In the News

In 1965, CEOs made about 20 times as much as the average worker. By 2013, they made about 273 times as much. And CEOs of fast food companies made about 1,200 times as much as the typical fast food workers, according to a 2014 report by Demos, a public policy organization in New York. 

The co-counsel in the case, Jenn Rolnick-Borchetta of Demos, a progressive policy organization, told POLITICO New York, the need to give information to people who have been stopped by the police “has been ordered, but what that is going to look like isn’t yet figured out.”

“The pilot form has a blank space for officers to fill in their information," said Borchetta, who said that creates a potential problem because “we know officers don’t give their info, or the right info.”

The St. Louis Fed findings add to the growing body of evidence that higher education benefits some groups more than others, which may help to exacerbate the yawning racial wealth gap instead of shrink it. Black and Hispanic students are more likely to approach college with lower levels of wealth on average and are, therefore, more likely to have to borrow to attend school, according to a report earlier this year from Demos, a left-leaning think tank.

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For the wider audience hungry for culture that puts racial issues prominently in the foreground, it is particularly vexing that the comedians would choose this delicate time to make their imminent (though not permanent) departure.

“These voices are so needed, and when they’re not there, you really feel it,” said Donovan X. Ramsey, a fellow at Demos, a public policy organization that works in part to promote racial equality.

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While every single Democratic member of the Legislature has signed on as a sponsor of this bill, not a single Republican has been willing to break from party orthodoxy and let common sense trump caustic partisanship.

Imagine the benefits to our state economy and Wisconsin families if millions of dollars in interest on student loans paid by borrowers every year to the federal government and Wall Street banks would instead stay right here.

The topic of racial segregation in America’s residential communities is one that’s increasingly come into the spotlight. Whites, it seems, are increasingly seeking out predominantly white suburban communities. But what, exactly, do they expect to find?

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Declining state appropriations for higher ed is responsible for more than three-quarters of tuition hikes between 2001 and 2011, the analysis found. Increased spending on administration and building projects accounts for only about 12 percent of the tuition increases over that time. During the recession, when many states scrambled to cope with shrinking coffers, lawmakers slashed spending on public universities. But appropriations haven't returned to prerecession figures despite an improving economy.

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Millennials have an average credit score of 625 (based on the Experian VantageScore 3.0 credit score), compared to 650 for Generation X and 709 for those over 50 years old. They also use an average of 43 percent of their credit limits—compared to 34 percent nationally—and their average debt (excluding mortgages) totals 77 percent of their income, compared to 49 percent nationally.

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The use of credit reports prevents people from getting jobs they are qualified for and "can have a discriminatory impact," Amy Traub, senior policy analyst at Demos, a left-leaning think tank said. "Our research shows credit reports don't provide information that is actually useful for employers, don't show who is going to be a trustworthy or reliable and does not prevent theft or fraud."

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Today's very high threshold for default rates allows tons of colleges to mask poor student outcomes and doesn't take into account the difficulty students are having with repayment itself. But moving beyond the extreme scenario of student default — which means a borrower has been unable to pay their loan back for at least 9 months in the case of federal loans — is important to developing a more nuanced understanding of post-graduation hardship. 

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