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Director / Editor: Victor Teboul, Ph.D.
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Yellen: Growing Up Poor Hurts Adults' Financial Success

The head of the U.S. central bank says new research strengthens the case for investing in early childhood education. In a Washington speech Thursday, Federal Reserve Chair Janet Yellen said evidence shows "growing up poor makes it harder to succeed as an adult." A survey by Fed experts shows childhood poverty makes it less likely that people will be employed as adults, and hurts their chances of having stable jobs and adequate incomes. Yellen says research also underscores...


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