College Inadvertently Increases Racial and Ethnic Disparity in Income and Wealth
Important new research finds that ?colleges successfully ?level the playing field? across students with different socioeconomic backgrounds,? which the researchers approximated with family income. However, this research does not consider an individual?s race or ethnicity as a predictor of success.
The Middle Class May Be Under More Pressure Than You Think
Which Families Are Most Vulnerable to an Income Shock such as COVID-19?
Families without enough "safe" assets and too much debt are at risk—who else should policymakers and others target for economic assistance?
Parents’ Wealth Helps Explain Racial Disparities in Student Loan Debt
The student loans black students are taking out to finance college may be contributing to racial wealth gaps.
Medicaid Can Increase Saving by Distressed Households
After Medicaid eligibility, financially stressed families chose to save more from tax refunds, but low-income families that weren?t as financially stressed didn?t make major changes to saving choices.
Children of College Graduates Earn More and Are Richer
Both a family head?s education and that of his or her parents affect how much income and wealth a family has.