Private credit reporting companies should be replaced by a publicly run credit registry that operates in the public interest and that automatically corrects for events like natural disasters and global health crises.
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.
Besides, focusing narrowly on individual instances of discrimination often leaves in place workplace policies and the power structures that perpetuate systemic discrimination against Black and brown communities in particular.
On the superhighway to freedom, while we might be moving in different lanes and at different speeds, let’s ensure we’re all headed in the right direction to emancipation and justice.
The COVID-19 crisis has cast into stark relief what has always been true: the wealth and prosperity of the U.S. economy rests on the labor, and the lives, of black and brown communities.
New York, NY — This week Demos, a national, non-partisan public policy research and advocacy center, is pleased to announce two significant staffing changes:
Tamara Draut has been named Vice President for Policy and Programs, joining Demos President Miles Rapoport in the executive leadership of the organization. Previously, she served for nearly eight years as Director of the Economic Opportunity Program at Demos, where she oversaw research, policy and advocacy efforts on issues related to economic security and mobility in America's households.
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%.
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."
"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.
To help make that vision real, we should consider not just bold legislative change, but also finally remaking our Constitution to make real the aspiration for an inclusive democracy.