Mark Huelsman, a senior policy analyst at Demos, the left-leaning public policy organization, said he understands why debt-burdened students might take the risk of losing money in cryptocurrency markets. “The risk inherent in higher education now is higher than it ever has been," he said.
While the payoff for a good education remains, the costs are increasingly being borne by families. Debt, he said, is now basically required in order to earn a college degree.
The Black Census Project is intended to “give us a better sense of who black people are, where we are, and what we hope and dream for,” says Alicia Garza who also helped start the Black Lives Matter movement.
While no law prevents outside donors, for example, from investing in the campaign of a low-income person, the likelihood that they’ll do so is low. The problem is social capital: Low-income people lack it, and so their personal networks do not often contain millionaires with open pocketbooks.
Six years ago today, on April 25, 2012, activists took to the streets to mark the country’s outstanding student-loan debt surpassing $1 trillion. And in the years since, many of the trends that pushed student debt levels to climb have persisted and in some cases gotten worse.
Between March 2017 and March 2018, union members’ approval of Trump fell 15 points, to 47 percent. In more than two dozen interviews with union members, many blasted Trump’s tax cut, arguing most of the benefits will flow to corporations and wealthy people. [...]
"The biggest issue facing police today is a crisis of public confidence. We have seen examples of racial discrimination, viral videos documenting misconduct, and widespread protest against incidents of police violence and the lack of accountability. Officers themselves report that it's a difficult time to be in law enforcement."
Accumulating student loan debt has become a typical part of higher education for students. As of March 2018, nearly 44 million Americans owed over $1.48 trillion in student loan debt, a number expected to grow as tuition rates outpace inflation and wage growth. Few people experience the hardships of student loan debt more than students of color. Approximately 77.7% of all black students use federal student loans to pay for their education. That group also has the highest loan default rates and lowest graduation rates among college students.
The ability of college graduates to pay student loans isn’t simply a matter of earnings. It also reflects wealth — and differences that persist in wealth among racial and ethnic groups.
But according to our in-depth analysis of data from Demos and NCES, black and Hispanic students are paying more when it comes to student loans than white students.
Torpey’s show, “Paid Off,” which premieres July 10 on TruTV, is just the latest evidence that student debt is now “part of the popular zeitgeist,” said Mark Huelsman, a senior policy analyst at Demos, a left-leaning think tank. “This is a problem that a lot of people can relate to,” he said.
Considering who “deserves” an affordable education obscures an important truth: higher education serves of all us. According to a report by the left-leaning think tank Demos earlier this year, “There is a persistent link between public spending on colleges and higher tax revenue, lower public assistance spending, greater health outcomes, and lower crime rates.” [...]
Chiraag Bains, Director of Legal Strategies for Demos
“Do you believe that the Constitution requires that we allow corporations and wealthy individuals the unfettered ability to translate their economic might into political power through campaign contributions and expenditures—even if it drowns out the voices of working-class Americans and erects barriers to candidates of color who lack access to big money and the mostly white donor class?”
The two researchers focused specifically on inheritances among families where at least one parent has a college degree. They looked at families like this in order to test the notion that higher education is some great equalizer. [...]
The Supreme Court’s Citizens United decision has made it even more difficult for minorities to affect politics with money, said Adam Lioz, political director for the left-leaning advocacy group Demos.
Just in time for midterm election season, Democrats in the House of Representatives on Tuesday released details of a comprehensive higher education bill they say will ensure every student has the chance to get a postsecondary education without debt. [...]
With rising tuition costs outpacing inflation and wage growth, many students are struggling to afford college. In fact, about 44 million Americans owe over $1.48 trillion in student loan debt.
But the poll released this week suggests the debate is going on separately from how Americans experience student debt, said Mark Huelsman, a senior policy analyst at Demos, a left-leaning think tank. And indeed, there are many reasons why voters may be feeling anxious over student debt.
Several policy organizations have urged that institutions be held more accountable for the success of their students who get Pell Grants. [...]
Many who do enroll end up worse off than they started out, struggling to repay loans they took out to pay for educations they never finished; Pell recipients are nearly twice as likely as other students to borrow, the public-policy organization Demos says.