In 1965, CEOs made about 20 times as much as the average worker. By 2013, they made about 273 times as much. And CEOs of fast food companies made about 1,200 times as much as the typical fast food workers, according to a 2014 report by Demos, a public policy organization in New York.
The co-counsel in the case, Jenn Rolnick-Borchetta of Demos, a progressive policy organization, told POLITICO New York, the need to give information to people who have been stopped by the police “has been ordered, but what that is going to look like isn’t yet figured out.”
“The pilot form has a blank space for officers to fill in their information," said Borchetta, who said that creates a potential problem because “we know officers don’t give their info, or the right info.”
In an op-ed for The New York Times, Professor Victor Fleischer of the University of San Diego School of Law advocated minimum annual payouts from university endowments to reduce tuition and increase research support. He suggests paying out 8 percent of the endowment balance if the endowment exceeds $100 million. This is an issue worth discussing though the conclusion that endowment payouts be mandated is by no means as clear as the professor suggests.
The significance that money in politics has in the candidacy of women and people of color is perhaps no more evident than in the 2014 campaign of Nina Turner for Ohio Secretary of State.
It’s not often that statewide candidates can garner national headlines the way Turner, a black woman, did during her race. She had been an experienced legislator and a strong voice against voter suppression in one of the nation’s most influential states. Turner had the backing of unions and other groups on the grassroots level, and was even a popular guest on cable news shows.
The St. Louis Fed findings add to the growing body of evidence that higher education benefits some groups more than others, which may help to exacerbate the yawning racial wealth gap instead of shrink it. Black and Hispanic students are more likely to approach college with lower levels of wealth on average and are, therefore, more likely to have to borrow to attend school, according to a report earlier this year from Demos, a left-leaning think tank.
For the wider audience hungry for culture that puts racial issues prominently in the foreground, it is particularly vexing that the comedians would choose this delicate time to make their imminent (though not permanent) departure.
“These voices are so needed, and when they’re not there, you really feel it,” said Donovan X. Ramsey, a fellow at Demos, a public policy organization that works in part to promote racial equality.
While every single Democratic member of the Legislature has signed on as a sponsor of this bill, not a single Republican has been willing to break from party orthodoxy and let common sense trump caustic partisanship.
Imagine the benefits to our state economy and Wisconsin families if millions of dollars in interest on student loans paid by borrowers every year to the federal government and Wall Street banks would instead stay right here.
One year ago today, the country was rocked by the death of 18-year-old Mike Brown. He was just days from heading to college when a white police officer shot and killed him.
Hillary Clinton just released a bold plan to return the United States to debt-free public college for future students and relieve the burden for existing borrowers.
Declining state appropriations for higher ed is responsible for more than three-quarters of tuition hikes between 2001 and 2011, the analysis found. Increased spending on administration and building projects accounts for only about 12 percent of the tuition increases over that time. During the recession, when many states scrambled to cope with shrinking coffers, lawmakers slashed spending on public universities. But appropriations haven't returned to prerecession figures despite an improving economy.
Millennials have an average credit score of 625 (based on the Experian VantageScore 3.0 credit score), compared to 650 for Generation X and 709 for those over 50 years old. They also use an average of 43 percent of their credit limits—compared to 34 percent nationally—and their average debt (excluding mortgages) totals 77 percent of their income, compared to 49 percent nationally.
Executive action on paid sick days for employees of federal contractors would be in keeping with Obama’s steps to raise workplace standards for contract employees.
Yesterday was the 50th anniversary of the Voting Rights Act, which has been both sword and shield for racial equity and inclusive democracy. And yet today, the right to vote for millions of Americans is in more danger than at any time since the passage of the law, thanks to the Supreme Court decision two years ago that struck down the most important part of the law and cleared the way for states to enact targeted voting restrictions.
Yesterday was the 50th anniversary of the Voting Rights Act, which has been both sword and shield for racial equity and inclusive democracy. And yet today, the right to vote for millions of Americans is in more danger than at any time since the passage of the law, thanks to the Supreme Court decision two years ago that struck down the most important part of the law and cleared the way for states to enact targeted voting restrictions.
The use of credit reports prevents people from getting jobs they are qualified for and "can have a discriminatory impact," Amy Traub, senior policy analyst at Demos, a left-leaning think tank said. "Our research shows credit reports don't provide information that is actually useful for employers, don't show who is going to be a trustworthy or reliable and does not prevent theft or fraud."
Yesterday, the Securities and Exchange Commission finally approved a rule mandating that public companies regularly reveal the compensation gap between their chief executives and the rest of their workforce. Once the first data points from the rule are available in 2018, they will provide workers, investors, and the public a real look at how corporations value an hour of their CEO’s time, versus a rank-and-file employee.
Today's very high threshold for default rates allows tons of colleges to mask poor student outcomes and doesn't take into account the difficulty students are having with repayment itself. But moving beyond the extreme scenario of student default — which means a borrower has been unable to pay their loan back for at least 9 months in the case of federal loans — is important to developing a more nuanced understanding of post-graduation hardship.
"I've interviewed lots of police officers about their lives on the force," Donovan X. Ramsey, a fellow at progressive think tank Demos, told Mic via email. "What's clear to me from those conversations is that, within cop culture, use of force is sometimes not taken seriously. One reason for this is because officers deal with pretty grim scenarios regularly. As a result, they can develop a gallows humor that shocks civilians — and for good reason."