The Michigan Legislature passed legislation in October 2021 to create the Student Opportunity Scholarship Program, which would give thousands of families across the state more spending power to help meet their children's educational needs. This report unpacks this proposed education savings account program and analyzes its potential fiscal impacts.

Over the past decade, Children's Savings Account (CSA) programs have proliferated across the United States. CSA programs pair long-term savings and investment accounts with other supports to help families pay for post-secondary education. The goal of most CSA programs is to increase participants'--especially those from low-income…

Using consumer socialization theory, this study examined the associations between perceived influence of parents, peers, employment, and media and spending behaviors of emerging adult college students from three different regions of the US: Northeast, South Atlantic, and Mountain regions. Data from the Emerging Adult Financial Capability Study (N…

Since the content of the Theory of Interest course in an actuarial science program is tied to an external exam, instructors may be hesitant to attempt to use inquiry-based learning. In this paper, I outline how and why I did so, including descriptions of the materials that I wrote. I found that student performance on the final exam improved…

An evaluation was implemented over a 3-year period to assess a statewide financial capability program for low-income, diverse clientele in Michigan. Pre- and post- program evaluation data was used to determine knowledge gain and intended behavior change. Follow-up evaluation data confirmed behavior changes across 10 financial practices. Using the…

Background: Cost-related nonadherence (CRN) to recommended self-management behaviors among adults with chronic conditions such as diabetes is prevalent. Few behavioral interventions to mitigate CRN have been tested and evaluated. Aims: We developed a financial burden resource tool and examined its acceptability and the preliminary effects on…

The Coalition for Community Schools (Coalition), as an alliance of national, state and local partners that advocate for community schools, wanted to provide support and a space for community school leaders to share their challenges and successes during the COVID-19 pandemic. Beginning March 17, 2020 through the present, the Coalition conducted…

School districts across the land are contending with rising education costs and constrained revenues. Ballooning retirement obligations and ever-growing personnel expenditures in particular are leaving many district budgets in the red. Yet state policies for assisting school districts in financial trouble are uneven and complex. Interventions are…

Children's Savings Accounts (CSAs) are tools designed to help low- and moderate-income families save for college and build students' expectations for attendance. But for many low-income families who can benefit most from these tools, the challenge to save and pay for college is underscored by systemic barriers connected to income and wealth…

This book critiques dominant discourses and debates pertaining to values education, cultural identity and teaching democracy, set against the backdrop of growing social stratification and unequal access to quality education. It addresses discourses concerning globalisation, ideologies and the state, as well as approaches to values education and…

This study represents an extension of longitudinal studies regarding personal financial literacy. Graduating college students must have a financial plan in place as they enter the workforce along with a "game plan" on how to attack their college debt. A college personal finance course can help each student develop their personalized…

This paper is the first to investigate the costs of institution-wide reforms at community colleges. Drawing on data from 12 community colleges implementing comprehensive guided pathways reforms, I use the ingredients method to analyze the resources required to implement such reforms and examine their feasibility and affordability, as well as their…

Early awareness strategies, from outreach campaigns to cohort-based learning groups to scholarships, are a group of efforts that help middle school students stay on the path to college and understand how to fund their education. These strategies become part of early awareness programs, which seek to put students on a college-going path by…

Over the last decade, the State of Michigan Public Education Report has marked annually Michigan's progress and performance based on important data-driven measures and outcomes. This year, for the 2020 report, The Education Trust-Midwest (ETM) reports on these important measures while also noting the unprecedented moment in which Michigan, the…

Several systemic factors contribute to the lack of stability and educational opportunities for students in foster care, including lack of transportation to the school of origin (or the schools they enrolled in when they first entered foster care), difficulty enrolling in new schools and transferring credits between school districts, gaps in…