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☆ A Harvard education costs over $82,000 a year—here's how much students actually pay
▼ + stars: | 2024-05-12 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +3 min

Going to an Ivy League institution like Harvard University can pay off in the long run. Before they get there, though, Harvard students have a steep price to pay. However, many students pay far less than the sticker price. Over half — 55% — of Harvard undergraduates receive institutional scholarships, according to the school, and 24% of Harvard families pay nothing after aid and grants. Students who receive federal financial aid pay an average of $19,500 a year to attend Harvard, according to the College Scorecard.

Organizations: Ivy League, Harvard, Department, Education's, Stanford University , Massachusetts Institute of Technology, Duke University and University of Chicago

☆ New York Democrat who sharply criticizes Israel faces ouster threat
▼ + stars: | 2024-05-12 | by ( Edward-Isaac Dovere | Manu Raju | ) edition.cnn.com time to read: +16 min

By December, he was standing with hunger strikers outside the White House, upping his criticism of the actions in Gaza. Shelley Mayer, a state senator whose district largely overlaps with the congressional district, initially backed Bowman. New York state Sen. Shelley Mayer at a state Senate Judiciary Committee hearing in April 2023, in Albany. Explaining how his response to the Israel-Hamas war fits his district, Bowman cited a poll conducted by his campaign that he claimed showed an overwhelming majority in his district support a permanent ceasefire. The Democratic Majority for Israel (DMFI) has endorsed Latimer and is expecting to spend to boost him.

Persons: Jamaal Bowman’s, Manu Raju ”, Jamaal Bowman, Israel’s, Israel, Bowman, upping, He’s, Benjamin Netanyahu, Joe Biden, Netanyahu, Shelley Mayer, George Latimer, Sen, Hans Pennink, ” Mayer, “, ”, We’ve, ” Bowman, Rashida Tlaib, Jonathan Jackson, Cori Bush, Nathan Howard, Biden, Chuck Schumer, –, New Yorker, Usamah Andrabi, Jeenah, Latimer, Jimmy Carter, Hakeem Jeffries, Kevin Riley, Riley, Israel doesn’t, ” Latimer, he’s, he’d, ‘, ’ ” Bowman, Amy Paulin, it’s, ” Paulin, Jamaal, Mandel Ngan, Latimer hasn’t, Patrick Dorton, Jeremy Ben, Ami, Ben, ” Ben, Steny Hoyer, Hoyer, ” Hoyer Organizations: CNN, Democrat, United Nations, J, New York Democrats, Democratic, Westchester, Republican, Capitol, Fox News, ”, Reps, House, Iron, Democratic Socialists, America’s, Michigan Rep, Palestinian, Israel, American Israel Public Affairs Committee, New, George Latimer voters, Democrats, Washington Post, House Democratic, Conservative, Getty, Jewish Voters, Empowerment, Black, AIPAC, PAC United Democracy, Democratic Party, ” Maryland Locations: Gaza, Bronx, Westchester County, That’s, New York, Washington, Israel, Washington groaned, George Latimer . New York, Albany, Palestine, Palestinian, York, Palestinian American, ”, White Plains , New York, Yonkers, Rye, Brooklyn, Westchester, Scarsdale, Washington ,, AFP

☆ ‘Civil War’ sends a message that’s more dangerous than the violence it depicts onscreen
▼ + stars: | 2024-05-12 | by ( John Blake | ) edition.cnn.com time to read: +15 min

In “Civil War,” tanks trample democracy. But the messages they send may be more dangerous than the violence depicted onscreen: The collapse of democracy is inevitable. In the film, Humphrey Bogart plays Rick, the cynical owner of a Moroccan nightclub at the onset of World War II. John Springer Collection/Corbis Historical/Getty ImagesOther World War II-era films like “Don’t be a Sucker,” which emphasized racial and religious tolerance in America, emphasized the same message. The box office success of “Civil War” ensures, though, that more “American carnage” stories are likely headed our way .

Persons: Yuval Noah Harari, Harari, Volodymyr Zelensky, ”, Alex Garland’s “, Donald Trump, Casablanca ’, Humphrey Bogart, Rick, “ We’ll, Dooley Wilson, Ingrid Bergman, Everett, Rick —, Adolf Hitler’s, Democracy’s, Cristóbal, Berry, “, Frank Capra, Frank Sinatra, Sinatra, ” Frank Sinatra, John Springer, Kermit Roosevelt III, Roosevelt, ” Roosevelt, Reagan, Obama, Ronald Reagan, Barack Obama —, Diana Walker, ” Reagan, Reagan’s, Barack Obama, Chuck Kennedy, Trump, hasn’t, Walt Whitman, Whitman, ” Whitman, ” Read Whitman, ” Walt Whitman, Ian Beacock, ” Beacock, Beacock, Ivan Illich, ” Kirsten Dunst, John Blake Organizations: CNN, Casablanca, paragon, Library of Congress, Nazi, Convention, Former, Lions, Hulton, “ Locations: Russia, Ukraine, Ukrainian, Russian, America, United States, “, Casablanca, Moroccan, Adolf Hitler’s Nazi, Nazi, Charlottesville , Virginia, Vietnam, Kansas, Kenya, Denver , Colorado, Austrian, China

☆ Gig work is the new Ellis Island for immigrants looking for work. But many drivers feel trapped in the long hours and low pay.
▼ + stars: | 2024-05-12 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +12 min

Immigrants nationwide are relying heavily on gig work driving for Uber and Lyft to make ends meet. AdvertisementThe major ride-hailing companies told BI they aim to support immigrant drivers. BI spoke with a dozen immigrant Uber and Lyft drivers who moved to South Florida from countries including Cuba, El Salvador, Haiti, and Venezuela. Dozens of ride-hail drivers from across the country who spoke to BI over the last few months said they've recently noticed more immigrant drivers on the apps. AdvertisementDespite the challenges of earning enough, some drivers are set on perfecting strategies to make driving work for them.

Persons: Uber, —, Rodolfo, He's, he's, Katie Wells, Ellis, Wells, they've, she's, Edgar, didn't, hasn't, Alex, haven't, Eliezer, Carlos, Nicanor Organizations: Service, Ipsos, McKinsey, Georgetown University, International Rescue, Immigrants, Economic, The Washington Post, New York, Deliveristas Unidos, BI, Uber, Amazon, Miami, downtown Locations: South Florida, Venezuela, Washington, DC, Cuba, El Salvador, Haiti, New, Miami, Haitian, Nicaragua, Miami Beach, New York, downtown Miami

☆ Spain’s Socialists Win Catalan Vote Dominated by Amnesty for Separatists
▼ + stars: | 2024-05-12 | by ( Rachel Chaundler | ) www.nytimes.com time to read: +1 min

Spain’s governing Socialist party emerged on Sunday as the winner of regional elections in Catalonia that had been widely seen as a litmus test for Prime Minister Pedro Sánchez’s polarizing amnesty measure for separatists. The Socialists are celebrating what they claim is a momentous victory, though they did not clinch enough seats to govern on their own. They most likely face weeks of bargaining, and possibly a repeat election if no agreement is reached. But for the first time in over a decade, they may be able to form a regional government led by an anti-independence party. On Sunday, his party got only 42, meaning he will have to seek support from the pro-independence party Esquerra Republicana de Catalunya (Catalan Republican Left) and the left-wing Comuns.

Persons: Pedro Sánchez’s, Salvador Illa, Illa, Esquerra Organizations: Socialist, Socialists, Catalans, Republican Left Locations: Catalonia, Barcelona

☆ College Protests Live Updates: Schools Brace for More Commencement Disruptions
▼ + stars: | 2024-05-12 | by ( Yan Zhuang | ) www.nytimes.com time to read: +10 min

At Morehouse College in Atlanta, discontent over the Gaza war has played out relatively quietly, in classrooms and auditoriums rather than on campus lawns. “This should not be a place that cancels people regardless of if we agree with them,” David Thomas, the Morehouse president, said in an interview on Thursday. Mr. Richmond does not think Mr. Biden will face protests. “The Morehouse College graduation, at least as I remember it, is a very solemn event,” he said. Roughly 75 percent of students at H.B.C.U.s, including 50 percent of Morehouse students, are eligible for the Pell Grant, a federal aid program for low-income students.

Persons: Biden, Kamala Harris, Biden’s, Stephen K, Morehouse —, Martin Luther King Jr, ’, ” David Thomas, Christian Monterrosa, Morehouse, Cedric Richmond, Richmond, “, ”, That’s, Harris, Mekhi Perrin, ” Mr, Perrin, Mr, King, Benjamin Bayliss, Dr . King, Morehouse ”, Pell Grant, Dillard, Walter Kimbrough, Young, Donald J, Freddrell Rhea Green II, Donald Trump, ” “ Joe Biden, Samuel Livingston, Auzzy, Byrdsell, Raphael Warnock of, Warnock, ” Kitty Bennett Organizations: Morehouse College, Morehouse, White House, Black, Democratic Party, The New York Times, White, Democratic National Committee, Mr, Howard University, Gaza, George Mason University in, “ Morehouse, Dillard University, Trump, “, West Bank, Credit Locations: Atlanta, Gaza, Morehouse, George Mason University in Virginia, ”, H.B.C.U.s, Columbia, New Orleans, Palestinian, Raphael Warnock of Georgia

☆ Saudi Arabia's Neom is looking to fill 262 job vacancies. The roles show just how futuristic the megacity could be.
▼ + stars: | 2024-05-12 | by ( Polly Thompson | ) www.businessinsider.com time to read: +7 min

Saudi Arabia's sprawling megacity, Neom, is billed as a chance to live in the "new future." AdvertisementOfficials say Neom will be a "cognitive city." The chosen candidate will control and operate the fish laboratory, ensuring high standards of fish welfare and supporting surveillance and investigation activities into fish health and disease control. Developers have said they want the island resort Sindalah to act as an "exclusive gateway to the stunning Red Sea." An image showing a nighttime view of mountains in the region in northwest Saudi Arabia where planners say Neom will be built.

Persons: —, Neom, Prince Mohammed bin Salman's, Neom's Organizations: Service, Tech, NEOM Community School Locations: Saudi, Saudi Arabia, Tabuk, Sindalah, Gulf, Aqaba, Neom, Oxagon

☆ Students Walk Out in Protest at Duke Before Seinfeld Speech
▼ + stars: | 2024-05-12 | by ( Maya Shwayder | ) www.nytimes.com time to read: +10 min

“The Morehouse College graduation, at least as I remember it, is a very solemn event,” he said. Dr. King said it was a place where he had advanced his understanding of nonviolent protest and moral leadership — which current Morehouse students say they take seriously. Roughly 75 percent of students at H.B.C.U.s, including 50 percent of Morehouse students, are eligible for the Pell Grant, a federal aid program for low-income students. More than 80 percent of Morehouse students receive some form of financial aid. Some students at Black colleges also may decide against protesting because of family pressure, which amplifies the importance of securing their degrees.

☆ The most in-demand work-from-anywhere jobs companies are hiring for in 2024—they're not all in tech
▼ + stars: | 2024-05-12 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

Remote work opportunities have fluctuated since the start of the Covid-19 pandemic but FlexJobs has seen a slight uptick in the companies actively recruiting for work-from-anywhere positions. To help job-seekers find the best remote, flexible gigs, FlexJobs has identified the most in-demand work-from-anywhere jobs companies are hiring for by analyzing its database for the work-from-anywhere jobs with the highest volume of postings between January and April 2024. Such jobs, however, are increasingly competitive to land, only accounting for about 5% of all remote roles, FlexJobs reports. Most remote jobs have location requirements, mainly due to state and federal regulations that dictate where companies can hire people and do business. If you're hoping to land a work-from-anywhere job, Spencer recommends highlighting in-demand soft skills that commonly appear in remote job ads, including project management and adaptability, on your resume and LinkedIn profile.

Persons: FlexJobs, Keith Spencer, Spencer, Slack Organizations: CNBC, Microsoft

☆ Chinese consumer stocks to buy even if the overall market rally fades
▼ + stars: | 2024-05-12 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

It's now focused on finding industry leaders with high free cash flow. Hong Kong-based AlphaHill Capital is looking specifically for Chinese consumer names with free cash flow growth, said Siliang Jiang, the firm's partner and portfolio manager. Jiang expects the Chinese consumer will start to turn around in the second half of this year or next year. China's "Consumer Confidence Index (CCI) edged up in the past 9 months, despite falling property prices and fears of 'household balance sheet recession '. Two of their picks based on positive free cash flow are Li Auto and New Oriental Education .

Persons: Ding Wenjie, Ding, It's, Siliang Jiang, Jiang, Li, Liqian Ren, Ren, — CNBC's Michael Bloom Organizations: Citi, China Asset Management Co, CNBC, Investors, China Merchants Securities, Baidu, Bank of America, Li Auto, New Oriental, Speed Railway, WisdomTree, Reuters Locations: China, India, Hong Kong, Tencent, Beijing, Shanghai, Shanghai . State

☆ Apple Store workers in Maryland vote to authorize strike
▼ + stars: | 2024-05-12 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Apple Store workers in Towson, Maryland, the first of the tech giant’s retail employees to unionize, made history again by voting late Saturday in favor of authorizing a strike. “We deeply value our team members and we’re proud to provide them with industry leading compensation and exceptional benefits.”The union at the Towson store has not disclosed what date members would strike. Apple employees at the Mall at Short Hills store in New Jersey voted against unionizing on Saturday, according to Bloomberg. The union, known as the Communications Workers of America, alleged Apple engaged in illegal union-busting activity and blamed the defeat on the Apple’s tactics. The labor wave hitting Apple retail stores echoes the mass organizing that began at other influential companies in the United States, such as Starbucks and Amazon.

Persons: ”, Apple, “, unionizing, ” Kate Bronfenbrenner, CNN’s Ramishah Maruf Organizations: New, New York CNN, Apple, International Association of Machinists, Aerospace Workers Coalition, Retail Employees, IAM CORE, ” Employees, CNN, Towson, Bloomberg, Communications Workers of America, CWA, Labor, National Labor Relations Board, Labor Education Research, Cornell’s School of Industrial and Labor Relations Locations: New York, Towson , Maryland, Towson, Baltimore, Short, New Jersey, Washington, China, New York City, United States

☆ The restaurant stocks that are killing it in this market have one thing in common
▼ + stars: | 2024-05-12 | by ( Jim Cramer | ) www.cnbc.com time to read: +17 min

When a company performs well and I interview its CEO on CNBC, I consider the stock's performance before fashioning my questions. Maybe the company had been poorly run and the guest is a new CEO who is turning it around. Once Wood picks a stock, that company can do no wrong, which is code for she can do no wrong. And take it from me, an old Mexican restaurant veteran, it travels better than any other restaurant chain. We should have just bought Dutch Bros. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.)

Persons: Albert Manifold, Rather, That's, Chris Gibson, Jensen Huang, Huang, Gibson, Cathie Wood, Wood, that's, Brinker, Chipotle, Chipotle execs, Taco Bell, isn't, Yum, McDonald's, Laxman Narasimhan, Howard Schultz, let's, Narasimhan, Joe, Locker, Jim Cramer's, Jim Cramer, Jim, Al Drago Organizations: CNBC, Pharmaceuticals, Nvidia, ARK, Gallup, Darden, Diageo, Brands, KFC, Taco, Taco Bell, Texas, Starbucks, Management, Bros, Dutch Bros, Jim Cramer's Charitable, Starbucks Corp, Health, Education, Labor, Bloomberg, Getty Locations: United States, U.S, Dublin, Ireland, Europe, Texas, Olive, East, Israel, Washington , DC

☆ I make $160,000 a month in passive income and work under 5 hours a week: The No. 1 thing I tell people who want to build successful side hustles
▼ + stars: | 2024-05-12 | by ( Graham Cochrane | ) www.cnbc.com time to read: 1 min

Back in 2009, like so many during the Great Recession, I got laid off. Today, I have built two online businesses, a music education company and a business coaching brand, and I make around $160,000 a month in passive income and work less than five hours a week. DON'T MISS: The ultimate guide to earning passive income onlineI've learned a lot about what it takes to create a highly profitable business. I have shared my knowledge with over 3,000 clients, and I even wrote a book about my experience. So if you want to start a side hustle, this is the No.

Persons: I've

☆ Gen Z students lead pro-Palestine demonstrations while their Boomer professors see parallels to past protest eras
▼ + stars: | 2024-05-12 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +9 min

At Indiana University, protesters say they've been met with a militarized response from police. AdvertisementOn April 25, a day after Indiana University made a controversial change to its protest policies, students built an encampment on the school's Dunn Meadow. Isabella Volmert/AP PhotoShe joined the campus protests on April 25 alongside her husband, an IU staff member. From Vietnam to the Israel-Hamas WarWhen Dunn Meadow was established in 1969, official university policy dictated that overnight encampments were not allowed. AdvertisementThe Indiana University Police Department did not immediately respond to a request for comment from BI.

Persons: they've, —, Dunn, Pamela Whitten, Whitten, Barbara Dennis, Isabella Volmert, Dennis, Jia Wu, haven't, Z Bryce Greene, Greene, Jeremy Hogan Organizations: Indiana University, Service, Business, Indiana University's School of Education, Occupy, IU, New York Times, Columbia, City College of New, Hamilton Hall, Columbia University, Getty, College, Kent State University, Ohio National Guard, Indiana University Police Department, Palestine Solidarity Committee, Naval Surface Warfare, University, Indiana University's, Faculty, UNICEF Locations: Israel, Vietnam, Gaza, Dunn, Iraq, City College of New York, New York City, AFP, Kent, Palestine, Crane , Indiana, Indiana

☆ Schools are bracing for widespread teacher layoffs. Here’s why
▼ + stars: | 2024-05-11 | by ( Katie Lobosco | ) edition.cnn.com time to read: +6 min

The funds must be used by the end of September, creating a sharp funding cliff as schools also struggle with widespread enrollment declines and inflation. Many districts have warned of layoffs as the current school year comes to a close and next year’s budgets are planned. Not only is the federal funding ending, but enrollment at the district’s schools has fallen by nearly 500 students – or roughly 5% – since 2019. Pandemic aid comes to an endAfter the Covid-19 pandemic hit in 2020, Congress authorized three rounds of federal funding to help K-12 schools respond. But that’s partly because some districts, flush with pandemic funding, have been adding positions while enrollment in public schools has been declining nationally.

Persons: Joe Biden, Micah Hill, Hill, Leslie Torres, Rodriguez, ”, Dan Goldhaber, –, Chad Aldeman, Heather Peske, Peske, it’s, ” Peske Organizations: Washington CNN — Schools, Public Schools, CNN, Hartford Public Schools, Secondary School Emergency, “, National Council Locations: Missoula , Montana, Missoula, Arlington , Texas, Hartford , Connecticut, Hartford, –, CALDER, Washington

☆ Connecticut takes aim at the college affordability crisis — 'We're trying to do everything we can,' governor says
▼ + stars: | 2024-05-11 | by ( Jessica Dickler | ) www.cnbc.com time to read: +4 min

Hartford, Connecticut Sean Pavone | Istock | Getty ImagesWhen it comes to improving access to higher education, each state is largely left to its own devices. Connecticut, for example, recently rolled out several programs to establish pathways to college and lower the debt burden. Free college program"We're trying to do everything we can to make education less expensive to start with," Lamont said. Like a growing number of states, Connecticut recently introduced a free tuition program for students attending community college either full- or part-time. In Connecticut, students receive "last-dollar" scholarships, meaning the program pays for whatever tuition and fees are left after federal aid and other grants are applied.

Persons: Hartford , Connecticut Sean Pavone, Anthony Carnevale, Ned Lamont, Here's, Lamont, Joe Biden, Terrence Cheng, Sandy Baum, Baum Organizations: Istock, Georgetown's Center, Education, Workforce, CNBC, Free, Finance, Harvard, State Colleges, Urban Institute's Center Locations: Hartford , Connecticut, Connecticut, , Connecticut

☆ Opinion | A Failure of Leadership at American Universities
▼ + stars: | 2024-05-11 | by ( The Editorial Board | ) www.nytimes.com time to read: +2 min

Protesting the world’s wrongs has been a rite of passage for generations of American youth, buoyed by our strong laws protecting free speech and free assembly. The highest calling of a university is to craft a culture of open inquiry, one where both free speech and academic freedom are held as ideals. The Constitutional right to free speech is the protection against government interference restricting speech. In the real world, though, this can get messy, and nuance is required when free speech comes into tension with protecting academic freedom. The earliest universities to adopt the principle of academic freedom did so to thwart interference and influence from totalitarian states and religious zealotry.

Organizations: don’t, American Association of University Locations: Israel

☆ 5 people share the different ways they landed jobs at Big Tech companies
▼ + stars: | 2024-05-10 | by ( Ella Hopkins | Shubhangi Goel | ) www.businessinsider.com time to read: +6 min

Read previewGetting a foot in the door at one of the four Big Tech companies — Meta, Google, Apple, and Amazon — can require years of training, an expensive education, and many interviews. Business Insider spoke to five people who landed jobs at Big Tech companies about how they learned the skills and experience that landed them the role — and how they showcased those skills during the interview. AdvertisementGriffin worked as a software engineer for Rotten Tomatoes, Vox, and Shopify before applying for jobs at Apple four times. Griffin landed a role as a software engineer at Apple and worked at the company for two years. "I took it to get my foot in the door of a Big Tech company and build credibility," he told BI.

Persons: —, Corey Griffin, Apple Corey Griffin, Griffin, Vox, tara Larsen, Tara Larsen, Larsen, Sahil Gaba, Sandeep Rao, Big Tech Sandeep Rao, Rao, Zubin Pratap, Pratap, he'd Organizations: Service, Big Tech, — Meta, Google, Apple, Business, C3G Media, Rotten, Amazon, Gaba, BI, Meta, Oracle, Carnegie Mellon University Locations: Big Tech, Amazon, India

Abuja, Nigeria CNN —The Duke and Duchess of Sussex landed in Nigeria on Friday, launching a three-day private visit to the West African nation, where they will meet with wounded soldiers and visit local charities, officials said. My husband was excited to jump up!” Meghan told cheering students in the school’s hall. Kola Sulaimon/AFP/Getty ImagesPrince Harry and Meghan were invited to Nigeria by the chief of defense staff, Christopher Musa, the country’s highest-ranking military official. The couple’s hosts, the Nigerian Defence Headquarters, are keen to be involved further in the Invictus Games and to be part of the wider Invictus community. Effiom Antigha, captain of Team Nigeria, told CNN last year that the games gave him a new lease on life.

Persons: Duke, Duchess of Sussex, Marshal Abidemi Marquis, “ We’re, ” Meghan, Harry, ”, Kola Sulaimon, Prince Harry, Meghan, Christopher Musa, Marquis, Oyeyemi Aderibigbe, “, Ife, Etti, ’, Ngozi, Bola Tinubu, Richard Montgomery, ” Cpl, Effiom Antigha Organizations: CNN’s Royal, Nigeria CNN, Invictus, Air, Nigerian Defence Headquarters, Lightway Academy, GEANCO Foundation, Getty, CNN, Invictus Games, World Trade Organization, Israel, Team Nigeria, Foundation Locations: Abuja, Nigeria, West African, Kola, AFP, Lagos, Nigerian, London, Los Angeles, Kaduna State, Germany, Colombia

University commencement season in New York City starts on Friday, in a climate that is anything but normal. At N.Y.U., dozens of graduate student workers are threatening to withhold grades if the university does not remove police officers from campus. Nemat Shafik, Columbia’s president, announced on Monday that the school was canceling its main commencement ceremony, largely for security reasons. will hold its large commencement ceremony at Yankee Stadium next Wednesday. The New School will hold its commencement at Louis Armstrong Stadium in Queens next Friday.

Persons: Nemat, Shafik, ”, Zohar Ford, Dr, “, ” “ Organizations: University, Fashion Institute of Technology, City College, Fordham University, The New School and Columbia, Columbia, School of Professional, School of Social, Yankee, New, Louis Armstrong, Low Library, Hamilton Hall, Financial Times Locations: New York City, Israel, N.Y.U, Gaza, Queens, Morningside, Hamilton, “, Columbia

☆ A Pause for the Public Service Loan Forgiveness Program
▼ + stars: | 2024-05-10 | by ( Ann Carrns | ) www.nytimes.com time to read: +1 min

The Education Department has paused the processing of applications for student loan forgiveness by borrowers who work in public service jobs for about two months as it updates its systems and seeks to fix the problems plaguing its forgiveness program. The pause for the Public Service Loan Forgiveness program began May 1, the department’s Office of Federal Student Aid said. Borrowers can still submit applications and all other forms, like those documenting their eligibility, but they won’t be processed until the pause ends in July, the office said. In a recent blog post, it called the changes “an exciting and necessary step” that would lead to faster reviews of applications. During and after the pause, the 2.2 million borrowers working toward loan forgiveness in the public service program will continue to make loan payments on their assigned loan servicer’s website, the department said.

Organizations: Department, Public, Federal Student Aid, Education Department

☆ India election and economy: Meet the winners of rising power’s boom
▼ + stars: | 2024-05-10 | by ( Jessie Yeung | Noemi Cassanelli | ) edition.cnn.com time to read: +14 min

Mumbai, India CNN —As Indians head to the polls in a massive ongoing nationwide election, much attention has focused on the country’s explosive growth under Prime Minister Narendra Modi’s leadership. There is expected to be 740 million active smartphone users in India by 2030, according to EY India. “I wanted to make similar shoes that were printed with ‘Made in India,’” Shah says. After four years of trial and error, Shah Shoes was born. Some 17 years on, Shah Shoes has helped support his family back in Bihar, including six siblings.

Persons: Narendra Modi’s, — Modi, Javed Khatri, Noemi Cassanelli, he’d, Khatri, “, ”, –, ’, Apoorva Mukhija, —, Instagram, Mukhija, ” Mukhija, That’s, she’s, she’d, Jameel Shah, CNN Jameel Shah, Shah, wasn’t, CNN Shah, Kylie Minogue, ” Shah, ‘, ’ ” Shah, Shah Shoes, Priyanka Chopra, Katrina Kaif, He’s, Modi’s Organizations: India CNN, Bharatiya Janata Party, BJP, CNN, EY, World Bank, Facebook Locations: Mumbai, India, “, Bangalore, Silicon, ”, EY India, Dubai, London, California, …, Delhi, Bihar, India’s, Dharavi, Australian

☆ The next union organizing wave is at Apple
▼ + stars: | 2024-05-10 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +7 min

Apple store workers in Towson, Maryland, made history in June 2022 when they voted to form the first union at one of the tech giant’s sleek US stores. But the union vote in New Jersey this weekend, along with other efforts across the country, could just be the beginning. The Apple workers (possibly) going on strike is going to be a spark for other workers,” Bronfenbrenner said. Workers at the Towson Town Center Apple hold their new union T-shirts after their store employees decided to join the International Association of Machinists Union. Theirs is the first Apple store in the US to vote for union representation.

Persons: Apple, ” Kate Bronfenbrenner, ” Bronfenbrenner, Jay Wadleigh, Barbara Haddock Taylor, Bronfenbrenner, There’s, “, ”, Catherine Thorbecke Organizations: New, New York CNN, Apple, Big Tech, US, Employees, National Labor Relations Board, Labor Education Research, Cornell’s School of Industrial and Labor Relations, Oklahoma City, Towson, CNN, Maryland Apple, International Association of Machinists, Aerospace Workers Coalition, Retail Employees, Workers, Towson Town Center Apple, Baltimore Sun, Tribune, Service, Getty Images, Google, Union, NLRB, World Trade, US Labor Board Locations: New York, Washington, China, Towson , Maryland, Baltimore, Maryland, New Jersey, New York City, United States, International Association of Machinists Union, Short Hills, Atlanta, Cupertino , California

☆ You just heard your college-bound child is getting less aid than you hoped. Now what?
▼ + stars: | 2024-05-10 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +8 min

New York CNN —The good news is your child got into college and is preparing to enroll this fall. The bad news is that you’ve just learned the aid package your child’s school is offering is much smaller than you’d hoped. Over four years of college, students can take out a total of up to $27,000. “That’s cash-flow friendly while your child is in college,” Walker said. Also, Bogardus suggests checking to see if your state offers a tuition aid plan or subsidized loan rates for educational expenses.

Persons: you’ve, sobering, ”, Beth Walker, “, ” Walker, they’ve, Joseph Bogardus, it’s, Bogardus, Skip, Walker, you’ll Organizations: New, New York CNN, College Board, Center for College Planning Solutions, College, ”, Stafford, PLUS Locations: New York, New England, Stafford

☆ Jim Simons, billionaire hedge fund founder, dies at 86
▼ + stars: | 2024-05-10 | by ( Samantha Delouya | ) edition.cnn.com time to read: +2 min

CNN —Jim Simons, the billionaire investor, mathematician and philanthropist, died on Friday in New York City, according to his foundation, the Simons Foundation. According to his foundation, Simons was fired from the institute in 1968 due to his opposition to the Vietnam War. Simons then joined the faculty at Stony Brook University as the head of the school’s mathematics department. Last year, Simons’ foundation donated $500 million to Stony Brook’s endowment, the largest unrestricted gift to an American university in history, according to the Simons Foundation. “I joined Stony Brook University in 1968 as chair of their Department of Mathematics,” Simons said at the time.

Persons: Jim Simons, Simons, ” Simons, “, ” Organizations: CNN, Simons, Technologies, Massachusetts Institute of Technology, University of California, MIT, Harvard University, Institute for Defense, National Security Agency, Stony Brook University, Renaissance Technologies, Simons Foundation, of Mathematics Locations: New York City, Newton , Massachusetts, Berkeley, Princeton , New Jersey, Vietnam, American

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