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.
The ongoing devaluing of Black life that’s now on full display forces us to confront America’s racist origins and to uproot our systems of racial violence, economic subordination, and hoarding of political power.
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.
Twelve years after starting college, the white female borrower has paid off 72% of her loan balance. Over the same time period, the typical Black female borrower's balance has grown by 13%.
We're all seeing systematic efforts to shift the economic and health risks of the pandemic from governments and employers and onto the backs of disproportionately Black and brown workers.
Private credit reporting companies should be replaced by a publicly run credit registry that operates in the public interest and that automatically corrects for events like natural disasters and global health crises.
The Postal Service faces a $13 billion revenue loss this fiscal year alone; If the Postal Service is allowed to fail, it will be a tremendous blow to all Americans.
“The potential for executive action to jumpstart the transition that we need — to reorient our democracy for democratic engagement and redress historic inequities — is huge.”
