Family Finances

What Local Government Can Do About the Consumer-Debt Epidemic

April 11, 2019  • Mayor Stephen K. Benjamin & Joanna Smith-Ramani

Think of it as an epidemic, one whose impact spans mental and physical health, financial security and local economies: American consumer debt has reached record levels, now nearly double what it was at its previous peak in 2008. We borrow to go to college, buy a home or finance a car. And many must borrow simply to smooth out gaps in their fluctuating incomes.

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Family Finances
Solving the Consumer Debt Crisis: An Action Guide for Local Government
February 19, 2019 • Financial Security Program