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If you’ve spent much time in the entertainment districts of larger cities or college towns, you’ve probably seen a pedicab in action. Known by a variety of other names, including “bike taxis” and “cycle rickshaws,” pedicabs are generally three-wheeled vehicles with…
Reliable statistics about the frequency with which Americans switch jobs are surprisingly hard to find. One of the broadest-based measures of economic mobility is the Bureau of Labor Statistics’ National Longitudinal Survey of Youth 1979 (NLSY79), which tracked the early…
My wife graduated from medical school with more than $300,000 in student loans to her name. During her three-year residency, some of that debt sat in deferment, quietly accruing about $20 per day in interest. The larger non-deferred balance grew, albeit…
In the fall of 2017, the most recent semester for which statistics are available, 15.7% of all U.S. higher education students (about 3.1 million) were enrolled in institutions that exclusively offer distance education courses, according to data from the National…
Most American workers qualify for up to 12 weeks of job-protected leave under the Family and Medical Leave Act (FMLA), a 1993 law that forms the basis for many employers’ parental and convalescent leave programs. With limited exceptions, FMLA-eligible employees can’t…
According to the U.S. Bureau of Labor Statistics, 5,250 U.S. workers died from injuries sustained at work in 2018. That represented a 2% increase from the previous year, although the actual rate of fatal work injuries remained unchanged due to…
Sharing economy apps and platforms are great tools for freelancers who create full-time income by stringing together multiple independent gigs, as well as for traditional employees looking to boost their income in their spare time. The most popular sharing economy platforms…
Millions of Americans in the workforce today started out earning minimum wage. Millions more still do. According to the Bureau of Labor Statistics, about 1.6 million people — 1.9% of all hourly workers — were paid at or below the…
Sallie Mae’s private student loan is its flagship credit product. Depending on the loan type, it’s known either as a Smart Option Student Loan (undergraduate, career training) or simply as a Sallie Mae student loan (graduate and professional studies). Sallie…
My first jobs were not high-paying jobs. Not by a long shot. I earned a couple of quarters above minimum wage as a part-time usher at a small movie house. Then, I was a cashier at the supermarket across the…
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