Fannie, Freddie and me

Now that the U.S. government has taken the controls of distressed mortgage giants Fannie Mae and Freddie Mac, American taxpayers facing billions of dollars in losses in home loans issued by the private sector are left wondering, “What does this mean for me?”

Cost of caring for a child with special needs varies from state to state

Therapies, rehabilitation and specialty medical care are just a few of the extra costs parents face when raising children with special needs. In a new study published in Pediatrics, Paul T. Shattuck, Ph.D., professor of social work, found that families with similar demographics and nature of their children’s special needs have different out-of-pocket health expenditures depending on the state in which they live.

How surcharges affect pricing and purchasing

Surcharges — additional fees such as shipping and handling — are unwelcome but common charges that can shoot up the cost of online and catalog shopping. Yet how many of us base our purchasing decision on these niggling fees? A lot more than you might think. New research conducted by Amar Cheema, Ph.D., assistant professor of marketing at Washington University in St. Louis, holds important implications for businesses and their pricing practices.

Cost of raising a child with special needs: Where does your state rank?

In a new study published in the journal Pediatrics, Paul T. Shattuck, Ph.D., professor of social work at Washington University in St. Louis, found that families with similar demographics and nature of their children’s special needs have different out-of-pocket health expenditures depending on the state in which they live. “This is one of the few studies that focuses on families’ costs when caring for children with special needs, rather than the overall cost for society as a whole,” he says. Shattuck notes that wealthier states tend to have a lower average extra cost for caring for a child with special needs. “At the low end, families in Massachusetts paid an average of $560 for out-of-pocket medical expenses,” he says. “At the high end, families in Georgia shouldered an average of $970 in additional care expenses.” Editor’s note: Video and a complete rankings table are available.

Is less more?

Inflation may be rampant, but not all consumer products are getting more expensive. Instead, they’re getting smaller. Three marketing professors from the Olin Business School at Washington University in St. Louis comment on why smaller packaging is a good idea — for business.

More than 1,000 Oklahoma babies receive $1,000 for college savings

More than 1,000 Oklahoma babies have received a $1,000 jump-start on saving for college, thanks to SEED for Oklahoma Kids (SEED OK), a seven-year study designed to determine the economic and educational impact of “seeding” a college savings account for children at birth. SEED OK is a collaboration between the Oklahoma State Treasurer and the Center for Social Development at the George Warren Brown School of Social Work.
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