FastSaying
So far, the debt payment ratio (of loan payments to income) hasn't been higher this decade than during the 1990s, but it's been partly held in check by lower interest rates. In some sense, we haven't seen the whole burden bearing down yet.
Heather Boushey
Debt
Income
Related Quotes
Statistically speaking, the chances of moving up (the) income distribution (curve) is less than it was a decade ago. Students with debt face real concerns with the shrinking middle marketplace.
— Heather Boushey
Income
Students
As a general rule, as income rises, so debt increases, but in the very low income groups we find an extraordinarily high ratio of debt.
— Goolam Ballim
Debt
Income
One of the most provocative things we found was the share of student costs covered by loans has fallen even as the amount of loans has increased.
— Heather Boushey
Provocative
The main reason for women's declining labor-force participation rates over the last four years was the weakness of the labor market. Women did not opt out of the labor force because of the kids.
— Heather Boushey
Force
Labor
Participation
The reality is that the overwhelming majority of women are working and they're going to be part of the labor force for a long time. While they may choose to take time off, they're doing things that women in '60s weren't doing.
— Heather Boushey
Labor
Majority
Reality