Lacking family support, those transitioning out of foster care need financial assistance

Thursday, June 16, 2016 - 14:30 in Psychology & Sociology

Every year, more than 23,000 youth leave foster care after turning 18 and begin adulthood. Unlike their peers who can depend on family who serve as support systems, those coming out of foster care have to be more self-sufficient and often face elevated risks of homelessness and poverty. Clark Peters, assistant professor in the School of Social Work at the University of Missouri, says youth in foster care need not only financial education but guidance as they grow their experience obtaining and managing money to successfully navigate the path to adulthood.

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