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Stafford says exiting down stock market worsened position of low-income households

Bailey's work cited on growing income disparities in college enrollment and graduation

Murphy says mobile sensor data will allow adaptive interventions for maximizing healthy outcomes

Highlights

PSC Fall 2014 Newsletter now available

Martha Bailey and Nicolas Duquette win Cole Prize for article on War on Poverty

Michigan's graduate sociology program tied for 4th with Stanford in USN&WR rankings

Jeff Morenoff makes Reuters' Highly Cited Researchers list for 2014

Next Brown Bag

Monday, Nov 3
Melvin Stephens, Estimating Program Benefits

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Stafford says some Americans have used retirement accounts unwisely

a PSC In The News reference

"Converting your pension into a granite countertop" - Marketplace.org. 05/07/2014.

Frank Stafford says that the Great Recession motivated people to raid their retirement accounts not only for emergencies, but also for things like home makeovers. In addition, he says, more than 5% withdrew money before the age of 60, which may have meant an additional 10% tax penalty.

Researcher:

Frank P. Stafford

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