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☆ The salary you need to be considered middle class in every U.S. state—it's close to $200,000 in 2 of them
▼ + stars: | 2024-05-16 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +1 min

In the U.S., whether you're considered middle class or not may depend on where you live. In some states, you can earn over $150,000 and still be considered middle class. The personal finance site defines "middle class" as households with an annual income that is two-thirds to double a state's median income. In Maryland, you're considered middle class if your income falls between $65,641 and $196,922, according to GOBankingRates. Here's the income range that qualifies as middle class in every U.S. state, listed in alphabetical order.

Persons: GOBankingRates, It's Organizations: Survey, Maryland, Census Locations: U.S, — Maryland, New Jersey

Dutch Ruppersberger announced Friday that he won’t seek a 12th term in Congress. The 77-year-old Democrat, who has represented the 2nd District since 2003, said in a video message that he will retire. The district includes parts of Baltimore County, Carroll County and the city of Baltimore. The decision was difficult because Congress needs members like him "who care more about constituents and our country and less about cable news hits,” Ruppersberger said in a statement. Political Cartoons View All 253 ImagesBefore his run for Congress, the Baltimore native served two terms as Baltimore County executive and on the county council.

Persons: TIMONIUM, Dutch Ruppersberger, ” Ruppersberger, “ I’ve Organizations: —, — Maryland U.S . Rep, C.A, District, Congress, Baltimore Locations: Md, — Maryland, Dutch, Baltimore County, Carroll County, Baltimore

☆ ‘I’ve had this black cloud looming over me’: How private lenders have left millions of college students with no hope for the future
▼ + stars: | 2023-08-21 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +15 min

We both do DoorDash, and probably when those federal student loans start up, it'll be more of a necessity to do that." While private debt makes up just about 10% of the $1.7 trillion student-debt mountain in the US — about $136 billion — the industry has exploded over the past decade: the amount of outstanding private debt has jumped an estimated 47% since 2014. "Regardless, the student loan debt that was supposed to be an investment in their futures is dragging them down." To be sure, some private servicers do disclose benefits private borrowers could lose should they choose to refinance. Moran said he didn't regret taking out private student loans because it allowed him to pursue his desired nursing career.

Persons: Brianne Jones, Jones, she's, We're, it'll, Michele Shepard, they've, it's, Shepard, Suzanne Martindale, —, Anna Anderson, you've, It's, Navient, Martindale, Ryan Moran, Moran, Moran isn't, Joe Biden, I've, Anderson, forbearance, Steve Cohen, didn't Organizations: Eastern Michigan University, West, Federal Direct Loan Program, Institute for College, California's Department of Financial Protection, National Consumer Law Center, Consumer Financial, Bureau, Consumer Financial Protection Bureau, — Maryland Locations: Florida, —, California

☆ In a Contentious Lawmaking Season, Red States Got Redder and Blue Ones Bluer
▼ + stars: | 2023-06-04 | by ( Mitch Smith | ) www.nytimes.com time to read: +2 min

After the court said Americans have the right to carry guns outside their home, Democrats passed new laws this year seeking to limit access to firearms, while gun rights supporters filed lawsuits challenging restrictions and Republicans passed laws expanding gun access. On abortion, an issue the court returned to the states, Republicans moved to severely restrict or ban access in several states, including Florida, Nebraska, North Carolina, North Dakota, South Carolina and Wyoming, despite intraparty fights about how far to go. Democrats sought to strengthen abortion protections in many of their states. “I’ve been working my entire life to have an opportunity like this,” said Melissa Hortman, the speaker of the Minnesota House. But while she expressed no regrets about acting quickly, Ms. Brinks acknowledged that doing so “was not exactly the most beneficial in terms of establishing really good working relationships” with Republicans.

Persons: “ I’ve, ”, Melissa Hortman, Winnie Brinks, Brinks, “ Organizations: Republicans, Minnesota House, Michigan Senate Locations: Florida , Nebraska, North Carolina , North Dakota, South Carolina, Wyoming, Maryland, Massachusetts, Michigan, Minnesota

☆ Obama wants companies to strip degree requirements from more six-figure jobs to address the labor shortage
▼ + stars: | 2023-03-20 | by ( Jason Lalljee | Ethan Dodd | ) www.businessinsider.com time to read: +5 min

Former President Barack Obama said more states should drop degree requirements for government jobs. It's an example of "a smart policy that gets rid of unnecessary college degree requirements and reduces barriers to good paying jobs," Obama said on Twitter. In recent years, states have eliminated four-year degree requirements to shore up their understaffed governments, and Republican governors have led the way. Arizona and Oregon have temporarily loosened degree requirements to address a teacher shortage. Georgia and Alaska are considering dropping degree requirements to fill government vacancies as well.

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