- Handing out money to stave off homelessness, By Peter S. Goodman, April 19, 2010, New York Times: “Two years into a merciless downward spiral, Antonio Moore was threatened with living on the street. He had lost his $75,000-a-year job as a mortgage consultant, his three-bedroom house with a Jacuzzi, his Lexus sedan. He could no longer pay even the rent on his cramped studio apartment – not on his $10-an-hour part-time job as a fry cook at a fast food restaurant. Faced with eviction, he was staring last month at the imminent prospect of joining the teeming ranks of the homeless. His last hope was a new $1.5 billion federal program aimed at preventing that fate. Within days of applying, a check for $775 was on its way to Mr. Moore’s landlord, enabling him to stay – at least for now. Much like the Great Depression, when millions of previously working people came to rely on a new social safety net for their sustenance, a swelling group of formerly middle-class Americans like Mr. Moore, 30, is seeking government aid for the first time. Without help, say economists, many are at risk of slipping permanently into poverty, even as economic conditions improve…”
- Homeless families in motels decline, By Nancy H. Gonter, April 18, 2010, Springfield Republican: “State statistics show the number of homeless families living in motels across the commonwealth has declined over the past two months, but it is still costing close to $2 million a month to provide them places to live. State and regional leaders in the efforts to address homelessness say a continuing need for more ‘affordable housing’ to provide these families a new start remains at the root of the problem. And, they caution that the stagnant economy and expectations for state budget reductions threaten to force even more families onto the streets in the months ahead…”
Tag: Newly poor
For-profit Colleges and Trade Schools
In hard times, lured into trade school and debt, By Peter S. Goodman, March 13, 2010, New York Times: “One fast-growing American industry has become a conspicuous beneficiary of the recession: for-profit colleges and trade schools. At institutions that train students for careers in areas like health care, computers and food service, enrollments are soaring as people anxious about weak job prospects borrow aggressively to pay tuition that can exceed $30,000 a year. But the profits have come at substantial taxpayer expense while often delivering dubious benefits to students, according to academics and advocates for greater oversight of financial aid. Critics say many schools exaggerate the value of their degree programs, selling young people on dreams of middle-class wages while setting them up for default on untenable debts, low-wage work and a struggle to avoid poverty. And the schools are harvesting growing federal student aid dollars, including Pell grants awarded to low-income students…”
Suburban Poverty – Twin Cities, MN
Poverty is hitting the suburbs with more sting, By Mary Jane Smetanka, March 6, 2010, Minneapolis-St. Paul Star Tribune: “In a startling shift, Twin Cities suburbs now have more poor people than the core cities of Minneapolis and St. Paul. Job losses, foreclosures and disappearing insurance coverage have pushed requests for food stamps, medical assistance and emergency housing aid to record levels. Homeless numbers are rising. Food shelves are scrambling to meet demand. It’s a trend mirrored in suburbs across the nation, where a recent study found that suburban poverty has grown five times faster than it has in big cities. Worst hit are single moms and unskilled workers whose finances were shaky before the economy dipped. But financial stress reaches well into the middle class…”