"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."
"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."
Letter from 31 civil rights, consumer, and community organizations urging the National Association of Insurance Commissioners (NAIC) to issue a recommendation that credit information no longer be used to determine eligibility for, or the cost of, auto or home insurance.
“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."
Over 100 community, civil rights, consumer, and student advocacy organizations urge House and Senate leadership to insist on student debt cancellation for all borrowers during negotiations over the next coronavirus relief package.
The Disparate Impact standard is critical to continued and enhanced opportunity to access fair credit, housing, and homeownership. Demos strongly opposes efforts to undermine this longstanding enforcement tool.
Today, Demos proposed establishing a public credit registry, housed in the Consumer Financial Protection Bureau, as an essential part of a larger effort to reshape rules around debt and lending in order to reduce racial wealth inequality.
Today, Democratic members of the House of Representatives released the Aim Higher Act, a bill that would reauthorize the Higher Education Act, the federal law which authorizes a broad range of student aid programs and governs the federal role in higher education.
Demos, a public policy organization based in New York, has this response:
Washington, D.C. – On Wednesday, Mick Mulvaney, acting director of the Consumer Financial Protection Bureau (CFPB), informed his staff that he would be shutting down the bureau’s Office for Students and Young Consumers and folding it into the Office of Financial Education. In response, Mark Huelsman, Senior Analyst and student debt expert at Demos, issued the following statement:
Washington, DC – Today, Demos, a New York public policy organization, released a first-of-its-kind congressional college yearbook, which compares the cost of college tuition members of Congress experienced with the cost of college for today’s students. The yearbook, entitled When Congress Went to College, finds that the average student today paid nearly $20,000 a year more for college than current members of Congress.
April 9, 2017 (New York, NY) -- Tamara Draut, Vice President of Policy and Research at Demos, released the following statement after New York became the first state in the country to pass tuition-free college:
Washington DC – In the closest confirmation vote for a Secretary of Education to date, Betsy DeVos was confirmed by the narrow margin of 51-50, with the historic tie-breaking vote coming from Vice President Mike Pence. Following the decision, Mark Huelsman, Senior Policy Analyst and higher education expert at Demos, issued the follow statement:
“The unprecedented level of uncertainty shown by both Democrats and Republicans surrounding Betsy DeVos’ ability to serve as Secretary of Education should have been enough to disqualify her from assuming this position.