As the nation’s trillion-dollar student debt continues to rise, a new analysis of public higher education’s funding finds dwindling state support is the key factor driving rising tuition costs and deepening student debt. According to Demos, a public policy organization advocating economic opportunity and inclusive democracy, over the last two decades state support for higher education funding shifted to a new paradigm.
Biola Jeje, 22, graduated Brooklyn College last May with a degree in political science and a mission: Force lawmakers to address the $1.2 trillion student debt crisis. [...]
Jeje left college with $9,500 in student loans, less than half the $29,400 national average for four-year college graduates. She and her fellow activists are mobilizing support to march on Albany, New York state’s capital, to deliver a message to legislators. [...]
A coalition of progressive groups on Thursday formally began a new campaign aimed at curbing rising student debt and reducing the price of college.
The group of think tanks, student organizations, consumer advocates, and unions is targeting the country’s “increasingly dysfunctional system of higher education,” said Anne Johnson, executive director of Generation Progress, the youth division of the Center for American Progress, which is an organizer of the campaign. [...]
NEW YORK, NY—Today, national public policy organization Demos released a new report detailing the impact of state disinvestment in higher education since the beginning of the Great Recession. The report release coincides with the launch of Higher Ed, Not Debt, a campaign with over 60 organizations dedicated to supporting borrowers, addressing unfair lending practices, and reining in soaring costs in higher education.
For higher education and student debt, this year’s budget mostly includes proposals we’ve seen from the Obama administration in previous budgets, speeches, or elsewhere.
Shaun McCutcheon doesn’t like that there is a cap on the total amount of money that one person is permitted to contribute to federal candidates, parties, and political-action committees. And he is hoping that, someday soon, the Supreme Court will grant his wish by striking these limits when it rules on his case, McCutcheon v. Federal Election Commission.
As we await a decision from the Supreme Court in the McCutcheon v. FEC money in politics case, the Justices themselves heard from a protester who rose in the courtroom to proclaim that “money is not speech, corporations are not people” and to urge the Court to “overturn Citizens United.”
This week, the Federal Reserve Bank of New York offered continuing evidence of the student debt crisis. Outstanding student debt again topped $1 trillion in the fourth quarter of 2013, making it the second-largest pool of debt in the nation behind mortgages. This has tripled in just a decade, as higher-education prices increased faster than medical costs, up 500 percent since 1985.
In the last four parts of this series, I have discussed the problems of our current student loan system, the potential for an income-based repayment system, and the difficulties of a graduate tax. This leaves us with another proposal: universal free undergraduate public higher education. [...]
The Government By the People Act increases the power of the small contributions that ordinary citizens can afford to give, providing incentives for congressional candidates to reach out to average constituents, not just dial for dollars from wealthy donors.
WASHINGTON DC — Today, Demos applauded Leader Pelosi and Representative Sarbanes for co-sponsoring H.R. 20, The Government by the People Act, new legislation aimed at raising the voices of all Americans in the political process and allowing congressional candidates to run competitive campaigns by relying on small dollar contributions.
“Everyone should have an equal say in our democracy through the principle of one person, one vote—not one dollar, one vote,” said Heather McGhee, incoming President of Demos.
One way to think about politics today is that we have a bunch of public servants making chump change who spend an inordinate amounts of time hanging out with rich people, their noses pushed up against the window of an affluent lifestyle that they can't afford. Bad things happen in this situation.
Quite like Hollywood's, the glitterati of the university depends on a semi-translucent support crew. There are papers to grade, lab-rats' necks to snap, low-level requisite classes to teach, exams to proctor, online discussions to moderate, etc. As U.S. college enrollment has nearly tripled between 1970 and 2010, this arduous and quasi-intellectual scut work has accumulated quicker than ever.
The co-chair of the Moreland Commission set up to investigate campaign finance issues in New York, William Fitzpatrick, is a Republican, fiscal conservative, and a recent convert to public financing. Fitzpatrick stated, “If the money's not there, I'm inclined not to spend it.
There aren't a lot of causes that can fire up Americans across the political spectrum, but getting money out of politics is definitely one of them. That's the finding of a recent poll-based memo by the DemocracyCorps.
A majority of Americans see Washington as corrupt, the memo reports, and many blame "moneyed interests" for that corruption -- believing both parties are deeply compromised.