Doing “everything right” — making all the optimal life choices to build wealth and get ahead, despite obstacles — is still not enough for black and Latino households to accumulate as much wealth as their white counterparts.
Washington DC – In the closest confirmation vote for a Secretary of Education to date, Betsy DeVos was confirmed by the narrow margin of 51-50, with the historic tie-breaking vote coming from Vice President Mike Pence. Following the decision, Mark Huelsman, Senior Policy Analyst and higher education expert at Demos, issued the follow statement:
“The unprecedented level of uncertainty shown by both Democrats and Republicans surrounding Betsy DeVos’ ability to serve as Secretary of Education should have been enough to disqualify her from assuming this position.
Washington, DC – Next week, the Senate will vote on President Trump’s nominee for Secretary of the Department of Education, Betsy DeVos. Ahead of the vote, Mark Huelsman, Senior Policy Analyst and higher education expert at Demos, issued the follow statement:
Medical debt is a leading cause of bankruptcy in the United States. This report analyzes the impact of medical debt on household finances and provides policy solutions.
Every day, many U.S. families must make the impossible choice of falling into debt to pay for critical medical care or foregoing necessary treatment. In 2014, 64 million people were struggling with medical debt and it is the leading cause of bankruptcy in the United States.
The editorial makes the case that we have more of a nuisance than a crisis on our hands. It misunderstands the entire point behind the push for debt-free public college.
Yesterday, Rep. Mark Pocan (D-WI) and Rep. Keith Ellison (D-MN) introduced The Degrees Not Debt Act. This legislation would create a state-federal partnership program with the Department of Education, states, and public colleges or universities in order to ensure college affordability becomes a reality for all Americans.
If nearly 70 percent of graduates are borrowing, 30 percent (including 35 percent of public college graduates) are not. Who are these students? What type of family or financial resources do they have at their disposal? What are their work habits? In short, what does it take to graduate debt-free these days? This brief answers these questions.
Today, Democratic presidential candidate Hillary Clinton announced major new additions to her plan to provide debt-free public college and reduce the burden of student debt for those struggling to repay. Clinton’s plan would eliminate tuition and fees for working- and middle-class students, which combined with expanded Pell Grants will allow millions of students to graduate with no debt.
Yesterday, the Supreme Court reaffirmed its long-standing view that colleges and universities may seek to foster diversity in higher education by considering race and ethnicity as one factor in a holistic admissions process.
Demos applauds this decision, and agrees that a diverse student body is of vital importance to the mission of higher education in America.
“America is the world's boldest experiment in a multi-racial democracy, and yet we are still working to fulfill the ideal of an equal say and an equal chance for all,” s
Public policies can either fuel or ease racial disparities in wealth. This report marks the first-ever systematic analysis of the impact of different policies, highlighting the policies that could help erase the racial wealth gap.
(BOSTON, Mass.)- Today, a broad coalition of consumer, civil rights, labor, and community organizations issued a letter strongly urging members of the U.S. House of Representatives to support of H.R. 5282, the Comprehensive Consumer Credit Reporting Reform Act of 2016, introduced today by Congresswoman Maxine Waters.