You are now being logged in using your Facebook credentials
West Florissant, Mo. Explodes in Protest of Police Shooting, More Than 30 Arrests

West Florissant, Mo. Explodes in Protest of Police Shooting, More Than 30 Arrests

Special to the NNPA from the St. Louis American

The Target parking lot of the Buzz Westfall Shopping Center was filled with dozens and dozens of police vehicles and the area of West Florissant from Jennings to Ferguson was blocked off. Helicopters and tanks –as well as vehicles from a host of area departments – descended on West Florissant as looting and vandalism…

Read More...
Suppress Voting, Impeach Obama and Close HBCUs

Suppress Voting, Impeach Obama and Close HBCUs

By Peter Grear

Our campaign has sought to educate our communities to the point that they would organize and mobilize for a massive voter turnout for the November General Election and beyond. 

Read More...
Risky Situations Increase Women’s Anxiety, Hurt Their Performance Compared to Men

Risky Situations Increase Women’s Anxiety, Hurt Their Performance Compared to Men

Study author Susan R. Fisk

“On the surface, risky situations may not appear to be particularly disadvantageous to women, but these findings suggest otherwise,” 

Read More...
Voter Suppression: An Existential Threat to Democracy

Voter Suppression: An Existential Threat to Democracy

By Peter Grear

To properly understand where we are today, we must look to history, to Black Slavery.  Slavery has existed since the time of ancient civilizations and in its inception was based upon conquerors enslaving the conquered without regards to race.  

Read More...
Dorothy Buckhanan Wilson Installed as International President of Alpha Kappa Alpha Sorority, Incorporated

Dorothy Buckhanan Wilson Installed as International President of Alpha Kappa Alpha Sorority, Incorporated

Charlotte, NC (BlackPR.com)

Dorothy Buckhanan Wilson of Milwaukee, Wisconsin, a business executive, was installed as the 2014-2018 International President of Alpha Kappa Alpha Sorority, Incorporated (AKA)

Read More...
Nielsen Expands Communications Leadership Team with Key Media Relations Hire

Nielsen Expands Communications Leadership Team with Key Media Relations Hire

New York (BlackPR.com)

New York (BlackPR.com) -- Nielsen today announced that Andrew McCaskill has joined Nielsen as Senior Vice President, Corporate Communications. He will report to Chief Communications Officer Laura Nelson.

Read More...
Voter Suppression: It’s Mobilization Time

Voter Suppression: It’s Mobilization Time

Written by Peter Grear

With this article we will start detailing the ingredients of a revisable action plan that needs comments and revisions as we move toward the Tuesday, November 4, 2014 General Election.  

Read More...
Voter Suppression: NC Black Republican Advisory Board

Voter Suppression: NC Black Republican Advisory Board

Written by Peter Grear

Educate, Organize and Mobilize: I confess that I’m amazed. The Republican National Committee and the Republican Party of North Carolina announced last week that they have launched theNorth Carolina Black Advisory Board (BRAB) 

Read More...
Frontpage Slideshow | Copyright © 2006-2011 JoomlaWorks Ltd.

Student Loans Plus Limited Job Options Equal Trouble

Written by Featured Organization on 07 May 2012.

WASHINGTON (NNPA) – When she graduated from the University of Iowa two years ago with a major in elementary education, Amber Newman envisioned standing in front of a class of bright, energetic youngsters and providing them with the solid educational base that would help them become successful in the upper grades as well as later in life. But when Newman didn’t land a job in the classroom, she found another way of working with young people – she’s a nanny in Chicago to two boys, ages 1 and 4. Although it’s not her dream job, she’s glad to have a job in this struggling economy. Any job.

“I’m okay, I’m not living on the streets, I’m not hungry,” said Newman, who lives with her parents in suburban Chicago. “A lot of my friends have taken teacher’s aide positions just to be involved in schools and get their foot in the door. Some work in daycare or are nannies like me. None of my friends who have done elementary education have changed their interest.”

What has changed is the labor market.

“I kind of knew toward the end of my last year that there wasn’t going to be a lot of regular teaching positions because of budgeting,” Newman said. “When the economy went down, education took a big hit.”

Two-thirds of the class of 2010 were met with a 9.1 percent unemployment rate – the highest in recent history – and an average of $25,250 in debt, according to “Student Debt and the Class of 2010,” a recent study by the Project on Student Debt, an Institute for College Access & Success initiative.

The unemployment rate for teachers is likely to remain high as financially-stressed governments reduce jobs in the public sector.

Newman prefers going to graduate school over being a nanny, but does not see that as a viable option.

“I think it just cost too much to go back to school,” said Newman, who has about $30,000 in debt despite having received  two scholarships. “When people ask me what I got my degree in and I say education, they would look at me kind of sad and say, ‘Good luck.’”

And if the student is Black, like Newman, he or she will need more than luck.

A study conducted by the College Board Advocacy & Policy Center in 2010 – the same year Newman graduated from college – found that student loan debt levels of $30,500 or higher were more common among 27 percent of African-American college graduates, compared with 16 percent of their white counterparts.

Federal Reserve data show that the median student loan amount for Whites increased from $13,463 in 2007 to $15,000 in 2009, an increase of $1,537. Over that same period, student loans for Latinos rose from $13,463 to $17,000, an increase of $3,537. The highest increase was among Blacks, rising from $8,285 in 2007 to $14,000 in 2009, a jump of $5,715.

Meanwhile, the percentage of households relying on students loans was also highest among African-Americans (27.9 percent), compared with 14.2 percent for Latinos and 15.9 percent for Whites.

The increased reliance on student loans is directly connected to the economy,

“The expansion of education debt occurred at the same time that other credit markets, especially mortgages and credit cards, contracted,” Christian E. Weller said in a Center for American Progress report. “Households went deeper into education debt during the crisis as other forms of credit became less prevalent.”

Students loans now exceed total U.S. credit card debt.

More Blacks may be forced to turn to student loans because Pell grants – direct allocations that help poor students attend college – may be slashed. That will have a profound impact on Historically Black Colleges and Universities (HBCUs) because two-thirds of their students receive Pell grants. Without those direct grants, families are more likely to seek loans.

Regardless of whether a college graduate lands a job, repayment of student loans are scheduled to begin approximately six months after commencement. According to the Institute for Higher Education Policy, only 37 percent of student loan borrowers were able to repay their loans without delinquency.

That number is likely to rise if Congress doesn’t act soon.

“More than 7 million students and their families rely on Subsidized Stafford Loans to help pay for college,” says a report by the Center for American Progress. “The loans distributed by the U.S. Department of Education currently hold an interest rate of 3.4 percent. But that rate is set to double if Congress fails to act by July 1, 2012. If that occurs, millions of students will see their interest rates soar to 6.8 percent on the new loans they take in the next year thereby causing a steep rise in their loan burden and effectively increasing the cost of attaining a college degree.”

Newman hasn’t abandoned her dream of being an elementary school teacher, but she doesn’t know how long that will take.

“I started looking last summer but not full force because there weren’t that many job listings,” she explained. “It was kind of discouraging.”


GDN Link Exchange