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New York has been hailed as a progressive state leading others for passing a budget that makes college tuition free for middle-class students.

New York became the first state in the country to return to a guarantee of tuition-free college for students at state public colleges and universities.

New York’s plan is a step forward in returning to the days when students could work their way through public college without taking on debt. But the impact on reducing the need to borrow may be minimal, especially for first-generation, low-wealth students.

New York approved a state budget Sunday that included the Excelsior Scholarship, which will allow students whose families earn less than $125,000 a year to attend state public colleges and universities tuition-free.

"The New York bill is what's known as a 'last-dollar' program."

April 9, 2017 (New York, NY) -- Tamara Draut, Vice President of Policy and Research at Demos, released the following statement after New York became the first state in the country to pass tuition-free college:

Donald Trump and his billionaire Cabinet are proposing even bigger tax cuts for the wealthy when what we need is a fairer system that allows our nation to meet the needs of its people.

It's one of the biggest financial decisions you'll ever make: choosing what to do with your 401(k) at retirement. That account may be the largest asset you will rely on for income in later life. You could leave it where it is or roll the money to investments inside an IRA. The right decision could

Today is Equal Pay Day. Counting from January, the average woman has just earned as much as the average man did by December 31. In other words, it took her 15 months to earn what the average man earned in 12.

If you’re a senior struggling with credit card debt like Green, you’re not alone. In 2012, for the first time, middle-income households headed by someone over 50 years old carried more credit card debt on average than households of people younger than 50, according to the Demos National Survey on