Media

We spoke with William Darity, a professor at Duke University has studied and advocated for reparations in black America for over twenty years.

Put simply, how do we square that “college is worth it” from the increasing body of evidence that student debt is not necessarily good debt? The unsatisfying answer, of course, is that it depends.

McDonald’s shareholders voted this morning to approve a $9.5 million compensation package for CEO Donald Thompson, including $7.8 million (82 percent of the total) in stock awards and incentive pay intended to reward company performance and align the interests of the Chief Executive with shareholders at the firm. 

With another stroke of his pen, President Obama can authorize an Executive Order mandating paid sick leave for the same federally contracted workers whom he just gave a raise to.

On Tuesday, Tea Party challengers received a drubbing by establishment GOP candidates. And today, a group of conservatives published a manifesto with practical ideas meant to woo the middle class entitled Room to Grow. I guess extremism in defense of liberty might be a vice after all. 

College is the gateway to the middle class for most young people, but the price has never been higher. And a new study shows that New Jersey has actually exacerbated the student debt crisis by shifting the costs of college onto students and families.

According to the national think tank Demos, funding for higher education in New Jersey has dropped by 17 percent since 2006. That has forced every public college and university in the state to raise tuition and fees, far outpacing financial aid packages.

Demos Senior Fellow Wallace Turbeville joins a Hammer Forum on community banking.

At first, the University of Chicago economist didn’t think credit card regulation could possibly work.  “I went into the project with this sort of conventional wisdom that well-intentioned regulators would force down fees and that other fees and charges would increase in response,” explained Neale Mahoney, of Chicago’s Booth School of Business.

Last Thursday, while fast food workers walked out on strike across the US and around the world, another group of stakeholders in the industry was making a similarly direct statement about the way these companies do business.