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A Record One-in-Five Households Now Owe Student Loan Debt | Pew Social & Demographic Trends

About one out of five (19%) of the nation’s households owed student debt in 2010, more than double the share two decades earlier1 and a significant rise from the 15% that owed such debt in 2007, just prior to the onset of the Great Recession, according to a Pew Research Center analysis of newly available government data.

The Pew Research analysis also finds that a record 40% of all households headed by someone younger than age 35 owe such debt, by far the highest share among any age group.

It also finds that, whether computed as a share of household income or assets, the relative burden of student loan debt is greatest for households in the bottom fifth of the income spectrum, even though members of such households are less likely than those in other groups to attend college in the first place.2

Since 2007 the incidence of student debt has increased in nearly every demographic and economic category, as has the size of that debt.

via A Record One-in-Five Households Now Owe Student Loan Debt | Pew Social & Demographic Trends.

Filed under: Blogosphere, consumers, Election 2012, News, Parenting, , , ,

Scientific publishing: The price of information | The Economist

SOMETIMES it takes but a single pebble to start an avalanche. On January 21st Timothy Gowers, a mathematician at Cambridge University, wrote a blog post outlining the reasons for his longstanding boycott of research journals published by Elsevier. This firm, which is based in the Netherlands, owns more than 2,000 journals, including such top-ranking titles as …

MORE via Scientific publishing: The price of information | The Economist.

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All the news that’s fit to click: State of the News Media 2015 | Pew Research Center’s Journalism Project

Like a dam churning the river of knowledge into business, political and knowing power, the internet is transforming who is rich and how they get there in our instant and continuous contact and ubiquitous information sharing society of today.  Disrupting … Continue reading

10 Tactics for Launching a Product Using Social Media – HBR

 Comments on other media sources:  We recommend the above Harvard Business Review article on social media….. Our comments on the HBR site: Thanks for the article. I found it useful and practical in its recommendations. I enjoy reading about ideas … Continue reading

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