Despite lore from parents and grandparents about the caddying jobs or serving gigs they used to pay for school, today’s young adults know the idea of working your way through college is about as antiquated as milk delivered daily in glass bottles or Mad Men-era martini lunches.
Amid soaring inequality and stagnant wages, consumers in the United States collectively accumulated a stunning $34.4 billion in credit card debt during the second quarter of 2016 alone, according to a new report from the personal finance website WalletHub.
Federal deficit hawks in Congress, driven by ideology and the campaign donations of, for lack of a better term, millionaires and billionaires, held yet another hearing last week about the national debt — but U.S. lawmakers continue to ignore the debt that is causing real trouble for the nation.
The debt danger Americans should really worry about comes from credit cards and student loans.[...]
Student debt is a crisis, holding back the economy and hobbling a generation. Wonder why today’s young adults aren’t getting married, having children, buying homes, starting businesses, saving the world? Look no further, the culprit is obvious. That’s the conventional wisdom, and it’s taken for granted in many news articles and plenty of policy prescriptions.
The good news: If you’re the parent of a college-bound student, it could be cheaper to send your young person to an Ivy League school than to your friendly neighborhood public institution, a potential bargain for families struggling to pay for tuition, room, and board.
Native Americans rank lower than any other ethnic group in the US for voter turnout, and it’s not because they’re less passionate about voting. There’s a long history of changes in voter rights laws in several states which has made it harder for them to take advantage of this constitutional right.
A federal judge in Ohio laid out a plan on Wednesday for the state to restore voting privileges for people who were illegally removed from the state's voter rolls over the past five years.
Like teens gathered around a slumber party campfire, pollsters and news outlets appear to be turning toward a giant game of “would you rather” to help understand the student debt mess.
Under the new law, passed by referendum Tuesday, Alaskans who sign up to receive their annual payouts from the state’s oil wealth trust will also automatically be added to the state's voter rolls.
The vote makes Alaska the sixth state to have approved some form of automatic voter registration. Just two years ago, there were none.[...]
Anyone who stood in line at a polling place or missed the registration deadline for this year’s general election will tell you: voting in New York is not easy. Even if you make it inside the voting booth, it’s easy to be discouraged when so many races are either lopsided or uncontested.
Washington, D.C., is the latest jurisdiction to consider legislation to prevent employers from conducting credit history screens for most job applicants.
Currently 11 states, New York City and Chicago have passed legislation limiting the use of credit checks in the hiring process. The states include California, Colorado, Connecticut, Delaware, Hawaii, Illinois, Maryland, Nevada, Oregon, Vermont and Washington.
To tackle the economic anxiety gripping the nation, Democrats must elevate topics of racism and xenophobia in order to address issues surrounding class and economic dislocation.
What’s up with working-class whites? It’s a question that’s been asked for decades, and has been raised again recently in the discussion surrounding an Alec MacGillis piece examining Matt Bevin’s recent election gubernatorial win in Kentucky, which could leave many in Kentucky without Medicaid.
A persistent racial wealth gap, waning investment in higher education and limited institutional resources are driving up the rate of borrowing at historically black colleges and universities, with 4 out of 5 undergraduates relying on student loans to finance their education, according to a new study from the United Negro College Fund.[...]
We wanted to study how Latinos are changing American politics. So we explored multiple datasets which collectively include thousands of Latino respondents. We found that Latinos are more supportive of Barack Obama’s progressive agenda than non-Hispanic whites, and that Latinos are more supportive of action on climate change and immigration.
New York could join the ranks of states likes of Tennessee and Oregon (in addition to dozens of cities) that have enacted some version of tuition-free public college.