Category Archive for: economics

U.S. Bishops Decry Exclusion of Catholic Schools, Students in Revised HEROES Act

As soon as today, the U.S. House of Representatives will consider House Democrats’ new COVID-19 aid package, the revised Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act. The bill includes $225 billion for education, including $182 billion for K-12 schools. However, the bill provides no equitable services for students in non-public schools and maintains…Read More

Opinion: OSF scholarships – not everyone wants the good news

Most people, one hopes, appreciated the public efforts of my colleague Rob Sellers, the executive director of the Opportunity Scholarship Fund, to inform families seeking better school options for their children about available opportunities to apply for scholarships that enable children to attend a private school. These privately funded scholarships and the organizations that administer…Read More

US Catholic bishops lament end to federal limits on payday loans

The revocation of restrictions on payday lenders by the Consumer Financial Protection Bureau exposes poor and vulnerable persons to ‘predatory and abusive lending practices’, the US bishops’ conference said last week. On July 7 the CFPB removed requirements that lenders ensure borrowers can repay a loan before issuing it, and limited how many successive loans…Read More