Rather than cutting funds for public needs while allowing police budgets to swell, cities, states, and the federal government must shift funding to the real priorities of communities.
“The troubling gap in voter turnout among racial groups indicates an immediate need for lawmakers to address the issues, both historic and current, that continue to silence Black and Brown voters.”
12 years after entering college, white men have paid off 44% of their student-loan balance on average, according to an analysis released last year by Demos, a left-leaning think tank.
Congress must address how Black, Indigenous, and Latinx people confront both the worst health outcomes and the greatest threats to household financial stability as a result of the pandemic.
“The agreements we won in this case will protect Black and brown voters and all Floridians, ensuring they have multiple safe voting options and can be heard this November.”
Look to Haitian history for a blueprint of how to change our current reality, dream big, and unapologetically craft a new future that is a truly inclusive democracy.
"To say that people post-crisis, as they try to rebuild their lives, have to carry the impact of this is just another round of disadvantage and discrimination.”
A new report from the New York Fed suggests that even while the rest of household debt improved since March, driven by decreasing credit card and housing debt, student loans have worsened.
A new fact sheet from Demos, College on a Credit Card, investigates the relationship between educational expenses and credit card debt, and shows that putting college on credit can be a very bad deal.
With today's big higher ed speech, it's becoming clearer what President Obama's most important legacy may be: He could be the guy who finally stopped runaways costs for two of life's biggest necessities: healthcare and higher education.
This would be a big deal, because -- quite apart from issues of access and fairness -- the United States is putting itself at a global disadvantage by squandering so many resources on grossly overpriced services in both sectors.
“More than half of education and related expenses at public universities is now paid for through tuition, up from about 35 percent in 2001,” wrote study author Robert Hiltonsmith, Demos’ senior policy analyst.
In essence, public universities are no longer public, he said: They have become de facto “subsidized private institutions.”
The nation’s yawning wealth gap is a major reason why minority students end up borrowing more for college. Structural racism has created disparities in home ownership rates, income and other wealth-building vehicles, providing minority borrowers with fewer resources to tap to pay for college, on average.
In 1965, President Lyndon Johnson vowed that no student wishing to attend college would "be turned away because his family is poor."
Half a century later, a shift in the way college is funded and the declining fortunes of minorities and poor families since the recession have created a college-debt system that the left-leaning think tank Demos calls "deeply biased along class and racial lines."
Because college is increasingly financed by debt taken on by students, it's creating a system that's impacting differen
Most students go into debt to pay for college. And while no one wants to be in the red, a new report from left-leaning think tank Demos argues that the increasingly debt-financed higher education system in the United States is especially harmful to low-income, black and Latino kids.
Student debt can weigh you down long into adulthood, and might make you less likely to ever be able to retire.
That's according to a new analysis from Demos, a progressive think tank.
This chart shows the clear benefit of getting a college degree. Households with some college but no degree are unlikely to own a home, while homeownership is the norm for households headed by someone who finished college.
