Tag: earnings
Scores on 8th grade standardized math tests dropped during the pandemic, reversing a large part of the gains students had made since the 1990s. U.S. Secretary of Education Miguel Cardona called the news last October “appalling.” But declining scores only confirmed for many parents what they had witnessed as their children struggled to engage in…
Households in the bottom third have been truly devastated. We have been trying to figure out what happened to households’ financial well-being between 2007 and 2019. This exercise led us back to data on the ratio of wealth to income by age from the Federal Reserve’s triennial Survey of Consumer Finances (SCF). In these ratios,…
