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Over the past two centuries, Nantucket has gone from a whaling town to a hippie refuge to a holiday hot spot for billionaires. "To use a well-worn phrase, come hell or high water, people are still buying multimillion-dollar homes on Nantucket." Between 2030 and 2100, the number of structures exposed to coastal erosion is expected to go from 113 to 860. "Without erosion, this would be an extremely valuable area," Baxter Road resident Joshua Posner told BI. "It's not inexpensive, but it is worth doing," Posner told BI.
Persons: Steve Schwarzman, Eric Schmidt, Barry Sternlicht, Elizabeth Gibson, David L, Ryan, Bruce Percelay, Edward Sanford's, he'd, Percelay, Greg Mckechnie, you'd, Barry Sternlicht's, Suzanne Kreiter, Shelly Lockwood, who's, I'm, Joshua Posner, Jack Welch, Bill Belichick, , Sanford, Lockwood, Nature, Yorker Brendan Maddigan, Maddigan, Mckechnie, Schwarzman, She's, Posner, he's, Helmut Weymar, Anne Atherton Organizations: Resilience, Business, Boston Globe, Getty, Estate, Nantucket, Coastal, Nantucket's Cisco, Cisco, Beach, Patriots, Yorker, Preservation Fund, Baxter, Conservation, Conservancy, The New York Times, Conservation Commission, Nature Locations: Nantucket, England, Cape Cod, Nantucket's, Madaket, Sconset, Brant, Baxter
A doctor said healthy food plans can help address high healthcare costs and chronic illness rates. Providing personalized recommendations for healthy food — along with information on how to prepare it and the resources to afford it — is fast becoming a trend in preventive healthcare. Healthy food can be hard to access and may not always fit the culinary traditions and eating habits people grew up with. "People think that a healthy diet has to cost more, a lot of the staples of a healthy diet are very inexpensive," he said. Cruciferous veggies are some of the most nutritious foods because they're high in antioxidants, which may help protect against cancer.
Persons: , Dexter Shurney, Shurney, Maya Garcia, who'd, Garcia, I've, they've, it's, Green, Cruciferous, we're, chia Organizations: Healthcare, Service, US Department of Health, Human Services, SNAP Locations: Foodsmart, Chicago
The result was the Mojave Desert Land Trust seed bank. In 2016, Mojave Desert Land Trust officially launched the seed bank project, which has since been described as a “Noah’s Ark” for southern California. A jar of seeds sits in one of three full refrigerators at the Mojave Desert Land Trust headquarters in Joshua Tree, California. Beau Molloy/CNN“We’ve already been able to provide seed to researchers who are studying the effects of climate change on specific species that we have in our seed bank,” Asbell adds. Beau Molloy/CNNRoughly 70,000 Joshua tree seeds are currently preserved in the seed bank, some of which could be planted in cooler locations, if needed.
Persons: birdsong, Madena Asbell, , ” Asbell, Asbell, Beau Molloy, Kelly Herbinson, ” Herbinson, hasn’t, Corina Godoy, Gerber, MDLT, CNN “ We’ve, Joshua, It’s, Seuss, Herbinson, , ” CNN’s Adeline Chen Organizations: CNN, Land Trust, MDLT, Land, Mojave, Conservation Board Locations: California, Texas, Colorado, Mojave, Joshua Tree , California
October, a speech-language pathologist for New York City Public Schools, started her journey toward financial independence a few years ago. October is one of many millennials who are working toward achieving financial independence, one of the main goals of the FIRE — financial independence, retire early — community. Some millennials who successfully achieved financial independence told BI that a traditional retirement is overrated. Advertisement"The whole time I've been thinking in terms of my financial independence as what I call single-player mode. She sees financial independence as an extension of her drive to fulfill passion projects.
Persons: , Shelly, she'll, she's, She's, millennials, They're, Scott Rieckens, Millennials, Oz Chen, he's, Oz Chen He's, hasn't, I'm, Chen, Gabriela Ariza, Ariza, David, Jill Pawley, Jilly Pawley, they'll, they've, It's, Jill Organizations: Service, New York City Public Schools, Business, Neighborhood Assistance Corporation of America Locations: Yonkers, New York City, Los Angeles, Illinois, Chicago, Rockford, Haiti, Michigan
The testimony of three university presidents before the House Education and the Workforce Committee in December has led to intense public scrutiny. Claudine Gay, Harvard’s president, gave similarly vague responses and faced backlash for weeks, culminating in her resignation in January. Lawyers who prepare clients to testify before Congress said that while there are risks to not appearing, it is always an option. And there are opportunities in negotiations with the committee that occur beforehand to avoid testimony that is likely to be disastrous. Failing to appear before a congressional committee voluntarily risks that lawmakers will demand your presence with a subpoena.
Persons: Elizabeth Magill, Claudine Gay, Nemat Shafik, Christopher Armstrong, , ” Mr, Armstrong, Organizations: Education, Workforce, University of Pennsylvania, Palestinian, Lawyers, Holland, Knight Locations: Columbia
Meanwhile, the details of our actual graduation ceremony became a mystery. Luckily, my high school decided to push our graduation to late July for an in-person ceremony. AdvertisementThose of us who persevered through the strange pandemic high school graduation are now graduating from college. The pandemic rippled throughout my college careerAfter my high school graduation, the awkward Zoom school years didn't end. After everything my class has been through, graduation felt more meaningful and lively.
Persons: , It'd, wasn't Organizations: Service, Sunrise, Business, New School, Gaza Locations: New Jersey, New York City
watch nowOutcomes for workers without a degree are improvingIn fact, young adults without a college degree are doing better than they have in years, according to Pew's analysis of government data. Since then, circumstances — and earnings — have continued to rise for workers with just a high school diploma or some college. Improving job opportunities for "new-collar" workers without a degree continues to drive more students away from college. Finishing college puts workers on track to earn a median of $2.8 million over their lifetimes, compared with $1.6 million if they only had a high school diploma, Georgetown's report found. Adults with at least a bachelor's degree report higher financial well-being than adults with lower levels of education, according to a Federal Reserve study on economic well-being of U.S. households.
Persons: Fry, , Hafeez Lakhani, There's, Pew, Paul Steiner Organizations: Labor, Georgetown University Center, Education, Federal, College, ECMC Group, Virginia's Fairfax County Public Schools, Community Education Locations: New York, York, U.S, Virginia's Fairfax County
New York CNN —The House Committee on Education and the Workforce’s hearing on campus antisemitism Thursday came with no shortage of fiery exchanges between lawmakers and the heads of Northwestern University, Rutgers University and the University of California, Los Angeles (UCLA). University heads can’t winNorthwestern President Michael Schill and Rutgers University President Dr. Jonathan Holloway negotiated with protesters rather than authorizing police to disband encampments, which UCLA Chancellor Gene Block ultimately did. Schill and Holloway were accused of being complicit with protesters, though some Democratic lawmakers found their approaches admirable. A bounty of lawyerly responsesIf you tuned in to Thursday’s hearing and thought the responses university heads gave were pre-rehearsed, it’s because they likely were. The three university heads at the hearing had the advantage of learning from the prior campus hearings.
Persons: Thursday’s, Michael Schill, Dr, Jonathan Holloway, Gene Block, Holloway, , Pramila, Block, Elise Stefanik, Schill, Rutgers ’ Holloway, UCLA’s, Liz Magill, Michael A, McCoy, Israel’s, “ Sir Organizations: New, New York CNN, Education, Northwestern University, Rutgers University, University of California, UCLA, University, can’t, Northwestern, Republican, , Rutgers, University of Pennsylvania, Workforce, Capitol Locations: New York, Los Angeles, Washington, Germany, Washington , DC
Julia Nikhinson | ReutersDischarging student debt in bankruptcy is now easierThe new guidance has already led to changes. In the first 10 months of the Biden administration's more lenient process, student borrowers filed more than 630 bankruptcy cases, a "significant increase" from recent years, it reported last year. Many borrowers are 'not aware' of changesYet Warren says more work still needs to be done. "More than 43 million borrowers in the United States carry a total of $1.6 trillion in student loan debt, and more than 2 million borrowers have been repaying those loans for at least 20 years," Warren and Whitehouse wrote. "DOJ and ED must work harder to encourage borrowers to seek relief — and deliver on that relief when requested," they added.
Persons: Elizabeth Warren, Julia Nikhinson, Biden, I've, Neu, Warren, Whitehouse Organizations: Intelligence, U.S, Capitol, CNBC, DOJ, The, of Justice and Education Department Locations: Washington, Seattle, United States
This satellite image shows Buthidaung, Myanmar, on January 17, 2024. © 2024 Maxar Technologies This satellite image shows Buthidaung, Myanmar, on May 18, 2024. This satellite image shows a damaged bridge in Buthidaung, Myanmar, on May 18, 2024. Warnings of further atrocitiesAn immediate concern is a humanitarian crisis in Rakhine state, with newly displaced residents unable to access food or clean water. The Myanmar military has blocked all access,” said Nay San Lwin.
Persons: Farooq, , Young, Volker Türk, Kyaw, , Buthidaung –, , John Quinley, Khaing, Lwin, Rohingya, Pan, Matthew Miller Organizations: CNN, Arakan Army, AA, Resource Management, Free Rohingya Coalition, International Court of Justice, Council, Myanmar, UN Human Rights Council, National Unity Government, Free Rohingya Coalition –, Maxar Technologies, , ” CNN, Bangladesh, Labs, Medecins, Rakhine . State Department, Unity Government Locations: Myanmar’s, Myanmar, Rakhine, Arakan, Bangladesh, Buthidaung, Lwin, Indonesia, San Lwin, Rakhine State
CNN —College athletes could soon get dramatically different paychecks. The lawsuitThe House v. NCAA lawsuit was filed by Grant House and Sedona Prince, two college athletes, against the NCAA and the Power 5 conferences – the Pac-12, Big Ten, Big 12, Southeastern and Atlantic Coast – in US District Court Northern District of California Oakland Division in 2020. But college athletes in the House lawsuit say current NIL rules and an “anticompetitive” college system hurt their chances to make money. The possible settlement comes against a backdrop of attitudes toward college athletes receiving payments gradually changing. Earlier this year, members of the Dartmouth College men’s basketball team became the first college athletes to vote to join a union, a significant milestone in the rapidly changing business for collegiate sports.
Persons: Grant, Caitlin Clark, Caleb Williams, NILs, Michael Reaves, , Chris Jones, ” Jeffrey Kessler, Kessler Organizations: CNN — College, National Collegiate Athletics Association, NCAA, Grant House, Sedona Prince, Big, of California Oakland Division, College, Football, Division, Department of Education, Supreme, Iowa, USC, Westmont, FMC, CNN, National Association of Collegiate, Athletics, Baylor Lady Bears, USA, Sports, Reuters, Yahoo Sports, Athletic, ESPN, ACC, Dartmouth College men’s Locations: Southeastern, Atlantic, California, U.S, United States
Young men without college degrees have been dropping out of the workforce for decades. On Thursday, the Pew Research Center released a report delving into whether a college degree is worth it. The report compares economic outcomes for young adults who've completed a college degree with those who have not. "Accompanying that wages were also bid up for non-college educated young men at that time." Fry added, "the rising rates of young men with criminal records" could be a reason given they could have a hard time finding work.
Persons: who've, it's, , Richard Fry, Fry, Pew, Gen, millennials Organizations: Service, Pew Research Center, Business, Labor, Bureau of Labor Statistics, Pew, Deloitte
In 2011, 86% of college graduates said their degree had been a good investment; in 2013, 70% of U.S. adults said a college education was "very important," according to Pew Research Center and Gallup surveys. Today, 29% of Americans say that college isn't worth the cost — and roughly half (49%) say having a four-year college degree is less important for landing a high-paying job today than it was 20 years ago, according to a new survey from the Pew Research Center. Only 22% of U.S. adults say the cost of getting a four-year degree today is worth it even if someone has to take out loans, Pew found. College graduates on average earn more than those without a four-year degree — but this so-called college wage premium is shrinking. A recent report from the San Francisco Federal Reserve found that the college wage gap peaked in the mid-2010s but declined by four percentage points in 2022.
Persons: Pew, Richard Fry Organizations: Pew Research Center, Gallup, U.S . News, College, San Francisco Federal Reserve, Economic, Institute, Pew, CNBC Locations: U.S
Konya: Turkey’s ancient city of whirling dervishes
  + stars: | 2024-05-22 | by ( Robert Iddiols | ) edition.cnn.com   time to read: +7 min
Konya, Turkey CNN —When most people think of Turkey bucket list destinations, a few obvious ones spring to mind - Istanbul, Turquoise Coast hotspots like Bodrum or the otherworldly landscapes of Cappadocia. As well as being a renowned Islamic scholar, Rumi launched the Mevlevi Order of the Whirling Dervishes. And while they can be seen in various locations across Turkey, Konya is the beating heart of their activities. Abdullah Çetín, a photographer based in Konya, says the city and region’s history is also what puts it on the map. Murat Oner Tas/Anadolu Agency/Getty ImagesKonya is also a jumping off point for Lake Tuz, a large hypersaline lake that lies about two hours’ drive northeast of the city.
Persons: , it’s, Celaleddin Rumi, Rumi, Maulana, , Kerem Polat, Adem Altan, Polat, , ” Polat, Abdullah Çetín, Çetín, Murat Oner Tas, Fahri Tunç, Tunç, , , ” Tunç, he’s Organizations: CNN, Turkey CNN, Getty, , Mevlana Museum, Anadolu Agency Locations: Konya, Turkey, Istanbul, Turquoise, – Konya, Adem, AFP, Sultanate of Rum, Balkh, Afghanistan, Mecca, Medina, Anatolia, mycan, Sille, Gevale, Rumi, Konya “, Lake Tuz, Salt, Tuz
Read previewAnother batch of student-loan borrowers has been approved for debt relief. On Wednesday, President Joe Biden's Education Department announced that it approved $7.7 billion in debt cancellation for 160,500 borrowers on Public Service Loan Forgiveness — which forgives student debt for government and nonprofit workers after 10 years of qualifying payments — or income-driven repayment plans. Specifically, according to the announcement, 66,900 borrowers are receiving relief through fixes to PSLF, 54,300 borrowers are receiving relief through the SAVE income-driven repayment plan, and 39,200 borrowers are receiving relief through one-time account adjustments to bring payments on income-driven repayment plans up to date. This provision forgives student debt for borrowers who originally took out $12,000 or less in student loans and made as few as 10 years of payments. "I will never stop working to cancel student debt — no matter how many times Republican elected officials try to stop us."
Persons: , Joe Biden's, Harris, Education James Kvaal, There's, Biden Organizations: Service, Joe Biden's Education Department, Public, Business, Education Department, Biden, Harris Administration, Education, Republican
Khan Academy CEO on how AI will change education
  + stars: | 2024-05-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKhan Academy CEO on how AI will change educationSal Khan, CEO of Khan Academy, joins CNBC's 'The Exchange' to discuss the academy's partnership with Microsoft, the outcomes students will see from AI, and more.
Persons: Sal Khan Organizations: Khan, CEO, Khan Academy, Microsoft
The media line fed to the public about weeks of protests at Columbia — and the administrative crackdown that followed — has been selective at best. Columbia students have made clear that that’s what drives their protests. Why, even as numerous students at Columbia and elsewhere have been doxxed, harassed and bullied, were no congressional hearings called? But if Columbia students didn’t care about their university and the values it claims to uphold, they wouldn’t have risked so much with their protests. By the same token, if students didn’t care about our country, they wouldn’t protest so vocally against its policies.
Persons: Haroon Moghul, I’ve, , What’s, we’ve, Minouche Shafik, Shafik, aren’t, maters Organizations: The Concordia Forum, CNN, Columbia University’s Department of, Studies, Columbia, Columbia University, Columbia —, UCLA, Israel, Police, Ivy League, America, Twitter, Facebook Locations: Islam, Eastern, Europe, Columbia, Gaza, Washington , DC, America
President Biden announced on Wednesday the cancellation of $7.7 billion in student loans held by 160,000 borrowers, building on his strategy of chipping away at college debt by tweaking existing programs as his administration pursues a larger forgiveness plan. Many borrowers in this round — who qualified through public service loan forgiveness, the president’s SAVE plan or another income-driven repayment plan — have already begun receiving emails notifying them of their approvals, the Education Department said in a statement. The steady drumbeat of loan forgiveness announcements from the White House this year has become a centerpiece of Mr. Biden’s re-election pitch, in which he has consistently described overcoming the cost of education as a primary hurdle for working families. “From Day 1 of my administration, I promised to fight to ensure higher education is a ticket to the middle class, not a barrier to opportunity,” the president said in a statement.
Persons: Biden, Biden’s Organizations: Education Department
Johannesburg, South Africa CNN —South Africans go to the polls on May 29 for what will likely be the most pivotal general election since the end of apartheid. This is the seventh general election South Africa has held since the end of white minority rule 30 years ago. South Africa general election 101 • South Africa uses a “proportional representation” system. This year South Africa received its lowest score on Transparency International’s Corruption Perception Index. Democratic Alliance (DA) party leader Johan Steenhuisen speaks to supporters during a party event on May 9, 2024, in Soweto, South Africa.
Persons: Nelson Mandela, Cyril Ramaphosa, Jacob Zuma, What’s, Ramaphosa –, , , Ramaphosa, , John Steenhuisen, Johan Steenhuisen, Anders Pettersson, Zuma, Julius Malema, Malema, Floyd Shivambu, Steenhuisen Organizations: South Africa CNN, National Congress, ANC, Independent Electoral, , , Democratic Alliance, White South, Party Charter, uMkhonto weSizwe Party, Economic, Fighters, EFF, MK, Finance, Constitutional, Social Research Foundation Locations: Johannesburg, South Africa, Africa, China, Cuba, Soweto
This led to me making and selling icons and wallpapers, which was my first experience making money online. I decided not to go to university and instead make money onlineDespite my parents' typical concerns about formal education, I convinced them to give me a year to try making money online before considering university. AdvertisementMy themes became popular, and in 2014, I was approved to sell them on Tumblr's official online store, which significantly increased my income. I expanded my income streams after leaving the startupI started an online store called ULX Store in 2018 to sell my designs and other products. My approach to online business emphasizes starting with one main income stream and then using the earnings from that to diversify into other areas.
Persons: , Oliur Rahman, wouldn't, Plasso, I'm Organizations: Service, Business, XDA Developers, GoDaddy, YouTube Locations: Dubai
U.S. President Joe Biden delivers remarks regarding student loan debt forgiveness in the Roosevelt Room of the White House on Wednesday August 24, 2022. The Biden administration said on Wednesday that it would forgive $7.7 billion in student loans for more than 160,000 borrowers, its latest effort to reduce the burden of education debt on households. "The Biden-Harris Administration remains persistent about our efforts to bring student debt relief to millions more across the country," said Education Secretary Miguel Cardona in a statement. Wednesday's loan forgiveness includes $5.2 billion for 66,900 borrowers pursuing Public Service Loan Forgiveness, and $1.9 billion for 39,200 people enrolled in income-driven repayment plans. That option leads to student loan forgiveness after 10 years for those who originally borrowed $12,000 or less.
Persons: Joe Biden, Biden, Harris, Miguel Cardona Organizations: White, U.S . Department, Public, Biden, Harris Administration, Valuable Education
Investors hunting for income ought to look to small-cap stocks for a few high-quality dividend payers, according to Bank of America. There are names within it that offer quality dividend yields, according to Jill Carey Hall, equity strategist at Bank of America, in a Monday research report. Further, once the Federal Reserve begins cutting rates, yields paid on cash will fall, and that will make these dividend payers even more attractive for income. Finally, Bank of America added Essential Properties Realty Trust to its list of buy-rated dividend payers. The stock has a dividend yield of 4.2%, and shares are up 7.5% in 2024.
Persons: Russell, Jill Carey, Peter Galbo, Utz, Alton Stump, Stump, Nick Joseph Organizations: Bank of America, Nasdaq, Federal Reserve, Brands, Properties Realty Trust, Citi Locations: West, Midwest, Southwest, Hanover , Pennsylvania, comps
For the fourth time in six months, the Republican-led House Committee on Education and the Workforce is summoning school leaders to Washington to be questioned about accusations of antisemitism at their institutions. This time, on Thursday, the committee’s focus will be on how three diverse universities reacted when pro-Palestinian encampments sprung up on their lawns as part of an international wave of student activism against the war in Gaza. Two of the schools whose leaders will testify — Northwestern and Rutgers — made deals with protesters to end their encampments peacefully. Representative Virginia Foxx, the chairwoman of the committee, has blasted Rutgers and Northwestern for negotiating with the demonstrators, whose views she has described as antisemitic and supportive of terrorism. But she has also derided U.C.L.A.’s chancellor for calling the police too late, saying he allowed his campus to become a “severe and pervasive hostile environment for Jewish students.”
Persons: , Rutgers —, Representative Virginia Foxx, U.C.L.A, , Organizations: Republican, Committee, Education, Rutgers, University of California, Representative, Northwestern Locations: Washington, Gaza, — Northwestern, Los Angeles
Things are so bad that even tech workers, who make some of the highest salaries of any profession, are feeling the crunch. Entry-level tech workers made an average of $75,262 in 2023, and could only afford 2.1% of studio and one-bedroom rental apartments in the city, StreetEasy found. "If these tech employees can't afford housing, then who can?" But even as New York City has created 800,000 new jobs in the last 10 years, it's only built 200,000 new homes. The average tech worker makes 52% more per year than the average worker in New York City, the StreetEasy report noted.
Persons: StreetEasy, Julie Samuels, Samuels, , Kenny Lee, Eric Adams, Kathy Hochul, Hochul, Adams Organizations: Service, Apple, Business, Tech, New York City, New York State Department of Labor, York City, New York, Yorkers Locations: New York, Manhattan, York City, San Francisco, New York City, StreetEasy, Yorker, York
The 2024 list is out — and the best cities to live in are mostly in the South and the Midwest. AdvertisementThis year's top spots include a few cities consistently ranked among the best places to live, including booming Boise, Idaho, sandstone-hued Colorado Springs, and the southern banking hub of Charlotte, North Carolina. In addition to the availability of jobs and housing, US News & World Report places a strong emphasis on the overall standard of living in each area. AdvertisementAccording to US News & World Report, here are the 15 best places to live in the US. In these spots, residents are pretty satisfied with their lives, homes are relatively affordable, and there are plenty of jobs.
Persons: , Louis, glamor Organizations: Service, Business, Federal Reserve Bank of St, US News Locations: United States, Boise , Idaho, Colorado, Charlotte , North Carolina, Austin , Texas, Carolina, Greenville, Charleston , South Carolina, Naples , Florida, Naples
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