Topic: Safety Net

Sizing up the Student Debt Crisis

Student debt levels have been rapidly increasing over the last several decades and in 2021, the national student loan debt surpassed $1.7 trillion. In light of this trend and with young workers now facing a weakened economy due to the COVID recession, conversations around student loan forgiveness have become a central part of the national policy debate around how to fix the student debt crisis.

Safety net

Young Adults and the Social Safety Net During COVID-19

With the onset of the COVID-19 pandemic, young adults once again are facing the highest unemployment rates of any age group with mounting financial pressures in an uncertain economy. In response to such challenges, this issue brief explores weaknesses in the current social safety net and how it could be strengthened to better support young adults.

Young Adults in Poverty chart

Young Adults in Poverty

The number of young people (ages 18-24) living in poverty has increased over the last several decades, with young adults among the most poverty-prone age groups since the onset of the Great Recession, according to a new issue brief from the Berkeley Institute for Young Americans (BIFYA).