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Geronimus: Stress makes black women 7.5 years older in biological age than white counterparts

Frey rethinks trends in Millennial mass urganization

Shaefer on new UN report about America's failing safety net

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Seefeldt promoted to associate professor of social work, associate professor of public policy

Martha Bailey elected to the Board of Officers of the Society of Labor Economists

Charlie Brown elected to the Board of Officers of the Society of Labor Economists

Former PSC trainee Patrick Kline wins SOLE's Sherwin Rosen Prize for "Outstanding Contributions in the Field of Labor Economics"

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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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