On average, women earn 83 cents for every dollar a man makes — yet single women own roughly 10.7 million homes, compared to 8.1 million for single men, according to a recent analysis from LendingTree that looked at 2021 Census data. That’s a surprising statistic...
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In the News
Many NJ customers can’t get help with overdue bills because of reluctant utilities
Customers owe New Jersey’s water and sewer utilities tens of millions in unpaid bills, debts that have thousands of families facing shut-offs. While a Low Income Household Water Assistance program offers up to $5,000 to eligible families to avoid that prospect, only...
A Push for More Oversight of New Jersey’s Colleges
Proposed legislation would enforce financial transparency for public institutions after one university nearly collapsed. Some say the bills are redundant, others that they don’t go far enough. Linda Stamato, former chair of the Board of Governors at Rutgers, the...
NJ Downtowns Are Breathing New Life Into Empty Old Banks
Downtown banks used to be where eager home buyers applied for mortgages, workers cashed hard-earned paychecks, and youngsters watched nickels and dimes grow in their first savings accounts. But in recent decades, ATM machines and online banking have made these once...
No Way To Run a $6 Billion Enterprise
Rich Keevey makes a case for eliminating the debt ceiling and budgeting properly in this latest opinion piece in PA Times. "There have been 47 [Continuing Resolutions] CRs between 2010 and 2022, ranging in duration from 1 to 176 days. On three occasions no CR was...
Social media needs rules
Social media platforms have imploded with misinformation and hate. Linda Stamato, co-founder of the Center for Negotiation and Conflict Resolution and Policy Fellow at the Bloustein School of Planning and Public Policy, makes a case for some sort of regulation and a...
Referendum on Major Westfield Redevelopment Project? Experts, Advocates Weigh In
Some residents are pushing for a public referendum on an expansive redevelopment project slated for the site of the former Lord & Taylor building and the town's train station parking lots even as town officials argue such would leave Westfield subject to...
Economic Doubts and Downturn?
Although a solid 263,000 jobs were created nationwide in November within the context of a 3.7% unemployment rate, the US and New Jersey economies are nonetheless facing headwinds: Inflation remains high and the federal reserve’s attempts to control it by raising...
College student loan forgiveness debate: Why not cut interest rates to 0% instead?
As the college student loan forgiveness debate continues, Bloustein School Interim Dean Stuart Shapiro weighs in on whether reducing student-loan interest rates would be a better option. New Jersey Herald, January 12, 2023
Cybercriminals Step Up Attacks on Health Care Payment Processors
The Federal Bureau of Investigation in September warned that it has received multiple reports of cybercriminals increasingly targeting health care payment processors to redirect payments to themselves. Typically, this involves a cybercriminal obtaining employees’...