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Seefeldt says 'consumption smoothing' behavior makes long-term recovery more difficult for economically vulnerable

Seefeldt criticizes Kansas legislation restricting daily cash withdrawals from public assistance funds

Prescott says sex offender registries may increase recidivism by making offender re-assimilation impossible

Highlights

Elizabeth Bruch wins Robert Merton Prize for paper in analytic sociology

Elizabeth Bruch wins ASA award for paper in mathematical sociology

Spring 2015 PSC newletter available now

Formal demography workshop and conference at UC Berkeley, August 17-21

Next Brown Bag

PSC Brown Bags will be back fall 2015


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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