Exploring the middle-class time squeeze, how development can help African economies, and putting student loan forgiveness in perspective.
Putting student loan forgiveness in perspective: How costly is it and who benefits? “Student loan relief could be designed to aid those in greater need, advance economic opportunity, and reduce social inequities, but only if it is targeted to borrowers based on family income and post-college earnings. Those who borrowed to get college degrees that are paying off in good jobs with high incomes do not need and should not benefit from loan-forgiveness initiatives,” argues Adam Looney. Read more | Building African economies back, better and stronger than before The global economic downturn is undercutting every sector of Africa’s economy, with growth expected to turn negative for the first time in almost 50 years and projections of an additional 43 million Africans being pushed into poverty. In his Foresight Africa contribution, African Development Bank President Akinwumi Adesina discusses what it will take to turn things around on the continent. Read more | No time to spare: Exploring the middle-class time squeeze How is the middle class navigating the time squeeze produced by outdated, and sometimes family-hostile, workplace policies? Tiffany Ford, Jennifer Silva, Morgan Welch, and Isabel Sawhill share their findings from focus groups conducted in five locations around the country. Read more |
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