"Any action, plan, or agenda not rooted in equity to address the student loan debt crisis undermines America’s legitimacy in being a world leader that truly cares about the future of its people."
Demos and The Center for American Progress Publish New Studies
Washington, DC — Today's young adults are feeling the impact of a massive shift in the U.S. economy — changes that are documented in a new data report from Demos and an analysis of public opinion polling by The Center for American Progress. The studies were announced today with a press teleconference.
“The government has not asked questions of the banks for this latest bailout—protecting the priorities of banks and shareholders. But for the rest of us, not so much.”
Since this country’s founding, Black and brown women have been America’s safety net. Both at home and abroad, our underpaid and unpaid labor are the building blocks that allow America to thrive.
"The Supreme Court's decision is another boulder on the chests of millions of Americans burdened by the suffocating weight of lifelong student loan debt."
In 2019, progressive organizations, funders, academics, artists, and more came together to strategize about what must be done to face and address the crises undermining our democracy.
New York, NY — Fewer than one in three middle-class families in America is financially secure, and the remaining majority are either borderline or at high risk of falling out of the middle class altogether, according to a new study published this week by Demos and the Institute for Assets and Social Policy (IASP) at Brandeis University.
New York, NY — American families are using credit cards to bridge the gaps created by stagnant wages and higher costs of living and balances have grown dramatically since 1989, according to a new report published today by Demos. Borrowing to Make Ends Meet: the Rapid Growth of Credit Card Debt in America documents the disturbing trends in sky-rocketing credit card debt, and also provides detailed data based on age, race and income demographics.
Washington, DC — Today in the United States, the credit card market is measured on a scale of billions. The amount of debt owed on credit cards in 2005 was $800 billion; $30 billion is how much lenders profit each year. Under the guise of "democratization" the federal government has deregulated the industry over the past 30 years, eliminating caps on interest rates and penalties. Those who can least afford it are paying the price.
New York, NY — Everyday, millions of Americans struggle to find affordable medical care for themselves and their families, often leading to long-delayed treatment of illness and financial ruin. In SICK: The Untold Story of America's Health Care Crisis, and the People Who Pay the Price (HarperCollins; April 10, 2007), journalist and Demos Senior Fellow Jonathan Cohn offers a fascinating, first-hand account of America's failing health care system.
New York, NY — As health care costs continue to rise faster than incomes, families are turning to credit cards to pay for medical care, according to new research by Demos and the Access Project. The public policy groups published the findings today in a report entitled "Borrowing to Stay Healthy: How Credit Card Debt Is Related to Medical Expenses."