Q&A: Bringing the debt ceiling down to our level

Much ado about the debt ceiling the past couple months. As the issue plays on (and on and on) in the news cycle, a reset is in order. Let's get to the nuts and bolts of an issue that—believe it or don't—can be understood ...

Governments target medical debt with COVID relief funds

Millions of Americans mired in medical debt face difficult financial decisions every day—pay the debt or pay for rent, utilities and groceries. Some may even skip necessary health care for fear of sinking deeper into debt.

Asset, wage protections may help debtors in a tough economy

States could take steps now to soften the impact of a recession by protecting residents with unsecured debt, according to a new study that reveals an inequitable patchwork of protections for Americans who are behind on their ...

How rising household debt could slow UK labor strikes this year

After decades of declining real wages and deteriorating working conditions, strike activity has spiked over the last year, particularly in the United Kingdom. From nurses and teachers to railway and postal workers, employees ...

Economist examines US debt limit impact

It's not exactly comforting that the United States is running up against its debt limit, as officials announced this week, nor is there immediate cause for concern for the average taxpayer, says University of Michigan economist ...

How race matters for the student loan crisis

In his new book, sociologist Jason Houle reveals how Black borrowers are disproportionately affected by the student loan crisis and shows how this disparity perpetuates social and economic inequality.

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