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Shaefer and Edin's book ($2 a Day) cited in piece on political debate over plight of impoverished Americans

Eisenberg tracks factors affecting both mental health and athletic/academic performance among college athletes

Shapiro says Americans' low spending reflects "cruel lesson" about the dangers of debt

Highlights

Susan Murphy elected to the National Academy of Sciences

Maggie Levenstein named director of ISR's Inter-university Consortium for Political and Social Research

Arline Geronimus receives 2016 Harold R. Johnson Diversity Service Award

PSC spring 2016 newsletter: Kristin Seefeldt, Brady West, newly funded projects, ISR Runs for Bob, and more

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Frank P. Stafford

Stafford, Schoeni, and Chen find many Americans making little headway against debt

a PSC In The News reference, 2012

"U-M study says 20% of U.S. households underwater" - Detroit Free Press. 05/08/2012.

Analyzing PSID data on the financial resources and debt of more than 8,000 families before and after the recession, Frank Stafford, Bing Chen, and Robert Schoeni find that many families are still struggling with debt. Their data indicate that about 1 in 5 households have more in unsecured debt than they do in savings and assets. See MSNBC coverage of the study.

Researchers:

Frank P. Stafford
Robert F. Schoeni

More Media Coverage:

Ann Arbor.com. U-M report: 1 in 5 U.S. households underwater with debt. 5/8/2012.

ISR Sampler. Many U.S. families are underwater with debts. 5/8/2012.

New York Times . More Families Report Having No Savings at All. 5/10/2012.

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