To Bene’t Holmes, the White House Summit on Working Families was personal, not just another event designed by President Obama and his fellow Democrats to draw a policy or political contrast with Republicans this election year.
“I believed everything he said,” the 25-year-old single mom said of the president’s pitch.
Stymied by the partisan gridlock, President Obama’s recent directives to bar federal contractors from discriminating against gay employees and to cut carbon pollution are bold examples of how presidents have used their executive powers to address critical issues when Congress has failed to adopt much-needed legislation.
This week, President Obama ordered changes to the federal student loan program that could help millions of borrowers make their payments more affordable starting in December 2015.
Heather McGhee, president of Demos: When Sheryl Sandberg and Jill Abramson—women leading powerful institutions in male-dominated industries—ignite our most robust media conversations about gender equality, we feminists face a quandary. Of course feminists want women who are tantalizingly close to the top to break through, and of course we know that the paucity of women leading our institutions is a glaring symbol of enduring gender hierarchy. But women will not succeed in dismantling one hierarchy by climbing to the top of another.
President Obama is expected to announce an Executive Order that would extend the protections of Income-Based Repayment (or more specifically, Pay As You Earn) to student borrowers who took out loans before 2007 or stopped borrowing by 2011.
President Obama signed an executive order Monday that could extend student debt relief to an additional 5 million people — a move aimed in part at better educating young borrowers of their rights while jumpstarting a moribund debate on the issue in Congress.
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.
The media shouldn't be scaring students away from going to college, because the alternative of not going is worse. Unfortunately, our move to a debt-for-diploma system is doing a good enough job of that itself.
Put simply, how do we square that “college is worth it” from the increasing body of evidence that student debt is not necessarily good debt? The unsatisfying answer, of course, is that it depends.
College is the gateway to the middle class for most young people, but the price has never been higher. And a new study shows that New Jersey has actually exacerbated the student debt crisis by shifting the costs of college onto students and families.
According to the national think tank Demos, funding for higher education in New Jersey has dropped by 17 percent since 2006. That has forced every public college and university in the state to raise tuition and fees, far outpacing financial aid packages.
There is a tendency among elite opinion makers to believe that debt accrued while gaining a college degree is “good debt” that isn’t problematic because, as the thought goes, those with college degrees tend to make enough money to recoup their debt over a lifetime. Student debt is supposedly an equalizer—a way for students to gain access to credit in order to get a degree that will give them an equal chance to enter the middle class and achieve the American Dream.
WASHINGTON, DC – Citing a recent report which found an alarming 1000-to-1 pay disparity between fast food CEOs and their front line workers, Senator Menendez again called on Securities and Exchange Commission Chair Mary Jo White to finalize its rule requiring publicly traded companies to disclose the ratio between the compensation of their CEO and median worker, as directed by Section 953(b) of the Dodd-Frank “Wall Street Reform Act”.
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The Supreme Court’s ruling earlier this spring in McCutcheon v F.E.C., which increased the amount of money donors can contribute to political campaigns for federal office, has added new fuel to an 80-year-old debatebetween those who contend that the Supreme Court decides cases on the basis of abstract principles of law and those who argue
Sen. Elizabeth Warren introduced legislation on Tuesday to tackle the nation's over $1 trillion student loan crisis. "Exploding student loan debt is crushing young people and dragging down our economy," the Massachusetts Democrat said in a statement.