The nation’s yawning wealth gap is a major reason why minority students end up borrowing more for college. Structural racism has created disparities in home ownership rates, income and other wealth-building vehicles, providing minority borrowers with fewer resources to tap to pay for college, on average.
In 1965, President Lyndon Johnson vowed that no student wishing to attend college would "be turned away because his family is poor."
Half a century later, a shift in the way college is funded and the declining fortunes of minorities and poor families since the recession have created a college-debt system that the left-leaning think tank Demos calls "deeply biased along class and racial lines."
Because college is increasingly financed by debt taken on by students, it's creating a system that's impacting differen
Most students go into debt to pay for college. And while no one wants to be in the red, a new report from left-leaning think tank Demos argues that the increasingly debt-financed higher education system in the United States is especially harmful to low-income, black and Latino kids.
The most important fact about higher education is that only a minority of people go to college. That fact would change if college was affordable for more people.
Demos, the New York-based group, began monitoring North Carolina about a decade ago because it spotted a drop-off in public assistance registrations. Gary Bartlett, the State Board of Elections director at the time, was eager to attract more voters, said Stuart Naifeh, an attorney with Demos.
“He was as dismayed as we were about the low rates,” Naifeh said. “He wanted to work with us to improve that.”
This is not the first time North Carolina has fallen out of compliance with the NVRA. Dēmos, the New York-based group that has put North Carolina on notice, also monitored the state about 10 years ago after seeing a drop in voter registration applications processed by public assistance agencies. Gary Bartlett, the State Board of Elections director at the time, worked closely with Dēmos to get the state back into compliance.
Black culture and the role racism plays in black American history are discussed at length in the national dialogue around race relations. We regularly debate use of the “n-word,” for example, and the impact of historical racism on outcomes for black Americans.
After the killing of Michael Brown in Ferguson, Missouri, many pointed at the gap between the black population and their overwhelmingly white elected officials as a symptom of the country’s problem with race.
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Given growing levels of student debt combined with stagnant incomes over the past few decades, “something has to give somewhere,” said Mark Huelsman, a senior policy analyst at Demos, a left-leaning think tank.
“More than half of education and related expenses at public universities is now paid for through tuition, up from about 35 percent in 2001,” wrote study author Robert Hiltonsmith, Demos’ senior policy analyst.
In essence, public universities are no longer public, he said: They have become de facto “subsidized private institutions.”
The Affordable Care Act is probably the most progressive policy Americans born after the Great Society will witness in their lifetimes. It has saved tens of thousands of Americans from premature death and has already insured more than 12 million people. It has already defined Barack Obama’s legacy and will inevitably be at the center of the 2016 election. So why do so many on the left despise it?
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In today’s economy, a college education is essential for getting a good job and entering the middle class. Yet, despite this reality, college costs are rising beyond the reach of many
Wisconsinites, and student loan debt has become a clear and present danger to both the Wisconsin and American economies.
Less than 10 years ago Demos and other voting rights groups approached North Carolina after an investigation revealed that the state was failing to meet its obligations under Section 7 of the National Voter Registration Act—a federal law that requires North Carolina provide individuals who apply for public assistance the opportunity to register to vote.
Mark Huelsman, senior policy analyst at Demos, said that the debt-free concept relies on what many higher education policy groups have long been saying: that states need to boost their spending on higher education and that student loan debt is crushing some borrowers and a drag on the economy.
Barring a dramatic scandal or an unforeseen event, Hillary Clinton will be the 2016 Democratic party nominee for president. While many on the left have complained about her close ties to banks and her past unwillingness to tackle inequality, such complaints are unlikely to be solved by any challenger. Progressives should instead begin creating the infrastructure to shift American politics in a more progressive direction -- and do so while supporting Clinton in 2016.
