Rachel Black: All Related Content

All related content for this individual is listed below.

The Retirement Savings Fiasco

  • By
  • Rachel Black,
  • New America Foundation
November 4, 2013 |

Getting more for our financial aid bucks: New blog series on college savings

November 4, 2013
Publication Image Two weeks ago, the College Board issued new reports on student aid and college pricing. The findings? Tuition is rising, and financial aid isn't keeping up. According to their numbers, 60 percent of college students will graduate with debt, with the average graduate carrying over $26,000 worth.

Changing Federal Policy to Help Families Save

September 24, 2013

On September 20th, Rachel Black presented "Removing Barriers, Building Savings: Changing Federal Policy to Help Families Save" to the Inter-religious Working Group on Domestic Human Needs.

You can find a copy of the presentation here.

Removing Barriers, Building Savings

September 24, 2013

On September 19th, Rachel Black presented "Removing Barriers, Building Savings" to 2013 OFA Regions I, II, and III TANF Technical Assistance Meeting: Developing an Exit Strategy for Leaving TANF on the Pathway to Family Stability.

You can find a copy of the presentaiton here.

America’s Hidden Poverty Problem

  • By
  • Rachel Black,
  • New America Foundation
September 19, 2013 |

America’s Hidden Poverty Problem

September 19, 2013

Editor's note: This post originally appeared in the third edition of New America's new digital magazine, the Weekly Wonk.

On Tuesday, the U.S. Census Bureau announced that 46.5 million people, more than half of whom were children, lived in poverty in 2012. Those numbers are staggering, and virtually unchanged from the 2012 stats. But here’s the kicker: They’re also masking the scale of the problem.

Here’s why: The way poverty is measured is outdated and based on faulty assumptions. It’s meant to tell us how many people have incomes below a federally defined threshold. In 2012, that threshold was around $23,000 for a family of four. To put this into perspective, if both parents were working full time at the minimum wage their yearly income would be just under $30,000. A poverty threshold that makes minimum wage earnings look cushy should certainly raise an eyebrow.

Since the formula was initially calculated by tripling the cost of a basic food basket in the 1960s (and adjusted from that point to inflation since), it fails to reflect a modern family budget, which allocates much more to housing, transportation, medical expenses, and child care than the Cleavers ever did. It also doesn’t account for geographical variation. The purchasing power of a family earning $23,000 in Manhattan, New York, is, unsurprisingly, different than the same family living in Manhattan, Kansas.

"We are the real experts."

August 19, 2013
Publication Image

“If you want to find solutions to the issues that people face while living in poverty, people actually living in poverty need to be part of the discussion when decisions are being made.”

Student Loan Deal Misses Bigger Threat to College Access

August 13, 2013
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Although President Obama and Congress have acted to preserve affordable student loan rates, they’re failing to address a much more serious threat that could impair college access. College enrollment could decline dramatically – no matter what the loan rate - as a result of the loss of household wealth during the recession.

Food stamp roll swells in Georgia | The Atlanta Journal-Constitution

July 23, 2013


“The recession made a big hole and it’s going to take a long time to fill it,” said Rachel Black, senior policy analyst in the asset building program of the New America Foundation. “Unemployment rate is going down but a lot of jobs are at reduced hours and at a reduced wage.”
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