There was some very exciting news coming out of Germany this week, when the country announced that it is scrapping tuition and fees for its universities. Organizing is widely credited with building the public will and political momentum for free college. In fact, Dorothee Stapelfeldt, of the Hamburg Parliament, told reporters this week, “Tuition feesContinue reading “If Germany Can be Tuition Free, Why Not Us?”
Category Archives: Jason Collette
Bank of America Settlement Could Fund Principal Reduction Programs
It has taken six years and dozens of lawsuits and settlements after the largest housing collapse since the Great Depression – and finally we may have a way to set up and implement local principal reduction programs in cities across the country. September has brought us what is expected to be the last of theContinue reading “Bank of America Settlement Could Fund Principal Reduction Programs”
Starbucks’ Free College Gimmick Clouds the Real Problem
As we’ve reported here and here, the state of higher education in this country has reached a crisis. The cost of tuition has risen substantially faster than any other good or service over the past 40 years. There are many that are calling the student debt crisis the next financial bubble. Under the Starbucks plan,Continue reading “Starbucks’ Free College Gimmick Clouds the Real Problem”
Sallie Mae Slap on the Wrist Doesn’t Go Far Enough
This week the Department of Justice levied a $97 million fine against the student debt servicing giant Sallie Mae. The findings of the DOJ’s long investigation revealed a host of bad practices and illegal behaviors at the company, including overcharging on nearly all military service members’ loans, and mishandling borrowers’ payments to maximize late feesContinue reading “Sallie Mae Slap on the Wrist Doesn’t Go Far Enough”
‘Homeowners Bill of Rights’ Helps Fight Foreclosure in Colorado
After three years of persistent and tireless work by Colorado Progressive Coalition members, the Colorado legislature this month finally passed meaningful protections for homeowners at risk of losing their homes. For years horror stories have abounded in the press of banks that lost paperwork, homeowners never speaking to the same person twice, promises of aContinue reading “‘Homeowners Bill of Rights’ Helps Fight Foreclosure in Colorado”
Progressive Cities Can Offer a Helping Hand to Families Facing Foreclosure
Foreclosures and high numbers of underwater homes aren’t making headlines around the country the way they were a couple of years ago, but that doesn’t mean the housing market is back on solid footing – or that people are no longer suffering. Thousands of families in Seattle are still dealing with the traumatic repercussions ofContinue reading “Progressive Cities Can Offer a Helping Hand to Families Facing Foreclosure”
Student Debt Threatens the Future for Everyone
A college degree was once an investment in the future, a path to a good job, a home, car, vacation and money set aside to retire some day. But that college education has for many, become a ball and chain limiting future growth. Unless we begin to address this debt issue we will continue toContinue reading “Student Debt Threatens the Future for Everyone”
Families and Our Future Sinking in a Sea of Student Debt
This is the first in a three-part series by the Alliance for a Just Society, looking at the high cost of student debt for our country and for our future. Young college graduates are putting their futures on hold as they struggle under the burden of high student debt – and a weak economic recoveryContinue reading “Families and Our Future Sinking in a Sea of Student Debt”
Butte Jury Holds Bankers Accountable With $52 Million Verdict
By Sheena Rice Montana Organizing Project It’s no longer shocking to read news articles about the scandalous behavior of big banks. Readers roll their eyes when they see JPMorgan’s CEO being awarded a total pay of $20 million the same year the bank made repeated headlines for being fined millions of dollars and incurring lossesContinue reading “Butte Jury Holds Bankers Accountable With $52 Million Verdict”
Changes in Rules Mean Big Wins for the Alliance
Conservative intransigence — on issues as wide-ranging as appointing a permanent nominee for the Federal Housing and Finance Authority (FHFA) to implementing key components of the Dodd Frank Financial Reform law — prompted Sen. Harry Reid and Senate Democrats to change the Senate rules around cloture. Previously requiring a threshold of 60 to proceed withContinue reading “Changes in Rules Mean Big Wins for the Alliance”