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☆ Afghan Students Urge India to Extend Visas and Restart Scholarships
▼ + stars: | 2023-09-13 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +2 min

India has in the past offered scholarships to thousands of overseas students from countries such as Afghanistan to pursue undergraduate and post-graduate degrees. "The students are neither getting scholarships nor permission to work in India," he said. The ICCR has previously offered study grants to nearly 1,000 Afghan nationals to pursue undergraduate and postgraduate studies in India. These grants consisted of a monthly stipend of between 25,000 rupees ($301) and 28,500 rupees to Afghan students, on top of subsidised tuition fees and travel expenses. "I want to continue my studies in India, but the government has not released our stipends," said Parwana Hussaini, who came to India in 2016 for higher studies.

Persons: Manoj Kumar, Mayank Bhardwaj, Kumar Tuhin, ICCR, Parwana Hussaini, David Holmes Organizations: Mayank Bhardwaj NEW DELHI, Afghanistan Students ' Association, Indian Council for Cultural Relations, External Affairs, External Affairs Ministry Locations: India, New Delhi, Afghanistan

☆ I'm jealous of college students who move into dorms with their parents' help. My migrant parents were never interested in college for me.
▼ + stars: | 2023-09-13 | by ( Erasmo Guerra | ) www.businessinsider.com time to read: +6 min

With no emotional or financial support, I didn't graduate from college until I was in my 30s. AdvertisementAdvertisementI'm a Mexican American kid from the US-Mexico borderMy family didn't have a tradition of going to college; my parents were first-generation migrant workers. AdvertisementAdvertisementThe year I turned 30, I applied to a small liberal-arts college downtownI was accepted into a small school. My family didn't show up for graduation. And rather than getting caught up in my feelings about college move-in day yet again, I'm determined to move on.

Persons: I've, someone's, I'd, —, she'd, I'm Organizations: Service, Columbia University, NYU, Pace University, Army, US Military Academy, West Locations: Wall, Silicon, New York City, Manhattan, Mexican American, Mexico, Columbia, Texas, New York

TORONTO (AP) — Think of movies about the financial system and your mind is almost sure to go to Gordon Gekko and “Wall Street” or Leonardo DiCaprio’s gyrating Jordan Belfort in “The Wolf of Wall Street.”When Hollywood takes on Wall Street, it usually heads straight to the C-suite. In 2021, Gill’s enthusiastic endorsement of GameStop stock helped fuel a viral trading frenzy that rocked Wall Street and humbled the hedge funds that has shorted the brick-and-mortar video game company. Gillespie was able to follow the phenomenon thanks to his 24-year-old son, who had been involved with the subreddit Wall Street Bets. My son warned me: You got in too late.”Lauren Schuker Blum and Rebecca Angelo, two former Wall Street Journal reporters turned screenwriters, came on to write the script. They feel small, they feel powerless, they feel that the system is rigged,” says Angelo.

Persons: Gordon Gekko, Leonardo DiCaprio’s gyrating Jordan Belfort, Keith Gill, Paul Dano, ”, Pete Davidson, Seth Rogen, America Ferrara, Anthony Ramos, Shailene Woodley, Craig Gillespie, Tonya Harding, Tonya, Gillespie, Ben Mezrich, ” Mezrich, Mark Zuckerberg, David Fincher’s “, “, ” Lauren Schuker Blum, Rebecca Angelo, —, Blum, let’s, Ramos, Myha’la Herrold, Talia Ryder, Margot Robbie, Angelo, Megan Thee Stallion’s, ” Gill, Kitty, Gill, Jake Coyle Organizations: TORONTO, Hollywood, GameStop, Wall, Sony Pictures, Toronto, AMC Theaters, Ragtag, Amateur, Social, Wall Street Journal, Lawmakers, Twitter Locations: “ The, Brockton , Massachusetts, Belgian, Bath, Pittsburgh

☆ Explore How Income Influences Attendance at 139 Top Colleges
▼ + stars: | 2023-09-11 | by ( Aatish Bhatia | Claire Cain Miller | ) www.nytimes.com time to read: +8 min

Explore How Income Influences Attendance at 139 Top CollegesAt many selective private colleges, being very rich is a door to entry — students with parents earning in the top 1 percent attend at much higher rates than other similarly qualified students, new data shows. The data is available for 139 colleges, including the top private colleges according to Barron’s and many of the top public and private colleges in U.S. News & World Report. The researchers also had access to internal admissions data for several of the most elite private colleges. In much of the next tier of elite private colleges, rich students have a similar advantage. Even though college attendance rises with parental income, when it comes to educating the majority of America’s four-year college students, public universities play a vital role — regardless of how much their parents make.

Persons: Raj Chetty, Deming, Friedman, Professor Chetty, John N . Friedman of Brown, David J . Deming, ”, Jesse Rothstein, Chetty, They’re Organizations: U.S . News, Harvard, Dartmouth, Chetty, Ivy League, University of California, Stony Brook University, Carnegie Mellon Locations: U.S, Dartmouth, Georgetown, Berkeley, Los Angeles, California, Swarthmore, Wellesley

☆ Meet the warrior interns: College students hell-bent on winning the CV arms race, who'll stack all the jobs they can to make their resumes shine
▼ + stars: | 2023-09-10 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +11 min

This is becoming a rite of passage for those who want good jobs, one career counselor told Insider. Advertisement Advertisement Watch:Singaporean undergraduate Amelia Yamato Leow told Insider that she started interning right after secondary school. Ong told Insider she's done an internship every summer break, and has worked during the college semester, too. You see from the inside how things work, and how people work, and most importantly, you can build rapport," Chin told Insider. This is especially so for complex industries like banking, Ted Teo, an adjunct assistant professor at the National University of Singapore, told Insider.

Persons: Amelia Yamato Leow, hasn't, who's, Leow, she's, Nicole Ong, Ong, you've, Justin Chin, Chin, Eddie Phua, Phua, Gao, Xinrui Gao Xinrui Gao, it's, Adrian Teh, Teh, they'll, Megan Wong, Wong, Sim Cher Young, Sim, Adrian Choo, Ted Teo, Teo, Goldman Sachs, Shaw, Singapore Management University's Sim, International's Choo Organizations: Service, National University of Singapore, PayPal, NUS, National University of Singapore Business, NUS Business School, Nanyang Technological University, Singapore Management University, LinkedIn, Citadel, Harvard, Singapore Management Locations: Singapore, Wall, Silicon, fintech

☆ The Great College Pricing Sham
▼ + stars: | 2023-09-10 | by ( James S. Murphy | ) www.businessinsider.com time to read: +21 min

I use quotation marks, because merit aid is granted to half the students at public colleges and 84% at private colleges. Today the average merit-aid discount at private colleges is $23,000 — leaving the student to cover the remaining $30,000 or $40,000. At four-year public colleges, tuition now accounts for 52% of operational revenue, versus 48% from state funding. To make college more accessible, we need to make greater public investments — at both the state and federal levels — in higher education. James S. Murphy is a higher education policy analyst at Education Reform Now.

Persons: Joe Biden, YouGov, Gen, Gen Zers, You'll, Pell Grant, Dominique Baker, —, Getty, Ben Sasse, who's, Sasse, David Feldman, William & Mary, Ford, Feldman, they're, Sandy Baum, It's, There's, Baum, They're, Josh Shapiro, Spencer Cox, shouldn't, James S, Murphy Organizations: Insider, Harvard, of California, Southern Methodist University, Ivy League, U.S . News, Honda, Porsche, University of Florida, McKinsey & Company, University of Oklahoma, University of Kentucky, Ford, Apple, Fordham, Appalachian, William &, Technology, West Virginia University, WVU, Urban Institute, Google, Reform, Twitter Locations: United States, Italian, Appalachian State, America, Pennsylvania, Utah

☆ ‘Dumb Money’ Lampoons Wall Street Titans With a Knowing Eye
▼ + stars: | 2023-09-08 | by ( Brooks Barnes | More About Brooks Barnes | ) www.nytimes.com time to read: +1 min

“Dumb Money” is the kind of midbudget, formula-busting, thinking-person’s movie that isn’t supposed to get made anymore, much less receive a wide, studio-backed release in theaters. It tells the bizarre true story of small investors — a nurse, college students, a YouTube personality known as Roaring Kitty — who created a Wall Street frenzy over the troubled video game retailer GameStop during the pandemic. Determined to teach professional investors a lesson, and hopefully get rich in the process, they pushed GameStop shares to a stratospheric level in early 2021, for a time putting the squeeze on sophisticated hedge funds that had bet that GameStop shares would fall. The $30 million film, directed by Craig Gillespie (“Cruella”), contains withering depictions of real-life Wall Street figures like Kenneth C. Griffin, the Citadel titan; Steven A. Cohen, the hedge fund manager and New York Mets owner; and Gabe Plotkin, whose hedge fund lost billions in the squeeze. In one colorful scene, Mr. Cohen, played by Vincent D’Onofrio, sits in a mansion snarfing a club sandwich and snorting with laughter on the phone with Mr. Plotkin, played by Seth Rogen.

Persons: Kitty —, Craig Gillespie, Kenneth C, Griffin, Steven A, Cohen, Gabe Plotkin, Vincent D’Onofrio, Plotkin, Seth Rogen Organizations: GameStop, New York Mets

☆ College Students Have Always Wanted Freedom
▼ + stars: | 2023-09-07 | by ( Michael Roth | ) www.wsj.com time to read: 1 min

My parents didn’t go to college, but they saved up so that their children could, and in 1975 I arrived with enthusiasm and some trepidation for my first year at Wesleyan University. At that time, my image of college students was that of young people demanding rights while chanting slogans and holding up protest signs. I had no idea that commentators were already lamenting that my generation of undergrads was so much less focused on politics and the public sphere and that we were “grinds” working away to climb the meritocratic ladder. For me, there was no ladder; being a student was about rebellion and freedom.

Persons: didn’t Organizations: Wesleyan University

☆ Why Does Duke Have So Few Low-Income Students?
▼ + stars: | 2023-09-07 | by ( David Leonhardt | Graphics Ashley Wu | ) www.nytimes.com time to read: +31 min

Duke students, she thought, seemed more well rounded than students on some other campuses. I think it was me being a little bit naïve.” Other Duke students who identify as F.G.L.I. At Duke — as well as elite colleges that admit more low-income students — their graduation rate tends to be similar to the overall graduation rate. Over the past decade, as other elite colleges paid more attention to low-income students, they wooed some who once might have attended Duke. “Duke students are really oriented to the world,” she said.

Persons: Ben Denzer, Perkins, Duke, ” Juliana Alfonso, DeSouza, ”, Stephany Perez, Sanchez, University of Chicago —, Pell, Duke Duke, Melinda French Gates, Adam Silver, ” Gary Bennett, Grant, Bates, Brown, Pell Grant, ” Bennett, we’re, Ithaka, Yale Conn, —, Juliana Alfonso, Juliana, Duke Rice, Austin U.N.C, “, Karen Dong, ” Dong, ” Randi Jennings, Dong, Duke’s F.G.L.I, Duke —, ” Jennings, Randi, Jennings, Alfonso, David M, Rubenstein, “ It’s, ” Alfonso, Colleges don’t, Bennett, Caroline Hoxby, Christopher Avery, Louis, Holden Thorp, ” Thorp, Ron Daniels, Johns Hopkins, ” Daniels, Catharine Bond Hill, Thorp, Hopkins, Michael Bloomberg, Johns, “ Duke Organizations: Duke University, Perkins, Ivy League, Stanford, Massachusetts Institute of Technology, University of Chicago, Harvard, Yale, Princeton, Columbia, Pell Grants, Duke, Pell Grants Harvard, Penn, Cornell, Dartmouth, Brown, Chicago, U.S . News, Colleges, Midwest, California Institute of Technology, Notre Dame, Bucknell, Georgia Tech, Oberlin, Reed, Tufts, Tulane, Wake, Universities, Wall Street Journal, University of California, University of South, College, Princeton N.J, Pomona Calif, Dartmouth N.H, Stanford Calif, Caltech Calif, Amherst Mass, Grinnell Iowa, Claremont McKenna, Vanderbilt, Opportunity, Elite, Spurs, Texas North, Southern Methodist University, Davidson, California Massachusetts, Stanford Harvard, Berkeley UMass Amherst, Amherst College Pomona, University of Texas, parka, Mardi Gras, Daily, West Union, LIFE, Uber, ” Colleges, Washington University, Hopkins, Vassar College, Johns Hopkins, University of Michigan, University of Virginia, University Locations: San Antonio, South Carolina, M.I.T, United States, Durham, N.C, Georgetown, Georgia, California, San Diego, U.C.L.A, University of South Dakota, University of South Florida, America, Middlebury, Northwestern, Pomona, Swarthmore, Harvard, Texas North Carolina, Texas, Canada, Myrtle Beach, Dallas, China, New Orleans, Irish, Camden , N.J, “, St, Johns Hopkins, Wash

☆ They’re Tiny, They’re Toony, They’re Packing Off to Uni
▼ + stars: | 2023-09-07 | by ( Laurel Graeber | ) www.nytimes.com time to read: +1 min

First-year college students everywhere are now adjusting to campus life. Few, however, have to choose between classes like Banana Peel Placement and Whoopie Cushion Alternatives. Or suffer the crash of anvils on their heads when they give wrong answers. These experiences belong exclusively to the incoming freshmen of “Tiny Toons Looniversity,” a new animated series that begins streaming on Friday on Max and airing on Saturday on Cartoon Network. With Steven Spielberg as an executive producer, the show revives the characters and setting of the Emmy Award-winning early-’90s series “Tiny Toon Adventures,” whose own comic DNA descended from the “Looney Tunes” short films of the 1930s-60s.

Persons: Steven Spielberg, ”, Bugs, Daffy Duck, Wile E, Babs, Buster Bunny, Plucky, Hamton J, they’ve Organizations: Max, Cartoon Network, Acme, Warner Bros Locations: hilarity

☆ Entry-level jobs offering student loan repayment have doubled since 2019—where to find them
▼ + stars: | 2023-09-05 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +2 min

Many student loan borrowers will resume making payments on their debt this fall, and some may get an extra boost from their employer. The share of entry-level jobs that mention student loan repayment programs has more than doubled since 2019, according to data from Handshake, the career platform for college students and recent grads. As of June, 3% of jobs on Handshake include a student debt repayment benefit, compared with 1.2% of job listings mentioning such benefits in June 2019. "Graduates in the health-care and medical field are known for carrying notable amounts of student loan debt," Williams tells CNBC Make It. "When paired with a high demand for frontline health-care workers and practitioners, these factors make student loan repayment options a competitive benefit."

Persons: Monne Williams, Williams, they're Organizations: Employers, CNBC, Research

☆ The New Reality for College Dining Halls: Dozens of Dietary Restrictions
▼ + stars: | 2023-09-05 | by ( Priya Krishna | More About Priya Krishna | ) www.nytimes.com time to read: +1 min

The group has run on-campus trainings in how to use an EpiPen, and hosted discussions among students with allergies. Ms. Auerbach and Mr. Bajaj are already in contact with students at several other campuses to set up new chapters. “Colleges as a whole need to do more to support food allergy education and awareness,” Mr. Bajaj said. “The goal overall is to spread the club all over, to give a voice to food allergies.”Follow New York Times Cooking on Instagram, Facebook, YouTube, TikTok and Pinterest. Get regular updates from New York Times Cooking, with recipe suggestions, cooking tips and shopping advice.

Persons: “, Kethan Bajaj, Julia Auerbach, Auerbach, Bajaj, Mr Organizations: Northwestern, College, Food Allergy, Colleges, New York Times, Facebook, YouTube Locations: Northwestern

☆ Fake Taylor Swift tickets, student loan forgiveness: 4 top scams that targeted consumers this summer
▼ + stars: | 2023-09-04 | by ( Lorie Konish | ) www.cnbc.com time to read: +3 min

Taylor Swift performs onstage during "Taylor Swift | The Eras Tour" at SoFi Stadium on August 09, 2023 in Inglewood, California. Concert and event ticket scamsFans were especially eager to see big-ticket acts like Beyonce and Taylor Swift as they toured this summer. Vacation lodging scamsVacationers who sought rentals or other services in popular destinations may have found themselves prey to fake listings. Such vacation scams meant travelers could find themselves out money as well as a place to stay. "But at the end of the day, those listings are fake listings, which puts consumers at risk," he said.

Persons: Taylor Swift, Kevin Winter, Beyonce, Fabara, Rob Bonta, Letitia James, Roomster, James, Tashdique Mehtaj Ahmed Organizations: Getty, Visa, New York, Federal Trade Commission, FTC, Federal Student Aid Locations: Inglewood , California, California, U.S, York

☆ Occupational Segregation Drives Persistent Inequality, Study Says
▼ + stars: | 2023-09-04 | by ( Steve Lohr | More About Steve Lohr | ) www.nytimes.com time to read: +1 min

To have an equitable distribution across the work force, 22 percent of Black workers with a college degree would have to switch occupations with white college graduates. For workers who graduated with a high school degree but lack a college degree, nearly 28 percent of either Black or white workers would have to switch jobs. The researchers called this a “dissimilarity index,” and since 2000 it has ticked up slightly for both groups. The new report notes that Black college students often major in fields that have lower wages. But the dearth of Black students in majors that lead to higher pay in careers like technology or finance, the researchers say, is a legacy of racism.

Persons: ”, Peter Q, Blair, Dr, “ Organizations: Harvard Graduate School of Education

☆ Opinion | College Students: School Is Not Your Job
▼ + stars: | 2023-09-04 | by ( Jonathan Malesic | ) www.nytimes.com time to read: +1 min

College freshmen who just arrived on campus have heard, from parents and politicians alike, that college exists mainly for the sake of work. An overwhelming majority of first-year students tell pollsters that getting a better job is a major reason for going to college. Across 25 years of teaching at five universities in three states, I have heard students consistently call school their “job.” Given the cost of attending a four-year college, it’s reasonable that they want assurance their degrees will lead to higher earnings. But the expectation that college will help them land a job has led too many students to approach college like a job in its own right: a series of grim tasks that, once completed, qualifies them to perform grimmer but better-paid tasks until retirement. That’s a shame, because this mentality leaves no room for what college should primarily be about: not work, but leisure.

Persons: pollsters, ”, That’s

☆ ‘Es una revelación’: miles de mensajes de texto dan nuevas pistas del caso Ayotzinapa
▼ + stars: | 2023-09-02 | by ( Natalie Kitroeff | Ronen Bergman | ) www.nytimes.com time to read: 1 min

Map highlighting the city of Iguala in the Mexican state of Guerrero where college students on a bus trip to Mexico City were kidnapped, and many killed. Also located is the nearby city of Cocula where remains of some of the students were found, as well as Chilpancingo, the capital of Guerrero. 100 miles Mexico City MEXICO Iguala Cocula GUERRERO Chilpancingo Pacific Ocean Acapulco U.S. Gulf of Mexico MEXICO Pacific Ocean Detail area 400 miles

Persons: Cocula GUERRERO Organizations: Mexico City Locations: Iguala, Mexican, Guerrero, Mexico, Cocula, Mexico City MEXICO, Acapulco, Gulf of Mexico MEXICO

☆ 70% of college seniors with student debt say looming repayments will impact their career plans
▼ + stars: | 2023-08-29 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +2 min

Many of today's college undergrads have gone through school knowing student loan payments were on pause indefinitely and the prospect of widespread cancelation was closer to becoming reality than ever. Just over half of next year's college graduates expect to carry student loan debt, and within that group, almost 70% say their debt will influence the jobs they consider after graduation, according to Handshake's latest report that surveyed 1,148 students in the class of 2024. A remaining 17% of students said their college debt would not impact their career choices after school, and 14% said they are neutral on the matter. As a result, many students say finding a job with a high salary and with a company that offers attractive benefits, like student loan repayment benefits, are all "top of mind," Williams tells CNBC Make It. Young workers with debt also want flexibility in where and when they work, though many say it goes beyond the matter of preference.

Persons: cancelation, Handshake's, Monne Williams, Williams, they've Organizations: CNBC

The 2024 edition of U.S. News Best Colleges will be released Monday, Sept. 18 on usnews.com, with pre-orders accepted for the accompanying print guidebook. We strongly advise users to consider the rankings alongside additional information and in light of personal interests. With that in mind, the methodology for the upcoming rankings will undergo greater modifications than in a typical year. Key changes include the following:A greater emphasis on social mobility and outcomes for graduating college students. For greater transparency, colleges and universities placing in the top 90% instead of only the top 75% will be numerically ranked.

Organizations: U.S, News, . College, U.S . News, Compass Locations: usnews.com, U.S

College students around America are beginning the trek back to campus. A precursor to that journey is the back-to-school shopping season, and this year it's estimated to hit a record-breaking $94 billion for college students. Inflation is driving the price of school supplies up, but it's a TikTok trend that may be fueling a part of the high spending for college students. Back-to-school shopping is also used as a barometer to gauge potential holiday spending. Watch the video above to find out more about the TikTok trend fueling back-to-college spending.

Persons: Simeon Siegel Organizations: National Retail Federation, BMO Locations: America, U.S

☆ How TikTok is fueling the back-to-college shopping season
▼ + stars: | 2023-08-25 | by ( Delon Thornton | Melissa Repko | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow TikTok is fueling the back-to-college shopping seasonBack to school shopping is expected to soar even higher than last year's record breaking season with a whopping $94 billion spent for college students, a $20 billion increase over 2022 spending. Inflation is driving the price of common school supply items higher, but a new social media trend is also helping push spending dollars up.

☆ How teachers and students feel about A.I.
▼ + stars: | 2023-08-24 | by ( Natasha Singer | More About Natasha Singer | ) www.nytimes.com time to read: +2 min

We recently asked educators, professors, and high school and college students to tell us about their experiences using A.I. — Katy Pearce, associate professor, University of WashingtonBefore they even use ChatGPT, I help students discern what is worth knowing, figuring out how to look it up, and what information or research is worth “outsourcing” to A.I. chatbots are making it a lot easier for students to understand difficult concepts in a simple way. It can provide students with endless examples of how to outline essays, business plans and emails. will have on students in the long run but I just don’t want it to make students lazy, as the joy of learning is that “AHA!” moment that comes from figuring something out yourself.

Persons: I’ve, — Katy Pearce, — Nicole Haddad, — Amedeo Bettauer, Sam Avery, chatbots, — Emma Nazario Organizations: A.I, University of Washington, Southern Methodist University, Brookline High School, University of Iowa, AHA, Wheaton

☆ Peloton shares drop 25% after posting wider than expected loss, falling sales
▼ + stars: | 2023-08-23 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +4 min

Peloton on Wednesday reported a wider than expected loss and a quarterly drop in new subscribers that it blamed on its recall of its Bike seat post and seasonality, sending shares plunging about 25% in premarket trading. It ended the quarter with 3.08 million subscribers, up 4% year over year and in line with the company's expectations. But compared to last quarter, subscribers declined by 29,000. The former Netflix and Spotify executive has spent the last three months focusing on new strategies aimed at getting the fitness company back on a path to growth. Clients include Volvo, which has Peloton bikes in its company fitness center and offers employees access to the Peloton app, its all access membership and discounts on hardware, including the Bike, Bike+, Tread and Guide.

Persons: Barry McCarthy, McCarthy, Leslie Berland Organizations: Refinitiv, Consumers, Netflix, Spotify, Business, Volvo, Dropbox, University of Michigan, Big Locations: Dusseldorf, Germany

☆ Florida's Board of Education is forcing state colleges to fire employees who don't use bathrooms of their assigned sex at birth
▼ + stars: | 2023-08-23 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

Florida's State Board of Education approved new bathroom restrictions for college employees on Wednesday. The rule says colleges should fire employees who don't use the bathroom of their assigned sex. AdvertisementAdvertisementFlorida's Board of Education voted to approve the rule during a meeting on Wednesday, which was live streamed on The Florida Channel. The Florida state college system, which includes 28 public community and state schools and serves nearly 650,000 students, is separate from the state university system, which includes the University of Florida and the University of Central Florida. Florida state colleges include Broward College, Gulf Coast State College, and North Florida College.

Persons: Ron DeSantis, Bill, DeSantis Organizations: of Education, Service, Florida State, Florida Gov, Education, Florida Channel, University of Florida, University of Central, Broward, Gulf Coast State College, North Florida College . Florida, GOP, Republican Locations: Florida's, Wall, Silicon, Florida, University of Central Florida . Florida, Broward College

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Persons: Chase, You'll, BMO Harris Organizations: Chase, Chase Bank, Morgan Wealth Management, Morgan Securities, SoFi Bank, Green, Reading Chevron, Chase Secure, Citibank, Citi, Huntington Bank, New Huntington Bank, BMO, U.S . Bank, Residents, U.S, Bank, Bank Standard Savings, Products, Secure Banking, Savings

☆ New Biden student loan plan cuts payments for millions, White House says
▼ + stars: | 2023-08-22 | by ( ) www.reuters.com time to read: +3 min

President Joe Biden is pursuing sweeping student debt relief actions through various approaches even as U.S. courts have blocked certain pieces of his plan. Student loan payments were paused during the COVID-19 pandemic as shutdowns and other fallout from the spreading virus upended the U.S. economy, but have since resumed. "We are continuing to pursue an alternative path to deliver student debt relief to as many Americans as possible as quickly as possible," the White House said in a statement. On average, the plan will cut total lifetime payments in half for Black, Hispanic, American Indian and Alaska Native borrowers, the White House added. Data released this month showed student loan balances declined by $35 billion to $1.57 trillion in the second quarter.

Persons: Joe Biden, Fumio Kishida, Yoon Suk, Camp David, Evelyn Hockstein, Biden, Susan Heavey, Jonathan Oatis, Heather Timmons Organizations: Japanese, South, REUTERS, Rights, White, Department of Education, U.S, Supreme, Education Department, Thomson Locations: Camp, Thurmont , Maryland, U.S, American Indian, Alaska

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