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Savolainen links antisocial behavior in childhood to disadvantage and poverty in adulthood

Norton et al. put dollar value on relief from chronic pain for Americans age 50+

Seefeldt says TANF restrictions may limit program's help for poor Americans

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Highlights

Paula Fomby to succeed Jennifer Barber as Associate Director of PSC

PSC community celebrates Violet Elder's retirement from PSC

Neal Krause wins GSA's Robert Kleemeier Award

U-M awarded $58 million to develop ideas for preventing and treating health problems

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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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