Student Debt Relief: Questions Employers Face
Student debt has been both a prohibiting factor and financial health burden for college-goers for decades. The cost of college has increased 169% since the 1980s, while college graduate pay is up only 19%. This has caused many college graduates and future college students to question not only the value of a college degree, but also the negative impact college debt has or could have on their lives.
BNPL connected to overdraft charges, card fees: study
The study showed BNPL services inspired consumers to spend beyond their means, and frequent users displayed larger declines in financial health, according to the study.
Three key takeaways from The Foundation’s Start at Home grant report
The results of a recent National Credit Union Foundation (the Foundation) research grant are in—and they’re exciting.
As The Nation Nears Full Banking Inclusion, It’s Time To Focus On Financial Health
Good news from the FDIC: Fewer than 5% of American households lack a bank account, down from 8% a decade ago and the lowest level since the agency began tracking it.
The American middle class is at the end of an era
What do the Simpsons and about 50% of American households have in common? Not just a love for donuts or a kid who loves to say “eat my shorts.” They both belong to the middle class.
Nonprofits and Fintechs Improving Benefits Access: Our 2022 Exchange Grantees
The Financial Solutions Lab has awarded grants to three partnerships that make up our 2022 Exchange cohort. The nonprofit and fintech organizations in the cohort will work to promote financial health by improving access to benefits and measuring the impact of their projects on the consumers they serve.
Revolutionizing financial services
After eliminating overdraft fees in 2021, Ally Financial is using its platform to shed light on social inequities.
‘It Ruined Everything’: Buy Now, Pay Later Drives Gen Z Into Debt
Digital payment products have become particularly attractive – and risky – for young consumers.
Editorial: Pa. House should quickly pass financial literacy bill
A bill before the Senate would require Pennsylvania high school students to pass a half-credit financial literacy class.
Announcing our 2022 BenefitsPRO LUMINARIES honorees
We are pleased to present the first-ever class of BenefitsPRO LUMINARIES honorees, who are being recognized for the dynamic and inclusive ways they are driving the benefits and health care industries forward.
Money Jitters Mounting Among US Adults
A burgeoning number of Americans are worried sick about their finances. Now, health and wellness experts are worried about the “financially anxious”.
What to know about the pay-yourself-first budgeting method and how it can help set up your finances for life
When you hear the word “budget,” your first thought may be to think about all of the money you’ll need to set aside to pay others. But not all budgets prioritize spending categories in the same way.