Arts Majors Face Increased Student Loan Burdens after College

November 26, 2014 by

Graduates across all majors have similar loan amounts after graduation  However, payment is a heavier burden for students who graduate with degrees in arts, sports, or humanities.  After graduation, salaries increase by an average of 65% in the first five years. However, non-career-oriented degrees start at much lower wages (x axis in the chart above) and thus pay a significantly higher percentage of their income in loan payments.

–from The Atlantic

Low Taxes in the US Causing Income Inequality to be High

November 21, 2014 by

The United States has the highest income inequality among comparable nations. The left-side graph depicts the US as having a favorable Gini coefficient (a measure of income inequality) without taxes. After taxes and government transfers are factored in, the US becomes highly unequal. One of the reasons for this trend is that, although the US uses progressive taxation, the tax rates are significantly lower than the international standard and social welfare programs are also much less generous.

–From The New York Times

Small Age Gap between Spouses Lowers Likelihood of Divorce

November 13, 2014 by

A study, published by The Atlantic, suggests that the larger the age gap between a person and their spouse, the higher the chances that the marriage will end in divorce.  As the figure suggests, if spouses have one year age gap they are 3% more likely to get divorced than individuals who are of the same age. If the age difference crosses twenty years, the couples are over 172% more likely to get divorced.

–From The Atlantic

New Home Value Indicies Show Owners Over-Value Homes during a Crisis

November 4, 2014 by

Quicken Loans released two new indices, the ‘Home Value Index’ and the ‘Home Price Index,’ as depicted in the graph above.  These indices reveal that homeowners overvalue their homes in times of economic crisis. This can be seen in the graph where home values are significantly overstated by homeowners during the 2008-09 financial crisis. The opposite effect is seen when the market is rebounding:  homeowners tend to undervalue their homes.

–From Quicken Loans Press Room

Young Amercians Want Taxes Spent on Education, Older Americans Want Social Security

October 29, 2014 by

Young Americans are very interested in educational spending compared to older Americans, at 24% and 5%, respectively. Job creation spending is of even, and high, interest across all working-age Americans.

–from RandalOlson.com

Sunday Has Overtaken Tuesday as the Cheapest Day to Purchase Plane Tickets

October 24, 2014 by

 

Upending the conventional wisdom on ticket buying, Sunday is now the cheapest day to purchase plane tickets, with an average of $432, compared to Tuesday’s $497. Tuesdays still have the most frequent price drops, although their average is higher.

–from The Wall Street Journal 

The Wealthiest US High School Dropouts Make Similar Money to Poor College Graduates

October 20, 2014 by

 

Wealthy high school graduates make similar incomes to poor college graduates. Nearly the same amount of rich dropouts stay in the top income quintile as poor graduates stay in the bottom (14% vs. 16%). Cumulative advantage (or disadvantage) is still noticeably present for the wealthy, even those who academically strive the least.

–from The Washington Post

Leading Causes of Death, Compared

October 13, 2014 by

These circles represent the major causes of death in England with the circle size corresponding to the number of people. Click through for an interactive version.

–from the UK’s National Health Service

Chickens Today Are More Than Four Times Larger Than in the 1950’s

October 8, 2014 by

When being fed the same diet, today’s chickens grow to over 4,000 grams, compared to 905 grams for a chicken common to the 1950’s. This is highly correlated to an increase in chicken consumption over the same period, which became more popular than pork in the 1990’s and is nearly as popular as beef today.

–from Vox.com

Much of the US Southwest Still in Drought Conditions

October 6, 2014 by

droughts

Much of the US has been in a serious drought for the past few years. Although it is indeed severe in California, the intensity of this drought is not yet as serious as the famed dust bowl of the 1930’s. Click through for interactive maps and an extensive history of American droughts.

–from The New York Times


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