Demos Vice President of Policy and Research Tamara Draut issued the following statement:
"After two months of deliberations, hearings, and moving testimonies, the wage board created by Governor Cuomo voted yesterday to recommend a wage increase in a series of steps to $15 an hour by 2018 in New York City and by 2021 in the rest of the state. Fast-food workers’ decision to challenge their powerful corporate bosses was a huge risk—and it paid off.
Chanting "$15.00 and a union," thousands of federal contract workers walked off their jobs yesterday, led by the Senate's cafeteria workers who serve Senators their food. They were joined by Senator and presidential candidate Bernie Sanders, and members of the Congressional Progressive Caucus, led by Keith Ellison (D-Minn) and Raul Grijalva (D-Ariz). Sanders announced they were introducing legislation to raise the federal minimum wage to $15.00 an hour.
The missing link in the inequality debate is not financial stability, but financial domination of the broader economy, what has come to be called “financialization.” Financialization, as a new Demos report demonstrates, is not only measurable by risk and volatility or by the mere expanding volume of financial activities; rather, it should also be measured by how the non-financial economy—the economy of jobs and wages, production and enterprise growth—is increasingly dist
Demos, in proud partnership with fellow racial equity organizations, released the following statement about the HUD's new fair housing rule:
"The Housing and Urban Development’s (HUD) release of the final 'Affirmatively Furthering Fair Housing Rule' is a courageous and necessary step by President Obama and HUD Secretary Julián Castro to move our country past the artificial barriers that have divided us and toward a more inclusive and democratic society.
Education-loan borrowing among students pursuing an associate’s degree has increased significantly in the past decade, particularly among low-income students. For the 2011-2012 academic year, 55% of students who received Pell Grants and earned associate’s degrees also graduated with debt, according to a 2015 report from Demos, a progressive policy group in Washington, D.C.
"Debt-free" might not sound as sexy as simply "free," but O'Malley's approach could in fact create a more effective mandate for radically reducing the cost of college in the United States.
“The decline in state funding for state colleges and universities is the main driver of what’s increasing costs,” says Mark Huelsman, senior policy analyst at Demos, a liberal think tank. He’s the author of a 2014 proposal for increasing public higher education funding that he says has drawn interest from several presidential primary candidates.
Policy makers are also exploring ways to maintain a safety net for seniors with defaulted student loans, while still ensuring the Education Department gets the money it’s owed. Sens. Elizabeth Warren and McCaskill, Democrats from Massachusetts and Missouri, respectively, sent a letter to the GAO earlier this year asking for more information about the financial and loan status of seniors losing their benefits.
European countries also differ substantively from the US in terms of the percentage of college attendees that their debt free models serve.
“Germany has a lower percentage of students go on to college than we have here in the US,” Mark Huelsman, a senior policy analyst at think tank Demos, told ATTN.
Demos, in proud partnership with fellow racial equity organizations, released the following statement about the King v. Burwell Supreme Court ruling:
"We, the undersigned organizations working to advance racial justice and health equity in the United States, are pleased that the U.S. Supreme Court has found that health insurance subsidies authorized by the landmark Patient Protection and Affordable Care Act (ACA) will remain intact.
Common retail practices perpetuate racial inequality, fostering occupational segregation, low pay, unstable schedules, and involuntary part-time work that disproportionately harm people of color in the retail workforce.
Thanks to certain progressive senators and Democratic presidential hopefuls, interest in debt-free college is at an all-time high. But what happens next is very much uncertain — people don’t even agree on what debt-free college means, much less how (or whether) to make it a reality. Demos, which put the idea on Washington’s radar via a white paper last May, is now trying to tackle both issues — by wrangling a common definition of the idea, and starting to codify it via Higher Education Act reauthorization.
No one gets a job as a retail cashier or shopping assistant to get rich.
While the retail industry is known for its paltry pay across the board, skin color has an alarming influence on how many raises and promotions a worker receives.
White retail workers earn $15.32 an hour, on average, while African American and Latino retail workers average less than $11.75, according to a recent analysis of government data by NAACP and Demos, a left-leaning think tank.
The reason is simple: white workers are mor
About 81 percent of black graduates of public colleges and universities have student debt, compared with 63 percent of white graduates, according to report by Washington think tank Demos. Latino students borrow at similar rates to white students.
We’ve allowed the price of college and its attendant debt to rise well beyond the point where it is actually helpful in getting people through college.
After banning the box last year, the D.C. Council will consider a bill that would prohibit employers from checking an applicant’s credit history during most of the hiring process.
In 2015, the average student borrower is graduating with about $35,000 worth of debt. Paid over the course of 10 or more years, the cost of repayment will include several thousand dollars more to pay off the interest that accumulates on the loan.