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Asset Building – Options and Opportunities for Individuals with Disabilities. Presented by : Thomas Foley, World Institute on Disability. Training Overview. Continuum of Asset Building Tools. Getting to Know Each Other. Employment and Work Incentives. Questions & Answers. Phase 1.
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Asset Building – Options and Opportunities for Individuals with Disabilities Presented by: Thomas Foley, World Institute on Disability
Training Overview Continuum of Asset Building Tools Getting to Know Each Other Employment and Work Incentives Questions & Answers Phase 1 Phase 2 Phase 3
World Institute on Disability WID's mission in communities and nations worldwide is to eliminate barriers to full social integration and increase employment, economic security, and health care for persons with disabilities.
World Institute on Disability Changing the economic expectations of people with disabilities
What is Assest Building? Asset building is a strategy where one invests in things which appreciate over time.
Continuum of Asset Building Tools Education Student Earned Income Exclusion (SEIE) 1619 (a)(b) Medicaid Buy-In Employment Banking and Credit-Cards Loans for Assistive Technology Individual Development Accounts Home Ownership FREE Money (EITC) Plan for Achieving Self-Support Scheming & Dreaming
The Value of Education In general, more education means more money, greater employment options and better job security. On average, a college degree is worth an extra $23,000 a year. Consider the following statistics from the U. S. Department of Labor and Census Bureau (2004): • College graduates made an average of $51,554 • Those with advanced degrees made $78,093 • Adults with a high school diploma made $28,645 • High school dropouts averaged $19,169
Project Vision delivers opportunities for youth with disabilities http://www.projectvision.net Scholarships, internships, grants, study abroad, summer programs, and more!
People who graduate from college make about twice as much money as people who only have a high school degree. • Young people ages 25-34 with a degree are employed at much higher rates than people with only a hi-school degree 70% vs. 55% • Only about 28% of the population as a whole has graduated from college. However, that number's a lot lower for people with disabilities: just 13%. For Latinos, it's just 12.6%. • The jobless rate for college graduates under age 25 has averaged 9.6 percent over the past year; for young high school graduates, the average is 21.6 percent. • Median wealth of whites is now 20 times that of black households and 18 times that of Hispanic households, double the already marked disparities that had prevailed in the decades before the recent recession. • Only about 1/3 of people with disabilities have jobs. Higher education results in better jobs!