In the News

Life happens.  We have children to support.  We lose jobs.  Marriages fall apart.  By the time we near our ‘Golden Years’ the nest-egg we may have envisioned may be a lot smaller than we thought and in many cases, not there at all due to heavy debt loads.

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Last week, New York City Comptroller Scott Stringer unveiled a new plan to regulate financial advisers, the first of its kind, that tries to protect the average investor from advisers who don’t have to put their clients’ best interests first.

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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. [...]

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In a paper titled "The Racial Wealth Gap: Why Policy Matters," research from the Institute on Assets and Social Policy (IASP) at Brandeis University and public policy organization Demos examined the disparities in wealth held by black, white, and Latino households in the US.

The difference is staggering.

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. [...]

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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. [...]

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NEW YORK (MainStreet) — When you stepped foot in your first job out of college, you may have heeded the conventional wisdom and opened a 401(k) account. But you may not have been aware that these retirement accounts don’t come for free.(...)

Last week, Massachusetts became the latest state to either settle or lose in litigation over complaints that it wasn’t providing adequate voter registration services at welfare offices.

The settlement is part of a broad effort by voting rights groups to reverse the decline in voter registrations at public assistance offices, which Congress intended to serve as a mechanism for signing up low-income voters. National voting rights groups argue that the decline in registrations is because of improper implementation by staff at government welfare offices. (...)

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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.
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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.” [...]