• 378
    0

    20 years of repayments leave Black borrowers still owing 95%  By Charlene Crowell Although the year 2020 has been dominated by continuing news coverage of the COVID-19 pandemic’s rising death toll that has now claimed the lives of nearly 300,000 Americans, it is not the only challenge facing the nation. Amid rising unemployment and food ...
  • 454
    0

    By Stacy M. Brown NNPA Newswire Sr Nat’l Correspondent President-elect Joe Biden wants to immediately erase student loan debt, a move that could prove more meaningful for African American students who, on average, owe much more than anyone. With the freeze placed on student loan repayments set to end December 31, Biden has gotten behind ...
  • 1081
    0

    By Stacy M. Brown NNPA Newswire Senior Correspondent African Americans were more likely to be unemployed than Americans overall in 2018 than they were in 2013, according to a new study that details the economic and financial progress African Americans have made over five years. Researchers at Lending Tree, the popular website that connects borrowers with ...
  • 1466
    0

    by Barbara Smith The LA County Fair is celebrating decades of pop culture and nowhere will it be more in evidence than this weekend with the CEEM Takeover Weekend, an event that promises 3 days packed with African-American community and history through entertainment, art and culture. With the Fair’s 2019 theme of Pop Culture, the Cooperative ...
  • 2321
    0

    By Charlene Crowell Anyone who struggles with the rising costs of living knows all too well how hard it is to try stretching dollars when there’s more month than money in the household. Predatory lending, like payday and car-title loans, worsen financial stress with triple-digit interest rates that deepen the debt owed with each renewal. ...
  • 9445
    0

    By Charlene Crowell The annual season of college commencements have a unique way of bringing together multiple generations of families in celebration. For the 135th graduating class of Atlanta’s Morehouse College, commencement marked another event that was as unexpected as it was generous. Robert F. Smith, the event’s speaker who is also Chairman and CEO of ...
  • 3025
    0

    By Julianne Malveaux The April unemployment rate, at 3.6 percent, is at its lowest rate since December 1969. Payroll employment increased by more than 250,000, outperforming expectations and reversing the disappointing job creation numbers of last month. First quarter growth was reported at 3.2 percent, a robust figure that exceeds estimates, earlier this year, that ...
  • 5173
    0

    By Charlene Crowell Black families have a dime for every dollar held by Whites If you’re like me, every time you hear a news reporter or anchor talk about how great the nation’s economy is, you wonder what world they are living in. Certainly these journalists are not referring to the ongoing struggle to make ...
  • 2430
    0

    By Charlene Crowell In the classic movie film, “Gone with the Wind,” the owner of the Tara plantation admonished his daughter for remarking that she didn’t care about her home. In a sharp rebuke, Gerald O-Hara declared that “land was the only thing worth living for, worth fighting for…worth dying for.” For the fictional O’Hara ...