Around the world, students borrow money to pay for college, but, in the United States, students are more likely to fall behind on loans. Australia may offer some lessons: borrowers in Australia only start paying back their loans once their earnings reach $40,000, and beyond that they pay four percent of their income until the loans are repaid. The system does not penalize borrowers when they face economic hardship.
Read MoreTurin used to be a bustling hub for the automobile industry but since then it has been left as a dead industrial area. The Ex-incet development aims to change this by using an old company's headquarters to be the site where innovation and creativity can be brought together as people from different sectors work under the same roof.
Read MoreResearch has found that physical movement, such as dance, can be an affective treatment and rehabilitation for people with Parkinson’s Disease. The Dance Well Initiative brings people with Parkinson’s, as well as community members, together to stage dance performances in gallery spaces as treatment and a creative response to the surrounding art.
Read MoreOver two million baby boomers own their own companies, and with retirement looming, the government stepped in with a solution. A portion of a 2018 federal bill included language that will push the Small Business Administration to help baby boomers transition ownership of their companies to their employees if they wish. This will mitigate job loss often associated with a retiring business owner putting the company up for sale. Employee owners on average make a higher salary and have higher job stability, supporting the idea that employee ownership is beneficial for everyone involved, as well as for the econom
Read MoreRedeveloping and repurposing unused real estate provides a path toward economic revitalization. With a combination of public and private grants, the nonprofit group, International Sonoran Desert Alliance (ISDA), has purchased and redeveloped real estate in the town of Ajo, Arizona. The renovated town plaza and Curley School complex contain retail spaces, artist studios, and even house community gardens of the Ajo Center for Sustainable Agriculture.
Read MoreIn Eskilstuna, Sweden, there is a different kind of shopping mall – one that sells used and upcycled goods. In an effort to combat consumerism and bolster sustainability, the mall, called ReTuna, is nicely curated and organized, making second-hand shopping mainstream. The mall sees 700 people each day, on average, and has sold nearly $3.5 million worth of items.
Read MoreA Portland-based foundation has revitalized a small town in Maine with the establishment of an arts colony, reconstruction of old buildings in downtown, and a full health center - a rarity for small towns. A declining population and the shuttering of major businesses contributed to the decline of Monson. The Libra Foundation's philanthropic efforts have spurred enthusiasm within the town well known for being the last stop along the Appalachian Trail.
Read MoreThe Wyoming Stock Growers Land Trust uses conservation easements to conserve agricultural land in the state. These agreements happen when a landowner sells or donates the development rights to their land to the trust forever. They are allowed to keep farming the land, but it must remain undeveloped.
Read MoreThe Chinese American Service League’s (CASL) Change InSight coalition surveys communities in more Asian languages to allow for more inclusive data collection, particularly among low-income AAPIs. Better data collection increases the visibility of the challenges under-resourced AAPIs face, allowing the CASL to launch social service programs to address challenges in the community, like food insecurity.
Read MoreAlfanar is a venture philanthropy organization that helps fund social enterprise businesses in the Middle East. The group offers grants and zero-interest loans. It has helped more than 185 social enterprises and has provided over £6 million in funding.
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