In the age of information, understanding data is essential for financial success. Our site provides clear explanations of data analytics in finance, including how big data influences market trends and personal finance decisions. Discover how to leverage financial data to your advantage with Stilt’s expert guides and analysis.
In a recent comprehensive analysis of student loan data, some startling revelations about the state of educational debt in the United States have come to light. Through meticulous examination of borrower data, paired with state population and economic figures, a clearer picture of the student debt l…
In the last decade, the United States has witnessed an unprecedented surge in student loan debt, transforming it from a widespread concern into an acute crisis that now looms over millions of Americans. This burgeoning debt epidemic not only shackles the financial futures of a generation but also ca…
Key Takeaways: Student loan debt in the U.S. has surged 148% to $1.4 trillion in 2023. Over 10% of student borrowers are currently in default. Student loan defaults have increased by 240% since 2013. In the last decade, the United States has witnessed an unprecedented surge in student loan debt, tra…
Highlights Half of All Bank Failures Since 2000 Occurred Outside the Great Recession Nearly 200 Banks Failed in Just 3 States Since 2000 Almost 85% of Failed Banks Were Acquired by Local Institutions Large Banks Grew Assets by 2-3x Through Failed Bank Acquisition The financial crisis of 2008 tipped …
At a Glance Nearly 94% of cryptocurrency buyers are in the age range of 18-40, with Gen Z and Millennials making up the majority. Gen X and Boomers account for only a small percentage of cryptocurrency buyers. Despite younger buyers outnumbering older ones, Gen X buyers spend the most on
At a Glance Robinhood, a stock trading platform, has grown significantly with 13 million users since its launch in 2013. Compared to platforms like E-Trade, Schwab, and TD Ameritrade, Robinhood saw a 350% increase in average user balance over the last 12 months. Most Robinhood users have credit scor…
At a Glance: Based on USCIS data from 2015 to 2019, the Trump administration’s impact on visa issuance was not as significant as expected. F1 student visas declined by 30% compared to the Obama administration, but were still higher than the Bush administration. H1B visas increased by 4.5% unde…
At a Glance DACA holders in the U.S. contribute billions in taxes for benefits they do not receive. With an average salary of $36,231, they pay $8,695 per year in taxes, resulting in a total income tax contribution of $6.1 billion annually. Despite paying for tax benefits like Social Security
At a Glance More than half of Cash App users have credit scores below 600, with a decreasing percentage as credit scores increase. The majority of Cash App users come from just 10 states, and Texas has a higher userbase than California despite its smaller population. Transaction volume on Cash
At a Glance Zelle captures a larger share of immigrant users, with 41.60% exclusively using Zelle compared to 23.10% using Venmo. Immigrants transfer 2.25 times more money with Zelle than with Venmo, averaging $339.36 per transaction for Zelle and $148.83 for Venmo. Zelle retains 2.28 times more imm…