Reid Cramer, Director of the Asset Building Program at the New America Foundation in Washington, D.C., who researches the operation of provident funds, says they may be potentially valuable "as a source of national savings, a way to limit dependency on capital from abroad, which in turn leads to economic growth and general prosperity." ... Original Article
Matching programs are one of the most effective ways to get these families to save for college, says Jackie Williams, director of the College Saving Initiative at the New America Foundation, a nonprofit, nonpartisan public-policy institute based in Washington, D.C. ...
“The reason they're popular is simply because the states bear the risk, not the individual,” said Jackie Williams, who was executive director of the Ohio Tuition Trust Authority for 10 years, until June. ...
In Melissa Koide's interview, with the Kojo Nnamdi Show, Mrs. Koide talks about the factors contributing to the growth of "un-banked" communities and how they're related to our region's economic health. ... Original Audio
"'Plain vanilla' was just such a no-go for the industry, that was loud
and clear," said Melissa Koide of the New America Foundation, a
left-leaning Washington policy group. "It's disappointing it's coming
out, because there was some middle ground on the issue."... Original Article
Over 100 million individuals in the U.S. are underbanked -- they can
not access or choose not to use traditional bank accounts and financial
services. Instead, they use alternative financial services, such as check
cashing services, prepaid cards, small dollar loans, remittances, and other
nonbank services to meet their everyday financial needs. These alternative
financial services, which may or may not be more costly than those offered by a
traditional bank, are often preferable for consumers who want convenient,
transparent, and easily accessible financial options.
"The administration made a calculated decision," says Ellen Seidman, former Director of the Office of Thrift Supervision and senior fellow at The New ...
"The administration made a calculated decision," says Ellen Seidman, former Director of the Office of Thrift Supervision and senior fellow at The New America Foundation ...
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The New America Foundation, a public policy institute, said the task force should have gone further, recommending matching grants for families below certain ...
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