Financial Incentives

Brief

A New Antipoverty Strategy for Single Adults

May, 2014
Rachel Pardoe, Dan Bloom

This 12-page brief describes a pathbreaking demonstration project testing an enhanced Earned Income Tax Credit for low-income single adults without dependent children in New York City. Paycheck Plus aims to improve participants’ economic well-being while promoting employment and other positive outcomes.

Issue Focus

Educational Challenges and MDRC’s Research

May, 2014

MDRC hosted a recent colloquium to celebrate our 40th anniversary and the contributions of former Board Chair Robert Solow. This issue focus summarizes a panel presentation, featuring Frank Levy, Richard J. Murnane, Cecilia E. Rouse, and Ronald F. Ferguson, about current challenges in education and how MDRC’s research can help address them.

Report

Student Characteristics and Patterns of (Un)Affordability

February, 2014
Rashida Welbeck, John Diamond, Alexander Mayer, Lashawn Richburg-Hayes

This paper reviews the literature on financial aid and college achievement, examines data from MDRC’s Performance-Based Scholarship Demonstration to identify relationships between students’ financial aid and their persistence and academic achievement, and concludes with recommendations for how these collective findings should affect financial aid policy.

Issue Focus

Labor Market Challenges for Low-Income Adults

April, 2014

MDRC hosted a recent colloquium to celebrate our 40th anniversary and the contributions of former Board Chair Robert Solow. This issue focus summarizes a panel presentation, featuring David Autor, Mary Jo Bane, David Card, and Lawrence Katz, on the current economic climate and how MDRC’s research can address today’s problems.

 

Report

Implementation and Interim Impact Findings from the SaveUSA Evaluation

April, 2014

This report describes the early effects of a program helping low- and moderate-income families build up unrestricted-use savings via tax refunds. Individuals who save a pledged amount for a year earn a 50-percent match payment. After 18 months, SaveUSA had increased the percentage of individuals with savings and boosted average savings amounts.

Working Paper

Seven Years Later

March, 2014

This paper presents the long-term effects of a learning communities program. The program’s positive effect on credit accumulation was maintained for seven years, and there is some evidence that graduation rates increased. Economic outcomes are examined, and sobering reflections on detecting effects on economic outcomes in higher education interventions are presented.

Report
March, 2014
Stephen Nuñez

This paper examines the quality of evidence regarding the effectiveness of efforts to promote access to mainstream credit, banking, and financial services for low-income people and offers recommendations for strengthening the evidence base of such programs.

Report

A Technical Assistance Guide for Developing and Implementing Performance-Based Scholarships

February, 2014

Drawing on the findings and experiences of two research demonstrations that tested the effectiveness of performance-based scholarships, this guide provides helpful information for colleges and scholarship-granting organizations on this type of aid, which can reduce the financial burden on low-income students while offering incentives for good academic progress.

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