Reports

11
Jun
Study: For Those Filing For Bankruptcy, Student Loan Debt Still Lingers On

With the help of exclusive anonymized data provided by Upsolve, LendEDU found that 32% of consumers that file for bankruptcy also carry student loan debt that is virtually impossible to successfully discharge. Within that group, student loan debt comprises 49% of their total debt on average.

Posted in: Reports, Student Loans,
04
Jun
Survey: Financial Goals for Americans Include Paying Off Debt, Saving for Retirement, & Building Emergency Funds

But will they ever be able to achieve those goals? In a survey of 1,000 adult Americans to identify their most important financial goals, LendEDU found that nearly 10% of them don't believe they will ever accomplish their number one financial target.

Posted in: Personal Finance, Reports,
21
May
Dirty Money: New Research Reveals the Filthiness of Our Cash, Cards, & Coins

Using a scientific device that tests for the amount of germs on a given surface, the team at LendEDU tested our debit & credit cards, cash, and coins to put some hard data behind just how dirty our money really is.

Posted in: Personal Finance, Reports,
16
May
Survey: Facebook-Created Cryptocurrency Would Bring in New Investors, Increase Marketplace Usage

In a survey on the heels of the Facebook-crypto news, LendEDU found that while only 7% of adult Americans have ever invested in virtual currency, 18% would be interested in investing in a cryptocurrency created by the social media giant.

Posted in: Investing, Reports,
07
May
Trying to Negotiate Bills? New Data Reveals Which Companies Are the Most Likely to Cut a Deal

Using exclusive data provided by Truebill, LendEDU has listed out the companies that are the most likely cut a deal with a customer and which companies cut the most off the bill after some tough negotiating.

Posted in: Personal Finance, Reports,
30
Apr
How Student Loan Debt Has Changed Over the Past Decade: By School and State

Analyzing financial aid data voluntarily-submitted by nearly 1,000 institutions that reflects both the 2007 and 2017 academic years, LendEDU was able to see how student loan debt has changed over a decade at both the school and state level.

Posted in: Reports, Student Loans,
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,