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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
Press release/statement
Senior Fellow Algernon Austin writes about the soaring cost of college tuition and the graduation rates of of low-income and minority students.
In the media
Algernon Austin
New York, NY — Today's young adults are feeling the full, deep impact of a massive shift in the US economy, and are no longer able to start and sustain a family, build a career and grow assets in the same manner as the previous generation, according to a new report series published today by Demos, a
Press release/statement
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
Press release/statement
Senior Fellow Algernon Austin and Jared Bernstein discuss how the "bad culture" arguments about African-Americans are misguided at best and destructive at worst. By creating an erroneous causal link between "bad culture" and black poverty, the "Cosby consensus" prevents the country from recognizing
In the media
Algernon Austin
New York, NY — Economic Opportunity and a healthy democracy should be central focuses of America's political debate, according to a new policy briefing book published today by Demos: A Network for Ideas & Action, a national, non-partisan public policy, research and advocacy organization.
Press release/statement
WASHINGTON, DC — The U.S. Supreme Court today announced its decision in Randall v. Sorrell, a case addressing the constitutionality of Vermont's comprehensive campaign finance law, passed in 1997. Stuart Comstock-Gay, Executive Director of the National Voting Rights Institute, which defended the law
Press release/statement
New York, NY — Today, Demos, a national, non-partisan public policy organization that studies economic security issues in the United States, announced the launch of the new Around the Kitchen Table online. Published at www.aroundthekitchentable.org, this monthly news journal offers commentary
Press release/statement
Robert Frank, an economist at Cornell University, for instance, found that in counties with the widest income gaps, rates of personal bankruptcy and divorce rates were higher than average.
In the media
Jeanne Sahadi
New York, NY — Today marks the release of a groundbreaking new book; STRAPPED: Why America's 20- and 30-Somethings Can't Get Ahead (Doubleday; On-Sale January 17, 2006), written by Tamara Draut, Economic Opportunity Director at Demos.
Press release/statement