May 7, 2025
Did ‘China Shock’ Throw Millions of Americans Out of Work?
In a Wall Street Journal op-ed Monday, Treasury Secretary Scott Bessent claimed that “3.7 million Americans lost their jobs” due to the “China Shock”—the increased import competition occurring after China was granted membership in the World Trade Organization. He cites research by David Autor, David Dorn, and Gordon Hanson, linking to two of their papers. But it appears…
April 30, 2025
The Student Loan Bubble Is about to Pop
At the outset of the covid-19 pandemic, federal student-loan borrowers won what appeared to be a reprieve. That five-year pause on payments and interest accumulation is now shaping up to be a curse in disguise. Last week, the Trump administration drew criticism for announcing that the Education Department would resume involuntary collections next month. But the squeeze…
April 25, 2025
Trump Administration Announces Plan to Get Borrowers Paying Student Loans Again
The U.S. Department of Education announced on Monday that it would resume involuntary collections of defaulted federal student loans on May 5. The announcement means that borrowers who have loans in default could see their tax refunds seized or wages garnished. While many borrowers and advocacy organizations will oppose the move, resuming collections is necessary to incentivize loan repayment….
April 24, 2025
It’s About Time: Bring Back Those Student Loan Collections
This week, the Department of Education announced that on May 5 it will begin collecting on defaulted student loans. This will be the first time since March 2020 that borrowers who have either chosen not to or been unable to make their student loan payments will once again face significant financial consequences for their delinquency. Borrowers…
April 4, 2025
How One State Improved Its NAEP Scores
The most recent National Assessment of Educational Progress results had a lot of bad news, but there were some scattered bright spots. Louisiana was one of them. In fact, the Pelican State was the only state in the nation that outperformed its pre-pandemic 4th grade reading scores on the 2024 NAEP. Over the past two…
April 3, 2025
The dangerous myth that poverty is the cause of child abuse
Why does child abuse happen? A new public service announcement says most people think it’s a “bad parent problem,” but the ad suggests “the root causes may be different than you think.” This message from Prevent Child Abuse America goes on to explain that child abuse is the result of families’ lack of financial resources — a…
April 3, 2025
Trump’s Tariffs Are a Historic Tax Hike
If implemented, the tariffs announced yesterday by President Trump would constitute the largest tax increase since the 1968 levies to fund the Vietnam War. The details will matter, but my back-of-the-envelope calculation suggests that the tariffs — which are taxes on imported goods — could be as large as 2 percent of annual GDP. This tax increase…
April 1, 2025
Mayoral Candidate Zohran Mamdani’s Dangerous Radicalism on Child Welfare
Socialist state assemblyman Zohran Mamdani has made a splash in the race for New York City mayor. A relentless social media campaign has helped him raise big dollars, despite his long-shot odds against incumbent mayor Eric Adams and former governor Andrew Cuomo. Mamdani has also adopted a platform of terrible ideas. His campaign materials portray him as a Robin…
April 1, 2025
Did Maltreatment Fatalities in Texas Really Decline?
A drop in the number of children entering foster care and fatalities due to abuse in Texas is, on its face, welcome news, and some stakeholders in the well-being of children are heartened. “There have been more net positives than any negatives that show up,” Brandon Logan, executive director of the Texas nonprofit One Accord…
March 28, 2025
Cracking the Code Behind Dismal 8th Grade Reading Scores
The most recent round of National Assessment of Educational Progress (NAEP) results delivered a familiar gut punch: Just 30 percent of eighth graders in the United States read at or above the proficient level, a number that’s barely budged in decades. Even in states like Mississippi and Louisiana, which have earned national attention thanks to literacy reforms that have…