Young Invincibles Supports Pell Grant Eligibility for Incarcerated Adults

FOR IMMEDIATE RELEASE:
July 31, 2015

Contact: Sarah Schultz, sarah.schultz@younginvincibles.org, 202.734.6510

Young Invincibles Supports Pell Grant Eligibility for Incarcerated Adults

Today, the Education Department and Justice Department announced a new pilot program to extend Pell Grant eligibility to incarcerated adults. Jennifer Wang, Policy Director of Young Invincibles, issued the following statement:

“This is a common sense idea that will offer incarcerated young people an opportunity to afford an education and find a quality job. Young adults in the justice system already face major barriers trying to get back on track. Roughly two-thirds of incarcerated people live below the poverty line and many struggle to build job skills. Skyrocketing college costs push educational opportunities even further from reach. Pell Grants will provide access to crucial education and training, which can reduce unemployment, poverty, and ultimately lead to lower rates of incarceration and recidivism.

Young adults account for more than a quarter of the 10 million individuals involved with the prison system each year. Already facing harsher economic conditions than previous generations, and with much of their lives still ahead of them, incarcerated young adults working hard to get back on their feet deserve the chance for a quality education and a better life.”

Share Button

Young Invincibles Salutes Introduction of Legislation That Would Ensure Legal Protections for Unpaid Interns

FOR IMMEDIATE RELEASE:
July 29, 2015

Contact: Sarah Schultz, sarah.schultz@younginvincibles.org, 202.734.6510

Young Invincibles Salutes Introduction of Legislation That Would Ensure Legal Protections for Unpaid Interns

[WASHINGTON]–Yesterday, three bills have been introduced to ensure that unpaid interns are protected from workplace discrimination and harassment. The legislation, offered by ranking members Reps. Elijah Cummings (D-MD), Bobby Scott (D-VA), and Grace Meng (D-NY), extend federal workplace protections against discrimination and sexual harassment to unpaid interns in the public and private sectors, as well as those working in Congress. The bills (HR 3231; 3232; 3233) address glaring loopholes in existing federal and state labor laws, which fail to provide protections to unpaid interns because they have not been considered “employees” under the law.

 
“These proposals are crucial for ensuring that interns receive basic workplace protections” said Jennifer Wang, Policy Director of Young Invincibles. “Relevant work experience and job training are essential tools for building a better future. Young workers’ ability to gain marketable skills is dependent on access to safe and fair workplaces, including in their internships.”
Share Button

Young Invincibles Releases New Report on Illinois Racial Inequality in Employment, Wages, and Higher Education Attainment

FOR IMMEDIATE RELEASE:

July 22, 2015

Contact: Sarah Schultz , sarah.schultz@younginvincibles.org 202 734 6510

YOUNG INVINCIBLES RELEASES NEW REPORT ON ILLINOIS RACIAL INEQUALITY IN EMPLOYMENT, WAGES AND HIGHER EDUCATION ATTAINMENT

[CHICAGO]  – Today, Young Invincibles released the Illinois edition of its recent national report, Closing the Race Gap, which examines employment and wage disparities among Illinois Millennials and how the state’s racial divide in higher education attainment is impacting job prospects for young adults.

The Illinois report finds that compared to their white peers, young black adults face an unemployment rate nearly three times as high, and young Latino adults face a rate about twice as high. These statewide racial disparities in unemployment are more severe than they are nationwide.

The report also finds that no matter what level of degree they hold, young white Illinoisans have a better chance of getting a job than their black peers.  On average young black adults in Illinois need to attain two additional levels of education to have the same chance of landing a job as their white peers. For example, a white young man with a high school diploma is more than twice as likely to get a job as his black peer with the same degree.

In looking at higher education attainment rates, young white adults in Illinois are nearly twice as likely as their black peers to complete four year college programs in six years, the average completion window for Bachelor’s degree graduates today. This is particularly striking when considering the value each level of education has on increasing job prospects.

For those young black Illinoisans who are able to find work, they’re not earning wages comparable to their white peers. The average young white Illinoisans’ wages are 50 percent higher than the average young black Illinoisans’ wages.

“Creating more opportunities for people of color to attain higher education is a critical step towards addressing the striking disparities in employment and wages in Illinois and nationwide,” said Eve Rips, Midwest Director at Young Invincibles. “With Illinois students paying some of highest tuition in the country, proposed cuts to higher education could further fuel racial disparities in education attainment.”

The report details a series of policy recommendations that the Illinois legislature should adopt to address these racial disparities and boost higher education attainment. Recommendations include reevaluating the process for selecting MAP grant (the state’s financial aid) recipients by financial need rather than the current first-come, first served basis; making more information about college outcomes accessible to students including, for example, job placement rates or median incomes; and strengthening resources for students to transition from community colleges to 4-year degree programs or the workforce.

Below is a chart demonstrating the gap that persists in education attainment among white young adults, black young adults and Latino young adults in Illinois:

Screen Shot 2015-07-21 at 2.16.22 PM

Please be in touch with any questions.

*****

Share Button

New Comment for CFPB Recommends Ways to Improve Student Borrower-Servicer Relations


FOR IMMEDIATE RELEASE

July 14, 2015

Contacts:
Sarah Lovenheim, sarah.lovenheim@younginvincibles.org
Sarah Schultz, sarah.schultz@younginvincibles.org

(Washington) — The Consumer Financial Protection Bureau (CFPB), the U.S. Department of Education, and the U.S. Department of the Treasury are jointly working to identify initiatives to strengthen student loan servicing. Yesterday, the CFPB closed its request for public comment on the critical role of student loan servicers. Please find a statement by our legislative affairs analyst, Reid Setzer, that speaks to our public comment (attached):

“We’re glad to see the CFPB take a step to explore the challenges facing student loan borrower relations with servicers. As part of the public comment period that ended yesterday, we recommended that the CFPB consider implementing new servicing protections for borrowers and urged it to seize this moment to address major problems in the student loan servicing market, from communications to the handling of loan transfers. Ultimately, creating effective loan servicing standards can improve the repayment process for nearly 40 million student borrowers.”

Please be in touch to speak with one of our policy experts.

*****

Share Button

Racial Disparities in the Unemployment Rate Widen Among Millennials, While Economy Adds Jobs


FOR IMMEDIATE RELEASE

July 2, 2015

Contact: Sarah Lovenheim, sarah.lovenheim@younginvincibles.org

[WASHINGTON] – While the economy added 223,000 jobs last month, the national unemployment rate dropped from 5.5 percent in May to 5.3 percent in June. However, there may be seasonal effects underway, as summer can mark a period of labor force transition.

The unemployment rate for 18- to 34-year-olds dipped slightly, from 7.8 percent in May to 7.7 percent in June, yet racial disparities in the job market widened. The unemployment rate for young black adults jumped from 14.6 percent in May to 15.4 percent in June.

june 2015 jobs numbers

The unemployment rate for young black adults remains disproportionately high.

A Young Invincibles report finds lawmakers can work to narrow racial disparities that persist in the job market by making college more accessible and affordable. Boosting investment in the Pell Grant, for example, could go a long way toward tackling disparities that persist in the economy.

Here are more details on how different populations of young people fared in June 2015:

- The unemployment rate for black/African American young adults ages 18 to 34 is 15.4 percent (not seasonally adjusted) in June, up from 14.6 percent in May.

- The unemployment rate for Hispanic/Latino young adults ages 18 to 34 is 9.3 percent (not seasonally adjusted) in June, up from 8.5 percent in May.

- The unemployment rate for Asian-Pacific Islander young adults ages 18 to 34 is 5.7 percent (not seasonally adjusted) in June, up from 5.1 percent in May.

- The unemployment rate for white young adults ages 18 to 34 is 6.9 percent (not seasonally adjusted) in June, up from 6.3 percent in May.

Share Button

Gainful Employment Rule Goes Into Effect, Provides Some Accountability for Students But “Work Is Not Done”


FOR IMMEDIATE RELEASE

July 1, 2015

Contact: Sarah Lovenheim, sarah.lovenheim@younginvincibles.org

(Washington) — The Department of Education’s gainful employment rule — that was finalized in October 2014 — went into effect today. Rory O’Sullivan, Young Invincibles’ Deputy Director and lead student advocate at the 2013-2014 negotiating table, released the following statement:

“I’m glad to see a rule in place providing some accountability for students and taxpayers but our work is not done. After years of advocating for the strongest protections possible, there are still many schools recklessly recruiting students without delivering a quality education and good career outcomes.”

Please be in touch to speak with a policy expert.

Share Button

Young Invincibles Becomes Independent 501(c)(3)



FOR IMMEDIATE RELEASE

July 1, 2015

Contact: Sarah Lovenheim, sarah.lovenheim@younginvincibles.org

(Washington) — After operating under fiscal sponsorship from Center for Community Change (CCC) for over five years, the Millennial research and advocacy group Young Invincibles spun off on July 1st as its own independent 501(c)(3).

A two-person team forged in 2009 to mobilize support for the young adult-specific provisions of the Affordable Care Act has since transformed into a nearly 50-person organization spanning several states. Young Invincibles has seen many achievements in its first five years, from securing consumer protections for student health plans, to successfully protecting billions of dollars in state and federal investments to help low-income students access college, to educating tens of thousands of Millennials about new health coverage options. YI has also trained hundreds of advocates across the country to speak up and shape political discourse in their community and at the state and federal level.

The group attributes a great deal of its successful growth to the operational support it received from CCC. “YI could not have gotten to this place without the help of CCC,” said Young Invincibles Executive Director Jennifer Mishory. “I’m eternally grateful to the Center for Community Change for giving us that initial shot to make our vision a reality, and the time and guidance to build our operational infrastructure to become our own independent organization. I’m deeply proud of how far we have come, and of the new heights that we will soar to as our own non-profit,” she added.

“CCC has seen YI grow not only in size, but in its impact on a host of important issues and its ability to get things done,” said CCC’s Managing Director Mary Lassen. “CCC has been honored to be with YI from its beginning and we are incredibly proud of the very important and influential organization YI has become.”

While the operational infrastructure will change, YI’s staffing, programming, development, and leadership will remain. Jennifer Mishory will remain at its helm as executive director and Rory O’Sullivan as deputy director. Co-founder Aaron Smith will continue to lead the group’s consulting arm, YI Advisors.

Young Invincibles’ mission is to expand economic opportunity for Millennials. For more information about its work and goals, please visit younginvincibles.org.

Share Button

Young Invincibles Celebrates Supreme Court Ruling to Protect Affordable Care: Another Six Million Uninsured Millennials Can Get Covered With Tax Credits


Work Continues to Expand Access for Young Immigrants and Low-Income People

FOR IMMEDIATE RELEASE

June 25, 2015

Contact: Sarah Lovenheim, sarah.lovenheim@younginvincibles.org

(Washington) — Following today’s Supreme Court ruling on King v. Burwell, Young Invincibles’ Executive Director Jen Mishory released the following statement:

“Today, the Supreme Court upheld the availability of tax credits in all states, a decision that will impact millions of people, but one that we know will disproportionately impact young adults. Millennials are more likely to be low income and qualify for tax credits; now, huge numbers of young people currently enrolled can keep their tax credits, and another six million Millennials who don’t have coverage can enroll and receive that discount.

“Young adults, age 18 to 34 years-old, end up in the emergency room more than any other age group, except the elderly – making today’s ruling essential to our health and financial security.

“Today we celebrate, but our work isn’t over. Some young immigrants and low-income people in states that haven’t expanded Medicaid still lack access to affordable care. Going forward, we’ll continue to advocate to expand access, work to make sure that our generation knows how to navigate the health system, and educate young people on the coverage options that were protected today.”

Please be in touch to speak with a policy expert.

******

Share Button

House Committee Votes to Gut Protections for Students and Taxpayers

FOR IMMEDIATE RELEASE

June 24, 2015

Contact: Sarah Lovenheim, sarah.lovenheim@younginvincibles.org

(Washington) — Today, the House Appropriations Committee approved a bill that dismantles an important consumer protection for students who attend career colleges, fails to address unscrupulous recruitment practices towards our nation’s veterans, and cuts investments in student financial assistance.

Rory O’Sullivan, deputy director at Young Invincibles and lead student advocate at the Department of Education’s 2013 negotiated rulemaking on gainful employment, issued the following statement:

“On the heels of a court decision that upheld the legality of the gainful employment regulation, we are disappointed to see the House Appropriations Committee vote to gut this important rule. The gainful employment regulation protects both students and taxpayers from fraud and abuse within our higher education system.

“Removing GE right before it has a chance to take effect will expose students to bad actors and continue to waste critical student aid dollars. The 90/10 loophole that lawmakers voted against was created to prevent shoddy programs from profiting off the backs of student veterans, while saddling them with loan debt and worthless degrees. With millions of Millennials suffering the consequences of the Great Recession, now is not the time for Congress to turn its back on students.”

*****

Share Button

FY2016 House Appropriations Bill Could Roll Back Student Aid Dollars, Dismantle Critical Consumer Protections

For Immediate Release

June 17, 2015

Contact: Sarah Lovenheim, sarah.lovnhim@younginvincibles.org

The new FY2016 House appropriations bill could roll back $370 million of student aid dollars and dismantle an important consumer protection for students who attend career colleges.

Rory O’Sullivan, deputy director for Young Invincibles and lead student advocate at the Department of Education’s 2013 negotiated rulemaking on gainful employment, issued the following statement:

“The Gainful Employment rule is a hard-won protection for today’s students against predatory practices common in the for-profit college industry, and it’s baffling that Congress would attempt stripping it away. On the heels of Corinthean Colleges closing, Congress should work to enhance accountability at all institutions so that students, families, and taxpayers are not on the hook for poorly performing schools that leave students with worthless degrees and mountains of debt.”

“Make no mistake, the Gainful Employment rule actually saves money; the Congressional Budget Office estimates that GE would prevent $2 billion from being wasted in the next ten years at the worst for-profit college programs.”

*****

Share Button