1,400 four-year colleges and universities on how much money students earn ten years after starting classes. Continue reading
Nov 26 What you didn’t know about the pilgrims: They had massive debt By Ruth A. McIntyre About 70 investors, known as merchant “adventurers,” pooled together capital and funded the pilgrims' passage. They expected, of course, a return on their investment. Continue reading
Sep 29 Beating back the college debt beast before it beats you By John Wasik You can conquer the student debt beast by saving early and often — if you’re in a position to do so. Continue reading
Jul 11 Watch 4:09 Everything you should know about Puerto Rico’s debt crisis By PBS News Hour Puerto Rico’s financial crisis has been well-documented over the last few weeks, but a new report in the Washington Post sheds light on how Congress may have played a role in the fiscal troubles being felt in the U.S. commonwealth. Continue watching