Blog
People who borrowed money to pay for college or trade school owe a combined $1.7 trillion to their creditors. Even before the coronavirus upended America’s economy, many of these borrowers were struggling to keep up with payments, which also made it harder for millions of people to save for a home, put aside money for retirement or even afford basic necessities. … Read more...
The novel coronavirus has reminded us of the fragility of life, but also the fragile foundations of Louisiana’s economy. That is particularly true for families who were already struggling to make ends meet before the pandemic.
More than 506,000 Louisiana workers filed for unemployment in the six-week period between March 21 and April 25.… Read more...
Nearly half of Louisiana workers lack access to paid sick days. And, low wage workers are two and three times less likely to have access to paid sick days than higher wage workers. This means those who struggle the most to make ends meet routinely face an excruciating choice between caring for themselves and their families when they get sick or keeping their job.… Read more...