“The gauntlet has been laid. It also reminds us that public policy really does have a role to play. We should take a hard look at why this was needed in the first place.”
"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.”
"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.”
"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."
New York, NY —A growing number of young students are turning to more affordable community colleges for their higher education, but only an alarming two out of five finish a degree within six years of enrollment, according to a new report published today.
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.
“The potential for executive action to jumpstart the transition that we need — to reorient our democracy for democratic engagement and redress historic inequities — is huge.”
12 years after entering college, white men have paid off 44% of their student-loan balance on average, according to an analysis released last year by Demos, a left-leaning think tank.
The policy platform outlines actions that address environmental justice, just recovery from disasters, equity accounting in climate policy, and energy democracy.
Twelve years after starting college, white men have paid off 44% of their student loan balances on average, while black men saw their balances grow by 11%, according to an analysis from Demos.
Twelve years after starting college, the white female borrower has paid off 72% of her loan balance. Over the same time period, the typical Black female borrower's balance has grown by 13%.
Initiative Aims to Strengthen Social Insurance, Promote Broadly Shared Prosperity, Set the Record Straight on Federal Spending
New York — Demos and The Century Foundation today launched an initiative to strengthen social insurance programs and develop a roadmap for a fair and responsible federal budget. The project gets underway as the White House prepares for its February 23 "Fiscal Responsibility Summit."