Reports

17
Oct
Protected: A Look at Student Loan Default Rates by School & State

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Posted in: Reports, Student Loans,
15
Oct
Trick or Treat: How Much Does the Average American Spend on Halloween?

LendEDU's third annual study also included price comparison research that found consumers can save a good chunk of money by shopping for Halloween on Amazon rather than Walmart.

Posted in: Personal Finance, Reports,
01
Oct
How Do Americans Spend Their Monthly Income?

LendEDU compared each generation's average monthly budget and found boomers spend a lot on credit card debt, while millennials save quite a bit for retirement despite larger student loan payments.

Posted in: Personal Finance, Reports,
Tags: sharing,
24
Sep
One-Third of Americans Go Into Unnecessary Debt to Pay For Extravagant Weddings—And Quite a Few End Up Regretting It

The survey of 1,000 recently-hitched Americans also found that some have missed debt payments associated with their wedding, while others that used debt to finance their ceremony ended up getting divorced shortly after.

Posted in: Personal Finance, Reports,
Tags: sharing,
10
Sep
Data From Nearly 10,000 Student Loan Borrowers Reveals 16% Will Have Debt-to-Income Ratio Above 20% at Graduation

Using exclusive applicant data provided by student loan lender Funding U, LendEDU found that a solid proportion of student loan borrowers will probably face a serious debt-to-income problem.

Posted in: Reports, Student Loans,
27
Aug
Recession Fears Loom for Many Americans, 42% Plan to Reduce Spending

Key Takeaways: 42% of respondents are planning to spend less and save more due to recession fears 32% of respondents reported having no money in an emergency fund and 55% of respondents reported having $1,000 or less. The median amount was $712. 37% of respondents believe their finances are too weak to withstand a recession […]

Posted in: Personal Finance, Reports,
Tags: sharing,
20
Aug
Why Aren’t Millennials Becoming Homeowners? Some Cite a Lack of Knowledge or Savings, Others Point to Student Debt

In part two of a study about millennials, mortgages, and homeownership, LendEDU found some revealing trends about why many millennials aren't homeowners yet.

Posted in: Mortgages, Reports,
Tags: sharing,
13
Aug
How Much Do Americans Spend on Their Pets? 45% of Pet Owners Spend the Same or More on Their Pet’s Healthcare Than Their Own

LendEDU surveyed 1,000 American pet owners to ask them about their spending for their pets and how it affects their personal finances. 20% of respondents have gone into debt caring for their pet at an average of $1,566.96.

Posted in: Personal Finance, Reports,