In the News

Wall Street wants to own your education destiny.

To the old saying about “death and taxes,” you can now add another: debt.

In fact, in contemporary America, debt is likely becoming at least as all-encompassing as the other two.

An increasingly powerful force behind the debt explosion is not what you might expect: not cars, not homes, not healthcare. It’s education. [...]

| |

Last Year, Germany announced it was making its university system free. Given mounting college costs in America, ATTN: wanted to interview a higher education expert to learn whether any best practices could be applied domestically. We spoke with Mark Huelsman from the New York-based think tank Demos for answers. [...]

| |

The racial wealth gap in the United States is stark.

The median white household has $111,145 in wealth holdings, compared to $7,113 for the median black household and $8,348 for the median Latino household, according to a recent study called The Racial Wealth Gap: Why Policy Matters. [...]

| |

State officials would automatically provide welfare recipients with voter registration cards under a settlement Governor Charlie Baker’s administration has reached with voting rights advocates. [...]

“I am thrilled about this settlement,” said Lisa Danetz, legal director for Demos. “I am really excited about the numbers of people who can be brought into the political process and have their voices heard as a result of this settlement.” [...]

The Massachusetts Department of Transitional Assistance has settled a 2012 lawsuit with voting rights organizations by agreeing to distribute voter registration forms to people applying for public assistance, to help people complete the forms and to provide oversight to ensure that public assistance workers abide by the requirements of a federal voting rights law.
 
The Department of Transitional Assistance will also pay $675,000 in attorneys' fees to the voting rights organizations.
|

Massachusetts residents applying for welfare must be offered voter registration cards and other information under a settlement reached between voting rights groups and the Baker administration.

The groups pushing for the settlement with the state Department of Transitional Assistance said Thursday that the agreement will bring Massachusetts into compliance with the 1993 National Voter Registration Act, which requires public assistance offices to offer voter registration services to eligible citizens.

The suit was filed in 2012.

Owning a home, then equal pay for equal work, and then having a college degree are the three factors that can make the biggest difference in closing the racial wealth gap, which is how non-whites in America are vastly less wealthy than most whites. 
 
If blacks and Latinos owned homes as widely as whites, then median black household wealth would grow by $32,113, and median Latino wealth would grow by $29,213, a new study by Demos, a progressive think tank, and the Institute for Assets and Social Policy at Brandeis University has found.
 <
| |

Robert Putnam’s book on poverty in America has spurred a lot of interesting debate online. David Brooks writes that low income people need a reintroduction of norms that “were destroyed by a plague of nonjudgmentalism, which refused to assert that one way of behaving was better than another”.

| |

Owning a home isn't just a fragment of the American Dream, it's the key to it.

| |
When New York State Attorney General Eric T. Schneiderman announced that his office had cut a deal with the three big credit bureaus—Experian, Equifax and TransUnion—to improve the customer experience, the news shook the financial-services world into a frenzy. 
 
“In today’s world, the consumer’s input is less important than the bank or collector’s input,” John Ulzheimer, an expert at CreditSesame, told the New York Times.
|
The Root