New York could join the ranks of states likes of Tennessee and Oregon (in addition to dozens of cities) that have enacted some version of tuition-free public college.
[...] According to a new report by the progressive think tank Demos, “student debt is particularly damaging for individuals who struggle to repay their loans. Delinquent borrowers are saddled with fees, penalties and rapidly accumulating interest; borrowers who default on their loans face ruined credit and a debt often several times their original loan balance.”
In a new report, “Asset Value of Whiteness,” Demos and the Institute on Assets and Social Policy take a deep dive into the intrinsic link between racism and capitalism; specifically, how whiteness infests the so-called American dream and renders it inaccessible to anyone who doesn’t meet the pre-selected criteria.
A new report out this morning called The Asset Value of Whiteness: Understanding the Racial Wealth Gappurports to shatter traditional explanations for the lack of financial progress in African American and Latinx households as compared to white ones in the U.S.
Mark Huelsman is a senior policy analyst who focuses on higher education at the think tank Demos. “In an era of entrenched inequality and lack of upward mobility,” he told me, “the same things that would ding a borrower’s credit — a bout of unemployment, an inability to pay a student loan, an unlucky medical history — are the same things that any private lender would be looking at in approving a new loan.”
A new study trashes most of the conventional explanations—and solutions—for the wealth gap. It’s called The Asset Value of Whiteness: Understanding the Racial Wealth Gap. It’s by researchers at Brandeis University and a public policy group called Demos. [...]
With the court split 4-4 on this and other issues, the stakes couldn’t be higher. Mr. Gorsuch’s record suggests he’s not the person to shift the tide toward building a democracy in which the size of our wallets doesn’t determine the strength of our voices. Senators must press for clear answers.
A study released this week by the liberal-leaning think tank Demos offered new points of analysis on the disparity, one of which was particularly sobering. [...]
[...] How can Democrats maximize their chances? First, they need to get the basics right. They should target widely because it’s impossible to know where the floor is for Trump. They don’t want to be in a situation where new terrain opens up and they’re unprepared. They need to start winning back state-level and county-level positions that feed into higher office. They’ll need money and an aggressive recruitment strategy to get good candidates to run. But, ultimately, the 2018 election, like all others, will be determined by who shows up.
San Francisco mayor Ed Lee and city supervisor Jane Kim announced on Monday that the city would offer free community college to any of its residents, effective this fall.
More than 90 percent of voters (including 91 percent of Trump voters) say that it is important for Trump to nominate a Supreme Court justice open to limiting big money in politics.
[...] In short, our analysis indicates that Donald Trump successfully leveraged existing resentment towards African Americans in combination with emerging fears of increased racial diversity in America to reshape the presidential electorate, strongly attracting nativists towards Trump and pushing some more affluent and highly educated people with more cosmopolitan views to support Hillary Clinton. Racial identity and attitudes have further displaced class as the central battleground of American politics. [...]
“There are approximately zero students that would see a net benefit if this budget were enacted into law,” said Mark Huelsman, senior policy analyst at Demos, a left-leaning think tank. [...]
“Consolidating or reforming campus-based aid programs is not a bad idea, but at the end of the day students have to come out ahead,” Huelsman said. “Indiscriminate cuts to work-study absolutely would harm the low income students or middle class students on campuses who absolutely do receive the money.”
Another question is how much the Cuomo and Raimondo plans will truly benefit low-income students. Both proposals are what’s called “last-dollar” initiatives, meaning the states would only pay the balance of tuition after students use up existing state and federal aid, including Pell Grants. These current state and federal programs couldn’t be used to fund other college costs.
Twenty-seven progressive groups said in a Thursday news release provided to McClatchy that they would join a planned Tax Day protest of President Donald Trump, as liberal activists prepare for what might be the biggest demonstration against the White House occupant since the Women’s March on Washington in January.
Donald Trump and his billionaire Cabinet are proposing even bigger tax cuts for the wealthy when what we need is a fairer system that allows our nation to meet the needs of its people.
New York’s plan is a step forward in returning to the days when students could work their way through public college without taking on debt. But the impact on reducing the need to borrow may be minimal, especially for first-generation, low-wealth students.
New York approved a state budget Sunday that included the Excelsior Scholarship, which will allow students whose families earn less than $125,000 a year to attend state public colleges and universities tuition-free.