Our CFS Commitment to Change

Recent events – including the coronavirus pandemic, its economic fall-out, and the outrage over the killings of Black citizens across our country – highlight the ongoing pattern of racial injustices that have been perpetuated for generations.

The goal of the Center for Financial Security (CFS) is to develop evidence–high quality, rigorous research–that can guide policies, programs and financial systems that reduce inequities, and that include and support economically vulnerable people. We are driven by serious concerns about racial injustice, and its attendant economic insecurity. Our research often highlights the harmful impacts of programs, as well as the institutional rules and unequal access to services that impact families, resulting in systemic racism. We know we can do more, and be more supportive of research that challenges our understanding of inequality in household finances, especially related to the social safety net. Our commitment to this work includes supporting a new generation of researchers, especially those who have been historically marginalized, and focusing on racial disparities in our studies.

Please let us know if you have suggestions for outreach, policy analysis or research ideas that help to shine a light on economic inequities and better ways to support financial security for all. You can reach us by emailing cfs@mailplus.wisc.edu.

Webinar: The Rise of Industrial Robots and Increased Overdose and Disability Rates: A Story of Automation and Addiction in the U.S.

Mortality rates for working age adults without a college degree have increased in recent years, driven by rising ‘deaths of despair’ including drug overdose mortality. At the same time, demand for Supplemental Security Income (SSI) and Social Security Disability Insurance (SSDI) programs among working age adults have increased in recent decades. Research suggests that fading economic opportunities—such as the decline of manufacturing employment—may explain an important portion of these worrisome trends.

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Webinar on Student Loan Debt Relief: What Do We Know?

The economic challenges from the pandemic have drawn added attention to student loan debt relief. There are various approaches to address the $1.7 trillion of national student loan debt or reduce loan default: employer-sponsored repayment, public service loan forgiveness, income-based repayment plans, deferment, refinancing, loan consolidation and in particular loan forgiveness.

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CFS RDRC Training Program Information Session

Topic: CFS Training Opportunities

Time: Jan 14, 2021 03:00 PM Central Time (US and Canada)

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Fall 2020 Speaker Calendar

September 17: Christiana Stoddard, Montana State University, Determinants of the Use of Supplemental Security Income by American Indian and Alaska Natives

September 24: Kangli Li, University of Wisconsin-Madison, The Impact of COVID-19 Lockdowns and Stimulus Payments on Spending of U.S. Lower-income Consumers

October 1: Luisa Blanco, Pepperdine University, Mind your money: A community-based randomized controlled trial of a mobile financial capability intervention among Hispanics (read project description here)

October 8: Susan Carter, Westpoint, Financially Fit? Comparing the credit records of young service members and civilians

October 15: Justin Gallagher, Montana State University, Weathering an Unexpected Financial Shock: The Role of Cash Grants on Household Finance and Business Survival

October 22: Jialan Wang, University of Illinois at Urbana-Champaign, Topic Title TBD

October 29: Ngoc Dao, University of Wisconsin-Madison, State Retirement Income Tax Break

November 5: Jordan van Rijn & Andres Shahidinejad, University of Wisconsin-Madison, Credit Unions & Market Competition

November 12: Lydia Ashton, University of Wisconsin-Madison, User-generated Content on SSDI Application Process

November 19: Crystal C. Hall, University of Washington, Applied Behavioral Science and Financial Decision Making: New Approaches and Insights

December 3: Melody Harvey, University of Wisconsin-Madison, Who Recalls High School Personal Finance?