As the nation’s trillion-dollar student debt continues to rise, a new analysis of public higher education’s funding finds dwindling state support is the key factor driving rising tuition costs and deepening student debt. According to Demos, a public policy organization advocating economic opportunity and inclusive democracy, over the last two decades state support for higher education funding shifted to a new paradigm.
A coalition of progressive groups on Thursday formally began a new campaign aimed at curbing rising student debt and reducing the price of college.
The group of think tanks, student organizations, consumer advocates, and unions is targeting the country’s “increasingly dysfunctional system of higher education,” said Anne Johnson, executive director of Generation Progress, the youth division of the Center for American Progress, which is an organizer of the campaign. [...]
For decades, rapid economic growth has been the norm for developed countries. An educated workforce, a large population boom, major technological advances, and abundant fossil fuels were the key components of growth, generating substantial and broadly distributed increases in standards of living in many countries. We have grown so used to such growth that we inevitably view it as a panacea for a host of economic ills, whether it's a deep recession or income inequality.
We now understand, however, that the postwar growth paradigm is not environmentally sustainable.
Chief of Programs at Demos, Angela Hanks on Black employment in this jobs report, wage growth, and the Fed rate hike - what damage that could do to the economy.
The resumption of student loan payments after a three-year break, is likely to deliver a blow to American economic growth, according to economists, in a move that could harm many beyond borrowers alone.
Demos President Taifa Smith Butler joins Colin to discuss Black Women’s Equal Pay Day, the Biden administration's economic agenda, and extremist attacks on education.
Demos President Taifa Smith Butler joins Colin to discuss Black Women’s Equal Pay Day, the Biden administration's economic agenda, and extremist attacks on education.
Today's ruling is a powerful affirmation: the CFPB stands as a fortress against financial predators, especially crucial for communities of color battered by decades of discriminatory banking practices.