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MMI financial educator Thomas Nitzsche said they saw "a really significant jump" in new clients last year.
Gen X and baby boomers carried the highest unsecured debt, averaging about $36,000 and $32,000, respectively.
In 2024, 47% of millennial clients reported facing financial hardships due to excessive credit card use, higher than older generations.
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Selected Foundation News
A customized collection of news from foundations from around the Web.
How A Fossil-Free Military Could Save Europe's Economy 
Russia's invasion of Ukraine exposed Europe's dangerous reliance on Russian fossil fuels.China is rapidly positioning itself as a global leader in military clean energy innovation.Europe can lead the...more
Russia's invasion of Ukraine exposed Europe's dangerous reliance on Russian fossil fuels.China is rapidly positioning itself as a global leader in military clean energy innovation.Europe can lead the...more
Q&Amp;A: These Candidates Want to Be on Arlington Isd School Board. Here Are Their Priorities 
Incumbent trustee David Wilbanks faces April Williams Moore in his run for reelection to the Arlington ISD school board.Wilbanks: "My experience, commitment, and deep understanding of the district's...more
Incumbent trustee David Wilbanks faces April Williams Moore in his run for reelection to the Arlington ISD school board.Wilbanks: "My experience, commitment, and deep understanding of the district's...more
Improvements in Michigan's Public Schools Highlighted During State Board Meeting 
State Board of Education: Michigan students performed better than last year in most grades and in most subjects on state assessments.CTE completers who took an entire program of study rather than a...more
State Board of Education: Michigan students performed better than last year in most grades and in most subjects on state assessments.CTE completers who took an entire program of study rather than a...more
Meet the 2025 Chancellor's Distinguished Award Winners
Foundation: Pittsburgh Foundation
Rebecca Thurston, a professor in the School of Medicine and School of Public Health, was awarded for her research's profound impact on public discourse and policy.Rachel Bezanson, an associate...more
Foundation: Pittsburgh Foundation
Rebecca Thurston, a professor in the School of Medicine and School of Public Health, was awarded for her research's profound impact on public discourse and policy.Rachel Bezanson, an associate...more
Cascade Enrichment Unveils New Learning Center and Stem-Focused Before and After ... 
Cascade Enrichment Unveils New Learning Center and STEM-Focused Before and After-School Program with Pi Day Ribbon-Cutting.This event not only marks the expansion of CascadeEnrichment's facilities...more
Cascade Enrichment Unveils New Learning Center and STEM-Focused Before and After-School Program with Pi Day Ribbon-Cutting.This event not only marks the expansion of CascadeEnrichment's facilities...more
Eib Backs Africa Finance Corporation $750M Climate Resilient Infrastructure Fund 
EIB backs Africa Finance Corporation $750m Climate Resilient Infrastructure Fund.Fund aims to accelerate climate adaptation in Africa by embedding resilience measures at every stage of infrastructure...more
EIB backs Africa Finance Corporation $750m Climate Resilient Infrastructure Fund.Fund aims to accelerate climate adaptation in Africa by embedding resilience measures at every stage of infrastructure...more
Green Fertilizer Markets and Innovation 
84% of production emissions come from ammonia synthesis, which typically runs on natural gas.Green ammonia is viewed as the most sustainable option, achieving near-zero emissions in production.The...more
84% of production emissions come from ammonia synthesis, which typically runs on natural gas.Green ammonia is viewed as the most sustainable option, achieving near-zero emissions in production.The...more
9.2 Shooting For A Clean Energy Economy With Dr. Geri Richmond 
Department of Energy's (DOE's) Energy Earthshots Initiative set technical and financial goals for key clean energy challenges.The initiative has a portfolio of eight "shots" for technologies like...more
Department of Energy's (DOE's) Energy Earthshots Initiative set technical and financial goals for key clean energy challenges.The initiative has a portfolio of eight "shots" for technologies like...more
Ecosystem Spotlight: Brazil's Use of Technology Parks to Catalyze Early-Stage Innovation 
Technology parks can provide innovators, corporates, and the public sector a physical nexus point to access necessary resources to accelerate innovation.Parks provide resources including equipment,...more
Technology parks can provide innovators, corporates, and the public sector a physical nexus point to access necessary resources to accelerate innovation.Parks provide resources including equipment,...more
Climate Finance Conference 
Climate finance is the study of how financial markets and their participants are affected by climate change.Many securities represent claims on long-term cash flows that can be affected by future...more
Climate finance is the study of how financial markets and their participants are affected by climate change.Many securities represent claims on long-term cash flows that can be affected by future...more
Social Entrepreneurship
Spotlight
New UK Research Body to Drive Progress in Social Investment
The government-backed Social Investment Research Council is newly formed to hatch practical insights into social investment market products, and the investors needed to finance them.