Holding a bank account is crucial to the income-maximizing and asset-building of households. This study uses 2008 survey data of EITC-eligible households assisted at Volunteer Income Tax Assistance (VITA) sites to document their tax filing behavior and use of Alternate Financial Services (AFS). Specifically, the differences in tax filing and AFS…

This research monograph prepared for the National Commission on Adult Literacy is primarily designed to describe and analyze the net annual fiscal contributions (tax payments minus cash and in-kind transfers and institutionalization costs) of U.S. adults (ages 16-64) by their educational attainment in recent years. The report begins with an…

There is a strong and growing argument for higher educational attainment in the United States. The jobs that are expected to support the economy in the coming years will depend on a skilled workforce that is able to learn and adapt quickly to new challenges. However, demographic patterns demonstrate that relying on the traditional K-16 pipeline to…