Category: Economic Justice
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Coloradans launch 2026 ballot push for graduated state income tax
New ballot measure proposals would cut taxes for 98 percent of Coloradans, raise revenue to address budget crisis FOR IMMEDIATE RELEASE DENVER, CO — The Protect Colorado’s Future coalition today announced plans to put a graduated income tax on the 2026 ballot. This proposal would lower taxes for 98 percent of Coloradans, while raising taxes…
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SURVEY RESULTS: 96% of Young People Want the Wealthy to Pay Their Fair Share
Young Coloradans are ready to make the wealthy pay their fair share. With billions of dollars in budget cuts at the federal and state levels, there is no better time than now to stand up and advocate for where we spend our money. We have the power to insulate Colorado from the impending harm, and…
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WTF is this Special Session?
We called it! Well, pretty much everyone called it. Colorado is having a special legislative session to balance its checkbook to make up for Trump’s budget cuts. Don’t ask questions if you see me pulling my hair out. These cuts put states on the line for paying AND/OR cutting programs the federal government won’t fund.…
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Where do Denver’s Runoff Mayoral Candidates Stand on Youth Agenda Issues?
By Molly Stawinoga, Communications Coordinator Ahead of the June 6 runoff election for Denver’s mayor, we found ourselves gripped by a (silly yet strategic) idea: What if we asked candidates Mike Johnston and Kelly Brough increasingly spicy questions as they munched on increasingly spicy hot wings? In “Hot Ones” fashion, we put their tastebuds and…
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STATEMENT: Bill to ban transcript and diploma withholding clears Senate Education Committee
Colorado is one step closer to becoming the fourth state to ban the widespread debt collection practice of withholding student transcripts and diplomas for overdue fees DENVER, CO — Every year, thousands of Coloradans are unable to access their transcripts or diplomas as a result of overdue fees, including even nominal amounts. That could soon change…
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How to navigate student debt during the COVID-19 pandemic
Last Updated: December 11, 2020 Right now, over 761,000 Coloradans are working to pay back over $27.7 billion in student loan debt, and this burden is especially high for rural Coloradans and communities of color. The student debt crisis requires long-term solutions and we know that the COVID-19 pandemic has only exacerbated the impacts that…
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Advocates Cheer Passage of Student Debt Reform Bill
Denver— This afternoon, the Colorado legislature gave the final thumbs up to Senator Faith Winter’s SB19-002, a bill that will bring oversight of student loan servicers in line with other consumer loan providers in the state. Among licensing requirements and establishing prohibited actions for student loan servicers operating in Colorado, the bill will add a…
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New Analysis: 730,000+ Coloradans Suffer Under Historic Levels of Student Debt
As the Legislative Session Begins, Student Loan Borrowers of All Ages in Colorado Now Owe More Than $26 Billion in Student Debt WASHINGTON, D.C. – Today, the Student Borrower Protection Center (SBPC) and New Era Colorado released new analysis demonstrating the scale of the student debt crisis in Colorado. A new analysis of government data…
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STATEMENT: Resignation of Top Student Loan Watchdog
WASHINGTON— Seth Frotman, the Student Loan Ombudsman at the Consumer FInancial Protection Bureau tasked with overseeing the student loan market, resigned this morning. In a scathing resignation letter to Acting Director Mick Mulvaney, Frotman states that the current administration has “has turned its back on young people and their financial futures,” and “abandoned the very consumers…