To fairly evaluate any higher education reform proposal, we must understand the ways that these dual burdens—less wealth and more debt—lead to worse outcomes for Black students than white students.
“It’s a lot of debt out there. But that debt and the burden of that debt is not necessarily being felt equally. It’s extremely difficult for borrowers of color in particular."
Leaders with Florida Rights Restoration Coalition, Dēmos, and Forward Justice continue their efforts to engage, empower and protect returning citizens and their right to vote.
Florida’s returning citizen leaders filed the brief to ensure full protection of Amendment 4 in their continued efforts to engage, empower and protect returning citizens and their right to vote.
Would Re-establish Key Provisions of the Glass-Steagall Act—Limiting Risk Taking by Commercial Banks, Requiring Investment and Insurance Spin-offs, Ending Era of 'Too Big to Fail'
"State officials are rightly wary of the goals of the commission because it does seem that the whole purpose for setting it up is to justify a preordained conclusion that somehow millions of votes were cast illegally in the last election," says Brenda Wright, vice president for policy and legal strategies at Demos, a progressive think tank. "That's the verdict, and now they want to hold a trial." [...]
“We think of education funding, particularly at the state level, as a spending issue, but it’s myopic,” said Mark Huelsman, a senior policy analyst at Demos, a left-leaning think tank. “There are all kinds of second order effects to investing in education — homeownership or wealth building is certainly one of them. If you don’t spend the money on students now and that means that they’re less likely to go to college or they’re more likely to take on debt, that is going to impact their future economic activity.” [...]
Black students are far more likely to take on debt for a degree than white students, and young black households have more student debt despite fewer educational opportunities and a more uncertain payoff in the job market.
Without the Consumer Financial Protection Bureau, lenders preying on communities of color would continue to pull in windfall gains, while widening the racial wealth gap and undermining the precarious financial stability of vulnerable households.
Demos (pronounced with long "e") — a public-policy group trying to shape a Democratic agenda on working-class issues like household indebtedness, college affordability and economic challenges facing young people — tested economic messages with an online survey of 1,536 registered voters in June.