"Any action, plan, or agenda not rooted in equity to address the student loan debt crisis undermines America’s legitimacy in being a world leader that truly cares about the future of its people."
Demos and The Center for American Progress Publish New Studies
Washington, DC — Today's young adults are feeling the impact of a massive shift in the U.S. economy — changes that are documented in a new data report from Demos and an analysis of public opinion polling by The Center for American Progress. The studies were announced today with a press teleconference.
“The government has not asked questions of the banks for this latest bailout—protecting the priorities of banks and shareholders. But for the rest of us, not so much.”
"The Supreme Court's decision is another boulder on the chests of millions of Americans burdened by the suffocating weight of lifelong student loan debt."
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.
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.
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.
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.
"To say that people post-crisis, as they try to rebuild their lives, have to carry the impact of this is just another round of disadvantage and discrimination.”
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.
