Income Inequality: Difference between revisions
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[https://www.aclu.org/news/racial-justice/student-debt-is-a-racial-justice-issue-heres-what-president-biden-can-do-to-help by Rakim Brooks 30/3/21 ACLU] | [https://www.aclu.org/news/racial-justice/student-debt-is-a-racial-justice-issue-heres-what-president-biden-can-do-to-help by Rakim Brooks 30/3/21 ACLU] | ||
Higher education has long been held as a critical gateway to getting a job and achieving economic stability and mobility. But because of long-standing systemic racial discrimination, Black families have far less wealth to draw on to pay for college, creating barriers for Black communities to access higher education and build wealth. Black families are more likely to borrow, to borrow more, and to have trouble in repayment. Two decades after taking out their student loans, the median Black borrower still owes 95 percent of their debt, whereas the median white borrower has paid off 94 percent of their debt. | Higher education has long been held as a critical gateway to getting a job and achieving economic stability and mobility. But because of long-standing systemic racial discrimination, Black families have far less wealth to draw on to pay for college, creating barriers for Black communities to access higher education and build wealth. Black families are more likely to borrow, to borrow more, and to have trouble in repayment. Two decades after taking out their student loans, the median Black borrower still owes 95 percent of their debt, whereas the median white borrower has paid off 94 percent of their debt. | ||
=====Less Work, More Time===== | |||
[https://www.dissentmagazine.org/online_articles/less-work-more-time-universal-basic-income-feminist-utopia/ by Madeleine Schwartz 25/9/15 DISSENT] | |||
Neither option on its own is desirable; together, they are unbearable. Life shouldn’t be reduced to a balance between waged work and housework, a balance between work and work. Instead, if we are concerned about fixing the “time bind,” we should do the unimaginable: ask for more time. | |||
