The poll results indicate that politics may soon catch up to the reality borrowers are facing, said Mark Huelsman, the associate director of policy and research at Demos, a left-leaning think tank.
“It’s a sign of the increasing anxiety that voters and families are feeling about their own debt or their children going into to debt or them going into debt for their children,” he said.
Experian Boost comes with downsides for consumers, according to Amy Traub, associate director of research at the public policy group, Demos. She said lenders will be able to use the data they glean from consumer bank accounts in ways the public may not understand.
"It also allows them to make marketing decisions: who to promote which products to, how to get us hooked on the products that are most profitable and lucrative for the lender, " said Traub.
As Mark Huelsman, a policy analyst at Demos, an advocacy group tweeted: "the average family inheritance to a white college grad can pay off the average undergrad debt balance and have enough left over for a 20 percent down [payment] on a $575,000 home." That’s assuming the inheritor has student debt to begin with.
If the goal is to resegregate higher education, the efforts have largely worked. Amid budget cuts and attacks on affirmative action, elite public colleges are enrolling fewer black students than they were a generation ago.
Loans may be one solution for helping students afford college and increase achievement, but grants that don't have to be repaid is another. The researchers are working on a new study that examines the academic effects of federal loans versus grant aid and agree that the effects of the federal Pell Grant may be stronger on academic performance, Marx said.
Walmart's raises to $9 an hour in 2015 and then to $10 an hour in 2016 is a positive step forward, but it still falls short of giving workers the wages they need.
Buckley v. Valeo is a January 30, 1976 Supreme Court case that struck down key pieces of Congress’ post-Watergate money in politics reforms, and set the structure of modern campaign finance law.
Advocates and policymakers are frequently asked how they plan to pay for progressive policy investments. This memo provides guidance on how to respond.
This Explainer explores how the Gross Domestic Product (GDP) is used in measuring our economic growth and whether alternative measures are also needed to provide a more comprehensive outlook of economic progress.
What do people mean by “money in politics” or “campaign finance reform”? Running for office requires money—for staff, travel, TV ads, etc. In many countries, much of the cost of public elections is paid for by public funds, so the voters control the process and candidates are only accountable to their constituents. But in most places in the U.S., election campaigns are funded only with private money, most of it coming in the form of large checks from wealthy donors.
Five years after the Supreme Court’s 2010 Citizens United v. FEC decision, what are the roles of large donors and average voters in selecting and supporting candidates for Congress?
McCutcheon struck down the limit on the total amount that one wealthy donor is permitted to contribute to all federal candidates, parties, and political action committees (PACs) combined.
Virginia’s investment in higher education has decreased considerably over the past two decades, and its financial aid programs, though still some of the country’s most expansive, fail to reach many students with financial need.
Judge Kavanaugh's record raises serious concerns that he would expand the power of big money in politics, weaken voter protections, and insulate the president from the rule of law.