August 2022         
Today's Date: October 6, 2022
Poll: Over Half of Voters of Color Oppose Government Negotiation of Drug Prices Once They Learn About Consequences for Patients   •   THE LANGUAGE CONSERVANCY AND LAKOTA LANGUAGE CONSORTIUM MOURN THE LOSS OF OUR FRIEND, KEVIN LOCKE, ACCLAIMED LANGUAGE CHAMPION,   •   Poet, Essayist Aimee Nezhukumatathil Inspires FHU Students to Discover the Wonders of the World   •   Mogul Launches Nationwide Campaign Called “Build Better Boards” to Champion More Diverse Boards   •   “What I Want to Know with Kevin P. Chavous” Podcast Launches Third Season in Search of Answers to Education’s   •   Nation's Foremost Women of Color and Capital Conference Returns In-Person to NYC October 13-15, 2022 for 4th Annual Conference   •   PHYSICAL AND HEALTH EDUCATION CANADA LAUNCHES $2M SCHOOL SPORT AND PHYSICAL ACTIVITY GRANT PROGRAM   •   Mogul Launches Nationwide Campaign Called “Build Better Boards” to Champion More Diverse Boards   •   New Data Show More Than 2.5 Million U.S. Youth Currently Use E-Cigarettes   •   Boys & Girls Clubs of America Announces $30 Million Gift from Lilly Endowment Inc. to Strengthen Work with Youth Across Indi   •   Greenwood and Travis Hunter Sign NIL Deal and Partner to Launch the “Choose Black” Campaign   •   LIBERTY Dental Plan of New York Awards 12 Scholarships in Partnership with PENCIL   •   Test Release special characters in the headline © ® ™ é ñ ü ç î ò   •   Test Release special characters in the headline © ® ™ é ñ ü ç î ò   •   From heart failure to heartfelt success IEHP Program Sustains Life for I.E. Woman   •   Greenwood and Travis Hunter Sign NIL Deal and Partner to Launch the “Choose Black” Campaign   •   2022 survey shows youth e-cigarette epidemic remains a serious public health threat   •   IONE BAND OF MIWOK INDIANS PARTNERS WITH WARNER GAMING FOR DEVELOPMENT PROJECT IN PLYMOUTH, CALIFORNIA   •   LIBERTY Dental Plan of New York Awards 12 Scholarships in Partnership with PENCIL   •   BCTCares Foundation's "Pack The 'Pack" Program Raises $56,000 To Fund Local Backpack Charities

Notice: Undefined index: currentSection in /home/blackradionetwork/public_html/page.php on line 176
Bookmark and Share

Affordable Education Under Fire

WASHINGTON  – Young Invincibles has released a report, “Economy Hammers Already Vulnerable Young Adults”, as Congress debates whether to maintain the American Opportunity Tax Credit (AOTC) and provide funding to avoid a shortfall for the Pell Grant Program.

 

The report shows how dire the economy is for young Americans while also highlighting the need to protect one of the few mechanisms for creating jobs – higher education. According to the report, a staggering 18 percent of 16 to 24 year-olds are unemployed.

 

Young men and minorities have been the hardest hit, the report says. Over 51 percent of young black men ages 16 to 19 who are looking for a job cannot find one. If Congress does not act during the 2010 lame-duck session, these supports will be cut, meaning fewer young adults will gain the education and skills they need to succeed in the modern economy.

 

Workers with college degrees had the lowest rates of unemployment over the past three years – about half the rate of the rest of the population. Yet the level of education and training of America’s current workforce do not match the type of new jobs that will be created over the next decade. According to a recent study from The Georgetown University Center on Education and the Workforce, at current graduation rates, the American economy will still be 3 million postsecondary degrees short over the next decade.

 

AOTC improved upon the prior educational tax credit (the “Hope and American Opportunity Credits”) by expanding the maximum credit to $2,500, making it 40 percent refundable, and expanding the number of years and income range of those who qualify for the full benefit. About 12.5 million young adults and families received the credit last year, but this program is set to expire at the end of 2010.

 

In addition, Pell grants, aid relied upon by low-income students attending college, face a shortfall of $5.7 billion for the 2011-12 academic year. Without additional funding, nearly 9 million students would face a 15 percent cut in their funding level.

 

“The unemployment rate for our generation is staggering,” says Aaron Smith, Executive Director of Young Invincibles. “One of the most immediate and direct ways that the jobs situation can be addressed is through aggressive support of tax credits and grants that improve educational opportunity,” continues Smith. “However, if Congress does not act now, the cuts to student funding for the 2011-12 will be devastating.”


STORY TAGS: BLACK, AFRICAN AMERICAN, MINORITY, CIVIL RIGHTS, DISCRIMINATION, RACISM, , RACIAL EQUALITY, BIAS, EQUALITY

Video

White House Live Stream
LIVE VIDEO EVERY SATURDAY
alsharpton Rev. Al Sharpton
9 to 11 am EST
jjackson Rev. Jesse Jackson
10 to noon CST


Video

LIVE BROADCASTS
Sounds Make the News ®
WAOK-Urban
Atlanta - WAOK-Urban
KPFA-Progressive
Berkley / San Francisco - KPFA-Progressive
WVON-Urban
Chicago - WVON-Urban
KJLH - Urban
Los Angeles - KJLH - Urban
WKDM-Mandarin Chinese
New York - WKDM-Mandarin Chinese
WADO-Spanish
New York - WADO-Spanish
WBAI - Progressive
New York - WBAI - Progressive
WOL-Urban
Washington - WOL-Urban

Listen to United Natiosns News