Student Loans

The conventional wisdom says that American households are deleveraging – after years of living beyond our means, Americans are finally paying down debt and getting our financial house in order. But as Demos’ 2012 National Survey on Credit Card Debt of Low-and Middle-Income Households reveals,...
05/22/2012
Publication
John Quinterno, author of Demos' report "The Great Cost Shift" appeared on NPR's Marketplace, saying that even with the economic downturn, the country is richer than it was 20 years ago. Back when we were poorer, he explained, we spent more on public higher education.
05/04/2012
Audio
Amid the Congressional debate over how to offset the cost of keeping interest rates on Stafford loans from doubling, Senator Al Franken today unveiled new legislation that would require colleges to fill out a uniform financial aid letter for student applicants.  Speaking at a press conference...
05/01/2012
Blog
One major reason people pursue a college degree is to get a better job. But what if the debt accrued to finance an education itself becomes an obstacle to employment? That’s what happened to Latoya Horton. “Years ago I went to college to study accounting, and like millions of other...
05/01/2012
Blog
Pres. Obama speaks at a 2009 health care rally at the University of Maryland. Credit Flickr/borman818What's more important for creating a strong American work force: investing in education or investing in health? The answer is both, which is why it is bewildering to watch as conservatives in...
04/30/2012
Blog
This week on the Radio Hour, AlterNet's Lynn Parramore talks to Joshua Holland about the new economy movement, and what it takes to knock over a faltering paradigm. Nancy Altman of Social Security Works is up next, to talk about an annual ritual of terrible, misleading reporting around...
04/29/2012
Audio
Here's an example of what happens when politicians stick to their guns. In the short time since the publication of this piece, which stressed the necessity of freezing interest rates for student loans, a lot has transpired: Not only has Mitt Romney backed said freeze -- driven, surely, by the...
04/27/2012
Blog
Nueva York – La clase media del futuro en Estados Unidos está en peligro.  Durante las ultimas dos décadas los estados han reducido su apoyo financiero hacia la educación superior pública, lo cual ha resultado en precios de matrícula mucho mas altos para estudiantes y sus familias.  ...
04/26/2012
Press Release
La educación superior se ha convertido en un requisito básico para conseguir un trabajo con un salario decente y  para entrar en la clase media.  A la misma vez, esta licenciatura se ha puesto tan cara que no está al alcance de muchos de los jóvenes en Estados Unidos. El costo de ir a una...
04/26/2012
Publication
America’s experiment with the debt-for-diploma system has officially failed. Total student loan debt in the U.S. now tops $1 trillion – an unprecedented sum that represents the unprecedented obstacles students and recent graduates face in their pursuit of the American Dream. Over the last several...
04/25/2012
Publication
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