Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
Why Your Raise Is Growing Faster Than Student Loan Payments
In episode 40 of Wages and Prices, Lucas and Luna examine a shift that's quietly improving household budgets for millions of borrowers: wages are finally outpacing student loan payments. With average hourly earnings at $37.50 and median weekly earnings at $1,204, the income side of the ledger is growing faster than the typical student loan bill, which has been frozen in place for many since the pandemic pause ended. But the hosts dig into New York Fed survey data showing household financial worries are at their highest since July 2022 — because not everyone has federal loans, and new…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.