Debt
Access to a post-secondary education is a vital aspect of the American dream, allowing for equality of opportunity and a stable pathway to the middle class for all who are willing to work for it regardless of their background or socioeconomic status. Higher education not only improves the...
12/20/2012
Publication
This Demos Explainer explores the tension between political support for deficit reduction versus job creation and economic security policies.
Most available research indicates a significant difference in priorities between the majority of Americans and the affluent that comprise the political donor...
12/07/2012
Publication
Strike Debt is one of Occupy Wall Street's progeny. They debuted with The Debt Resistors' Operations Manual, a resource to help people dealing with debt and those seeking to circumvent it altogether. As it gains traction in cities across the country, one of Strike Debt's newest initiatives is The...
11/15/2012
Blog
Mike Konczal gets a lot right in his analysis of why our economy continues to suffer sluggish growth. The expansion of consumer debt has left households over-leveraged, pressured to pay down loans. As he explains, the historic and swift build-up of consumer debt must be understood in the context of...
11/12/2012
News/Resource
A mid-September sunny day in New York City draws those with the day off to go to the parks and laze along the avenues, walking by the workers on call, cleaning up after tourists, holding together a city that always seems held together by the sweat of its massive workforce and a dose of city pride....
09/18/2012
News/Resource
The cost of higher education has become an increasingly heavy burden. Students are finding different ways to adapt.
“Taking out debt to get a diploma has become the rule instead of the exception,” says Tamara Draut of the New York-based public policy think tank Demos....
09/05/2012
Audio
Households identify late payments toward student loans as contributing to their low credit score.
09/05/2012
Data Byte
Sixty percent of indebted households who had college expenses for a child in the past 3 years report that those expenses contributed to their current credit card debt.
09/05/2012
Data Byte
As states continue to cut higher education budgets, rising tuition prices mean that increasingly students and their families rely on debt—both credit cards and student loans—to pay for college costs. Today, graduating college seniors leave with an average of over $25,000 in student loan...
09/05/2012
Publication
The student loan crisis escalated further in the second quarter of 2012, as the amount of outstanding debt reached the highest level ever recorded. A new report from the New York Fedsuggests that even while the rest of household debt improved since March, driven by decreasing credit card and...
08/29/2012
Data Byte
