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Federal Reserve Chairman Chair Jerome H. Powell on Community Development: For Prime-age Adults Without a Bachelor's Degree, 20% Saw Layoffs in 2020 Versus 12 % for College-educated Workers
Chair Jerome H. Powell at the "2021 Just Economy Conference" sponsored by the National Community Reinvestment Coalition, Washington, D.C. (via webcast): "Together, over the past year, we have been making our way through a very difficult time. We are not out of the woods yet, but I am glad to say that we are now making real progress. While some countries are still suffering terribly in the grip of COVID-19, the economic outlook here in the United States has clearly brightened. Vaccination levels are rising. Fiscal and monetary policy are providing strong support. The economy is reopening, bringing stronger economic activity and job creation." more »
Fact Sheet: The American Families Plan: Add at least four years of free education; Provide direct support to children and families; Extend tax cuts for families with children and American workers
"Add at least four years of free education. Investing in education is a down payment on the future of America. As access to high school became more widely available at the turn of the 20th Century, it made us the best-educated and best-prepared nation in the world. But everyone knows that 12 years is not enough today. The American Families Plan will make transformational investments from early childhood to postsecondary education so that all children and young people are able to grow, learn, and gain the skills they need to succeed. It will provide universal, quality-preschool to all three- and four- year-olds. It will provide Americans two years of free community college. It will invest in making college more affordable for low- and middle-income students, including students at Historically Black Colleges and Universities (HBCUs), Tribal Colleges and Universities (TCUs), and institutions such as Hispanic-serving institutions, Asian American and Native American Pacific Islander-serving institutions, and other minority-serving institutions (MSIs). And, it will invest in our teachers as well as our students, improving teacher training and support so that our schools become engines of growth at every level." more »
Articles from Stanford's Science Department You and Others Might Find of Interest
A collection of research and insights from Stanford experts who are revealing the stakes of emission cuts, enabling better carbon accounting, predicting the consequences of future emission pathways and mapping out viable solutions. Scholars consider how the legal system might protect and regulate non-human actors. A new analysis suggests the health care industry can reap many of the economic benefits of a “Medicare for All” program through incremental changes to the private health care market. AI expands the reach of clinical trials, broadening access to more women, minority and older patients more »
Kristin Nord Writes: My Mother As a Young Widow Restarted Her Life Again in Midlife; I Began to Follow in Her Footsteps
Kristin Nord Writes: As a young widow of means my mother would restart her life again in midlife, packing up the contents of her house this time and relocating from Grosse Pointe to Bucks County, PA. I suspect she must have decided early on — as someone who had not suffered during The Great Depression — that she would volunteer rather than engage in a career for money. Yet she did so nonetheless for a rather astonishing 40 years at the little library in New Hope, PA. Some of the choices my mother and mother-in-law made were dictated by circumstance, but they came at a time when they might still have been discouraged from truly pursuing careers of their own. more »