Asset Building Program

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Researcher's Proposal Touts Savings Accounts to Ease Student Debt Crisis | Phys.Org

July 22, 2013

Elliott presented his research at Saving Financial Aid: Expanding Educational Opportunity and Reimagining the Way We Pay for College through Promoting Children's Savings in Washington, D.C. The event, organized by the New America Foundation...

Under-banked Increasingly Turning To Mobile Phones |Banker & Tradesman

July 22, 2013

“This is an enormous sector. It’s huge. This is a billion-dollar business,” says Justin King, a federal policy liaison for the New America Foundation. “It runs the gamut from check cashers and payday lenders to rent-to-own businesses, and that’s even before you get into the online world. There’s an online segment to almost all of those business types.”

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New Savings Plan Could Help Student Debt | San Antonio Express

July 19, 2013

It was released this week at an event put on by the Washington-based New America Foundation. Attempts to address student debt have proven challenging. Lengthy congressional efforts to reverse the doubling of interest rates on new subsidized federal ...

Study Suggests Going Back to Basics: Saving to Fund Education | Diverse: Issues In Higher Education

July 15, 2013

Elliott and Lewis made their remarks Monday at the New America Foundation, a nonpartisan policy and research organization, during a panel discussion titled “Saving Financial Aid: Expanding Educational Opportunity and Reimagining the Way We Pay for ...

RELEASE: New Resource on Asset Limits in Public Assistance Programs

July 11, 2013

Washington, DC — As the leadership of the House of Representatives struggles to find a path forward for the Farm Bill, the New America Foundation’s Asset Building Program — a leading voice on policies to enable low- and middle-income Americans to save money and create economic opportunity — today unveiled a new website aimed at educating policymakers and the public about asset limits in public assistance programs.
 

Obama Gets Poor Ranking on Mentions of ‘Poverty’; More Abundance for ‘Middle Class’

July 8, 2013

The White House wouldn’t address Mr. Obama’s tendencies when talking about social class. But Rachel Black, a specialist on policies for low-income families at the nonpartisan New America Foundation, said Mr. Obama is downplaying the poor in words rather than deeds.

Original Article

Sound Bites: Farm Bill Fails | The Marc Steiner Show (Audio)

June 27, 2013

On another live episode of Sound Bites we continue our discussion of the Farm Bill, which the House of Representatives failed to pass last week. Joining us will be: Patty Lovera, Assistant Director of Food & Water Watch, where she coordinates the Food Team; Justin King, Federal Policy Liaison of the Asset Building Program for the New America Foundation; and Robert L. Paarlberg, Betty Freyhof Johnson ’44 Professor of Political Science at Wellesley College and researcher on food and agricultural policy.

How Asset Limits Threaten Low-Income | Mother Jones

June 20, 2013

"Forcing families to choose between a small emergency cushion and putting food on the table is beyond counter-productive," Reid Cramer, director of the New America Foundation's Asset Building Program, said...

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RELEASE: House Plan to Cut SNAP Funding Through 'Asset Tests'

June 19, 2013

Washington, DC — Today, the U.S. House of Representatives is set to debate farm bill legislation that would force $20.5 billion in cuts to the Supplemental Nutrition Assistance Program (SNAP), accomplished in part by requiring states to enforce arbitrary “asset tests.” Under the proposal, low-income families would be ineligible for SNAP if they have any more than $2,000 in savings.

Kansas Bleeds the Middle Class

June 18, 2013

The New America Foundation in Washington D.C. researches policies on asset limits, and says that Kansas is one of ten states that has kept its asset limits that low, which is half of what the foundation estimates families should be able to have to weather unexpected expenses. In general, they find that these requirements discourage families from saving money and ultimately means low-income families rely on public assistances longer than they would if they were more freely able to build wealth.

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