Young People

New York, NY — Today marks the release of a groundbreaking new book; STRAPPED: Why America's 20- and 30-Somethings Can't Get Ahead (Doubleday; On-Sale January 17, 2006), written by Tamara Draut, Economic Opportunity Director at Demos. In STRAPPED, Draut takes a hard look at why 60 percent of adults...
01/17/2006
Press Release
Former Economic Opportunity Program Director Tamara Draut offers a groundbreaking look at the new obstacle course facing young adults as they try to build careers, buy homes, and start families. As Draut explains, various economic and social trends over the last thirty years, as well as adverse...
01/14/2006
Publication
Since my mother and I both find the prospect of me moving back home nightmarish, I decided to end our "standards of living: then and now" debate once and for all. I sent her Strapped: Why America's 20- and 30-Somethings Can't Get Ahead, and guess what? It worked! Yes, the Strapped method of...
12/26/2005
News/Resource
New York, NY — Across the United States, families increasingly rely on credit cards to make up for stagnant wage growth and soaring costs. In order to cope, homeowners are depleting their home's equity to pay off a growing mountain of unsecured debt. This is a financial strategy fraught with...
01/10/2005
Press Release
NEW YORK — The economic security of younger Americans is eroding at an alarming pace as a result of slow wage growth, underemployment, rising costs and mounting student loan and credit card debt, according to a new report, "Generation Broke: The Growth of Debt Among Younger Americans,"...
10/21/2004
Press Release
New York, NY — Millions of eligible voters could lose their right to vote in coming years if new state and national photo identification and proof of citizenship requirements for voting are implemented, according to a new briefing paper published by Demos, a national public policy and research...
10/16/2004
Press Release
Over the 1990s, credit card debt among young Americans rose dramatically—leaving many young adults over-extended and vulnerable to financial collapse. This briefing paper documents the rise in credit card and student loan debt between 1992 and 2001 and examines the factors contributing to...
10/12/2004
Publication
There has been a fundamental shift in our nation's priorities for ensuring access to higher education. In the 1970s and 1980s, most aid was awarded in grants, while loans remained relatively low. Over the last two decades, federal aid has shifted away from grants to loans, pricing out students from...
08/03/2004
Publication
Syndicate content