Senator Elizabeth Warren just unveiled the first plan of the 2020 election cycle that comprehensively addresses both college affordability and student loan debt simultaneously.
Delaware Passes Law to Count Incarcerated Persons at their Home Addresses for Redistricting
BecomesSecond State To Adopt Reform Ensuring Fairness and Accuracy of Redistricting
Dover — On June 30, the Delaware Senate passed a bill ensuring that incarcerated persons will be counted as residents of their home addresses when new state and local legislative districts are drawn in Delaware. The bill previously passed in the House, and is now awaiting Governor Jack Markell's signature.
“To the extent we have had baby boomers running for president for the past few decades, they got an education in a world when you did not have to take on debt."
Washington—As the nation celebrates the 234th Independence Day this July Fourth, thousands of immigrants will take the citizenship oath at naturalization ceremonies around the country. Yet, the promise of full participation in our democracy continues to elude many of our newest fellow citizens, up to millions around the country, according to a new report by the nonpartisan public policy center Demos.
"The justification for student debt as the primary way we pay for college has been in part based on the assumption that we’ll have consumer protections in place, and we’ll try to make it as painless as possible for people."
The dramatic rise in student loan debt has placed unacceptable risk on working-class families and on people of color, who must take on more debt for the same degree as white students.
"The potential of this plan is that it increases public investment back to levels we saw when college was much more affordable, and it pegs it to a price for students."
New Brief Shows Young Americans Need Wall Street Reform
Washington — Young Americans face "lasting damage" from the dual crises in the financial sector and in personal finance, making it urgent that Congress pass strong financial reform legislation.
Washington — SenatorAl Franken (D-MN) has introduced a financial-reform amendment that finally addresses the root problem of the credit rating agencies—their built-in conflict of interest. The "Restore Integrity to Credit Ratings" amendment, co-sponsored by Senators Charles Schumer (D-NY) and Bill Nelson (D-FL), substantially embraces a remedy set forth in a recent Demos policy paper on this subject.
Cleveland — Ohio's young adults will continue to face a tough economy--one ravaged not only by recession but also by 30 years of declining opportunity and security for all but the most highly educated and affluent, according to a new report by Policy Matters Ohio and the national policy center Demos.
“If you compare this to some of the other gifts given in higher education, it’s incredibly stark, and I would hope points us to a smarter, better model of philanthropy where people’s lives are genuinely being transformed.”
“Your income or your family’s wealth is extremely predictive of whether you’re going to go college at all and certainly what program you’re going to do."
“Not only are students of color more likely to borrow more for a degree, and borrow in higher amounts for the same degree, but they’re more likely to struggle to repay student loans than white students."