Since 2008 upward of four million families have lost their homes to foreclosure. However, many families who defaulted on their mortgages avoided foreclosure and still remain in their homes. In this brief, Hannah Thomas explores how families in foreclosure exhaust their wealth. Download Brief Policy makers do not have a clear picture of the financial impacts … Continue reading When the Meaning of Home is Financially Exhausting: How Families in Foreclosure are Motivated to Exhaust Their Wealth
Publications
Housing Instability among College Students
As a wider swath of Americans seek the opportunities created by higher education, colleges and universities are beginning to confront a challenge faced by a growing number of their students: housing insecurity. A perfect storm created by a weak economy, a shortage of affordable housing, high college costs, and insufficient financial aid is leading more … Continue reading Housing Instability among College Students
Finding a Yardstick: Field Testing Outcome Measures for Community-based Financial Coaching and Capability Programs
Despite a strong emphasis on building people’s capability to manage their household finances, the “field” lacks a clear set of standards for measuring the condition of any individual’s financial status. The goal of this report by J. Michael Collins and Collin O'Rourke is to describe a small set of standardized measures that could be worthy … Continue reading Finding a Yardstick: Field Testing Outcome Measures for Community-based Financial Coaching and Capability Programs
University of Wisconsin-Madison Center for Financial Security 