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Foreclosures And Financial Strains
Take A Toll On Our School Age Children
Take A Toll On Our School Age Children
The recession, the foreclosure crisis, the mortgage mess and high unemployment have all
impacted our children. While adults will recover and rebound quickly, it might take several
years for our children to get over the trauma. Children will suffer academically, socially and
emotionally.
When the parents are struggling to pay the mortgage and they are avoiding phone calls
from the bank and collection agencies, children pick up on this negative energy. They feel
the stress as much as the parents. Children feel that they have become a financial and
emotional burden to their parents. Often children will try to contribute and make sacrifices.
They would quit sports and music or their other extra-curricular activities. They would get a
part time job. Some might even quit school and start working full time.
A nationwide study of child-well being found that poverty increased in 38 states between
2000 and 2009. This meant that 14.7 million children, or 1 in 5, were poor in 2009. This is
an increase of 2.5 million from 2000.
The research by the Anne E. Casey Foundation discovered that Nevada had the highest
rate of children whose parents were unemployed or underemployed. The state also had
the highest foreclosure rate. Thirteen percent of children were victims of a foreclosure.
Moving homes due to foreclosure or other financial hardships.
For adults losing a home is primarily a financial inconvenience. For children it seems like
the world has come to an end. They are losing their favorite room, their toys and friends.
What about pets? In several cases pets not allowed at the new residences. The weeks or
months it takes to find an rental unit the family might have to move in with relatives or
friends. The more desperate might even have to resort to a shelter where privacy, safety
and space becomes a serious concern.
Simple issues like food and snacks are magnified. How would the friend or relative react
when a visiting child goes to the fridge and fixes a snack? This is the norm for the child.
But now we have different rules.
Watching TV, playing video games, talking to a friend on the phone, these activities are all
curtailed while living under a foreign roof.
Changing schools.
A new school means having to make new friends and understand the culture and rules of
the different environment. Where do you sit in the cafeteria? Do you join any organizations
or clubs?
Students were taken out of school without having a chance to say goodbye to classmates
and teachers. At Fairview Elementary in California, they were constantly getting about 50
new students every school term. In one period so many students were missing that the
community aide went door-to-door looking for the students. What he discovered was truly
heartbreaking. There were several boarded up houses. When he asked the neighbors
what had happened he was informed that the parents didn't pay the mortgage, couldn't
avoid the foreclosure and that they had moved to live with family members.
Fitting in is of the utmost importance to children. Hanging out with the right crowd is a
safety mechanism. Being with the right crowd, or being on the right sports team raises
their profile and protects them from being bullied or ridiculed.
A report from the organization, Focus First, concluded that children who attend many
elementary schools are 20% more likely to be violent in high school than those who attend
one.
Home Equity... America's foundation.
In America home equity is the foundation for a family's success. Children are sent off to
college, small businesses are started, investments are made. All this is done with the
equity in the house. When that equity is gone, where will the American family turn to?
impacted our children. While adults will recover and rebound quickly, it might take several
years for our children to get over the trauma. Children will suffer academically, socially and
emotionally.
When the parents are struggling to pay the mortgage and they are avoiding phone calls
from the bank and collection agencies, children pick up on this negative energy. They feel
the stress as much as the parents. Children feel that they have become a financial and
emotional burden to their parents. Often children will try to contribute and make sacrifices.
They would quit sports and music or their other extra-curricular activities. They would get a
part time job. Some might even quit school and start working full time.
A nationwide study of child-well being found that poverty increased in 38 states between
2000 and 2009. This meant that 14.7 million children, or 1 in 5, were poor in 2009. This is
an increase of 2.5 million from 2000.
The research by the Anne E. Casey Foundation discovered that Nevada had the highest
rate of children whose parents were unemployed or underemployed. The state also had
the highest foreclosure rate. Thirteen percent of children were victims of a foreclosure.
Moving homes due to foreclosure or other financial hardships.
For adults losing a home is primarily a financial inconvenience. For children it seems like
the world has come to an end. They are losing their favorite room, their toys and friends.
What about pets? In several cases pets not allowed at the new residences. The weeks or
months it takes to find an rental unit the family might have to move in with relatives or
friends. The more desperate might even have to resort to a shelter where privacy, safety
and space becomes a serious concern.
Simple issues like food and snacks are magnified. How would the friend or relative react
when a visiting child goes to the fridge and fixes a snack? This is the norm for the child.
But now we have different rules.
Watching TV, playing video games, talking to a friend on the phone, these activities are all
curtailed while living under a foreign roof.
Changing schools.
A new school means having to make new friends and understand the culture and rules of
the different environment. Where do you sit in the cafeteria? Do you join any organizations
or clubs?
Students were taken out of school without having a chance to say goodbye to classmates
and teachers. At Fairview Elementary in California, they were constantly getting about 50
new students every school term. In one period so many students were missing that the
community aide went door-to-door looking for the students. What he discovered was truly
heartbreaking. There were several boarded up houses. When he asked the neighbors
what had happened he was informed that the parents didn't pay the mortgage, couldn't
avoid the foreclosure and that they had moved to live with family members.
Fitting in is of the utmost importance to children. Hanging out with the right crowd is a
safety mechanism. Being with the right crowd, or being on the right sports team raises
their profile and protects them from being bullied or ridiculed.
A report from the organization, Focus First, concluded that children who attend many
elementary schools are 20% more likely to be violent in high school than those who attend
one.
Home Equity... America's foundation.
In America home equity is the foundation for a family's success. Children are sent off to
college, small businesses are started, investments are made. All this is done with the
equity in the house. When that equity is gone, where will the American family turn to?
