“It doesn’t do anything to address the root problems of college affordability and of rising student debt,” said Mark Huelsman, a senior policy analyst at Demos, a left-leaning think tank. Those include state disinvestment in higher education, a trend that the federal government could help reverse, according to Huelsman, by using federal money to encourage states to up their investment in their public colleges. [...]
Despite important advances with ballot initiatives and the rise of the powerful Fight for $15 movement, there is still progress to be made on raising the minimum wage.
Today, with health coverage for maternity care threatened, child care costs outstripping the price of college tuition, and nearly a quarter of new mothers forced to return to work two weeks or less after giving birth, we are making it extraordinarily difficult for anyone but the ve
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.
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.
Judge Neil Gorsuch’s troubling record on money in politics and concern that he’ll tilt our elections even more toward the wealthy and powerful is a key reason to oppose his lifetime confirmation to the Supreme Court, at least 20 U.S. Senators have said in their statements opposing him.
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.