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☆ Walking slightly faster may help lessen your risk for type 2 diabetes
  + stars: | 2023-11-29 | by ( ) www.businessinsider.com   time to read: +3 min
A faster walking speed is linked to lower risk of developing type 2 diabetes, per a new study. Researchers found a speed of 3.7 miles per hour was linked to nearly 40% lower risk. Walking at a brisk pace is linked to significantly lower risk of developing type 2 diabetes, according to a study published November 28 in the British Journal of Sports Medicine . They compared participants' walking speed with their odds of developing type 2 diabetes over an average of 8 years. Pick up the pace — walking at a speed about about 16 minutes per mile may boost the benefits.
Persons: —, ​ ​, Suzanne Steinbaum Organizations: Service, British, of Sports Medicine, Semnan University, Imperial College London, midlife Locations: Iran, Japan
☆ The student-loan payment restart is about to put pressure on an already-fragile economy
  + stars: | 2023-10-07 | by ( Ayelet Sheffey | ) www.businessinsider.com   time to read: +6 min
The resumption of student-loan payments is expected to add further strain. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementThe US economy has thrived over the past three years, since the initial shock of COVID-19 gave way to a rapid recovery. Here's what banks and economists are saying about the impact of the student-loan payment resumption on the economy. AdvertisementAdvertisementWhat will happen to the economy with the student-loan payment restartIt's difficult to predict how exactly the economy will respond to a surge of borrowers facing student-loan payments again — and it depends on a number of factors.
Persons: —, Marshall Steinbaum —, University of Utah —, Jerome Powell, Wells Fargo, Goldman Sachs, Jeff Gennette, Michael Fiddelke, Jefferies, Education James Kvaal Organizations: Service, Family Institute, University of Utah, Education Department, Federal, United Auto Workers, Bank of America, Education Locations: Helena
☆ Student Loan Repayments Are Dwindling - The New York Times
  + stars: | 2023-07-13 | by ( Laura Beamer | Marshall Steinbaum | ) www.nytimes.com   time to read: +16 min
2013 was the first year when over half of all student loans carried a balance greater than originally borrowed. The 2020 student loan repayment pause shook up this unhealthy dynamic. But student loan repayment had been dwindling for at least a decade before the pause. But an important additional source of student loan misery is the widening and diversifying nature of the Americans who take them out. Our student debt research uses credit reports, both from an annual, representative cross-section of student borrowers and from a single group of borrowers we’ve been following since 2009.
Persons: couldn’t, Laura Beamer, Marshall Steinbaum, doesn’t, It’s, —, Biden, we’ve, they’re, “, Bill, ’ Organizations: Jain, Institute, University of Utah, White, American, Black, Women, Congress, Department of Education
☆ The Supreme Court's rejection of Biden's student-loan-forgiveness plan will make a looming economic slowdown even worse
  + stars: | 2023-06-30 | by ( Ayelet Sheffey | ) www.businessinsider.com   time to read: +5 min
The repayment poses risks to the economy, with consumer spending likely to be reduced. On Friday, the Supreme Court ruled that Biden's plan to cancel up to $20,000 in student debt will be struck down. But they're a weight, it's about 20 million student-loan borrowers that haven't been paying, they'll have to begin paying more or less in September," Zandi said. White House Principal Deputy Press Secretary Olivia Dalton was asked this week about how the student-loan payment resumption could impact consumer spending. And his concerns are broader than just a contraction in consumer spending.
Persons: —, Joe Biden's, Mark Zandi, haven't, Zandi, that's, Ethan Harris, Morgan Stanley, Olivia Dalton, Dalton, Marshall Steinbaum Organizations: Education Department, Service, Moody's, CNBC, Bank, Bank of, UBS, White, Politico, Family Institute, University of Utah Locations: Wall
☆ Student-loan payments are resuming in 3 months — and borrowers might not be ready for the 'sizeable shock' to their wallets
  + stars: | 2023-06-26 | by ( Ayelet Sheffey | ) www.businessinsider.com   time to read: +4 min
Student-loan payments are set to resume in October. Bank of America and Morgan Stanley highlighted the strain borrowers will face. 34% of surveyed borrowers don't think they can afford the payments at all, Morgan Stanley said. Morgan Stanley survey on student-loan payments. Morgan StanleyAnd a Monday note from Morgan Stanley researchers said that just 29% of federal student-loan borrowers are confident they'll be able to afford payments without adjusting spending in other areas.
Persons: Morgan Stanley, —, Joe Biden's, Donald Trump, Biden, Ethan Harris, Harris, Marshall Steinbaum, Miguel Cardona, Cardona, Ro Khanna Organizations: Bank of America, Service, Joe Biden's Education Department, " Bank of, Family Institute, University of Utah, Senate, Twitter Locations: California
☆ Student-loan borrowers are about to be thrown back into repayment, and the economy will suffer — especially if Biden's debt cancellation is struck down
  + stars: | 2023-06-04 | by ( Ayelet Sheffey | ) www.businessinsider.com   time to read: +7 min
Education Secretary Miguel Cardona has confirmed student-loan payments will resume this year. In March 2020, former President Donald Trump first implemented the student-loan payment pause to give borrowers financial relief during the pandemic. 'We're looking at a pretty severe fiscal contraction'Steinbaum previously told Insider that the economy has been "more than fine" without borrowers' student-loan payments. But they're a weight, it's about 20 million student-loan borrowers that haven't been paying, they'll have to begin paying more or less in September," Zandi said. Democratic lawmakers have been sounding the alarm on the harmful impacts a payment resumption would have without Biden's broad debt relief.
Persons: Miguel Cardona, —, It's, Donald Trump, Trump, Joe Biden, — Biden, We're, Cardona, Biden, Kevin McCarthy, Marshall Steinbaum, Steinbaum, Mark Zandi, haven't, Zandi, that's, it's, Ayanna Pressley, Countess, Ro Khanna Organizations: Supreme, Service, Education, Family Institute, University of Utah, Education Department, Moody's, CNBC, Relief, Getty, Democratic, Massachusetts, Twitter Locations: Washington ,
☆ The US economy has been 'more than fine' without your student debt
  + stars: | 2023-03-01 | by ( Ayelet Sheffey | ) www.businessinsider.com   time to read: +9 min
Her story shows the extra juice that delaying — or as some would argue, canceling — student debt can provide to people's lives and the economy as a whole. "If we cancel student debt, what that really means is the federal government is choosing not to collect payments from debtors on the debt that's already issued," Steinbaum said. Biden's student loan bailout will cost every taxpayer, even those who never went to college, at least $2,500." But to be clear, we don't have the most concrete data about the effects of student loan relief — since, well, it hasn't been done. Do you have a story to share about student debt?
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