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☆ Ambitious parents are spending hundreds of thousands on consultants to help get their kids into Ivy League schools, report says
  + stars: | 2023-04-01 | by ( Ryan Hogg | ) www.businessinsider.com   time to read: +3 min
Parents are paying consultants up to $750,000 to help get their kids into Ivy League colleges. The six-figure outlay to get their kids into college adds to the increasingly prohibitive cost of attending those institutions. Bloomberg reported that the cost of attending Ivy League schools — including tuition, accommodation, and fees — was pushing $90,000 a year, with four years of attendance potentially costing more than $300,000. Consultants told the outlet that the increasing exclusivity of Ivy League attendance may work as its own status symbol for some parents, encouraging a bigger outlay on preparation. While its generally accepted that Ivy League graduates have higher earning potential than their peers, it seems that Americans are increasingly discounting the value of having a college degree at all.
☆ A majority of Americans now think getting a college degree isn't worth it, a new WSJ poll says
  + stars: | 2023-03-31 | by ( Grace Mayer | ) www.businessinsider.com   time to read: +3 min
A WSJ survey found that 56% of Americans now say a four-year college degree isn't worth the cost. The findings underscored a decade-long college enrollment decline, which the pandemic exacerbated. Dips in confidence in college degrees were especially stark among women and older Americans, the WSJ survey found. A similar decline was reflected in older Americans: 44% of older Americans thought college was worth it, compared to 56% in 2017. Between 2017 and 2019, 46% of middle-skill and 31% of high-skill jobs nixed college degree requirements, according to a 2022 report from Burning Glass Institute.
☆ Nearly 80% of Americans think their children may end up with worse lives — up from around 40% who said the same thing 20 years ago
  + stars: | 2023-03-24 | by ( Aidan Pollard | ) www.businessinsider.com   time to read: +2 min
Americans have lost confidence that their children will be better off than they are, according to a new poll. A collaboration between the Wall Street Journal and NORC, the poll underscored a pessimistic outlook on the US economy. According to a new Wall Street Journal/NORC poll conducted this month, a majority of people believe their children's lives may be worse than their own. "No matter how much they increase your pay, everything else is going up," Kristy Morrow, who lives in Big Spring, Texas, told the Wall Street Journal. Respondents' outlook on their children's futures was worse in this year's survey than any other year since its start in 1990, the Wall Street Journal reported.
☆ Biden's approval slips to 38%, near the lowest of his presidency, new poll says
  + stars: | 2023-03-23 | by ( Emma Kinery | ) www.cnbc.com   time to read: +2 min
President Joe Biden's approval rating dipped in a new poll released Thursday, approaching an all-time low for that survey as Americans give the Democrat poor marks on how he has handled the economy. Only 38% of respondents said they approve of the job Biden is doing, versus 61% who said they disapprove, according to the Associated Press-NORC Center for Public Affairs Research poll. Less than a third of Americans, 31%, approve of Biden's handling of the economy, according to the poll. It's a leap from Republicans though: Only 4% approve of what Biden is doing as president, and 3% approve his handling of the economy. Biden's all-time low approval of 36% in the AP-NORC poll was in July of last year.
☆ Marianne Williamson opens long shot 2024 challenge to Biden
  + stars: | 2023-03-04 | by ( ) www.cnbc.com   time to read: +5 min
Biden, 80, is the oldest president in U.S. history and would be 86 at the end of a second term. Biden's political advisers say they aren't worried about the Democratic primary and say Biden is anxious to defeat Donald Trump again in the general election. Williamson insists her 2024 campaign is about far more than just making a statement. A Texas native who now lives in Beverly Hills, California, Williamson is the author of more than a dozen books. She ran an unsuccessful independent congressional campaign in California in 2014 and supported Vermont Sen. Bernie Sanders' 2016 progressive challenge of eventual Democratic presidential nominee Hillary Clinton.
☆ Falling behind on federal student loans can lead to other major financial problems
  + stars: | 2023-02-22 | by ( Annie Nova | ) www.cnbc.com   time to read: +1 min
Falling behind on federal student loans is likely to trigger other major financial consequences for borrowers, according to new research by The Pew Charitable Trusts. More than 80% of borrowers who experienced default stated that they'd faced at least one additional consequence as a result. The most common impact was a drop in their credit score (62%) followed by being subject to collection fees (47%) and losing eligibility for future federal financial aid (37%). Other consequences that followed from a default on federal student loans included wage garnishment, the suspension of professional licenses and having Social Security or tax refunds offset. Most recently, U.S. Department of Education Undersecretary James Kvaal said that if the government isn't allowed to carry out its sweeping student loan forgiveness plan, there could be a "historically large increase in the amount of federal student loan delinquency and defaults as a result of the Covid-19 pandemic."
☆ Biden’s test: Sustaining unity as Ukraine war enters second year
  + stars: | 2023-02-19 | by ( ) www.cnbc.com   time to read: +9 min
One year ago, President Joe Biden was bracing for the worst as Russia massed troops in preparation to invade Ukraine. Ukraine's president, Volodymyr Zelenskyy, was offered help getting out of his country if he wanted it. Now, as Biden prepares to travel to Poland to mark the anniversary of the war, he faces a legacy-defining moment. In Poland, Biden is set to meet with allies to reassure them of the U.S. commitment to the region and to helping Ukraine "as long as it takes." From the beginning of his administration, Biden has argued the world is at a crucial moment pitting autocracies against democracies.
☆ Biden's State of the Union may not help potential 2024 election bid against Trump, experts say
  + stars: | 2023-02-09 | by ( Kevin Breuninger | ) www.cnbc.com   time to read: +6 min
President Joe Biden's second State of the Union address played well with viewers, and may have helped him tee up a bid for reelection in 2024 — but it might not make a lasting impact on his hopes for a second term, experts said. And the latest poll showed that fewer respondents had a "very positive" reaction to this year's address when compared with a survey taken right after Biden's previous State of the Union speech. "He delivered his speech forcefully if not flawlessly, adding no new fuel to questions about his fitness to serve a second term," Galston said. His opponent from the 2020 election, former President Donald Trump, has technically been on the 2024 campaign trail for months, though he has done little in-person campaigning. Former President Barack Obama, under whom Biden served as vice president, had launched his own reelection bid in April 2011, less than three months after his second State of the Union address.
☆ March for Life returns to DC with new post-Roe v. Wade focus
  + stars: | 2023-01-20 | by ( ) www.cnbc.com   time to read: +5 min
Anti-abortion activists hold a banner as they walk in front of the U.S. Supreme Court building during the annual "March for Life", in Washington, January 21, 2022. One year ago, the annual March for Life protest against legal abortion took place in Washington amid a mood of undisguised triumph. With a fresh conservative majority on the Supreme Court, thousands of marchers braved bitterly cold weather to celebrate the seemingly inevitable fall of Roe v. Wade. Now, with the constitutional right to abortion no longer the rule of the land, the March for Life returns Friday with a new focus. Instead of concentrating their attention on the Supreme Court, the marchers plan to target the building directly across the street: the U.S. Capitol.
☆ Ex-D.C. officer Fanone and veterans urge GOP House leaders to condemn political violence
  + stars: | 2023-01-05 | by ( Associated Press | ) www.nbcnews.com   time to read: +6 min
WASHINGTON — Dozens of military veterans on Wednesday hand-delivered letters to top Republicans in the U.S. House, calling on them to publicly condemn political violence as the second anniversary of the Jan. 6 attack on the Capitol approaches. Former Metropolitan Police Officer Michael Fanone wrote the letter, which was signed by more than 1,000 military veterans, active duty members, law enforcement officers and military families. Fanone, who was beaten and tased during the attack on the Capitol, delivered a copy to Rep. Marjorie Taylor Greene’s office. They want top Republicans in the House not only to condemn political violence but to hold accountable those who spread violent and hate-filled messages. A core of conservative House Republicans has rejected McCarthy’s attempts to be named speaker on multiple votes Tuesday and Wednesday.
☆ The pandemic didn't kill stores but they'll never be the same again
  + stars: | 2022-12-30 | by ( Avery Hartmans | ) www.businessinsider.com   time to read: +5 min
Brick-and-mortar stores are acting like mini fulfillment centers. These shifts, which began with the pandemic, have lingered even as life in the US has mostly returned to normal. Stores have become a lot like fulfillment centersPATRICK T. FALLON/AFP via Getty ImagesThe pandemic didn't kill brick-and-mortar retail, but it did change it. Big-box retailers are opening stores againWith all these changes, you'd think brick-and-mortar retail would be on its deathbed. Big-box retailers are opening more stores than they're closing for the first time in years, despite experts warning that brick-and-mortar would never recover from the pandemic.
☆ Only 14% of diagnosed cancers in the US are detected by screening, report says
  + stars: | 2022-12-14 | by ( Jacqueline Howard | ) edition.cnn.com   time to read: +5 min
CNN —A small proportion – 14.1% – of all diagnosed cancers in the United States are detected by screening with a recommended screening test, according to a new report. “I was shocked that only 14% of cancers were detected by screening. I think, for many people, we talk so much about cancer screening that we imagine that that’s how all cancers are diagnosed. She suspects that the percentage of cancers detected by screening could now be even lower than what was found in the new report. “I definitely think that the percent of cancers detected by screening would have been lower as a result of the pandemic.
☆ Factbox: U.S. midterm elections: The race for control of the Senate
  + stars: | 2022-11-09 | by ( ) www.reuters.com   time to read: +1 min
REUTERS/Cheney OrrWASHINGTON, Nov 8 (Reuters) - Americans cast ballots on Tuesday in midterm elections that will determine whether President Joe Biden's Democrats keep control of the U.S. Senate, as 35 of its 100 seats are up for grabs. ET (0011 GMT, Nov. 9)Edison Research provides exit polling and vote count data to the National Election Pool, a consortium consisting of ABC News, CBS News, CNN and NBC News. Reuters has an agreement with NEP/Edison to distribute exit polling and vote count data to clients. The Associated Press has a separate polling and vote count operation and makes its own projections. Fox News relies on data from the AP and the University of Chicago's NORC to inform its projections.
☆ Biden aides are quietly assembling a 2024 campaign as they await a final decision on his political future
  + stars: | 2022-09-16 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Carol-Lee-Circle-Byline-Template.Jpg | Carol E. Lee | ) www.nbcnews.com   time to read: +10 min
But, they said, if Republicans win one or both chambers, that would likely trigger a quicker pivot to a Biden re-election campaign. Relying on the party apparatus would allow the Biden campaign to forgo trying to build up its own separate campaign infrastructure in each state. But while a DNC-centric campaign might seem to be a natural fit for Biden, relying on the committee poses risks. “The Biden approach is the more traditional approach.”Far more than Obama, Biden is a creature of the Democratic Party. Biden aides say no final decisions on campaign staffing have been made, and they’re not expected to be until after the midterms.
☆ Thinking of investing for the first time? Experts say you should figure out your 'why' before putting a single dollar in the market
  + stars: | 2021-08-23 | by ( Rickie Houston | ) www.businessinsider.com   time to read: +5 min
They discussed DIY investing and offered advice for beginners using online brokerages. The year 2020 was a big one for first-time DIY investors (also known as "retail investors"). "The first piece of advice that I would give is: Make sure that you feel really educated and confident about what you're investing in and why." The best time to start investing is todayIf you're new to self-directed investing, it can be a daunting feat. "If you're feeling overwhelmed or unsure, just find one place to start learning more about how to manage your money and how to start investing," Tran said.
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