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Income and Wealth

Sanders’s Plan Would Forgive 13 Million Young Adults’ Past-Due Medical Debt

Young adults are more likely to have past-due medical debt and more medical debt in collections.
Income and Wealth

How Baby Bonds Could Help Americans Start Adulthood Strong and Narrow the Racial Wealth Gap

Under Senator Booker’s bill, every American newborn would receive an initial endowment of $1,000.
Income and Wealth

Can Chicago and Other Localities Help Narrow the Racial Wealth Gap?

Urban partnered with the Chicago Community Trust on a new plan to narrow the racial and ethnic wealth gap in Chicago.
Income and Wealth

Leveraging the Workplace to Improve Employees’ Financial Wellness

More employers are expanding benefit offerings to include financial education and empowerment.
Income and Wealth

How Disasters Wreak Havoc on Financial Health and What We Can Do about It

Disasters have negative impacts on credit scores, debt in collections, bankruptcy, and other indicators of financial health.
Income and Wealth

MLB Salaries Are Yet Another Way to Visualize Growing Economic Inequality

Mike Trout may sign the largest contract in sports history, a $430 million, 12-year extension with the Los Angeles Angels.
Income and Wealth

Four financial challenges facing Hispanic Americans

Young Hispanic Americans are adding to their student loan debt but not to their savings.
Income and Wealth

What regions have more delinquent auto loan debt?

In some counties, the delinquency rate for auto debt is as high as 55 percent for borrowers with a subprime credit score.
Income and Wealth

Are median incomes actually stagnating? How we calculate housing costs affects the answer

Researchers calculating income growth by adjusting for inflation rarely offset increases in income for homeowners.
Income and Wealth

The new UltraFICO system could threaten the level playing field of credit score calculations

The existing FICO credit score has been a measure of behavior, not wealth.

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