The number of homeless schoolchildren, uprooted amidst the financial turmoil of the last few years is rising:
New analysis shows that the poverty rate among those over 65 is far worse than previously thought:There were 679,000 homeless students reported in 2006-7, a total that surpassed one million by last spring, Ms. Duffield said.
With schools just returning to session, initial reports point to further rises. In San Antonio, for example, the district has enrolled 1,000 homeless students in the first two weeks of school, twice as many as at the same point last year.
Nearly 20% of Americans over 65 would be considered poor if the government updates the way it calculates poverty, which hasn't considered medical costs, regional variations and other factors since its creation in 1955.
Currently, the poverty rate for that age group is 9.7%, or 3.6 million people. If the government adopts a revised formula by the National Academy of Sciences, that figure would jump to 18.6% — 6.8 million people...
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