A group of congressional Democrats introduced a resolution on Tuesday seeking to ensure that students who attend public colleges and universities can graduate without debt.
Several top congressional Democrats will embrace on Tuesday a loose plan to make public colleges a debt-free proposition—and will receive an immediate boost from progressive activists who are hoping to shape the 2016 Democratic agenda.
The rationale behind the ban is simple: it’s unfair and useless to use a person’s credit history, which is often inaccurate or misleading, when assessing their job qualifications.
"You are in a Catch-22," said Emmanuel Caicedo, a senior campaign strategist with Demos, one member of a coalition of 79 labor and civil rights organizations that formed the NYC Coalition to Stop Credit Checks in Employment.
"You can't pay your bills and so your credit is bad. And then you can't get a job to pay your bills because of your credit."
Middle class income stagnation, and the inequality that it causes, is the principal economic challenge for the nation — and finance is to blame for it.
Late Tuesday, news broke that yet another unarmed American, a black man named Walter Scott, was killed by a white police officer. As with Tamir Rice, Eric Garner, and Rodney King nearly 25 years ago, the brutality was captured on video for the world to see. The New York Times put the damning evidence at the very top of its homepage and it quickly spread throughout social media networks provoking outrage, disgust, horror, grief. These reactions have come most vocally from black Americans.
Black Twitter is a force. It’s also not particularly well understood by those who aren’t a part of it. The term is used to describe a large network of black Twitter users and their loosely coordinated interactions, many of which accumulate into trending topics due to the network’s size, interconnectedness, and unique activity.
In an op-ed in the New York Times over the weekend, University of Colorado law professor Paul F. Campos offered a provocative answer to the frequently asked question: why is college so expensive these days?
A recent report titled “The Racial Wealth Gap” examined, in conjunction with other factors, the role education plays in the persistent wealth gap between minorities and their White counterparts in this country.
Protesters are angry that the Oak Brook, Ill., company won't improve wages for employees at franchises, which make up 90% of McDonald's roughly 14,000 U.S. stores. Even for the 90,000 workers at company-owned stores who will see their paychecks increase to at least $1 above local hourly minimum wages starting July 1, the concession is too small.
On Thursday, a day on which many New Yorkers were squinting in what seemed like the first full sunlight in months, New York Mayor de Blasio announced at Gracie Mansion that he, along with a number of other leading progressives, was putting forward a vision for how to address income inequality. Speaking first, de Blasio said that the group had come together to formulate a template for how best to conquer income inequality, which, he said, is worse today than it was at the height of the Great Depression.
Life happens. We have children to support. We lose jobs. Marriages fall apart. By the time we near our ‘Golden Years’ the nest-egg we may have envisioned may be a lot smaller than we thought and in many cases, not there at all due to heavy debt loads.