Demos’s report details how historical and structural racism contributes to higher interest rates and insurance costs for Black and Latinx people, compared to white Americans.
"The percent of low-income students borrowing for a bachelor’s degree is unconscionably high, particularly if you consider their debt loads as a percent of their family income and wealth. Even if low-income students and high-income students were borrowing the exact same amount for college, that debt is a far greater burden relative to their family wealth.”
So the next time Democrats complain about lower voter turnout, not just in 53206, but in any beleaguered neighborhood, they might think first about the policies, both old and new, that have served and continue to serve as stumbling blocks for black political participation.
"In today’s competitive economy, nothing is more important than getting a college education. Yet college tuition costs in the U.S. have been increasing at a breakneck pace, making college unaffordable for millions of Americans.”
The media giant Comcast touts diversity and inclusion as “a central element of our credo and our DNA.” So why is it asking the U.S. Supreme Court to hollow out a 153-year-old law against racial discrimination?
"Income is actually a somewhat imperfect way to judge whether or not a family is financially secure. The typical black family making $100,000 has a lot less wealth than the typical white family making $100,000."
“Folks who benefit from having fewer people participate are constantly looking for new ways to suppress turnout. [Voter purges] is one that seems to have become more popular.”
Boosting the returns on homeownership for black families would reduce the wealth gap with white families by more than $17,000, or 16%, according to a 2015 report from the public-policy organization Demos and the Institute for Assets and Social Policy at Brandeis University.
“These are folks who are serving [and] preparing food for all of the rest of us. It's a recipe for contagion when...the people preparing your food cannot afford to stay home when they have a contagious disease.”
Challenging the new process for conducting Ohio’s primary election as one that will deprive Ohioans of their fundamental right to vote and the failure of the state to allow voters to register up to 30 days prior to the election as a violation of the National Voter Registration Act.
It’s crucial that the U.S. Congress and the Department of Education act swiftly and aggressively and provide states and institutions with much-needed support before it’s too late.
"Like in previous moments of crisis, whether it's the Great Depression or the 2008 financial crisis, we will need new governmental bodies to address the public needs at this scale."