While some fairly valuable tax breaks for students have been kept from the chopping block, the Senate GOP’s tax bill could go a long way toward decimating funding for public colleges and universities, and community colleges in particular.
This report presents findings on the use of public transit by people of color and on the potential jobs benefits that people of color can gain from investments in public transit.
To summarize, the House Republican tax plan would get rid of several incentives—from the ability to deduct student loan interest as well as tuition, to the Lifetime Learning tax credit—which provide middle-class students and borrowers with some relief at tax time.
Many Americans believe that we have achieved black-white racial economic equality, but the data continue to show that we have a long way to go. For centuries, we have had policies to help white families build wealth at the expense of black families.
For those who believe Black people are already equal with white people, any policy that seeks to address anti-Black discrimination looks like an attempt to give Blacks an advantage.
The top three economic issues for young people are debt-free public college, paid family and medical leave and a higher minimum wage (followed closely by affordable childcare).
July 21, 2017 (New York, NY) – In honor of the sixth anniversary of the creation of the Consumer Financial Protection Bureau (CFPB), Tamara Draut, Vice President of Policy and Research, issued the following statement.
New York, NY - With the House of Representatives poised to vote on H.R. 10, the Financial CHOICE Act, Amy Traub, Associate Director, Policy and Research at Demos, issued the following statement:
It's time to recognize that in a world where most students must borrow for a credential, borrowers should receive the same failsafe protections on these loans as they do on any other consumer loan.
Tuesday, May 23 (NEW YORK, NY) – Tamara Draut, Vice President of Research and Policy at Demos, a New York-based public policy organization and think tank, issued this statement following the unveiling of President Trump’s full budget to Congress:
“The deeply alarming budget released by the Trump administration today would wreak havoc on working- and middle-class people, including many of the very people who sent him to the White House, by cutting services and programs that support our most vulnerable communities.
April 26, 2017 (New York, NY) – In response to Donald Trump’s proposed tax plan, Tamara Draut, Vice President of Policy & Research at Demos, a NY based public policy think tank, issued the following statement:
“This tax proposal shows once again that Donald Trump is no populist, but rather is hewing to traditional conservative and Republican philosophies, including doubling down on the failed experiment of trickle-down economics.
New York became the first state in the country to return to a guarantee of tuition-free college for students at state public colleges and universities.
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:
With so many eventual graduates starting at community colleges, we should take a hard look at institutional aid policies, which reward incoming freshmen much more than transfer students.
We’ve created our own bracket here, matching up colleges not by the number of McDonald’s High School All-Americans on their roster, but by whether or not they provide access to an affordable education and whether they are engines of upward mobility for working-class students.
Doing “everything right” — making all the optimal life choices to build wealth and get ahead, despite obstacles — is still not enough for black and Latino households to accumulate as much wealth as their white counterparts.