News: Warning: New Consumer Debt Numbers Are Scary
Rebel Capitalist News
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The Financial Behavior of Lower-Income Earners and the Impact of Student Loan Debt
This chapter explores the financial behaviors of individuals earning under $50,000 a year and how a windfall from the government can affect their financial situations. It also delves into the trend of declining median household savings and checking accounts, as well as the rising delinquency rates of student loans and its potential economic consequences.
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