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In 1970 there had been only 18,333 students enrolled at degree-granting for-profit schools, less than a quarter of a percent of the total number of college students. In 2010, Tom Harkin, chair of the Senate's education committee, began a two-year investigation into for-profit schools. But even more shocking, federal money flowing to for-profit schools accounted for 25% of all federal student aid and 47% of eventual loan defaults. Students' money enriched every corner of the for-profit industry except one: quality of instruction. In fact, these for-profit students were actually worse off than if they hadn't gone to school at all.
Persons: Kaplan, bankrolling, , underperformers, Ashford, Warburg Pincus, Tom Harkin, Harkin, Goldman Sachs, Goldman, Pell Grant, Ryann Liebenthal Harper, Stephanie Riegg Cellini, Cellini, Ryann Liebenthal Organizations: University of, Apollo Group, ITT Tech, Fortune, Federal Family Education, Ashford, University, company's, Ashford University, Bridgepoint Education, New, Defense Department, Bloomberg, Camp Lejeune, Ryann Liebenthal Harper Collins Publishers, Books, HarperCollins Publishers Locations: California, New York City, Bridgepoint, Pell, Vietnam, Iraq, Camp, Oakland , California
Like Tesla and Palantir, GameStop was a popular stock to short among hedge funds, though GameStop took it to a whole new level. "That's how I feel about these GME posts that are using the 'P' and get in so we can cause an 'S' words that are no-nos." That was enough to make WallStreetBets the seventh-largest holder of GameStop stock, ahead of some of the big Wall Street investment firms that had shown interest in the stock. AdvertisementOn WallStreetBets, Alzmann shared the growing evidence that Cohen was indeed planning to take a more active role at GameStop. AdvertisementBut when Cramer dug into the conversation happening around GameStop on WallStreetBets, he saw that something new and more sophisticated was happening.
Persons: GameStop, Jaime Rogozinski, Tesla, Jordan Zazzara, I've, Zazzara, Ryan Cohen, Andrew Left, ahem Citron, PLTR, here's, Citron, We're, WallStreetBets, Uberkikz11, I'm, Ryder, Rod Alzmann, Bolt, Alzmann, Kitty, Roaring Kitty, StockTwits, lockdowns, Nathaniel Popper, Harper Collins, Cohen, Jim Cramer, manipulatively, Cramer, who've, It's Organizations: GameStop, Sony, Business, Twitter, Gamestop, Virgin Galactic, Blockbuster, Netflix, Citron Research, Research, Vanguard, YouTube, Roaring, Roaring Kitty, Owls, WSB, shits, GME Owls, CNBC, Virgin, Street Books, HarperCollins Publishers, Misfits Locations: sweatpants, Tampa , Florida
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAs entrepreneurs and small-business owners have shown, a traditional business or finance background isn't a prerequisite for success. The owner of two bustling Brooklyn locations told Business Insider: "I didn't go to business school. Advertisement"I think we both have strong entrepreneurial instincts, but we don't come from a finance or a business background," said La Tejana cofounder Gus May. Each of these entrepreneurs has evolved alongside their businesses and become more and more business savvy through trial and error.
Persons: , Jon Neeter, Adah Fitzgerald, Cosmetologist Martha Ellen Mabry, Gus May, Ana, Maria Jaramillo, Fitzgerald, Noble, We've, Jaramillo, It's, Martha Ellen Mabry, Headchop, Samuel Robert Bullen Mabry, " Jaramillo, Neeter, everybody's Organizations: Service, Independent, Business, Barnes Locations: Los Angeles, New York City, Brooklyn, La, Pleasant
Main Street Books sits, appropriately, on Main Street in Davidson, North Carolina, where Fitzgerald has lived since 1997 when she started her freshman year at Davidson College. When asked about her top choice in the business book category, she cited "The E-Myth," written by small-business consultant Michael E. Gerber. "There are a million business books and 'The E-Myth' is brilliantly simple," said Fitzgerald. It's a nuts-and-bolts business book." However, you won't find it at Main Street Books, where shelf space is precious.
Persons: Adah Fitzgerald, Fitzgerald, Michael E, Gerber, , Noble, it's Organizations: Davidson College, Woodlawn School, Barnes Locations: Davidson , North Carolina
Outside the front door of Main Street Books sits a three-tiered cart with neatly stacked brown bags filled with books. The "Curbside Pickup" cart, which sits outside Main Street Books, was born out of the coronavirus pandemic. Courtesy of Main Street BooksMain Street Books is on Main Street in Davidson, North Carolina, nestled between another local business, Summit Coffee, and a Fifth Third Bank. In 2018, the best-selling author David Sedaris came to Main Street Books for a reading. When the COVID-19 pandemic hit in March 2020, like most businesses, Main Street Books was forced to close.
Persons: Adah Fitzgerald, she's, she'd, , bookstore's, They're, it's, Fitzgerald, — Barbara Freund, Betty Reinke —, stepdad, David Sedaris, Fitzgerald didn't, That's, Andrea Jasmin, Beth Helfrich, Catherine Edmondson, Kendra Adachi, QuickBooks Organizations: Small, Service, Fifth Third Bank, Books, Woodlawn School, Davidson College, Street Books, American Booksellers Association Locations: breakeven, Davidson , North Carolina, Davidson
Jada Pinkett Smith has revealed she will be writing a memoir that shares details about her difficult journey in Hollywood and her “complicated marriage” to Will Smith. After starring in the hit sitcom “A Different World” and appearing in multiple films, Pinkett Smith met Smith. The press release also mentioned a “crisis” Pinkett Smith experienced at the age of 40 that caused her to reevaluate her life. Both Will and Jada Pinkett Smith have spoken candidly in the past about their struggles as parents and spouses. Last month, Pinkett Smith shared an Instagram video of her husband, family and friends singing happy birthday to her.
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