A new crop of startups aims to out-compete predatory payday lenders.
financial services
Posted inEducation, Higher Education
Free Community College in Boston? Not Quite
Boston Mayor Marty Walsh has been pushing his new plan to make two years of community college free for some Boston Public School graduates. But few students will be eligible for the program.
Posted inEducation, Higher Education
Which Colleges’ Students Use Income-Driven Repayment Plans? We Don’t Know
The Obama Administration has made expanding access to income-driven repayment (IDR) plans for federal student loans a key part of its higher education policy agenda. The U.S. Department of Education now offers four different IDR plans, all of which allow former students to tie their payments to their income instead of the traditional system of […]
Posted inEconomy, Magazine, March/April/May 2016, The Monopolized Economy
Redlining from Afar: How Consolidation Killed Off St. Louis’s Exemplary Minority Lender
Just after Thanksgiving in 1996, a group of 146 St. Louisans, mainly from the black business community, boarded a chartered TWA jetliner and flew to New York City. Their goal? To block the takeover of their hometown Boatmen’s Bank by shutting down the New York Stock Exchange. Led by the St. Louis lawyer Eric Vickers, […]
Posted inEconomy
Hillary Versus Bernie on Financial Reform: The Pragmatist Versus the Radical?
Despite equally fiery rhetoric, the Democratic candidates offer vastly differing visions for regulating Wall Street.
Posted inBooks, Economy, Government, Magazine, November/December 2015, Politics
Federal Reserved
With a still-weak economy seven years after the 2008 crisis, it’s worth thinking about whether we might be stuck with a twentieth-century central bank in a twenty-first-century world.
Posted inGovernment, Republic 3.0
Ending “Banking Deserts” in Texas
“Banking development districts” and “savings lotteries” could help more Texans open and use bank accounts.
Posted inEconomy
Financial Volatility is the New Normal for Most American Households
New research finds most Americans are unprepared to weather a financial crisis.
Posted inEconomy, Magazine, November/December 2014
Frenzied Financialization
Shrinking the financial sector will make us all richer.
Posted inEconomy, Law and Justice, Magazine, November/December 2014
Can We Please Put Some Bankers in Jail Now?
With Eric Holder leaving the Justice Department, Washington has a chance to get serious about prosecuting financial crimes. But what exactly has been the holdup?
