Woodstock in the News
By Gregory Karp
Women in the Chicago area are generally less likely to receive mortgages than men, a phenomenon that could hinder women's ability to build wealth and establish financial security, according to a report to be released Wednesday by the Woodstock Institute.
By Jody Baylock
Honoring the Passage of Secure Choice
This month, Heartland Alliance for Human Needs & Human Rights was honored for their work passing the Secure Choice Savings Program. With the passage of Secure Choice, Illinois became the first state in the country to address the issue of retirement insecurity in this way. The program will expand access to retirement savings accounts for millions of Illinois workers.
By Ellyn Fortino
The Consumer Financial Protection Bureau (CFPB) has launched a public inquiry into student loan servicing practices and ways to help ease student debt stress.
By Hal M. Bundrick
NEW YORK (TheStreet) -- Half of Americans employed in the private sector work for small businesses. That means many workers simply don’t have access to retirement plans. Big firms lure talent with tax-advantaged savings plans like 401(k)s -- and even match workers' contributions, while neighborhood businesses often lack the means to provide such benefits.
By John Heltman
BALTIMORE — Even as the smoke was clearing from the riots that erupted in the streets of Baltimore late last month, policymakers zeroed in on the root causes of the unrest in the blighted neighborhoods that were most affected — lack of jobs, lack of opportunity, and a lack of investment.
By Michael Romain
When, earlier this month, the Cook County Land Bank Authority identified 13 Chicago neighborhoods and 13 surrounding suburbs in which to aggressively purchase vacant single-family and multifamily properties — Austin was on the list.
By James Fuller
The millions lost by expelling federal inmates from Kane County jail can all be balanced out with corresponding expense cuts, according to Kane County Sheriff Don Kramer. But he's still going to need an additional $800,000 to stay out of the red this year.
By Caitlin Emma
DIGGING INTO DIPLOMAS: The U.S. is on track for a 90 percent high school graduation rate by 2020 after hitting a record high 81 percent this year. That’s according to the GradNation campaign’s sixth annual report released by America’s Promise Alliance, the Alliance for Excellent Education and others. The 10 largest states, including California, Florida, Georgia and North Carolina, are driving progress, the report says. A quarter of the nation’s largest school districts also made significant improvements, largely signifying gains for low-income students and students of color. But declining or stagnating graduation rates in New York, Illinois, Washington and Arizona could threaten future progress, the report says. And while the gap in graduation rates between low-income students and their wealthier peers narrowed in 28 states, it widened in 18. North Dakota saw the largest increase of nearly 8 percentage points. More: http://bit.ly/1QD65vH.
By Cara Ball
James Woods is enjoying the renovations recently made to his Austin home.
The 45-year resident of Austin was one of dozens of West Siders whose homes got special attention April 25 from Rebuilding Together Metro Chicago, a volunteer organization that works to revitalize low-income housing and communities.
By John Sandman
NEW YORK (MainStreet) — In December, the Department of Education (ED) announced plans to establish a new web-based system for receiving complaints on student loan servicers. In March, President Obama directed ED to build a web-based portal for student loan borrowers to manage payments, view all of their loans and lodge complaints against servicers as part of his Student Aid Bill of Rights.