Tag: center for responsible lending
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Bill Seeks to Free Bank Consumers From High Costs
By Charlene Crowell Runaway prices for food, fuel and housing make most consumers anxious about whether they will have enough money for a given month. Even after adjusting spending to stretch dear dollars are far as possible, a lot of people remain perplexed about what else can be done to hold on in these hard ... -
Black Women’s Double Student Debt Whammy
By Charlene Crowell Twice as Likely to Owe More Than $50K, Have Decreased Savings In mid-June the Federal Reserve, nation’s central bank, raised interest rates in hopes of curbing rising inflation and deterring a full-blown recession. Chief among its responsibilities, the Fed’s duty is to develop “appropriate monetary policy”. For much of Black America, many ... -
Remembering Hon. Elijah Cummings & the Journey Still Ahead
By Charlene Crowell The nationally televised October 25 funeral services for the late Congressman Elijah E. Cummings, paused partisan debates and revealed how a son of Baltimore worked tirelessly for his constituents and for this nation. In the days since his home-going, I have marveled at how his life’s work somehow brought together officials who ... -
Student Debt Weighs Heaviest on Black America
By Charlene Crowell From its founding in 1909 to today, the National Association for the Advancement of Colored People (NAACP) has endured as a vital advocacy organization dedicated to freedom and justice for all. From July 20-24, the nation’s oldest and largest civil rights organization’s annual convention met for the 110th time in Detroit’s Cobo Hall. ... -
Studies Track High Costs of Discriminatory Housing
By Charlene Crowell In recent years, the spate of homicides linked to questionable uses of deadly weapons and/or force, have prompted many activist organizations to call for racial reparations. From Trayvon Martin’s death in Florida, to Michael Brown’s in Missouri, Eric Garner’s in New York and many other deaths — a chorus of calls for ... -
Unexpected For-Profit College Closures Come Before Christmas
By Charlene Crowell In the midst of holiday festivities, many people wrap themselves up warmly. After all, winter time is supposed to be cold. But this year, just a week before Christmas, there are people who were dealing with the aftermath of something far colder than the weather: college closures with no advance notice and ... -
For-profit College Students Share Sagas of Debt and Disillusionment
By Charlene Crowell College students today come in many ages and from many backgrounds. In addition to recent high school graduates, there are laid off workers who need updated skills, and single heads of household returning to school to better provide for their families. Veterans seeking to transition to civilian life are also seeking higher ...