Mike Brown

In his role at LendEDU, Mike uses data, usually from surveys and publicly-available resources, to identify emerging personal finance trends and tell unique stories. Mike’s work, featured in major outlets like The Wall Street Journal and The Washington Post, provides consumers with a personal finance measuring stick and can help them make informed finance decisions.

Articles by Mike Brown:

16
Apr
58% of Millennials Actively Saving For Retirement; Average of $26,475 Saved

LendEDU's newest millennial study also found that few millennials are investing outside of their retirement accounts, with only 35% of older millennials (33-38) playing the market. But, those that do still strongly prefer traditional advisors over robo-advisors.

Posted in: Investing, Reports,
02
Apr
Survey: Millennials May Have a Serious Debt Problem

In a survey of 1,000 millennials, LendEDU found that many members of this generation carry all types of debt, a lot of it, and it was across all income levels.

Posted in: Personal Finance, Reports,
26
Mar
Study: Students Lose Confidence in Career Outlooks as They Progress Through College

A survey of over 7,000 college students uncovered concerning data regarding how colleges prepare students for the "real world."

Posted in: Personal Finance, Reports,
19
Mar
How Do Millennial Outlooks on Personal Finance Vary By Income Level?

Surveying 1,000 Millennials split evenly between three income brackets, LendEDU gauged how this generation perceives wealth.

Posted in: Personal Finance, Reports,
12
Mar
Who is Paying For College? It Might Depend On Race or Institution

With over 13,000 answers from current college students, LendEDU analyzed how much responsibility students bear in paying for college and broke the data down by race, gender, school, region, and major.

Posted in: Financial Aid, Personal Finance, Reports, Student Loans,
26
Feb
On Average, Raising a Child Costs $13,186 in First Year

In a survey of 1,000 parents, LendEDU put some data behind the financial commitment that comes with raising a newborn baby.

Posted in: Personal Finance, Reports,
19
Feb
Top Colleges & Universities For Federal Work-Study Financial Aid

According to the most recent data compiled by LendEDU, the average cost for attending a four-year not-for-profit college or university in the United States is $25,290 for public institutions and $50,900 for private. Federal and private student loans, grants, scholarships, and savings are the most commonly utilized resources to help mitigate the ever-increasing cost of [&he

Posted in: Financial Aid, Reports, Student Loans,
12
Feb
Expectations vs. Reality: Early Career Salaries

According to new data analyzed by LendEDU, college students expect to make $60,000 out of college, but $48,400 is the reality.

Posted in: Personal Finance, Reports,
05
Feb
LendEDU’s Fourth Annual College Risk-Reward Indicator (CRRI) | 2019 Edition

For the fourth consecutive year, LendEDU has analyzed nearly 1,000 colleges and universities to tell you which institutions give you the most bang for your buck, otherwise known as the college risk-reward indicator.

Posted in: Reports, Student Loans,
29
Jan
The Impact of Legal Sports Betting: 60% of Now-Legal Bettors Had Never Wagered Before

Just a little over six months ago, sports betting in the United States was legal in one place only, Nevada, and it had been like that since 1949.  A lot can happen in half of a year, though, and as it stands today, sports wagering is legal in one form or another in eight states […]

Posted in: Reports,