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There is a tendency among elite opinion makers to believe that debt accrued while gaining a college degree is “good debt” that isn’t problematic because, as the thought goes, those with college degrees tend to make enough money to recoup their debt over a lifetime. Student debt is supposedly an
In the media
Mark Heulsman
Sean McElwee
Activists want to put the brakes on CEO Don Thompson's multimillion dollar pay package. Health advocates are petitioning LeBron James to stop peddling McDonald's junk food to kids. And, hundreds of fast-food workers are expected to protest for higher wages, starting a day before the meeting. All of
In the media
Patrick M. Sheridan
Here's a piece of good news in the fight to raise the federal minimum wage to $10.10 an hour: Walmart's U.S. president, Bill Simon, said last week that the nation's largest employer, will not oppose such an increase.
Blog
David Callahan
In a 2006 “Saturday Night Live” sketch, Chris Parnell sums up the conventional wisdom about credit card debt: “Did you know millions of Americans live with debt they can not control? That’s why I’ve developed this unique new program for managing your debt. It’s called, Don’t Buy Stuff You Can’t
In the media
Sean McElwee
When failed Republican presidential candidate and multimillionaire asset-stripper Mitt Romney said this week that he supported an increase in the minimum federal wage to US$10.10 ($11.63), as advocated by President Barack Obama, you knew the sounds of discontent from America's growing underclass
In the media
Peter Huck
Danielle can't afford to give her 3-year-old son gifts on holidays and birthdays. Munira Edens broke her phone three months ago and now goes without one because a repair is too costly. The eldest of six, James Moore tries to help his mother pay household expenses but often can't, because he makes
In the media
Danielle DiFillipo
On Monday, the Massachusetts General Assembly announced election bill H.4072, an omnibus voting package that has been reconciled from 2013 companion bills H.3788 and S. 1975. The final bill, which will take effect beginning in 2016, makes important inroads towards modernizing Massachusetts’
Blog
Itohen Ihaza
The owners of capital have had a great run over the past few decades. They've made a killing by exploiting an open global trading system, an abundance of cheap labor, and technological advances. Times have been so good that Forbes lists a record 1,645 billionaires worldwide, including 268 new ones
Blog
David Callahan
At $9.85 an hour, 25-year-old Terran Lyons supports herself and two kids as a crew trainer at a McDonald’s in Seattle’s university district. That’s a jump from the $9.19 an hour the high school dropout got when she started, and a step above the state’s $9.32 minimum wage. But it’s hardly enough to
In the media
Simone Pathe
On this Mother’s Day congratulations to Arisleyda Tapia, the hardworking mom of 5-year-old Ashley, are in order. And not only because this Dominican immigrant is the mother of a beautiful little girl, but because she has courageously joined the fight for justice for herself, and hundreds of
In the media
Albor Ruiz