In 2009, student-loan debt became the largest non-housing-related consumer debt in the United States. By 2013, outstanding student debt balances had grown to exceed $1 trillion, and by the end of 2015, had reached $1.23 trillion. These milestones coincided with increasing rates of delinquency...

This report examines the scope of homelessness in New England and the potential role of subsidized housing in alleviating homelessness in the region. The report finds that the number of sheltered homeless families in Massachusetts and Vermont is on the rise, driving an increase in measured...

The portion of the U.S. population with a criminal record has been receiving mounting attention in recent years. While there is a significant amount of data about the criminal population under supervision, there is very limited linked data identifying how most individuals move through the...

On December 5, 2007, the New England Public Policy Center at the Federal Reserve Bank of Boston held its third annual policy symposium, “Financing Municipalities in New England: Revisiting the State-Local Relationship.” Through presentations and a panel discussion, the conference brought...

Housing foreclosure activity in the United States and New England increased dramatically at the beginning of the housing crisis in 2006 and remains elevated. Given their economic and social costs, policymakers have developed a number of policies designed to prevent foreclosures. In recent years,...

In the past decade, most states have banned or considered banning the use of credit checks in hiring decisions, a screening tool that is widely used by employers. Using new Equifax data on employer credit checks, the Federal Reserve Bank of New York Consumer Credit Panel/Equifax data, and the...

In the past decade, most states have banned or considered banning the use of credit checks in hiring decisions, a screening tool that is widely used by employers. Using new Equifax data on employer credit checks, the Federal Reserve Bank of New York Consumer Credit Panel/Equifax data, and the...