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Tag Archives: percent

Students Loans Affect Adult’s Future Plans, Family Relationships

The burden of student loan debt is negatively affecting many crucial life decisions of the adults as they struggle to pay off their debts, new research sponsored by Teachers Insurance and Annuity Association of America-College Retirement Equities Fund (TIAA) found. The year-long study conducted by the MIT AgeLab found student …

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India’s Miners of Glittery Mica Deadlocked in Debt Traps

Miners of mica, a multipurpose mineral widely used in the global cosmetics, automotive and electronics industries, are unable to pay off loans with exorbitant interest rates to local money lenders, including mica traders, deadlocking many in debt traps and risks of bondage.  Annual rates over 200 percent are common and …

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How medical bills are affecting families with kids: 7 report findings

While only 5.2 percent of children were uninsured in 2017, many children that year remained in families with challenges obtaining health insurance coverage and paying medical bills, according to a new analysis from the Urban Institute. For the analysis, researchers examined changes in the share of children in families who reported challenges …

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Why Are Ideologues Trying to Downplay Poverty and Economic Inequality?

September 12, 2019 Jenice R. RobinsonCommunications Director September 12, 2019 Since 2013, the Federal Reserve has released an annual survey on family economic wellbeing that, among other things, asks respondents whether they could cover a $400 emergency expense. The latest survey released in May revealed that nearly 40 percent of people say …

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