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Over the past decade, rents and home prices in major cities across the country have escalated rapidly. As young adults transition from college into the workforce, already owing an average of $20,000 in student loan debt, securing affordable housing in the current market can pose an overwhelming
Research
Debt has become a generation-defining characteristic for today's young adults. The problem often begins with student loan debt, which today affects both community college and university students. In addition, today's young adults are relying more on credit to cover basic living expenses
Research
Job security and stability were defining characteristics of the U.S. labor market from the 1950s to the mid-1970s. A large portion of the workforce was unionized, and workplace benefits such as health insurance and pensions were standard. Today, young workers can no longer expect to work at a
Research
In today's knowledge-based economy, a college degree is a necessary qualification for entry to the middle class. Over the last 30 years, as real wages for workers with only a high school diploma have fallen, the life outcomes for those with college degrees have diverged from those with only high
Research
Boston, MA — A broad coalition of organizations that care about the quality of elections in Massachusetts issues the following call for change: The right to vote is essential to the legitimacy of our democracy. On November 7th, over 10 percent of precincts in Boston ran out of ballots during the
Press release/statement
New York, NY — Homeowners have been tapping into their home equity to get the cash needed to pay down credit card debt incurred not for luxury expenses, but for basic needs. This strategy leaves them on precarious financial footing after two years of interest rate hikes and the largest drop in home
Press release/statement
In response to ever-increasing financial pressures, families have come to depend on high-cost credit as a way to bridge the gap between stagnant or decreasing incomes and rising costs. How are families coping with their new burden? To hang on to the American Dream, to be part of the ownership
Policy Briefs
What specific changes must nonprofit groups make to meet the demands of this new era? What are the risks of ignoring these trends? Do all nonprofit leaders need to become technophiles?
In the media
Brenda Wright of the National Voting Rights Institute said many problems could be attributed to election workers who are overworked and underpaid. "You can earn more flipping hamburgers than you can working a 14-hour day at a polling station,' she said.
In the media
Tim Harper
Senior Fellow Algernon Austin and Jared Bernstein discuss how the "bad culture" arguments about African-Americans are misguided at best and destructive at worst. By creating an erroneous causal link between "bad culture" and black poverty, the "Cosby consensus" prevents the country from recognizing
In the media
Algernon Austin