The good news: If you’re the parent of a college-bound student, it could be cheaper to send your young person to an Ivy League school than to your friendly neighborhood public institution, a potential bargain for families struggling to pay for tuition, room, and board.
Student debt is a crisis, holding back the economy and hobbling a generation. Wonder why today’s young adults aren’t getting married, having children, buying homes, starting businesses, saving the world? Look no further, the culprit is obvious. That’s the conventional wisdom, and it’s taken for granted in many news articles and plenty of policy prescriptions.
Aside from the personal costs of running for office, and the structural problems stemming from the way we elect representatives, money is a major issue when it comes to the representation of people of color. While personal resources play a role in the decision to pursue elective office, it also takes money, sometimes a lot of money, to run for office.
Our city governments make decisions that affect us most, yet we know very little about the ways that money influences them. In a previous post I explored new evidence that people of color are not well represented by their councils. One possible reason is the overwhelmingly white municipal donor classes.
Federal deficit hawks in Congress, driven by ideology and the campaign donations of, for lack of a better term, millionaires and billionaires, held yet another hearing last week about the national debt — but U.S. lawmakers continue to ignore the debt that is causing real trouble for the nation.
The debt danger Americans should really worry about comes from credit cards and student loans.[...]
Amid soaring inequality and stagnant wages, consumers in the United States collectively accumulated a stunning $34.4 billion in credit card debt during the second quarter of 2016 alone, according to a new report from the personal finance website WalletHub.
A Miami-Dade lobbyist [Eric Zichella] on Monday joined the court fight against a ballot item that would sharply limit campaign donations as advocates release a study claiming smaller donors to local races better reflect the county’s diversity.[...]
When environmentalists speak of climate change, they often talk of “future generations.” But generations already here are poised to suffer long-term consequences. Climate change will affect millennials drastically—including in their wallets.
Medical debt is a leading cause of bankruptcy in the United States. This report analyzes the impact of medical debt on household finances and provides policy solutions.
Every day, many U.S. families must make the impossible choice of falling into debt to pay for critical medical care or foregoing necessary treatment. In 2014, 64 million people were struggling with medical debt and it is the leading cause of bankruptcy in the United States.
BREAKING CAMPAIGN UPDATE: The 127K petitions sit untouched, Mayor Gimenez refuses to act, and the campaign coalitions have begun holding direction actions and have filed a lawsuit in attempts to get the county to do their job and count the petitions.
The editorial makes the case that we have more of a nuisance than a crisis on our hands. It misunderstands the entire point behind the push for debt-free public college.
Yesterday, Rep. Mark Pocan (D-WI) and Rep. Keith Ellison (D-MN) introduced The Degrees Not Debt Act. This legislation would create a state-federal partnership program with the Department of Education, states, and public colleges or universities in order to ensure college affordability becomes a reality for all Americans.