Friedman: Spark Prosperity for Everyone to Close the Racial Wealth Gap

Robert E. Friedman believes we can close the racial wealth divide in a generation. “I believe in the promise of this country … and in this community. St. Louis has become a symbol to the country of the results of racial inequity, and I think it’s leading the way to close the racial wealth divide, and to let America live up to its ideals.”

Financial Social Work

Sherraden, M. S., & Huang, J. (2019). Financial social work. In C. Franklin et al. (Eds.), Encyclopedia of Social Work. doi:10.1093/acrefore/9780199975839.013.923

Financial Inclusion and Financial Access

Birkenmaier, J., Despard, M., Friedline, T., & Huang, J. (2019, February). Financial inclusion and financial access. In C. Franklin et al. (Eds.), Encyclopedia of Social Work. doi:10.1093/acrefore/9780199975839.013.1331

Financial Capability as Social Investment

Caplan, M., Sherraden, M. S., & Bae, J. (2018). Financial capability as social investment. Journal of Sociology & Social Welfare, 45(4), 147–167. doi:10.7936/gmfw-0e43

Asset Building as Social Investment

Sherraden, M. (2018). Asset building as social investment. Journal of Sociology and Social Welfare, 45(4), 35–54. doi:10.7936/d50p-as46

Pennsylvania adopts universal Child Development Account policy

With bipartisan support, Pennsylvania is launching a statewide policy to provide college savings accounts for all newborns with a $100 scholarship grant. The universal, automatic-enrollment Child Development Account policy will affect many families: Pennsylvania averages 140,000 births a year.

Forum focuses on financial capability for vulnerable families

​​To celebrate Financial Capability Month, the Center for Social Development and the Center for Household Financial Stability at the St. Louis Federal Reserve convened a forum, “Coin a Better Future: Reaching Out to Financially Vulnerable Families.”

Journal: Start children early for financial success

The Great Recession exposed the financial fragility of millions of American families. Now researchers and policymakers are striving to improve the next generation’s grasp of personal finance and its access to safe financial products.

New book explores the rise of asset building

More than two decades after Michael Sherraden, PhD, wrote Assets and the Poor – introducing asset building as a new social policy framework – that idea has taken off in numerous directions.

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.

Giving children a financial stake in college

William Elliott, III, Assistant Professor at the School of Social Work at the University of Pittsburgh and a Faculty Associate at the Center for Social Development at Washington University’s Brown School, will present his research on children’s savings and educational outcomes at 1:00 pm, April 8, 2011, in Brown Lounge.

CSD launches new College Savings Initiative

Through the College Savings Initative, CSD and the New America Foundation will examine innovative ways to create more inclusive 529 college savings plans.

Assets and the Social Investment State

Miller, D. J. (2003). Everything you own belongs to the land: Land, community, and history in Tillery, North Carolina (CSD Working Paper No. 03-22). St. Louis, MO: Washington University, Center for Social Development.