Many learners face financial and other barriers to accessing and completing occupational training courses. The cost of education has also increased across different types of institutions, while financial aid has declined. In 2019, Social Finance, Inc. launched the UP Fund, a $50 million fund that aims to improve economic mobility by expanding access to job training programs to underserved learners and learners from low-income backgrounds. MDRC conducted a study of UP Fund and its Career Impact Bond (CIB) model with four main goals:

• Build knowledge on whether the CIB model can increase affordability and access to short-term training courses;
• Document the experiences of learners in these programs;
• Examine learners’ short- and long-term outcomes; and
• Assess whether the CIB model is a sustainable and scalable financial model.

This brief provides an overview of the study, details of the UP Fund’s CIB model, and early implementation findings.

This brief from the Assistant Secretary for Planning and Evaluation’s Office of Human Services Policy overviews a project that developed a calculator to help people anticipate how a change in earnings from employment would affect their net income, which in turn provided public benefit recipients with their estimated effective marginal tax rate on new earnings. The calculator was designed to support program participants and caseworkers. Demo calculators were developed for New Hampshire, Maine, Allegheny County in Pennsylvania, and Washington, D.C., and were completely customized under their local programs and rules. Local governments and local organizations can download the open-source code to start creating a customized calculator for their families.

While some secondary schools incorporate lessons on budgeting, saving, and investing into their curricula, often there is no formal venue to learn about money that is accessible to all communities. For those who experience economic victimization, including individuals who have experienced human trafficking, education and resources may also be needed to address the financial trauma to improve their relationship with money. Economic empowerment programming demystifies financial wellbeing by providing education, tools, and resources for people to attain financial literacy, stability, and professional growth. This Office of Planning, Research and Planning resource addresses strategies for survivor economic empowerment and provides additional resources, including a guide for anti-trafficking service providers.

Economic empowerment is a critical need for many people who have experienced human trafficking and is increasingly being recognized by social service providers. Economic empowerment is a multifaceted concept and there is much to learn about what it is, why it matters, and how people can achieve it. Informed by the expertise of people with lived experience of human trafficking and anti-trafficking professionals who represent organizations providing economic empowerment programming, this Office of Planning, Research and Evaluation infographic defines key terms related to economic well-being and opportunity, specifically in the context of recovery from human trafficking victimization. These definitions can help enhance the anti-trafficking field’s shared understanding of the needs of this population. The infographic is intended to be read alongside the full guide, Economic Empowerment for People Who Have Experienced Human Trafficking: A Guide for Anti-Trafficking Providers.

Economic empowerment is often a critical need for people who have experienced human trafficking, from their moment of exit through their long-term recovery. An increasing number of anti-trafficking service providers are beginning to address these needs, offering programs focused on financial literacy, job training, cash assistance, and more. Yet there is little guidance for practitioners as they support the economic well-being of anti-trafficking program participants. This Office of Planning, Research and Evaluation guide is intended to serve as a foundation for organizations considering starting, expanding, or refining programs addressing economic empowerment of people with lived experience of human trafficking.

LifeSet is an intensive case management program that prepares young people in foster care for the transition to adulthood. LifeSet specialists meet weekly with youth to provide individualized, intensive services as youth work towards self-defined goals in areas such as housing, employment, education, and money management. This Chapin Hall report presents findings from the Phase II evaluation of LifeSet’s implementation by three child services providers in Illinois. Phase II evaluation activities included focus groups with LifeSet specialists; interviews with LifeSet supervisors, licensed program experts, and young people who participated in LifeSet; and an analysis of both Department of Children and Family Services administrative data and GuideTree program data from Youth Villages.

Achieving a Better Life Experience (ABLE) Accounts are tax-advantaged savings accounts that are available to eligible individuals with disabilities. ABLE account funds can be used for "qualified disability-related expenses" (QDE). A QDE is any expense the beneficiary incurs because of the disability. These may include expenses related to education, housing, transportation, employment training and support, or other expenses that help improve health, independence and/or quality of life. This Social Security Administration blogpost explains who is eligible for an ABLE account, what the funds are used for, and the effect it has on Social Security disability benefits.

This U.S. Department of Labor brief explores how states use financial incentives to expand Registered Apprenticeship (RA) Programs and achieve targeted goals. Incentives are additional financial supports used to increase the number of RA programs and offset the cost for employers in the form of state tax credits or subsidies to apprenticeship sponsors, related technical instruction providers, and other entities responsible for developing RA programs. The brief highlights findings from focus groups conducted with the following eight states: Arkansas, California, Connecticut, Florida, Maryland, Michigan, Minnesota, and Mississippi.

The Administration for Native Americans (ANA) at the U.S. Department of Health and Human Services’ Administration for Children and Families has awarded $9 million to 32 Native American Tribes and Native organizations to help improve the social and economic well-being in their communities. Every year, ANA supports Native-led, community-based projects across the United States, Guam, American Samoa, and the Northern Mariana Islands. Funds will be awarded across three Notice of Funding Opportunities: Social and Economic Development Strategies (SEDS), Social and Economic Development Strategies Alaska (SEDS-AK), and Environmental Regulatory Enhancement Grant Awards (ERE). This ACF press release announces the new FY 2023 SEDS, SEDS-AK, and ERE community partners and highlights three tribal projects that will be supported with this funding.