Today, Sec. Hillary Clinton will announce her plan to return to debt-free public college for future students and relieve the burden for existing borrowers. Tamara Draut, Demos Vice President of Policy and Research, released the following statement:
Today, Sec. Hillary Clinton will announce her plan to return to debt-free public college for future students and relieve the burden for existing borrowers. In anticipation of the release of Sec. Clinton’s plan, Demos prepared two new analyses that underscore the need for bold solutions to our college affordability crisis.
(New York, NY)- During the next few weeks thousands of students across the country will graduate from college, an accomplishment that used to symbolize a step toward financial independence and entry into the middle class.
New Demos Report Shows State Disinvestment in Public Higher Education is Driving Tuition Increases
Decreased State Funding is Responsible for Nearly 80 Percent of the Rise in Public Education Tuition
Recently, there has been much debate about the real cause of tuition increases, which have risen by nearly $3,000 at public four-year universities in the last decade alone. To meet these costs, U.S. students must take on crushing levels of debt just to access education that was readily affordable for previous generations.
Demos and coalition partners have reached an agreement with the City Council and de Blasio administration to send a bill banning the use of employment credit checks to the City Council floor. In response, President Heather McGhee issued the following statement:
“We are pleased to see progress made in the fight for equal opportunity employment in New York City. Employment credit checks are a catch-22, preventing qualified workers from getting a job just when they really need one most. The biggest drivers of credit problems are job loss and medical emergencies.
Following the announcement that McDonald’s Corporation plans to raise wages by more than 10 percent for 90,000 employees, Demos Senior Policy Analyst Catherine Ruetschlin issued the following statement:
McDonald’s workers deserve this raise and much more.
(New York, NY) – Earlier this week, President Obama directed the Department of Labor to begin the rulemaking process for a fiduciary rule, a new regulation that would require financial advisors and brokers to act in the best interest of people saving for retirement. In the new explainer Why the Fiduciary Rule Matters, Demos Senior Policy Analyst Robert Hiltonsmith finds that this new regulation could save Americans nearly $25 billion from lower fees and translate into an additional $60 billion in returns.
In response to Walmart's announcement to raise the wage for 500,000 employees, Demos Senior Policy Analyst Catherine Ruetschlin issued the following statement:
New York, NY — Last night, provisions were added to the House of Representatives' 2015 omnibus spending bill which would repeal crucial features of the Dodd-Frank Act.
In response, Demos Senior Fellow Wallace Turbeville issued the following statement:
(New York, New York) – Today the national public policy organization Demos and The National Council of La Raza (NCLR) released a new report that explores the use of credit cards and the impact of debt on Latino households in America.
The housing crash resulted in a tremendous loss of wealth in the Latino community. Households have fewer resources to draw on in times of need.
(New York, New York) — As the country struggles to find remedies for its growing student debt problem, the national public policy organization Demos has released The Affordable College Compact, a new a proposal for a federal-state matching program to alleviate this burden for students and address many of the contributing factors of rising college costs, most notably state disinvestment.
Today, President Obama will sign an Executive Order that will encourage federal agencies to not contract with companies that violate labor laws, and require federal contractors to disclose any record of wage, labor and anti-discrimination law violations.
(New York, NY) – Eight million workers rely on low-wage jobs supported by the federal government’s $1.3 trillion in annual spending on goods and services, a new report by the national public policy organization Demos finds.
With a Congress that will not act to support American workers and their families, it is more important than ever that [the president] take executive action to institute a Good Jobs Policy.
FAYETTEVILLE, Ark.--(Business Wire)--Sending a message to the Walmart heirs who control the company, a growing number of institutional investors, independent shareholders, analysts and advisors are raising concerns – and proposing changes – at Walmart’s annual shareholders meeting Friday.
NEW YORK, NY— A new report by the national public policy organization Demos reveals prevalent business practices in the retail sector such as low pay, erratic scheduling and scarcity of basic benefits are keeping millions of hard-working women and families near poverty.
WASHINGTON, DC – Citing a recent report which found an alarming 1000-to-1 pay disparity between fast food CEOs and their front line workers, Senator Menendez again called on Securities and Exchange Commission Chair Mary Jo White to finalize its rule requiring publicly traded companies to disclose the ratio between the compensation of their CEO and median worker, as directed by Section 953(b) of the Dodd-Frank “Wall Street Reform Act”.
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