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AARP to CFPB: Help seniors by reducing credit card late fees

AARP is urging federal regulators to rein in credit card late fees that can put seniors at a disadvantage when trying to make ends meet.

United statesDavid certnerWei zhangBoard survey of household economicsConsumer financial protection bureauSilent generationBaby boomersReserve boardHousehold economics

Public Service Workers Face Retirement, Financial Security Concerns

State and local government employers can bolster the retirement and overall financial security of workers with expanded access to emergency savings benefits.

United statesNatalie blainLynne fordChristiane wellerBeth almeidaMccormack graduate schoolMissionsquare research instituteUs public service workforceData for the missionsquare institute financialBoard survey of household economicsUniversity of massachusetts bostonFinancial wellbeingService workforceMissionsquare retirementSquare research institutePlan progress

Black Veterans Struggling More Financially Than White Veterans, Two Studies Show

More than one-quarter of veterans are struggling to afford basic costs of living, and Black veterans are struggling more than white veterans.

United statesStephanie hoopesDepartment of veterans affairs or tricareCensus bureauRand corpAsset limited incomeAmerican communityBoard survey of household economicsBlack americansMilitary absentee votes downKey races hingeUnited wayNorthern new jerseyCommunity surveyAsset limitedIncome constrained

Who Holds America s $1 5-Trillion Student-Loan Debt?

Over the past decade, student-loan debt has ballooned to an unprecedented size. What does the data say about who holds America’s $1.5-trillion student-loan debt?

New yorkUnited statesBennett leckroneJonathan custodioKathryn palmerWesley jenkinsLauren fisherJacquelyn eliasDepartment of educationFederal reserve bankNational centerConsumer credit panel student loanBoard survey of consumerBoard survey of household economicsFederal student aidFederal student loan portfolio

Welcoming Remarks, Federal Reserve Governor Michelle W Bowman, At Toward An Inclusive Recovery: Improving Labor Force Attachment And Financial Security Among Low-Income And Marginalized Workers, A Research Seminar Sponsored By The Board Of Governors Of The Federal Reserve System, Washington, D C (Via Webcast)

Welcoming Remarks, Federal Reserve Governor Michelle W Bowman, At Toward An Inclusive Recovery: Improving Labor Force Attachment And Financial Security Among Low-Income And Marginalized Workers, A Research Seminar Sponsored By The Board Of Governors Of The Federal Reserve System, Washington, D C (Via Webcast)
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District of columbiaUnited statesUnited kingdomEmma dornBryan hancockHarald hagemannEllen virulegMuriel dal pont legrandEliza forsytheChristopher rauhJimmy sarakatsannisCurrent populationMarket committeeSee bureau of labor statisticsFederal reserveLabor force participation rate