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Personal Finance

Temple University students are shown at a May 2012 graduation ceremony. Pennsylvania college students graduate owing an average of $36,193.(Nathaniel Hamilton/for WHYY)
The Why
Education

Pennsylvania’s student debt crisis

Pennsylvania ranks No. 1 in the nation for student debt. Why is the debt burden is so high here and how is that affecting the way students and grads live?

Air Date: June 6, 2019

Listen 13:23
In this March 7, 2019, file photo visitors to the Pittsburgh veterans job fair meet with recruiters at Heinz Field in Pittsburgh.
(Keith Srakocic/AP Photo)
Money
PA Post

Pa. job report shows regional range in unemployment

Pa.’s unemployment rate has been on the decline over the last year but the picture is different when looking at individual areas across the state.

7 years ago

NPR
Community

Why suburban moms are delivering your groceries

Women — often in their 40s and 50s — now make up more than half the contractors working for major food delivery apps.

7 years ago

The Martinez family stands in front of their home in New Jersey. During a speech at her graduation, Alondra said to her parents:
NPR
Community

Hispanic unemployment has hit record lows. But does that mean progress?

Across the U.S. today, there are plenty of jobs. Unemployment for Latinos is at 4.2% — the lowest in recorded history. And their poverty rate has gone down somewhat, to 18.3%.

7 years ago

Morehouse grad Ahmad Smith, flanked by his father, Wayne, and his sister Chanel, had $110,000 in student loans wiped clean. (Courtesy of Chanel Smith)
Education
The Philadelphia Tribune

Morehouse grad with local ties: ‘I’m free’

“I feel free; I have my life back,” said Ahmad Smith, who has roots in Philadelphia. “Not only am I now an educated Morehouse man, I’m a debt-free Morehouse man."

7 years ago

New Jersey Attorney General Gurbir Grewal. (Emma Lee/WHYY)
Courts & Law
NJ Spotlight

Grewal joins other AGs in battle over relaxing payday-loan rules

New Jersey has placed a 30-percent cap on the annual interest-rate payday lenders are allowed to charge.

7 years ago

Job seeking Philadelphians spoke with employers from around the region Thursday morning at the 13th annual Neighborhood Job Fair at Temple University. (Brad Larrison for WHYY)
Community

Unemployment is down in Philly. Is job hunting here any easier?

Hundreds headed to the 13th Annual Neighborhood Job Fair in North Philadelphia, billed as the city’s largest community job fair, looking for work.

7 years ago

Kathy Kraninger, director of the Consumer Financial Protection Bureau, says in a letter that the Department of Education is getting in the way of efforts to police the student loan industry. (J. Scott Applewhite/AP)
NPR
Money

CFPB chief says Education Department is blocking student loan oversight

The director of the Consumer Financial Protection Bureau says the Trump administration's Education Depart. is getting in the way of efforts to police the student loan industry

7 years ago

A sign announces the acceptance of electronic benefit transfer cards at a farmers market in California. (Rich Pedroncelli/AP)
NPR
Politics & Policy

Trump administration considering changes that would redefine the poverty line

Anti-poverty groups are worried that many low-income individuals will be pushed off assistance programs such as food stamps, Medicaid and Head Start.

7 years ago

A panel discussion convened by the Consumer Financial Protection Bureau discussed the changes to the U.S. debt collection process at the University of Pennsylvania. Consumer advocates and creditors have concerns. (Aaron Moselle/WHYY)
Money

Should feds let debt collectors call 7 times a week? Stakeholders clash in West Philly

Under a lengthy proposal the CFPB released Tuesday, debt collectors could also email and text borrowers as much as they want. Consumer advocates and creditors have concerns.

7 years ago

New Jersey Gov. Phil Murphy is pictured in this Jan. 15, 2019 file photo (Julio Cortez/AP Photo)
Money

New Jersey enacts two laws to help students repay loans

One of the new laws will make it easier for borrowers struggling to pay off loans. The other allows borrowers who have defaulted on those loans to start an installment plan.

7 years ago

The state Department of Labor and Industry reported an increase in new jobs in March. (Keith Srakocic/AP Photo)
Community

Pa. unemployment hits lowest level since 1976

Pennsylvania's unemployment rate has sunk to its lowest-ever recorded level.

7 years ago

Yvette A. Núñez, vice president of civic affairs for the Chamber of Commerce for a Greater Philadelphia speaks about the PHL Neighborhood Growth Project (Abdul Sulayman/The Philadelphia Tribune)
Community
The Philadelphia Tribune

Philly business leaders seek to combat poverty through improving education, creating jobs

The Chamber of Commerce for a Greater Philadelphia is advocating for an inclusive neighborhood growth agenda to help address the city’s stagnant poverty rate.

7 years ago

Sen. Vincent Hughes, D-Philadelphia, makes a point as they discuss pension legislation in the Rules Committee ahead of floor debate at the state Capitol in Harrisburg, Pa., Tuesday, June 30, 2015. (Chris Knight/AP Photo)
Money

Democratic Pa. state senators propose student loan debt relief

Three Pennsylvania state senate Democrats are launching a plan to help people with student loan debt.

7 years ago

Major U.S. stock indexes fell Friday as short-term Treasury yields exceeded those on long-term bonds, in what some analysts consider a sign that a recession may be coming. (Spencer Platt/Getty Images)
NPR
Money

Stock indexes drop as bond market flashes recession warning

The stock market tumbled Friday as investors digested an ominous warning sign: Interest rates on long-term government debt fell below the rate on short-term bills.

7 years ago

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