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While investing in a college education has undeniable, lifelong economic benefits, excessive levels of student debt can impose hefty financial burdens on borrowers.
https://www.pgpf.org/blog/2021/05/10-key-facts-about-student-debt-in-the-united-states
Despite the consensus among economists that some amount of inflation is likely to occur in the near term, their level of concern varies.
Even before the COVID-19 pandemic, 1 in 7 children were classified as being in poverty.
https://www.pgpf.org/blog/2021/04/what-are-the-economic-costs-of-child-poverty
Generally, states with larger populations have been receiving more federal dollars from COVID-19 relief programs as such states typically have more unemployed persons, small businesses, and healthcare providers to which that relief has been targeted.
https://www.pgpf.org/blog/2021/04/why-do-states-receive-different-amounts-of-federal-covid-aid
One key component of the $1.9 trillion package is an estimated $362 billion in federal aid to state, local, territorial, and tribal governments to cover expenditures incurred due to the public health emergency.
SNAP is the largest federal program aimed at combating hunger and food insecurity among low-income Americans.
The child tax credit (CTC) is a measure administered though the tax code that is designed to make raising children more affordable by easing the financial burden faced by families.
https://www.pgpf.org/budget-basics/what-is-the-child-tax-credit
The earned income tax credit (EITC) is a measure administered through the tax code to address poverty. It was first enacted in 1975 on a temporary basis amid broader debates about welfare reform and had the primary goal of encouraging people to obtain employment.
https://www.pgpf.org/budget-basics/what-is-the-earned-income-tax-credit
Today's young adults are more likely to have student debt than their historical peers.
https://www.pgpf.org/chart-archive/0223_millennial_student_debt
There were 916,000 jobs added in March, which suggests that the labor market recovery is accelerating. However, the unemployment rate remains high, especially for non-white workers.
https://www.pgpf.org/blog/2021/04/march-showed-positive-signs-for-the-labor-market-recovery