Artwork stating 'Education Destroys Barriers', 'We Demand Treatment', and 'I Need A Chance'

Search Results

You searched for: -

There are 71 results  for your search.  View and Refine Your Search Terms

  • America Can Fix Its Student Loan Crisis. Just Ask Australia.

    Around the world, students borrow money to pay for college, but, in the United States, students are more likely to fall behind on loans. Australia may offer some lessons: borrowers in Australia only start paying back their loans once their earnings reach $40,000, and beyond that they pay four percent of their income until the loans are repaid. The system does not penalize borrowers when they face economic hardship.

    Read More

  • Building Family Assets

    To improve financial literacy and knowledge around child development, Prosperity Works – a program in New Mexico – is offering classes focused on these issues to parents. This program offers the foundational education necessary to open a bank account and use Individual Development Accounts to save funds for housing or educational needs.

    Read More

  • The Story Behind the First-Ever Life Insurance Coverage for People With HIV

    Up until 2015, people living with HIV in the U.S. could not buy term life insurance, outside of a few small-value employer policies. Æqualis, a new company in partnership with Prudential Financial, began offering 10- and 15-year life insurance policies to individual consumers to help them and to reduce stigmas surrounding the disease.

    Read More

  • Micro-insurance offers poor families in poorer countries protection from destitution

    All across Asia there is a growing market for micro-insurance, or targeted insurance policies that provide benefits to the poorest individuals and families. As of 2012, over 170 million people in Asia were using some form of micro-insurance, but there is so much more room to grow. Successful programs in India, the Philippines, Bangladesh, and other Asian countries are providing health, life, and accident insurance.

    Read More

  • Can teaching Kenyan girls to save money also save them from HIV?

    For adolescent girls in Kenya, poverty increases the likelihood of sexual exploitation. The Safe and Smart Savings program at Zelyn Academy creates a “safe space," where girls can talk about two seemingly disparate — and often taboo — topics: smart savings and reproductive and sexual health, and help break the cycles of poverty and HIV/AIDS.

    Read More

  • Preparing for Disaster by Betting Against It

    In the wake of Hurricane Sandy, necessity has bred an interesting kind of financial invention for the New York MTA: the world’s first “catastrophe” bond - a reinsurance for the insurer - designed to protect public transportation infrastructure, specifically against storm surge. These bonds privatize risk for public gain, creating a kind of tool that may protect economic development against all kinds of natural and man-made disasters around the world.

    Read More

  • Philly-area firm leads the hospital-bill fight vs. the $500 Tylenol

    With more and more Americans having to pay medical costs out of pocket, a small company out of Philadelphia called ELAP is on the front lines of the war against escalating charges. By helping overwhelmed patients to de-mystify and negotiate medical bills, they are ensuring patients get the best value and avoid egregious financial distress.

    Read More

  • A Simple Way to Send Poor Kids to Top Colleges

    Many poor students do not attend selective colleges not because they don't want to, but because they did not understand that they could. Basic information can substantially increase the number of low-income students who apply to, attend and graduate from top colleges.

    Read More

  • Leading the Way Out of Debt

    Neighborhood Trust is a New York-based nonprofit offering financial advice to individuals experiencing economic hardships. Providing hands-on coaching, counselors are able to inform their clients about financial options they may have otherwise not known about like college financial aid or child care tax credits.

    Read More

  • Doing More Than Praying for Rain

    Most insurance companies avoid insuring poor farmers because the transaction costs are too high, but a non-profit in Kenya created a sustainable way to cover them.

    Read More