In a 2006 “Saturday Night Live” sketch, Chris Parnell sums up the conventional wisdom about credit card debt: “Did you know millions of Americans live with debt they can not control? That’s why I’ve developed this unique new program for managing your debt. It’s called, Don’t Buy Stuff You Can’t

New York, NY – The national public policy organization Demos has released a new report that examines the underlying reasons why some Americans have credit card debt and finds further evidence that, contrary to popular belief, indebted households are not the product of less responsible spending

Currently under consideration by state legislature, SB 975 is the third attempt to legalize payday loans (PDLs) in Pennsylvania since 2010. It claims to accommodate many of the criticisms against its predecessors, but the tweaks are superficial, and the basic impasse remains: that which makes payday

Biola Jeje, 22, graduated Brooklyn College last May with a degree in political science and a mission: Force lawmakers to address the $1.2 trillion student debt crisis. [...] Jeje left college with $9,500 in student loans, less than half the $29,400 national average for four-year college graduates

NEW YORK, NY—Today, national public policy organization Demos released a new report detailing the impact of state disinvestment in higher education since the beginning of the Great Recession. The report release coincides with the launch of Higher Ed, Not Debt, a campaign with over 60 organizations

This week, the Federal Reserve Bank of New York offered continuing evidence of the student debt crisis. Outstanding student debt again topped $1 trillion in the fourth quarter of 2013, making it the second-largest pool of debt in the nation behind mortgages. This has tripled in just a decade, as

Demos Vice President of Policy and Outreach Heather McGhee voices support for Senator Warren's Equal Employment for

Middle-class Blacks are using credit to help cover their basic living expenses, according to a report from the NAACP and public policy research organization Demos. In the recession’s aftermath, 79 percent of middle-class African-American households carry credit card debt.

This year the mainstream media seriously interrogated higher education as a complex ecosystem.

According to human resources surveys, nearly half of all employers now conduct credit checks as part of their hiring process. Yet there is little basis for this practice.