July 21, 2017 (New York, NY) – In honor of the sixth anniversary of the creation of the Consumer Financial Protection Bureau (CFPB), Tamara Draut, Vice President of Policy and Research, issued the following statement.
New York, NY - With the House of Representatives poised to vote on H.R. 10, the Financial CHOICE Act, Amy Traub, Associate Director, Policy and Research at Demos, issued the following statement:
It's time to recognize that in a world where most students must borrow for a credential, borrowers should receive the same failsafe protections on these loans as they do on any other consumer loan.
Investing in a rapid transition to 100% renewable energy and clean transportation, while protecting environmentally vulnerable communities from the worst effects of climate change, comprise what is arguably the most important fiscal choice we have to make as a country over the next decade.
Donald Trump’s election came at the worst possible time in so many ways. In a spectacular litany of truly awful aims, including mass deportation of undocumented immigrants, repealing Obamacare, retracting federal oversight of abusive local policing, undoing Obama-era banking reforms, and much more, where does one begin to describe the damage he and the Republican Congress could do? But the threat Trump poses to our environment and particularly to our ability to escape the worst impacts of global warming is unparalleled.
New York became the first state in the country to return to a guarantee of tuition-free college for students at state public colleges and universities.
April 9, 2017 (New York, NY) -- Tamara Draut, Vice President of Policy and Research at Demos, released the following statement after New York became the first state in the country to pass tuition-free college:
With so many eventual graduates starting at community colleges, we should take a hard look at institutional aid policies, which reward incoming freshmen much more than transfer students.
We’ve created our own bracket here, matching up colleges not by the number of McDonald’s High School All-Americans on their roster, but by whether or not they provide access to an affordable education and whether they are engines of upward mobility for working-class students.
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:
It is with great sadness that we announce the passing of Senior Fellow Wallace C. Turbeville, a beloved member of the Demos family since 2012. Wallace “Wally” Turbeville was among our country’s most respected and influential thought leaders and advocates for systemic financial reform as a core fight in the struggle for economic and racial justice.
We are concerned that given Ms. DeVos’ track record to privatize public education and her lack of a clear position concerning the affordability crisis in higher education, the committee cannot properly assess whether Ms. DeVos is fit to run the U.S. Department of Education.