by ideas42
45.3 million: The number of Americans living in poverty in 2013. $500 billion: The estimated cost of poverty in the United States each year, including public expenditures and lost earnings. In response to these startling statistics, ideas42 recently launched the Poverty Interrupted initiative, a radical venture aiming to use insights from behavioral science to help […]
As regular readers of this blog will know, a big focus of our work at ideas42 is helping to tackle difficult problems in postsecondary education. During an interactive webinar last week, we shared our insights on the behavioral bottlenecks we believe are contributing to two of our first projects in this space: reducing drop-off between […]
by ideas42
On a recent weekday morning, a group of entrepreneurs, teachers, computer programmers, and college administrators from all over the country assembled with behavioral experts from ideas42 in pursuit of a venerable mission: identifying a way to double three-year degree completion rates among U.S. community college students. This mission, earnestly accepted by all members of the […]
by ideas42
ideas42 Joins with USAID and CGAP to Improve Financial Management for Microentrepreneurs in Developing Countries Project will scale-up pilots applying behavioral economics to create more customer-centric financial services Non-profit behavioral design firm ideas42 has been awarded over $1 million by USAID and CGAP to scale up an innovative new tool to help microentrepreneurs in developing countries […]
by ideas42
After a spring and summer spent building partnerships and gathering data, ideas42 is excited to be rolling out a series of nudges in postsecondary education that focus on the financial aid system. Our initiative “Nudging for Success: Breaking Behavioral Barriers in the Financial Aid System,” supported by the Bill and Melinda Gates Foundation and the […]
It’s easy to agree that poverty is a problem, but explaining its causes and prescribing solutions is a far more difficult and complex task. What if children born into poverty could become as likely to succeed as their wealthier peers? What if intergenerational poverty were not an unavoidable and enduring evil, but entirely tractable? These […]
A new evaluation of a project that ideas42 collaborated on points to the huge impact that low-cost, easy-to-implement interventions can have on the lives of some of the poorest and most vulnerable people in society. Using ideas42’s unique diagnosis and design methodology, the project aimed to increase the number of inmates in Texas prisons who […]
Approximately 70 million American adults are considered unbanked or underbanked, and are forced to manage their money through costly alternative financial services that operate outside of the traditional banking system. These services, such as check-cashers and payday loans, impose large fees that often accumulate over time, which can trap consumers in cyclical and deepening debt. An alarming […]
Over 5 million people in South Africa are infected with HIV. Worryingly, teenage schoolgirls are three times more likely to be HIV positive than boys their age. One of the reasons behind this alarming phenomenon is thought to be the widespread tendency for young girls to have relationships with older men, who are more likely […]
Whether you’re writing a check to your landlord, swiping your credit card at the checkout counter, or diverting a portion of your paycheck into a 401(k), it’s likely that a financial institution plays an important role in your daily life. Yet the same cannot be said for all Americans: more than one in four households […]
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