An anonymous reader quotes Politico: President Donald Trump on Friday said that he would eliminate the interest on federal student loans “until further notice” as part of a package of emergency executive actions designed to address the economic fallout from the coronavirus pandemic… The unprecedented move will provide relief to the more than 42 million Americans who owe more than $1.5…
Tag: Student Loans
Google Is ‘Helping To Develop’ Website For Coronavirus Testing, Trump Says
U.S. President Donald Trump on Friday declared a national emergency over the fast-spreading coronavirus. In addition to providing about $50 billion in federal aid to fight the disease and temporarily suspending interest on student loans, Trump said Google is “helping to develop” a website that will help users determine if testing is needed and where the nearest testing location is. Trump…
Free Coding Bootcamp ‘Lambda’ Tries Selling Its Income-Sharing Agreements — In Bundles
An anonymous reader quotes the Verge:
In December, online coding bootcamp Lambda School quietly partnered with Edly, a digital marketplace that helps schools sell income-sharing agreements (ISAs) to accredited investors. The arrangement allows Lambda to receive money from the ISAs upfront, rather than waiting for students to find jobs. But it also flies in the face of the values Lambda typically espouses:…
Are Millennials Spending Too Much Money On Coffee?
An anonymous reader quotes the Atlantic:
Suze Orman wants young people to stop “peeing” away millions of dollars on coffee. Last month, the personal-finance celebrity ignited a controversy on social media when a video she starred in for CNBC targeted a familiar villain: kids these days and their silly $5 lattes. Because brewing coffee at home is less expensive, Orman argued, purchasing…
TurboTax Started Charging the Disabled, Unemployed and Students To Make Up For Trump Tax Law
The 2017 tax overhaul directly threatened the lucrative business of Intuit, the maker of TurboTax, so it pushed students, the disabled, and unemployed to a paid tier to make up for the lost profits. ProPublica reports: Although the company draws in customers with the promise of a “free” product, its fortunes depend on getting as many customers as possible to pay….
Unlivable Wages in Expensive Cities Are Plaguing the Video Game Industry
An anonymous reader shares a report: Crunch has been one of the biggest topics in video game industry news over the last year with reports of massive studio layoffs at established studios following closely behind. Another topic relating to these issues that hasn’t received as much attention, however, are the low and unfair wages developers are being paid in exchange for…
Two-Thirds of American Employees Regret Their College Degrees
An anonymous reader quotes a report from CBS News: A college education is still considered a pathway to higher lifetime earnings and gainful employment for Americans. Nevertheless, two-thirds of employees report having regrets when it comes to their advanced degrees, according to a PayScale survey of 248,000 respondents this past spring that was released Tuesday. Student loan debt, which has ballooned…
Some Americans Have Fled The Country To Escape Student Loan Debt
“Some student loan borrowers are packing their bags and fleeing from the U.S. to other countries, where the cost of living is often lower and debt collectors wield less power over them,” reports CNBC: Chad Haag considered living in a cave to escape his student debt. He had a friend doing it. But after some plotting, he settled on what he…
edX Learner to Employee: Meet Thao
Welcome to the latest installment of edX insider, where we give you a behind-the-scenes look at edX team members. Today, we chat with Thao Nguyen, Marketing/Content Support Associate. Quick Stats: Name: Thao Nguyen Department & Role: Content Support Associate, Marketing Hometown: Pasadena, CA Favorite song: Sunsets Pt. 2 – SG Lewis What led you to your current role at edX? About…
Elizabeth Warren has the biggest free college plan yet
Source: https://www.vox.com/2019/4/22/18509196/elizabeth-warren-debt-free-college…