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.
This year’s Maryland legislative session will soon end and among the potential unfinished businesses of the session is the Maryland Trust Act. Polls show that this is the type of law that Marylanders would love their leaders to take a stance on as part of the resistance to President Donald Trump’s attacks on immigrants and refugees.
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 give you hundreds of thousands of added dollars over a 30-year retirement. [...]
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 Credit Card Debt conducted with AARP’s Public Policy Institute. Half of those over 50 had medical debt on their credit cards, and a third said they used credit cards to finance daily expenses. [...]
With so many eventual graduates starting at community colleges, we should take a hard look at institutional aid policies, which reward incoming freshmen much more than transfer students.
Another question is how much the Cuomo and Raimondo plans will truly benefit low-income students. Both proposals are what’s called “last-dollar” initiatives, meaning the states would only pay the balance of tuition after students use up existing state and federal aid, including Pell Grants. These current state and federal programs couldn’t be used to fund other college costs.
Last week I had the privilege of testifying before the Senate Judiciary Committee about President Trump’s Supreme Court nominee, Judge Neil Gorsuch. Wth the Court split four-to-four on so many critical issues, the stakes couldn’t be higher.
But even beyond issues, what’s at stake with this nomination is the very shape of our democracy: the way we make decisions about everything from who gets health care to whether working families will live in poverty—and whose voices are heard in that process.
We’ve created our own bracket here, matching up colleges not by the number of McDonald’s High School All-Americans on their roster, but by whether or not they provide access to an affordable education and whether they are engines of upward mobility for working-class students.
“There are approximately zero students that would see a net benefit if this budget were enacted into law,” said Mark Huelsman, senior policy analyst at Demos, a left-leaning think tank. [...]
“Consolidating or reforming campus-based aid programs is not a bad idea, but at the end of the day students have to come out ahead,” Huelsman said. “Indiscriminate cuts to work-study absolutely would harm the low income students or middle class students on campuses who absolutely do receive the money.”
[...] In short, our analysis indicates that Donald Trump successfully leveraged existing resentment towards African Americans in combination with emerging fears of increased racial diversity in America to reshape the presidential electorate, strongly attracting nativists towards Trump and pushing some more affluent and highly educated people with more cosmopolitan views to support Hillary Clinton. Racial identity and attitudes have further displaced class as the central battleground of American politics. [...]
Congressional Republicans and the Trump administration apparently believe that extremely basic workplace protections are too onerous to ask U.S. businesses to uphold.
President Trump called last night for “one of the largest increases in national defense spending in American history.” He has proposed increasing the military budget by $54 billion—a proposal that would require great sacrifice from working people in the form of cuts to vital health care, education and environmental services.
You can be sure that communities are fighting back against the far-reaching, multi-headed, xenophobic and draconian first wave of Trump’s immigration enforcement apparatus. Everyone who believes in equality and justice can assist in this community-led battle for the soul of our democracy.
San Francisco mayor Ed Lee and city supervisor Jane Kim announced on Monday that the city would offer free community college to any of its residents, effective this fall.
Much of America’s greatness is due to the contributions of immigrants. One of our founding fathers—Alexander Hamilton—was an immigrant from the Caribbean.
The throngs of protesters who attended the Women’s March on Washington, and who continue to demonstrate at airports, town halls, and on city streets around the country, have made clear that opposition to Donald Trump’s radical Republican agenda will be sustained and powerful. But to earn the trust of the majority of Americans who reject Trumpism, Democrats will have to go beyond simple resistance. They’ll have to show that if voters restore them to power, they’ll actually improve the lives of working families. [...]
When it comes to jobs, the fast food industry represents the worst of our economy: paying poverty wages; offering irregular, part-time hours; and providing few benefits. Wage theft and workplace safety hazards are rampant. An executive who has built his personal wealth on a fast food business model that treats working people as cheap and disposable is among the worst possible choices to lead the Department of Labor. Yet Donald Trump has selected fast food CEO Andrew Puzder for the responsibility of protecting American workers.
Doing “everything right” — making all the optimal life choices to build wealth and get ahead, despite obstacles — is still not enough for black and Latino households to accumulate as much wealth as their white counterparts.