ArticlesThough the number of unemployed youth has inched down to below prerecession rates, many other indicators suggest that the employment situation for American youth is not so rosy. Though they’re the most educated compared with previous generations, 1 in 5 American adults ages 18 through 34 has student loan debt.
ArticlesWe dug into Navient’s quarterly earnings report following the passage of the Tax Cuts and Jobs Act of 2017 to find out how the company planned to use their massive corporate tax windfall. It turns out wealthy Navient shareholders will be reaping virtually all of the $204 million tax cut benefits at the expense of student loan borrowers.
Articles, ResourcesThe Millennial generation, now the largest generation in America, diverges from preceding generations in important ways. First and foremost, today’s young people are more diverse than any previous generation, with the number of foreign-born 18- to 36-year-olds mirroring trends not seen since the last big immigration boom, at the beginning of the twentieth century, with more racial and ethnic diversity than ever before.