America’s richest family contributes almost none of their personal wealth to the family’s charity, according to a new report by the Walmart 1 Percent. The Waltons are the wealthiest family in the United States and control a majority of shares in Walmart. Six members of the family are among the 85 wealthiest individuals… Read More»
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Wall Street continues to eye higher education investments as a new way to increase their bottom line. As college costs increase and students go further into debt, Wall Street has made a killing on profits from higher education spending while students and taxpayers foot the bill. Below are some shocking… Read More»
This is awesome: The city of Portland is beginning its “rollback” of its investments in Walmart. Said a city commissioner: “I’m hopeful other cities and states take note and adopt similar investment principles to hold companies accountable and align our investment policies with our values.” Learn more: http://bit.ly/1oTWRNu
Earlier today, federal regulators ordered Sallie Mae to pay $96.6 million in penalties and restitution to student loan borrowers harmed by the company’s lending practices. Sallie Mae agreed to settlements with both the U.S. Department of Justice (USDOJ) and the Federal Deposit Insurance Corp (FDIC) for violations of the following… Read More»
Across the country, cities and states are organizing paid leave campaigns as part of a broader initiative to improve job quality and protect the growing number of workers who face losing their job when they need to take time off to care for a family member. In Colorado in particular,… Read More»
Chanel Carroll’s video, “Tuition,” a parody of Beyoncé’s “Partition,” struck a nerve with students and borrowers. With over 100,000 views, the video became an overnight sensation for shedding some comedic light on the serious issue of the student debt crisis. Her message of “Pay off … My loans please …… Read More»
In early April, a federal judge ruled that law enforcement in Clackamas County, Oregon, had violated the U.S. Constitution by enforcing the request from federal Immigration and Customs Enforcement (ICE) to hold an individual in jail without probable cause. Following the ruling, dozens of sheriff’s offices across the state announced… Read More»