It’s crucial that the U.S. Congress and the Department of Education act swiftly and aggressively and provide states and institutions with much-needed support before it’s too late.
The Postal Service faces a $13 billion revenue loss this fiscal year alone; If the Postal Service is allowed to fail, it will be a tremendous blow to all Americans.
We're all seeing systematic efforts to shift the economic and health risks of the pandemic from governments and employers and onto the backs of disproportionately Black and brown workers.
It is time for colleges, states, and the federal government to prove their commitment to Black students with policy action—not just well-meaning statements and gestures.
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.
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.
Over 100 community, civil rights, consumer, and student advocacy organizations urge House and Senate leadership to insist on student debt cancellation for all borrowers during negotiations over the next coronavirus relief package.
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.
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.
Proposal to Expand Funding for Low-Income Students; Increased Access to Federal Loan Program
New York, NY — Demos, a national, non-partisan, public policy and advocacy organization, in partnership with twelve national organizations representing students, colleges, consumers, and college administrators, sent a letter to Congress on Wednesday calling for increased investment in college affordability and reducing financial barriers for entry into post-secondary education.