"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."
Justice Thomas’s egregious actions are part of a long pattern of justices with deep ties to wealthy, politically motivated far-right donors. Congress must act.
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.
By issuing this toothless code of conduct, the Supreme Court attempts to circumvent necessary reforms and enables more lavish gifts and lucrative speaking engagements from their wealthy patrons.
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.
The Supreme Court today turned back a constitutional challenge to spending limits for student government campaigns at the University of Montana, denying review of a June 2007 ruling by the Ninth Circuit that upheld the limits. The Supreme Court's action is a victory for the Associated Students of the University of Montana ("ASUM") and the University, which argued that the limits on campaign spending serve to assure all students, regardless of their financial circumstances, an equal opportunity to win election to student government.
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.
New York, NY — American families are using credit cards to bridge the gaps created by stagnant wages and higher costs of living and balances have grown dramatically since 1989, according to a new report published today by Demos. Borrowing to Make Ends Meet: the Rapid Growth of Credit Card Debt in America documents the disturbing trends in sky-rocketing credit card debt, and also provides detailed data based on age, race and income demographics.
Washington, DC — Today in the United States, the credit card market is measured on a scale of billions. The amount of debt owed on credit cards in 2005 was $800 billion; $30 billion is how much lenders profit each year. Under the guise of "democratization" the federal government has deregulated the industry over the past 30 years, eliminating caps on interest rates and penalties. Those who can least afford it are paying the price.
New York, NY — As health care costs continue to rise faster than incomes, families are turning to credit cards to pay for medical care, according to new research by Demos and the Access Project. The public policy groups published the findings today in a report entitled "Borrowing to Stay Healthy: How Credit Card Debt Is Related to Medical Expenses."
New York, NY — Homeowners have been tapping into their home equity to get the cash needed to pay down credit card debt incurred not for luxury expenses, but for basic needs. This strategy leaves them on precarious financial footing after two years of interest rate hikes and the largest drop in home prices in 35 years, according to House of Cards 2006 Update: Still Refinancing The American Dream, a report published today by Demos, a non-partisan public policy organization based in New York.
