"The borrowers struggling the most to pay off their student debt are exactly the people that student loans are designed to help. Regardless of whether they left school in 2005, 2007 or 2009, low-income borrowers were more likely than their wealthier counterparts to default or be at least 120 days delinquent on their payments within five years of graduat […]
"In the latest escalation of a complicated standoff between the federal government and the state, Gov. Rick Scott announced Thursday he will sue federal officials for tying funding for some hospitals and other health-care providers to Medicaid expansion."
"As this controversy illustrates, mixing the rich and poor sounds simple in theory but can raise a number of complications. And the problem isn’t limited to which door people enter. While economically mixed communities can offer safety, better living conditions, and better schools, a growing body of research suggests they can also adversely affect low-i […]
"In King County, where Charles has his rental properties, one out of five households are below the federal poverty level. And that number is closer to one in three rental households nationally, according to Zillow internal data."
"New research that shows poor children have smaller brains than affluent children has deepened the national debate about ways to narrow the achievement gap. Neuroscientists who studied the brain scans of nearly 1,100 children and young adults nationwide from ages 3 to 20 found that the surface area of the cerebral cortex was linked to family income. The […]
"To catch you up, Florida had been in talks with the administration over expanding Medicaid to 800,000 or more Floridians. But Scott recently reversed his previous support for the expansion. Scott did this because the federal government is close to nixing some of the billions in Medicaid funding for another program — the Low-Income Pool, or LIP — which […]
"So this coalition just handed the Senate’s tax-writing committee a list of 15 tax-reform proposals they say would significantly increase benefits for lower-income households and households of color and have a sustainable impact on their economic mobility. These new or reformulated tax breaks focus on increasing financial security, retirement savings an […]
"More people in the United States say lower-income earners pay too much in federal taxes, according to a survey Gallup released Wednesday. As Americans face the Wednesday deadline to pay their taxes, 45 percent of adults believe those in lower brackets pay too much, up 5 percentage points from recent years, the poll found."
"Americans have long balanced competing notions of fairness when deciding on policy toward the poor. We want everyone to pitch in, to pay their 'fair share,' so we have moved away from making cash transfers to low-income households and have avoided proposals for a minimum guaranteed income. At the same time, we want to support those in need, t […]