by Charlene Crowell
When this year's student debt burden surpassed the $1 trillion mark, it became even larger than the amount of debt held on credit cards. New findings now conclude that heavy student loan debt delays the ability of young graduates to buy a home and in the worst scenarios, strips Social Security benefits and even disability income also known as Supplemental Security Income.
There has been a 46 percent increase in average debt held at graduation from 2000 to 2010.
In 2008, then-congressman and former Obama law-school classmate Artur Davis was one of a handful of black Democratic rising stars, including Newark Mayor Cory Booker, California elected official Kamala Harris and others, credited with ushering in an Obama-era of post civil rights generation political leaders. Since then Davis had his rise up the political ladder abruptly halted by a bruising primary loss in the Alabama governor's race. Earlier this yea,r he officially left the party he had once represented in Congress and became a registered Republican. Davis addreseds the Republican National Convention on Tuesday. In a candid conversation with The Root, Davis addressed his critics and his political conversion.
Let me tell you about the America I know. My parents immigrated to the U.S. with ten dollars in their pocket, believing that the America they had heard about really did exist. When times got tough they didn't look to Washington, they looked within.
So the America I came to know was centered in personal responsibility and filled with the American dream.
by Nadra Kareem Nittle
NNPA News Service
Long before a little-known Illinois politician ran for president, the mainstream media focused on his race. When he flourished as a presidential candidate four years ago, everyone in America knew that Barack Obama was black.
Have his blackness and extensive coverage of that fact boosted his political career or made it more difficult for him to win re-election?
by J. Coyden Palmer
CHICAGO – Three weeks after the Nation of Islam sent dozens of men into some of the city's most dangerous neighborhoods to help quell violence, the reaction to their presence has been mixed from organizations that have been on the front lines of fighting crime in Chicago for years.
Organizations such as Ceasefire and longtime independent community activist Andrew Holmes welcome the NOI presence. But other organizations, such as the Willie Williams Youth Foundation, and dozens of residents were not impressed.
Disturbing images of gun-toting police firing point blank at striking miners shocked South Africans and others around the world. Thirty-four workers fell dead in the melee – the worst case of post-apartheid state-sponsored violence since 1994.
The Marikana massacre, named after the UK-based Lonmin platinum mining complex, was denounced by labor leaders, including U.S. labor chief Richard Trumka.
We have finally reached the point of no return. The fact that NBA mega-star LeBron James and Nike have even proposed that we spend $300 on a pair of tennis shoes has revealed that much.
It's as if there is a conversation going on behind closed doors that has nothing to do with the reality of our world. Or, does it?
Can we truly blame James – the larger than life superstar of the NBA Champions Miami Heat – for trying to capitalize on our lack of financial education?