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RHODE ISLAND had the second-highest per capita expenditure on lottery in the nation in 2017. / BLOOMBERG NEWS FILE PHOTO/TIM BOYLE

R.I. has second-highest spending per capita on lottery in 2017

Economy 06/18/2019

PROVIDENCE – Rhode Islanders spent $502.01 on the lottery per capita in 2017, the second-highest amount in the nation only to Massachusetts, according to...

ACCORDING TO a recent survey of bankruptcy filers, 32% had student debt. On average, those who had student debt said that that debt comprised nearly half of their total debt. / BLOOMBERG FILE PHOTO/MICHAEL OKONIEWSKI

Survey of bankruptcy filers shows 32% had student debt

Economic Activity 06/11/2019

PROVIDENCE – A report from LendEdu said that a recent survey of low-income individuals who filed for Chapter 7 bankruptcy showed that 32% carried...

NEARLY 40% of Americans lack confidence they will ever save enough money to retire, according to a new survey by LendEDU. / BLOOMBERG NEWS FILE PHOTO/ MICHELE LIMINA

Retirement? Four in 10 Americans don’t see it ever happening

Economic Activity 06/06/2019

NEW YORK – Almost 40% of Americans lack confidence they will ever save enough money to retire. That number climbs even higher among older...

Report: R.I. has 2nd-highest average student debt in U.S. in 2017

Education 04/30/2019

PROVIDENCE – The average student loan debt per borrower who graduated from a Rhode Island college or university in 2017 was $35,371, the second-highest...

Citizens receives 2nd-most CFPB complaints per deposits in U.S. in 2018

Financial Services 01/09/2019

PROVIDENCE – Citizens Financial Group Inc. ranked No. 2 on a list of banks with the most 2018 Consumer Financial Protection Bureau complaints related...

OF DEBT AND ECONOMIC DEVELOPMENT: Rhode Island ranked next to the bottom of a list of the states with the highest average student-loan debt for Class of 2017 graduates, presenting a significant impediment to the state’s economic future.   / COURTESY LENDEDU

High student debt is impediment to R.I.’s future economic health

Editorial and Op-Ed 08/10/2018

The latest student-debt rankings put Rhode Island near the top – and not in a good way. According to LendEDU, an online student lending tool,...

ON WEDNESDAY, LendEDU released its third Student Loan Debt by School & State report. For the second time in three years, Rhode Island was ranked second-worst in the nation for average student loan debt. / COURTESY LENDEDU

LendEDU: Twice in 3 years, R.I. student debt second-worst in nation

Economy 08/08/2018

PROVIDENCE – In one year, average student debt among Rhode Islanders has jumped 15.78 percent for an average $35,371 per Class of 2017 borrower...

Survey: Confusion about tax law impact on home equity loans

Financial Services 02/13/2018

PROVIDENCE – Less than 5 percent of homeowners with home equity loans knew about the removal of interest deductions as part of the new...

A NEW STUDY by online student loan financing company LendEdu reveals that people on average spend $169 on Halloween, mainly consisting of candy, costumes and decorations. / COURTESY LENDEDU

Study: Halloween on average costs $169 per person

Financial Services 10/24/2017

PROVIDENCE – With Halloween rapidly approaching, a new study shows people on average spend $169 on the scary holiday. LendEdu, an online student loan financing...