DIVEST FROM WALL STREET, INVEST IN COMMUNITIES

Why Should Your School Move Its Money?

In How To on February 28, 2012 at 11:20 am

Big banks take our universities’ money and use it to

  • Help finance predatory, high-cost, student loans and lobby to change laws in congress to benefit the 1% at the expense of the 99%
  • Fund mountaintop removal coal mining
  • Provide predatory loans to low-income people
  • Produce high fees on credit cards
  • Support lobbying to bend and break time-tested laws
  • Finance risky investments in derivatives

Community development financial institutions, like credit unions and community banks have missions to

  • Lend to residents and local businesses who want to improve their communities in socially positive and sustainable ways
  • Provide financial services to under-served populations
  • Focus on affordable housing, small business creation, environmental issues, empowerment of women and minorities

Want to learn more? Check out our Frequently Asked Questions.

Interested in doing a Teach In at your school? Here’s a Move Our Money Teach In Script we’ve created!

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