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Many college graduates worry about their finances as they begin their professional careers in the red - a place where if they don't get a hold of their debt they may stay for years to come.
New York, NY — Today marks the publication of a groundbreaking new book on the moral landscape of America, THE MORAL CENTER: How We Can Reclaim Our Country from Die-Hard Extremists, Rogue Corporations, Hollywood Hacks, and Pretend Patriots (Harcourt Press, September 11, 2006; ISBN 0-15-101151-6; $24.00), by David Callahan, co-founder and Senior Fellow at Demos, a national public policy organization. In THE MORAL CENTER, Callahan argues that nothing's the matter with Kansas: Americans voting their values are responding to a real moral crisis.
Draut is one of the experts who claims the problem has reached "epidemic" proportions - yet the issue continues to worsen as more and more graduates and young people find themselves drowning in debt.
As more and more young people get in too deep, students, parents, educators and lawmakers are proposing solutions. The seeds of a grassroots activist movement against debt are being sown. But is it too little, too late?
New York, NY — The organizations listed below respectfully submitted public comments today seeking improvements in draft New York State Database Regulations.
For too many grads, though, "the 'debt for diploma' system" makes starting-out responsibility, financially speaking, very difficult, says Draut. The shift from free grants to loans since the early '90s has more than doubled the debt burden of grads who borrow to go to school. That's why it's important to learn to calculate for the real world so you can fulfill the high expectations that motivated you to go to college in the first place.
Draut estimates 25 cents out of every dollar earned by indebted graduates goes to pay off credit cards or loans, for a total debt load of about $20,000 per person.
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 alongside the state of Vermont, had this statement on the decision.
New York, NY — Today the Brennan Center for Justice at NYU School of Law, Demos, and the Legal Action Center, three leading national public policy organizations, praised the New York Assembly Committee on Election Law for passing the Voting Rights Notification and Registration Act on June 14th, a bill that would reduce barriers to voting by individuals with felony convictions.