Archive for July 2018
A Student Debt Crisis is Imminent, But Loan Companies and the Trump Administration are Not Likely to Provide Solutions
By all accounts the country faces a looming student debt crisis. Debts from student loans currently amount to $1.4 trillion, a number that has grown exponentially over the last decade as more and more students take on debt only to face a demanding labor market. Default rates are also on the rise—recent data from the…
Read MoreThe Pay Gap Between CEOs and Workers
It is no secret that the executives of publicly traded companies are paid at rates that greatly exceed those of the rank-and-file. In a recent survey of 356 companies by Equilar, the median ratio of CEO to worker pay was found to be 140:1, the average ratio jumps even higher, to 241:1. A 2016 survey…
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