Black women have the highest student loan debt of any racial or ethnic group, according to a recent study. Detroit Free Press columnist Susan Tompor…
Our Center for Working Families (CWF) is based on a promising national concept and is designed to help low-income families reach financial stability, access income supports, develop educational and employment opportunities, build wealth, and move up the economic ladder. To participate in the program, eligible families and individuals must commit for at least three months. Participants are assisted by a financial coach, workforce development coach and benefits coach.
At our Center for Working Families (CWF), coaches provide three services that will assist you and your family to stabilize your finances and build wealth.
Our CWF generates value in many ways. For families, our CWF helps build stronger employment connections as well as income and wealth. As families develop enhanced financial knowledge and skills, they can increase their access to the public benefits and tax refunds for which they are eligible. In addition, they can improve their credit rating, reduce financial services costs and begin saving for the future.
For government and society, the CWF concept offers a strategy for the public, non-profit, and private sectors to improve the lives of low-income families and communities. Through streamlined access to benefits and greater financial knowledge, families build financial stability and connect to the economic mainstream. Families can purchase homes in their neighborhood, increase their consumer spending, and bring tax dollars into the community.
For investors and financial institutions, CWF offers an opportunity to join a network interested in building
Black women have the highest student loan debt of any racial or ethnic group, according to a recent study. Detroit Free Press columnist Susan Tompor…
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