Black families

Student Loan Debt Widens Racial Wealth Gap

With the freeze placed on student loan repayments set to end December 31, Biden has gotten behind the Democrat-led House’s HEROES Act, which calls on the federal government to pay off up to $10,000 in private, nonfederal student loans for economically distressed borrowers. “People having to make choices between paying their student loan and paying the rent … debt relief should be done immediately,” Biden stated during a news conference on Monday, November 16.

Wealth gap costs over last two decades: $2.7 trillion in Black income, $16 trillion to U.S. economy

“Yet even today, with all those credentials and as one of the leading executives on Wall Street,” wrote Raymond J. McGuire, Citi’s Vice Chairman and Chair of its Global Banking and Capital Markets, “I am still seen first as a six-foot-four, two-hundred-pound Black man wherever I go — even in my own neighborhood. I could have been George Floyd. And my wife and I are constantly aware that our children could have their innocence snatched away from them at any given moment, simply for the perceived threat of their skin color.”

Congressional Black Caucus Focuses on Economic Recovery of African Americans in COVID-19 Crisis

The first draft of the COVID-19 Senate stimulus bill focused money to bailout large corporations and the top one percent. But after days of negotiation that included President Trump big footing Senate Majority Leader Mitch McConnell, the legislation was changed to focus more on the needs of main street Americans.

Black Students Still Only a Rhetorical Priority

Public education continues to fail African American children with little public outcry and   those who do protest strongly are often ostracized by the education establishment. Meanwhile, as has been the case for at least the past fifty years, there are no effective, sustained protests of the pervasive miseducation of Black children.  This speaks volumes about Black leadership, in general, and educational leadership in particular.

Blacks Have a lot to Lose with Trump’s New Budget

President Donald Trump’s proposed budget, titled “America First: A Budget Blueprint to Make America Great Again,” targets a number of programs for severe cuts or outright elimination—programs that often help poor, working-class and Black families.

Rauner denies clemency for man after someone else confesses

Illinois Gov. Bruce Rauner rejected posthumous clemency for an Illinois man imprisoned for the stabbing of an elderly woman, even though a serial killer confessed to the crime more than a decade after the inmate died.
Grover Thompson died in 1996 while serving a 40-year sentence for the attempted 1981 murder of 72-year-old Ida White in Mount Vernon, Illinois.