As student loan debt passes $1 trillion, seeing decline in return on investment

As student loan debt passes $1 trillion, seeing decline in return on investment
More than 160 people attended “Generation Debt: the Promise, Perils and Future of Student Loans” at the Federal Reserve Bank of St. Louis on Monday, Nov. 18. The conference was co-sponsored by the St. Louis Fed and the Center for Social Development in the Brown School at Washington University in St. Louis.

Special journal issue emphasizes saving and educational success

Special journal issue emphasizes saving and educational success
A special issue of "Economics of Education Review" marks the first comprehensive set of studies that link assets and educational attainment. Research provides evidence that college savings should be included in policies for educational financing.

With the right mortgage, homeownership builds wealth

With the right mortgage, homeownership builds wealth
The Great Recession, characterized by devastating mortgage defaults, has challenged the traditional belief that homeownership is a good investment. This is particularly true for those with low and moderate incomes.

New book addresses gap in financial capability

New book addresses gap in financial capability
Financial issues impacting families are receiving renewed attention and interest by scholars, practitioners and students. Unfortunately, social workers and other human service workers often lack preparation, knowledge and skills to tackle increasingly complex financial problems facing their clients.