J. Michael Collins
Office: 4208 Nancy Nicholas Hall
Department of Consumer Science
School of Human Ecology
University of Wisconsin-Madison
Nancy Nicholas Hall
1300 Linden Drive
Madison, WI 53706
Phone: 608-262-0369 or 608-616-0369
J. Michael Collins is faculty director of the Center for Financial Security at the University of Wisconsin, Madison. He is a faculty affiliate of the UW-Extension, Cooperative Extension, the Institute for Research on Poverty, and the La Follette School of Public Affairs. Collins studies consumer decision-making in the financial marketplace, including the role of public policy in influencing credit, savings and investment choices.
His work includes the study of financial capability with a focus on low-income families. He directed the Social Security Administration Financial Literacy Research Consortium site at Wisconsin (2009-2012). He is currently involved in studies of mortgage foreclosure and family well-being supported by the John D and Catherine T. MacArthur foundation, financial counseling supported by the Annie E. Casey foundation, and emergency savings policies for the C.S. Mott Foundation.
Collins brings nearly a decade of applied experience to his research. He founded PolicyLab Consulting Group, a research consulting firm working with national foundations and government agencies, and co-founded MortgageKeeper Referral Services, an online database for mortgage servicers and counselors. He also worked for NeighborWorks America (Neighborhood Reinvestment Corporation) and the Millennial Housing Commission.
He holds a Masters from the John F. Kennedy School of Government, a PhD from Cornell University, and a BS from Miami University (OH).
Research & Creative Endeavors
Michael Collins is faculty director of the Center for Financial Security at the University of Wisconsin, Madison. He is a faculty affiliate of the Wisconsin Cooperative Extension, the Institute for Research on Poverty, and the La Follette School of Public Affairs. Collins studies consumer decision-making in the financial marketplace, including the role of public policy in influencing credit, savings and investment choices. His work includes the study of financial capability with a focus on low-income families.
Providing financial workshops and training for education and helping professionals; designing and implementing financial capability for Head Start, Child Protective Services, low-income Volunteer Income Tax Assistance (VITA) and related programs. Support for Coop Extension educators.
Publications / Exhibitions
State Mortgage Foreclosure Policies & Lender Interventions: Impacts on Borrower Behavior in Default with Ken Lam and Christopher E. Herbert in Journal of Policy Analysis and Management, Vol. 30, No. 2, 216-232 (2011)
Comparing Foreclosure Counseling Policies in the US and UK with Michael Orton in Journal of Comparative Policy Analysis, Vol. 12, No. 4, 413-434
Financial Education and Counseling-Still Holding Promise with Collin O'Rourke in Journal of Consumer Affairs Volume 44, Issue 3.
Exploring the Design of Financial Counseling for Mortgage Borrowers in Default Journal of Family and Economic Issues. 28(2), 207-226.
How Good is the GFE? Housing Policy Debate Vol. 21, No. 4, September 2011, p. 565-583
Mortgage Mistakes? Demographic Factors Associated with Problematic Loan Application Behaviors Journal of Family and Economic Issues (23 September 2011), pp. 1-14
- Building Bucks. An educational series focused on Financial Education Resources.
- Financial Briefs. Financial Education Lunchtime Learning Topics
- Financial Coaching. A resource for those interested in learning more about coaching, and a forum for those who are already practicing coaching in their communities.
- Foreclosure Prevention. A resource to help homeowners understand what they can do when they fall behind on mortgage payments, and how to prevent their situation from getting to that point.
- Tough Times. A resource to help people make sound financial choices in tough times.
- Education, B.S., Miami
- Public Policy, M.P.P., Harvard - John F. Kennedy School of Government
- Policy Analysis, Ph.D., Cornell