fbpx
Absa Bank Kenya Partners with Huawei to Build a New Digital Foundation for Branch NetworksRead more Stylish and compact, these new Canon instant printers make creative pursuits easyRead more Nigerian Law Enforcement agencies open investigations on Hawilti and company executives for criminal breach of trust, cheating, defrauding investors schemeRead more Famine looms in Somalia, but many ‘hunger hotspots’ are in deep troubleRead more Launch of the 3rd Edition of the Choiseul Africa Business Forum, a Must-Attend Event for the Business Community in Africa October 19th & 20th, 2022 in Casablanca, MoroccoRead more World’s Biggest Afrobeats Music Festival Afro Nation Extends Partnership with APO Group until 2025Read more Master Trainer (MT) National Meeting on Sustainable Coffee Practices Organized by The International Islamic Trade Finance Corporation in Collaboration with The Sustainable Coffee Platform of Indonesia (SCOPI)Read more Thai Ambassador met the Thai Community in Dar es Salaam and Zanzibar and visited the Buddhist Temple in TanzaniaRead more Generation Africa awards US$100,000 to two young agripreneurs from Kenya and Uganda in the fourth annual GoGettaz Agripreneur Prize Competition at the African Green Revolution Forum Summit in Kigali, RwandaRead more Medicaid Cancer Foundation and AstraZeneca celebrate Prostate Cancer Awareness month with the launch of Project Icon NigeriaRead more

Pandemic home-schooling puts Americans into debt: report

Print Friendly and PDF

Aug 19, 2020 - 05:02 AM

WASHINGTON — A significant proportion of Americans whose children are attending classes from home due to COVID-19 are going into debt to pay for food and school supplies, a survey released Tuesday found.

The United States is grappling with the world’s worst coronavirus outbreak and many school districts have shifted classes at least partially online to prevent transmission of the coronavirus as students resume their studies following the summer break.

The report from personal finance company Credit Karma found 33 percent of more than 1,000 parents whose children would be at home at least part of the time surveyed in July don’t feel financially prepared for extra expenses associated with their children learning at home.

A quarter have already gone into debt to pay for the unexpected costs, while 12 percent say they expect to do so by the end of the year.

Of those who went into debt, 38 percent said it was due to having “to provide learning supplies that I typically rely on my kid(s)’ school to provide, such as textbooks, pens, notebooks, learning software or laptops/tablets,” according to the survey.

Another 32 percent said they “had no option other than going into debt to provide school supplies,” while 27 percent said they “now have to pay for breakfast and lunch for my kid(s), which their school usually provides.”

That was despite 67 percent of all survey respondents saying they’d received or expected to get some form of assistance from school districts.

Credit Karma also found almost two-thirds of working parent respondents said they felt they had to compromise their careers to deal with their children who were at home, while a slightly higher proportion reported working longer hours to help their kids with learning.

More than half of single mothers reported feeling unprepared for the added expenses, the most of any group surveyed.

Congress remains deadlocked on providing additional aid to Americans after programs paid for by the $2.2 trillion CARES Act rescue package passed in March expired.

President Donald Trump has called for schools to reopen but Democrats and Republicans in Congress can’t reach an agreement on a larger fiscal bill that could include money for education.

“For schools and businesses to get the resources they need to safely reopen, for small businesses to keep their doors open and for those that have lost their jobs to continue to provide for their families, Congress must act,” US Chamber of Commerce Vice President Neil Bradley said on Tuesday.

MAORANDCITIES.COM uses both Facebook and Disqus comment systems to make it easier for you to contribute. We encourage all readers to share their views on our articles and blog posts. All comments should be relevant to the topic. By posting, you agree to our Privacy Policy. We are committed to maintaining a lively but civil forum for discussion, so we ask you to avoid personal attacks, name-calling, foul language or other inappropriate behavior. Please keep your comments relevant and respectful. By leaving the ‘Post to Facebook’ box selected – when using Facebook comment system – your comment will be published to your Facebook profile in addition to the space below. If you encounter a comment that is abusive, click the “X” in the upper right corner of the Facebook comment box to report spam or abuse. You can also email us.