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Category: Hmm, I didn’t know that…

Latest Blog Posts on Category: Hmm, I didn’t know that…

Photo Shocked parents
Hmm, I didn't know that...

Hmm, I didn’t know that child care costs can be higher than college tuition?

In recent years, the cost of child care has escalated dramatically, becoming a significant financial burden for many families across the United States and beyond. According to a report from the Economic Policy Institute, the average annual cost of child care for an infant can exceed $15,000 in some states, which is often comparable to […]

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Photo Homeownership barrier
Hmm, I didn't know that...

Hmm, I didn’t know that student loan debt can prevent homeownership?

Student loan debt has become a significant barrier to homeownership for many young adults in the United States. As of 2023, the total student loan debt in the country exceeds $1.7 trillion, affecting approximately 45 million borrowers. This staggering figure not only reflects the rising costs of higher education but also highlights the long-term financial […]

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Photo Healthcare Disparities
Hmm, I didn't know that...

Hmm, I didn’t know that access to healthcare is still unequal in developed countries?

Healthcare inequality is a pressing issue that persists even in developed nations, where one might expect a more equitable distribution of health resources and services. Despite advancements in medical technology and healthcare systems, significant disparities exist in access to care, quality of treatment, and health outcomes among different populations. These inequalities are not merely statistical […]

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Photo Overcrowded apartments
Hmm, I didn't know that...

Hmm, I didn’t know that affordable housing is out of reach for many families?

The term “affordable housing” often conjures up a variety of images and assumptions, many of which are misleading. For some, it suggests a government-subsidized apartment complex filled with low-income residents, while others may envision a quaint neighborhood with modest homes that are accessible to the average worker. However, the reality is far more complex. Affordable […]

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Photo Eye-opening documentary
Hmm, I didn't know that...

Hmm, I didn’t know that homelessness could happen to anyone?

Homelessness is a complex and multifaceted issue that affects millions of individuals and families across the globe. It is not merely the absence of a physical shelter; rather, it encompasses a range of experiences and challenges that can vary significantly from one person to another. In urban areas, homelessness often manifests in visible forms, such […]

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Photo Empty apartment
Hmm, I didn't know that...

Hmm, I didn’t know that rent control could sometimes hurt more than help?

Rent control is a government policy that regulates the amount landlords can charge tenants for residential properties. While intended to make housing more affordable for low-income individuals and families, it often results in unintended consequences affecting both tenants and landlords. One such consequence is the creation of housing shortages. When landlords cannot charge market rates, […]

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Photo Pay gap graph
Hmm, I didn't know that...

Hmm, I didn’t know that the gender pay gap persists despite equality laws?

The gender pay gap remains a significant and persistent issue in labor markets around the world, reflecting deep-rooted societal norms and economic structures that disadvantage women. Defined as the difference in earnings between men and women, the gap is often expressed as a percentage of men’s earnings. Despite decades of advocacy for gender equality, women […]

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Photo Budgeting infographic
Hmm, I didn't know that...

Hmm, I didn’t know that social security benefits might not be enough to live on?

Social Security benefits are a crucial element of retirement planning for many Americans. These benefits provide financial support to retirees, certain disabled individuals, and their families. The amount of benefits an individual receives is based on their lifetime earnings, with higher earners typically receiving larger benefits. Understanding the calculation of Social Security benefits and the […]

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Photo Grocery store shelves
Hmm, I didn't know that...

Hmm, I didn’t know that food deserts still exist in wealthy nations?

Food deserts are defined as geographic areas where residents have limited access to affordable and nutritious food. These regions often lack grocery stores, farmers’ markets, and other sources of fresh produce, leading to a reliance on convenience stores and fast-food outlets that typically offer processed and unhealthy food options. The U.S. Department of Agriculture (USDA) […]

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Photo Hospital bill
Hmm, I didn't know that...

Hmm, I didn’t know that healthcare costs more in some countries despite higher taxes?

Healthcare costs exhibit significant variation across countries and regions, influenced by numerous factors including the structure of the healthcare system, government involvement, availability of private healthcare options, and population health status. Some nations primarily fund healthcare through taxation, while others rely on individual contributions. This disparity in healthcare costs significantly impacts the accessibility and quality […]

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