American RadioWorks |
The campus of the University of Chicago. Kevin Carey says most students of the future won't be going to traditional college campuses. Photo: Wikipedia.

The End of College or the University of Everywhere

When education policy wonk Kevin Carey looks into the future, he sees the end of traditional colleges and universities and he says that's a good thing.

Recent Posts

  • 03.18.15

    UnRetirement

    Today older Americans are heading back to school in record numbers. Many have already started a career, but want to gain knowledge or skills that can make them more competitive in the workplace. Colleges and universities are grappling with the needs of a changing population of students.
  • 03.11.15

    The Test

    In her new book,“The Test: Why Our Schools are Obsessed with Standardized Testing–But You Don’t Have to Be,” NPR Education Blogger Anya Kamenetz examines the role testing plays in American public education.
  • 03.04.15

    An Administrator Responds to Adjunct Protests

    Last week, we talked about growing dissent among adjunct college instructors who claim they’re not getting compensated fairly for the work they do. This week we’ll hear from someone who has dealt with this issue from the administration side.
  • 02.26.15

    Adjunct voices

    Ahead of National Adjunct Walkout Day on February 25th, American RadioWorks asked adjunct professors around the country how things are going for them. The short answer? Not well.


in collaboration with Spotlight on Poverty and Opportunity

Allow people on government assistance to build assets

File under: personalfinance

5 (2 votes)

From: Jo Ann T., St. Paul, MN

Many who are experiencing poverty are excluded from being able to build assets, such as savings accounts, vehicles, burial plots, life insurance policies, stocks and bonds. Those who rely on government assistance in the form of medical assistance, Temporary Assistance for Needy Families (TANF), Minnesota Family Investment Program (MFIP), food stamps, Social Security or Social Security Disability Insurance (SSDI) are not allowed to build any type of nest egg for themselves. If a participant in any of these programs has an asset over the amount allowed, they must first "spend it down," in other words, sell it and live off the money before they can become eligible for the program.

I train low-income community members in becoming leaders in the community, so that they can become change agents in the area of poverty. In a recent class that I was teaching, we discussed building a small nest egg while on Social Security Disability. My students' idea was to allow people to save two times their monthly grant per year. So someone who receives $500 per month could save up to $1000 per year. They could continue to build on this each year, but never exceed more than an additional $1000 per year. My students said the would use these savings to make car repairs or even pay their utility bills after a cold winter.


Comments:

American RadioWorks |
The campus of the University of Chicago. Kevin Carey says most students of the future won't be going to traditional college campuses. Photo: Wikipedia.

The End of College or the University of Everywhere

When education policy wonk Kevin Carey looks into the future, he sees the end of traditional colleges and universities and he says that's a good thing.

Recent Posts

  • 03.18.15

    UnRetirement

    Today older Americans are heading back to school in record numbers. Many have already started a career, but want to gain knowledge or skills that can make them more competitive in the workplace. Colleges and universities are grappling with the needs of a changing population of students.
  • 03.11.15

    The Test

    In her new book,“The Test: Why Our Schools are Obsessed with Standardized Testing–But You Don’t Have to Be,” NPR Education Blogger Anya Kamenetz examines the role testing plays in American public education.
  • 03.04.15

    An Administrator Responds to Adjunct Protests

    Last week, we talked about growing dissent among adjunct college instructors who claim they’re not getting compensated fairly for the work they do. This week we’ll hear from someone who has dealt with this issue from the administration side.
  • 02.26.15

    Adjunct voices

    Ahead of National Adjunct Walkout Day on February 25th, American RadioWorks asked adjunct professors around the country how things are going for them. The short answer? Not well.