News

More Millennials Are Leaving the Nest to Form Their Own Households

From 2016 to 2021, nearly every state saw a spike in the number of young adults between the ages of 25 and 44 forming new households, a development with far-reaching implications for state populations, economic growth and infrastructure. For many millennials, the...

New Heldrich report: Benefits of Education in New Jersey

A new New Jersey Education to Earnings Data System report uses state and supplemental federal data sources to demonstrate that higher levels of education have a positive return on investment to the individual, the state, and society.

Another Interest Rate Hike – What it Means for NJ Residents

The Federal Reserve will once again raise interest rates Wednesday afternoon, but this time they’re only expected to bump them up a quarter of a percent, not half a percent like we’ve had for the past several months. According to Rutgers University economist James...

NJSPL – Aspects of Energy Inequity in New Jersey

New Jersey has reduced its energy consumption and cost in the past two years. But behind these achievements and strides in energy efficiency lies a grim reality—the distribution of costs and benefits within the U.S. energy system is disproportionate, thus creating inequities between people of various income levels and geographical residences.

Many More Single Women Than Men Are Homeowners. Here’s Why

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...

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...