Twelve years after starting college, white men have paid off 44% of their student loan balances on average, while black men saw their balances grow by 11%, according to an analysis from Demos.
Twelve years after starting college, the white female borrower has paid off 72% of her loan balance. Over the same time period, the typical Black female borrower's balance has grown by 13%.
Our analysis of voter turnout in Ohio’s primary finds large disparities in absentee ballot request rates and voter turnout between predominantly white and non-white neighborhoods.
Initiative Aims to Strengthen Social Insurance, Promote Broadly Shared Prosperity, Set the Record Straight on Federal Spending
New York — Demos and The Century Foundation today launched an initiative to strengthen social insurance programs and develop a roadmap for a fair and responsible federal budget. The project gets underway as the White House prepares for its February 23 "Fiscal Responsibility Summit."
States must now take swift action to design racially equitable voting systems—including dramatically scaling up vote by mail, while also maintaining accessible in-person voting—so communities are not disenfranchised this fall.
"Imagine any financial transaction you make and someone says the price of this thing is $100,000, but you are very likely to pay nothing, but first you have to fill out all these forms."
3 out of 4 senior households lack the economic security needed to sustain them through their lives, according to new study
New York, NY — Older Americans have experienced huge, negative financial shifts that now make it more difficult to enter retirement with sustainable economic security, a new study finds. Seventy-eight percent of all senior households are financially vulnerable when it comes to their ability to meet essential expenses and cover projected costs over their lifetimes.
If we are to survive this crisis—and imagine a more equitable, dynamic economy to come, we must start with a recommitment to the value of universal, inclusive public infrastructure.
New York, NY — The 2008 presidential campaign ended with a sharp moral debate about "spreading the wealth" in the United States. With national concern about a barrage of bad economic news--from the financial meltdown on Wall Street to the near-bankruptcy of the American auto-industry — which, coupled with bailouts and controversial tax plans proposed by the new Administration, have moved the issue of wealth distribution to the forefront of public debate.
From March through May, New Florida Majority Education Fund surveyed over 21,000 Floridians to ask how the pandemic was affecting their lives and well-being. This report presents our findings from those surveys.
We need to continue to demand a government committed to protecting Black and brown communities in this moment, and need to continue to push for bold, transformative change.
Report Shows How Crisis Will Continue to Impact Small Business, Student Borrowers, Homeowners
New York — The household economy — especially small business, homeowners and student borrowers — will continue to suffer during a sever tightening of lending credit and capital, in spite of the federal rescue plan, according to a new report by the non-partisan public policy center Demos.
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.
Taifa Smith Butler, joins News NOW on Black Women’s Equal Pay Day to discuss why Black women in America have to work 579 days to earn what a white man does in one year and how companies can work to combat this pay disparity and inequality.
Policy choices have allowed big companies to continuously use their power to preserve economic and democratic imbalances that maintain their wealth and influence at the expense of everyone else.
"For the sake of millions — people watching their rents go up while their wages don’t, parents who need support in tackling the ever-rising cost of child care, and seniors who regularly must decide whether they can afford their bills or their pills — the Senate must pass this legislation.”
New Report by Demos Underscores Survey Findings, Showing Sharp Rise in College-Related Costs and Debt; Access for Minorities
WASHINGTON, DC — The rising cost of college is a critical, yet largely overlooked concern of voters this election year, according to a new National Education Association (NEA)/ Project New West survey. It finds that a majority of voters believe a college education is necessary to make ends meet in today's global economy but feel that struggling middle class families don't get the help they need to pay for it.