In America, total student loan debt tops $1 trillion and a four-year college degree can cost as much as a house — leaving many families wondering if college is really worth the cost.
Yes, a new study of young people finds. The study, released Tuesday by the Pew Research Center, looks at income and unemployment among young adults. Paul Taylor, executive vice president of special projects at Pew, says it's pretty much case closed when it comes to the benefits of going to college.
One of the biggest problems facing low-income families in the U.S. today is a lack of affordable housing.
According to a recent report by the Joint Center for Housing Studies at Harvard, more than 7 million low-income households now spend more than half of their income for rent, which leaves little money for anything else. And the situation is expected to get worse.
The House of Representatives has voted to extend the federal debt limit, after the Republican majority abandoned its hopes to tie other provisions to the measure. By a 221-201 vote, the House voted to extend the debt limit to March 15, 2015.
Update at 5:35 p.m. ET: Ryan Reportedly Voted 'No'
In the end, 28 Republicans joined with 193 Democrats to approve the move.
On Twitter, several congressional reporters quickly noted that House Budget Committee Chairman Paul Ryan, R-Wis., was one of many Republicans who voted against the legislation.
Originally published on Wed February 12, 2014 4:21 pm
When Woody Harrelson's character got hired as a bartender on Cheers, he was so excited, he insisted on working for no more than the minimum wage. "I'd work like a slave," he said, "and, of course, I'd wash your car."
Most bar and restaurant workers would prefer to bring home a little more cash. They may be in luck.
As part of his plan to raise the minimum wage, President Obama has called for substantially increasing the base wage paid to tipped workers for the first time in decades.
Originally published on Wed February 12, 2014 1:27 pm
Reddit, Tumblr and Mozilla are among nearly 6,000 websites participating in "The Day We Fight Back," an online protest Tuesday against government surveillance.
The goal of the protest, organizers say, is partly to pass a federal bill called the USA Freedom Act, which is intended to rein in the mass surveillance programs by the National Security Agency that were exposed by Edward Snowden.
Since every word that the head of the Federal Reserve utters is closely watched by those in the financial markets, it's worth noting that in her first appearance before Congress since being confirmed Fed Chair Janet Yellen plans to say Tuesday that:
"I expect a great deal of continuity in the FOMC's approach to monetary policy."
INSKEEP: McDonald's says its sales in the United States fell for the third straight month. The world's largest burger chain reports bad weather hurt its U.S. sales in January, which fell 3.3 percent. McDonald's fared better overseas. Global sales rose 1.2 percent, as the fast food chain continues to expand abroad.
Originally published on Tue February 11, 2014 2:21 pm
By NPR Staff
Most people who follow the headlines are aware of the lifestyles of Wall Street's titans — and the vast bonuses that fund those lives of luxury. Kevin Roose's new Young Money looks at the bottom of that ladder: the college kids who arrived on Wall Street after the economic crash of 2008, prepared to put their noses to the grindstone in the hopes of making it big — or just making a decent living.
and we've been hearing in recent weeks about a propane shortage, which is really more about distribution. Companies are having trouble transporting their gas from where it's stored to where it's needed. Now the agency that regulates pipelines is taking an unprecedented step to try to fix that problem.