Poorer households saw their income drop from a median of $26,373 in 1999 to $23,811 in 2014, and middle-class incomes fell too, according to new research.
Low-income communities are being stranded as everyone else catches a ride on the information superhighway.
Stanford University has just taken a huge step toward helping students whose parents make less than $125,000 a year get a college education without accruing inordinate amounts of debt.
American kids are heading back to school. But the schools they’re going back to differ dramatically by family income.
The respected Massachusetts senator wants "to turn post offices into loan-sharking bodegas in low income neighborhoods," investigative reporter Greg Palast writes at Reader Supported News.
Sen. Elizabeth Warren endorsed a proposal by the United States Postal Service's inspector general over the weekend that could prevent the poor from having to shell out billions of dollars in fees and maybe even save the post office from sinking.
There is a strong connection between scarce resources and cognition: The more a person struggles financially, the less he or she can channel brain processes to completing other tasks. When you can't make ends meet, the weight of worry occupies a large portion of the mind.
A look at the day's political happenings, including how Paul Ryan's budget hurts the poor and Geraldo Rivera's latest controversy.
Our civil liberties and First Amendment rights are threatened by the Supreme Court's decisions in the Julian Assange case; if Mitt Romney's father was still around, he'd probably endorse Obama; meanwhile, Fox News is ruining the GOP. These discoveries and more after the jump.
The general gist of findings from the 2010 census may not be shocking, but the actual numbers detailing the growing problem of the shrinking middle class in America are: Nearly half of all Americans qualify for the poor or low-income categories, making income inequality an issue that now splits the nation down the middle.