[...]As the next CEO of America, Mr. Trump can turn his promise into policy. In his first 100 days in the Oval Office, Mr. Trump should sign an executive order to make sure that the $1.3 trillion in taxpayer-dollars our Government spends annually rewards corporations that create "more jobs and better wages" for Americans.
The D.C. Council is considering a bill that would bar businesses from performing credit checks on job applicants. Supporters of the legislation say credit histories can be inaccurate and indicate little about workers’ character.[...]
“Our research shows poor credit more often tells a story of personal misfortune far more convincingly than one of poor work habits,” says Amy Traub, a senior policy analyst at Demos.[...]
According to the Demos report, credit checks were never intended to be used for hiring.
Like teens gathered around a slumber party campfire, pollsters and news outlets appear to be turning toward a giant game of “would you rather” to help understand the student debt mess.
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.
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.
When the Labor Department ruled last week that 674 workers in the cafeteria of the United States Senate had been denied their full pay in recent years, the contractor that runs the cafeteria said it was an accident. The workers said it was deliberate.
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.
Despite lore from parents and grandparents about the caddying jobs or serving gigs they used to pay for school, today’s young adults know the idea of working your way through college is about as antiquated as milk delivered daily in glass bottles or Mad Men-era martini lunches.
More bosses are weighing the credit worthiness of job candidates before making a hire — a practice that some lawmakers say unfairly keeps people with bad credit from landing a job.
On Thursday, the Senate takes up a proposal to restrict employers in most cases from using financial information such as credit scores to decide whom to hire, promote or fire. [...]
Today, Democratic presidential candidate Hillary Clinton announced major new additions to her plan to provide debt-free public college and reduce the burden of student debt for those struggling to repay. Clinton’s plan would eliminate tuition and fees for working- and middle-class students, which combined with expanded Pell Grants will allow millions of students to graduate with no debt.
Talent is equally distributed, but opportunity is not. And while many Americans believe fervently and faithfully in expanding opportunity, America’s internship-industrial complex does just the opposite.
If the twin threats to public pensions continue, African American retirees may lose much of the retirement security they’ve gained over the past half-century.