debt | WITF

May 26, 2023 | 3:54 PM

Harrisburg paid off big debt early; what’s next for the city?

Harrisburg became debt-free in March, when it made its last $8.3 million payment to bond insurer AMBAC. In September 2022, the city finished paying off a $125.6 million debt dating back to the Reed Administration in 1997.

By Gabriela Martínez/WITF

May 22, 2023 | 2:29 PM

These are some of the people who’ll be impacted if the U.S. defaults on its debts

By Scott Horsley/NPR

March 16, 2023 | 6:06 PM

Harrisburg pays off multi-million dollar bond insurance debt

By Sam Dunklau

January 15, 2023 | 8:47 AM

The U.S. could hit its debt ceiling within days. Here’s what you need to know.

The ceiling was last raised by $2.5 trillion in December 2021 to a total of $31.4 trillion

By Juliana Kim and Scott Horsley/NPR

January 12, 2023 | 5:00 AM

Americans are piling up credit card debt — and it could prove very costly

The average credit card user was carrying a balance of $5,474 last fall, according to TransUnion, up 13% from 2021.

By Scott Horsley/NPR

October 22, 2022 | 11:51 AM

Biden’s student debt relief plan is temporarily blocked. Here’s what you need to know.

Already, nearly 22 million people — more than half of qualifying borrowers — have signed up.

By Juliana Kim/NPR

August 2, 2021 | 11:09 AM

Cheyney to use stimulus money to erase unpaid student bills

The university expects to spend roughly $400,000 for the benefit of about 180 students.

By The Associated Press

June 10, 2021 | 5:43 AM

Sold on the promise of a college education, some former Milton Hershey School students ended up with debt, hardships

Hershey profits benefit a boarding school that spends lavishly on its low-income students. But that investment comes with strings attached — leaving some students behind and others mired in debt.

By Bob Fernandez/The Philadelphia Inquirer

December 16, 2020 | 8:03 AM

Paycheck-to-paycheck nation: How life in America adds up

Today, amid the pandemic, a third of U.S. adults say they are having difficulty covering everyday costs like food, rent or car payments. While people with the lowest incomes face the biggest challenges, even some households making above $200,000 are straining to pay basic expenses.

By Alina Selyukh/NPR

September 2, 2020 | 6:54 PM

U.S. to owe more than the size of its economy for the 1st time in 75 years

By Scott Horsley/NPR

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