“The student debt crisis is yet another example of the deep and structural racial injustice at that heart of our economy. It prevents Black and Brown families from building wealth and economic power and has undermined the fundamental goal of higher education as a public good."
“They collect our data without our permission. They profit from our data. They fail to invest in processes to verify accuracy. And their models are not transparent. This puts Black and Brown consumers at a serious disadvantage.”
The Biden administration should implement its public credit registry proposal to shift power away from an oligopoly that exercises inordinate control over consumers’ financial prospects and towards a fairer system that better respects consumers and reduces racial inequality.
“The actual dollar amount, it’s hard to put that at a figure that’s enough to help everyone who is struggling. And because of that, I’d err on the side of doing more.”
Today, nearly 60 years removed from Dr. Martin Luther King, Jr’s speech during the March on Washington, countless barriers remain between his dream and America’s reality.
New York — Dramatic increases in low-income voter registrations at public assistance agencies have occurred recently in five states that have taken steps to improve their compliance with a requirement of the National Voter Registration Act (NVRA), according to a new report by Demos, a non-partisan public policy and research center.
"Black student debtors "are 16 percent more likely to be in default or seriously delinquent than white student debtors; Latino borrowers are 8 percent more likely."
The For the People Act outlines a vision of what’s possible when our nation lives up to its promise of being a place where all people can lift their voices via their votes and their small dollar contributions.
Lawful Use of Same-Day Registration No Basis for Voter Witch-Hunt
XENIA, OH — Greene County Prosecuting Attorney Stephan Haller and Sheriff Gene Fischer abruptly announced they were dropping an investigation into same-day registrants last week, after Demos and other voting rights advocates warned that their actions appeared to violate federal voting rights protections.
Columbus, OH — Demos and other voting rights advocates filed a brief in the U.S. District Court for the Southern District of Ohio today urging the court to protect Ohio voters against unlawful purges on the eve of the presidential election. The Ohio GOP has asked the court to require mass purges of voters who have registered since January 1, 2008, if last-minute "matching" process shows any discrepancy between voter registration and motor vehicle records.
"Although credit scores never formally take race into account, they draw on data about personal borrowing and payment history that is shaped by generations of discriminatory public policies and corporate practices that limit access to wealth for Black and Latinx families."