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Read previewStudent protests are one of the reasons Emerson College in Boston is facing a decline in enrollment this fall, an internal message to staff stated, per CBS News. In late April, Emerson students set up a pro-Palestine encampment in a public alley next to Boylston Street, following the student protests that started at Columbia University earlier in the month. AdvertisementThe college enrolled a total of 4,149 undergraduate students in fall 2022, 4,117 in fall 2021, and 3,708 in fall 2020, Boston Herald reported. However, declining college enrollment rates could also be due to the changing sentiments of the younger generation. AdvertisementAdditionally, the availability of high-paying jobs that don't require a college degree has also prompted Gen Zs to rethink college.
Persons: , Jay Bernhardt, Emerson, Bernhardt, YouGov, Zs, Gen Zs Organizations: Service, Emerson College, CBS, Business, Palestine, Columbia University, Protesters, NBC, Boston Herald Locations: Boston, Gaza, Israel, NBC Boston
Her boss, a woman who had been advocating for her to be given a leadership role, left the team while Ms. Zhao was on a five-month maternity leave. After college, Ms. Zhao set aside her dream of becoming a civil servant to pursue a higher-paying job. (Nearly a third of Chinese women have college degrees now, up from fewer than 1 percent in 1990.) Six months after Ning was born, Ms. Tang returned to her office, leaving the baby in the care of a grandmother. Her husband and in-laws oppose the move, but Ms. Tang doesn’t want to be held back.
Persons: doesn’t, Xi Jinping, , ” Joyce Zhao, Joyce Zhao, Ming, Zhao, Ms, , Ming’s, ” Ms, , ” Guo Chunlei, Guo Chunlei, Guo, Tianyi, ” Tang Pingjuan, Tang Pingjuan, Tang, Ning, Tang doesn’t Locations: Beijing, China, Hangzhou, Guangzhou, Shenzhen
D'Aungilique Jackson, of Fresno, California, holds a "Cancel Student Debt" sign outside the U.S. Supreme Court in Washington, D.C., after the nation's high court struck down President Joe Biden's student debt relief program on Friday, June 30, 2023. Kent Nishimura | Los Angeles Times | Getty Images'A common-sense fairness question'"There is a common-sense fairness question when it comes to erasing student debt," Griffin wrote in an email to CNBC. "Our priorities should be preventing and alleviating student debt, rather than insisting on a narrative of personal responsibility." So student loan forgiveness may affect more Democrats than Republicans directly." Some who oppose student loan forgiveness view education as a private commodity that benefits the person who purchases it."
Persons: D'Aungilique Jackson, Joe Biden's, Kent Nishimura, Griffin, Kate Padgett Walsh, they've, Padgett Walsh, Devin Singh, Singh, there's, Charlie Eaton, haven't, Eaton Organizations: U.S, Supreme, Washington , D.C, Los Angeles Times, Getty, CNBC, Biden, Valuable Education, Iowa State University, Dartmouth College, Democratic, University of California Locations: Fresno , California, Washington ,, Arkansas, Merced
New college graduates are having a harder time finding work, and as a result, some of them could see their careers and earnings take a hit for years. Meaning that recent college graduates have been more likely to be unemployed than the broader population. This new normal has worked out OK for some Americans, but it's been particularly tough on new college graduates. While the tough job market could temporarily hurt some young graduates' earnings, there's reason to be optimistic that their finances could eventually recover. But if the job market continues to prove frustrating, some of them may begin to wonder.
Persons: Lohanny Santos couldn't, Zer, Santos isn't, overqualified, millennials, Gen Zers aren't, Julia Pollak, ZipRecruiter, it's, — aren't, they'd, , grads —, Goldman Sachs, Elise Peng, Louis, who's Organizations: Service, Business, New York Fed, NY Fed, Meta, Rice University's, Bloomberg, LinkedIn, National Association of Colleges, Glass Institute, Strada Education Foundation, Federal, Louis Fed
Lexis Czumak-Abreu is a full-time electrician who highlights her work on social media. She's picked up 2.2 million social media followers since 2022 and makes $200,000 a year from the platforms. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Instead of taking up another job in healthcare or a science-related field, Czumak-Abreu became a full-time electrician, she told Business Insider last month. Since 2022, she has amassed 2.2 million followers on TikTok, Instagram, and Facebook, who watch her lug heavy gear and fix masses of wires — all part of the day-to-day of her electrician job.
Persons: Abreu, She's, Gen, , Lexis Organizations: Lexis, Service, Facebook
And it's Biden's support among white voters without a college degree — a huge voting bloc in these areas — that's currently keeping him afloat in Wisconsin. And it's the backing of many white working-class voters that has been critical for the president. Related storiesIn the Quinnipiac poll, Wisconsin voters gave Biden positive marks on issues like abortion rights and the preservation of democracy. AdvertisementAmong white voters in Wisconsin, Biden actually led Trump by four points (50% to 46%) in the Quinnipiac poll. Advertisement"In order to win, Democrats have to overperform — by a lot — with white working-class voters in the state, because most voters in Wisconsin are white working-class voters," Wisconsin Democratic Party Chairman Ben Wikler recently told The Washington Post.
Persons: , Joe Biden's, Donald Trump, Biden, Trump, he's, Ben Wikler Organizations: Service, Business, Trump, Quinnipiac University, Wisconsin, Quinnipiac, Biden, GOP, White, Democratic, Wisconsin Democratic, Washington Post Locations: Wisconsin, Milwaukee, Madison, Arizona , Georgia, Nevada, North Carolina, Michigan, Pennsylvania, Quinnipiac, Arizona, Omaha
The Biden-Harris Administration has forgiven your federal student loan(s) listed below with Aidvantage in full." My wife's an assistant principal, and I'm a retired assistant principal, but now I don't worry about crushing debt," Perry said. Related storiesPerry was planning on going into substitute teaching to continue supplementing his income during retirement while he made his student-loan payments. Have your student loans been forgiven? Do you have a different experience with student debt?
Persons: , Steven Perry, Perry, he's, Harris, I'm, let's, Kris Neilson, that's, Zers, we've Organizations: Service, Business, Public, Harris Administration, Education Department, BI, Gallup, Lumina Foundation Locations: PSLF, forbearance
Nearly 78% of foreign-born men were in the labor force, compared to about 66% of native-born men. Foreign-born men had weekly earnings of $1,051, compared to $1,238 for native-born men, while foreign-born women had weekly earnings of $899, compared to $1,025 for their native-born counterparts. The foreign born were more likely to work in service, construction and maintenance jobs, among other occupations, which often pay less. Some 3.6% of the foreign born were unemployed last year – the same share as the native born. Just over 15% of foreign-born workers were White, and nearly 11% were Black.
Persons: Mario Tama Organizations: Getty, Foreign, of Labor Statistics, Labor Force, - Locations: American, Los Angeles , California, America
Larock's experience comes at a time when, at least on the surface, the jobs market has continued to glide along. But worries are growing that the labor market is beginning to show cracks. Welcome to the good news-bad news labor market, where the collective experience is positive but not as much for individuals in particular groups. "But the bad news is that new entrants to the labor market are faring less well," Peng added. While Peng characterized the jobs market as "strong overall," she said there are "soft soft spots" that are particularly hitting "new entrants to the workforce."
Persons: Samantha McCloud, Victoria Garcia, Jessel Rincon, Irfan Khan, Julianna Larock, Larock, Jacqueline Novogratz, Michael Novogratz, Julianna LaRock, nonfarm, It's, Goldman Sachs, Elsie Peng, Peng, Molly Huang, it's, Huang, David Pakula, Cory Stahle, Joanie Bily, Bily, grads, Ethan Mariano, Mariano Organizations: Temple City High School, Los Angeles Times, Investment Partners, University of Delaware, Fordham, Bureau of Labor Statistics, Goldman, Penn State University, Vanguard, Gettysburg College, American University, State Department Locations: Temple City , CA, Wilmington , Delaware, New York City, New York, Horsham , Pennsylvania, U.S, Washington ,, Hazleton , Pennsylvania
CNN —South Carolina Sen. Tim Scott, a contender to be former President Donald Trump’s running mate, is launching a multimillion dollar effort to recruit Black voters to support Republicans in 2024. And that translates into a lot of ticked off people who are looking at the Republican Party,” he said. Trump won roughly 1 in 10 Black voters nationally in 2020, according to multiple estimates, including 12% in CNN’s exit poll. In the same survey, 14% of Black voters said that if the election were held today, they would vote for Trump vs. 49% for Biden. As CNN’s Kevin Liptak reported last week, Biden’s aides say they aren’t taking Black voters for granted as surveys suggest an erosion of support, particularly among Black men.
Persons: South Carolina Sen, Tim Scott, Donald Trump’s, Scott, Trump, Biden, ” Scott, “ It’s, , aren’t, “ I’ve, we’re, , , I’m, ’ ” Scott, ” Trump, Kevin Liptak, Biden’s, ” Jennifer DeCasper, ” DeCasper, CNN’s Jennifer Agiesta Organizations: CNN, South, GOP, Great Opportunity PAC, Republican National Committee, Republican, Trump, Republican Party, Black Colleges, Universities, Act, Detroit, Biden, New York Times, Siena College, Black, Trump . Younger, Fox News Locations: South Carolina, Michigan, North Carolina , Georgia, Arizona , Nevada, Pennsylvania, Washington ,, Milwaukee, Philadelphia, Atlanta, Bronx, Siena, CNN’s
Billing itself as "the go-to source for all things local," Newsbreak says it has over 50 million monthly users. "It seems this 'news' outlet's AI writes fiction they have no problem publishing to readers." Billing itself as "the go-to source for all things local," Newsbreak says it has over 50 million monthly users. Two local community programs assisting disadvantaged people told Reuters they were impacted by erroneous stories produced by NewsBreak's AI. The company launched in the U.S. in 2015 as a subsidiary of Yidian, a Chinese news aggregation app.
Persons: Newsbreak, NewsBreak, Harvest912, Jeff Zheng, Zheng, Norm Pearlstine, Pearlstine, paywalls Organizations: Facebook, Reuters, Fox, AP, CNN, NewsBreak, NewsBreak's, Food, Wall Street Journal, Los Angeles Times, LA Times Locations: China, United States, Bridgeton , New Jersey, Small Towns, Mountain View , California, Beijing, Shanghai, America, U.S, Colorado, Erie , Pennsylvania, Yidian, NewsBreak
Gerstbacher, a 50-year-old based in San Francisco, was "really unhappy" at work, he told Business Insider via email. First, he's an "older dad," and he wanted to maximize the time he could spend with his three-year-old son. "I felt that I should take the quality time now since I'll be 70 when my son graduates from high school," he said. However, the decline in working men is also due to some positive developments, like the growth of women in the workforce. AdvertisementEven though he's in the process of returning to the workforce, Gerstbacher said he's continued to prioritize spending time with his son.
Persons: , Francisco Gen Xer, Randy Gerstbacher, Gerstbacher, He's, they've, hasn't, he'd, he's Organizations: Service, Business, CDC, Bureau of Labor Statistics Locations: San Francisco
But after being a stay-at-home dad for over a decade, Dan and his wife got divorced a few years ago. AdvertisementSo after nearly 20 years out of the workforce, Dan has started to dip his toe into the job market. "When I review job sites, I'm underqualified for jobs that I used to do, and I most likely present as too old for entry-level positions," he said. "I'm resigned to ultimately taking an entry-level job if they'll have me." Dan said he'd been advised to pursue an entry-level job at Home Depot or Costco, in part so he could receive health benefits.
Persons: , Dan, He's, that's, I'm, it's, he's, he'd, they'll, Dan's, hasn't Organizations: Service, Yorker, Business, Bureau of Labor Statistics, Walmart, Depot Locations: Costco
The Man Who Couldn’t Stop Going to College
  + stars: | 2024-06-03 | by ( Joseph Bernstein | ) www.nytimes.com   time to read: +1 min
Bolger is a broad man, with lank, whitish, chin-length hair and a dignified profile, like a figure from an antique coin. And there’s something almost anachronistically earnest, even romantic, about the reason he gives for spending the past 30-odd years pursuing college degrees. “I love learning,” he told me over lunch last year, without even a touch of irony. I had been pestering him for the better part of two days, from every angle I could imagine, to offer some deeper explanation for his life as a perpetual student. Every time I tried, and failed, I felt irredeemably 21st-century, like an extra in a historical production who has forgotten to remove his Apple Watch.
Persons: Bolger, , lamplight, Organizations: Apple Watch Locations: Walden
Investors may not have sufficiently accounted for the impact of stretched consumer finances on the discretionary sector. We'll review the dichotomy going on in the consumer discretionary sector and give a bearish trade on an outperforming stock once thought to be immune from some of the pressures. To some extent, the haves and have-nots divide explains the difference between the consumer discretionary stocks that have outperformed versus underperformed this year. Horton, YTD However, two industry groups within the consumer discretionary sector have not followed this pattern to the same degree. The trade: Chipotle The best-performing restaurant in the consumer discretionary sector so far this year is Chipotle Mexican Grill Inc. (CMG) up a market-crushing 36.8%.
Persons: Roland Garros, Ralph Lauren, Hermes, Versace, Prada, Calvin Klein, Tommy Hilfiger, Van Heusen, Horton, TOL, D.R, Tesla, Darden, YTD, Chipotle Organizations: Monaco, PVH Corp, IZOD, Carnival Corp, CCL, GM, Grill Inc, Darden, Starbucks Locations: Royal Caribbean, Horton
This week, Hendricks topped Forbes' recent American's Richest Self-Made Women list for the seventh consecutive year. Her estimated $20.9 billion net worth comes largely from her roofing materials company ABC Supply, which she co-founded with her late husband Ken Hendricks in 1982. Roofers often bought directly from individual manufacturers, locking them into an ecosystem and allowing manufacturers to drive up prices. They took out a $900,000 loan from Beloit Savings Bank and pledged everything they owned to launch their company and fill that gap, Hendricks said. "We felt like we [roofers] weren't being treated with respect," said Hendricks.
Persons: Diane Hendricks, Hendricks, Ken Hendricks, Ken, Forbes, Roofers Organizations: Forbes, ABC Supply, Beloit Savings Bank
Read previewWhen Joshua first earned a $100,000 salary about five years ago, it didn't impact his lifestyle much. "I wasn't able to splurge or to afford luxurious things," the 30-year-old fintech professional, who's based in Georgia, told Business Insider via email. This story is available exclusively to Business Insider subscribers. Business Insider asked three people who've made over $100,000 a year how becoming a six-figure-earner did — and didn't — change their lives and relationships. For many of these people, a $100,000 salary could, in fact, be life-changing.
Persons: , Joshua, doesn't, What's, who've, Cole H, Mattes, it's, ALICE, Maksim Sonin, — he's, he's Organizations: Service, Business, New York Fed, New, Fed, eBay, Monarch Media, United, Stanford University Locations: Georgia, California
Why job skills could make or break your next interview
  + stars: | 2024-05-31 | by ( Greg Iacurci | ) www.cnbc.com   time to read: +4 min
Nearly half, or 45%, of employers scrapped degree requirements for some roles in the past year, and 72% now prioritize skills over certificates in job candidates, according to the ZipRecruiter survey. The trend, which prioritizes a candidate's practical skills and real-world experience over formal education, appears to be "gaining momentum," according to ZipRecruiter. Meanwhile, hiring managers are being more explicit in job ads about the specific skills they seek in applicants, said Cory Stahle, an economist at the job site Indeed. What this means for job seekers"If the [job ad's] focus is on skills, the focus of your resume should be on skills as well," Stahle said. While skills should be "prominent" in such cases, that doesn't mean applicants should forgo traditional information, Stahle added.
Persons: Cory Stahle, Stahle, Indeed's Stahle Organizations: Getty, Harvard Business School, Glass, USA, Finance, Harvard Locations: U.S
New York CNN —It’s almost laughable at this point when Bryn Savidge gets a job rejection email. But she is relieved to have at least secured a summer internship at an environmental science publication. But after applying to more than 100 jobs since fall, the Kenyon College grad is having second thoughts. Courtesy Bryn SavidgeOn paper, the job market looks like it’s hardly ever been better. But zooming in on the job market for recent college graduates paints the economy in a much less rosy light.
Persons: New York CNN — It’s, Bryn Savidge, , ’ ”, Savidge, we’ve, , Savidge hasn’t, Bryn, Kory Kantenga, Kantenga, Angela Mangione, Mangione, Angela Mangione “, I’ve, Biden, Moises Brito, Chapman, he’s, Brito, he'll, doesn’t Organizations: New, New York CNN, Kenyon College, Kenyon College grad, of Labor Statistics, , Colgate University, CNN, Deloitte, Society, Chapman University in Locations: New York, Columbus , Ohio, Buffalo , New York, Chapman University in Orange , California, Orange County , California
But don’t expect committed Donald Trump voters to suddenly waver because their candidate is now a convicted felon. “This does not impact my plans to vote Republican. Linda Rooney is a Haley supporter from Media, Pennsylvania, wrestling with whether to cast a reluctant Trump vote or write in the former South Carolina governor or someone else. “I looked briefly at some of those things, and it just doesn’t hold water.”Former Trump voter Joan London had a mixed take on the convictions. Lots of Biden voters I talk to.”Pat Levin, another Biden voter in Northampton County, said of the verdict: “It supports and reinforces I believe in the rule of Law.
Persons: don’t, Donald Trump, , Billy Pierce, “ Biden, Trump, , Joe Biden, Andrew Konchek, Bill Clinton’s, Cohen, Who’s, Michael Cohen, Debbie Katsanos, , I’m, Chris Mudd, ” Mudd, Betsy Sarcone, Nikki Haley, Biden, “ I’ve, ” Pierce, Konchek, , Matt Vrahiotes, ” Vrahiotes, you’ve, I’ll, ” Jan Gardner, ” Gardner, Hillary Clinton, Devin McIver, Linda Rooney, Haley, Rooney, Irma Fralic, it’s, ” Fralic, Joan London, Michael Cohen’s, Darrell Ann Murphy, Murphy, he’s, ” Pat Levin, ” David Moore, ” Moore, Jade Gray, Nanette Mees, Joanna Brooks Organizations: CNN, Trump, Democrats can’t, Iowa Trump, America, Biden, Republican, Republican National Convention, Media, South, White House, , University of Michigan, College Democrats Locations: Hartsville , South Carolina, Manhattan, York, New Hampshire, Iowa, Hall County , Georgia, Dunwoody, an Atlanta, Media , Pennsylvania, South Carolina, New York, Montgomery, Pennsylvania, Trump . London, London, Northampton County , Pennsylvania, Northampton County, Nogales , Arizona, Loudon County , Virginia, Milwaukee
America's young men aren't working. The effect was driven almost entirely by young men: Unemployment went up by 2.7 percentage points for young men but by only 0.1 percentage points for young women. AdvertisementEmployers might also see young men as riskier to bring on board. Fairly or unfairly, there's a stereotype that young men are more volatile, more immature, and less responsible than their female counterparts. As for why so many young men aren't working, it's a doozy.
Persons: they're, willy, it's, Matt Darling, Darling, , aren't, There's, Emily Stewart Organizations: Social Security, Niskanen, Unemployment, Lawmakers, Capitol, Business Locations: Washington, Oregon
Despite this income, my husband and I have not agreed to — nor do we plan to — pay for the college tuition of our oldest daughter, a sophomore at the University of Iowa. If they spent our money on tuition, we'd need a say in that decision. This decision aligns with our commitment to avoid debt and maintain a healthy financial position, which benefits our entire family. Committing to paying for one child's college education means we must do the same for all of them to maintain fairness. Evaluating whether to pay for our kids' college tuition was a challenging decision, but it's rooted in our desire to foster autonomy, responsibility, and financial prudence.
Persons: , Andrea Mac, It's, I've, we've, don't, we're, they've, We've, We're Organizations: Service, University of Iowa, Business, Investment Education Locations: Greater Chicago
Despite this income, my husband and I have not agreed to — nor do we plan to — pay for the college tuition of our oldest daughter, a sophomore at the University of Iowa. To be fair, we've decided that we, as parents, don't get to choose which college our children attend. With rising tuition costs, my husband and I think it's essential to evaluate whether the outcomes in terms of ROI justify the financial outlay for college. Committing to paying for one child's college education means we must do the same for all of them to maintain fairness. Evaluating whether to pay for our kids' college tuition was a challenging decision, but it's rooted in our desire to foster autonomy, responsibility, and financial prudence.
Persons: , Andrea Mac, It's, I've, we've, don't, we're, they've, We've, We're Organizations: Service, University of Iowa, Business Locations: Greater Chicago
America's young men aren't working. The effect was driven almost entirely by young men: Unemployment went up by 2.7 percentage points for young men but by only 0.1 percentage points for young women. AdvertisementEmployers might also see young men as riskier to bring on board. Fairly or unfairly, there's a stereotype that young men are more volatile, more immature, and less responsible than their female counterparts. As for why so many young men aren't working, it's a doozy.
Persons: they're, willy, it's, Matt Darling, Darling, , aren't, There's, Emily Stewart Organizations: Social Security, Niskanen, Unemployment, Lawmakers, Capitol, Business Locations: Washington, Oregon
College degrees are under fire given the pain of student debt and political and economic troubles. Some public university graduates only need to earn over $50,000 for a decade to make a return. Graduates pay more to live in popular states but they can win due to better job markets there. AdvertisementCrushing debt, political furor, and a brutal economic backdrop of historic inflation and higher borrowing costs have fueled fresh skepticism about the value of a college degree. Yet, stumping up the cash for one may still be worth it financially if it results in significantly higher earnings.
Persons: Organizations: Service, Street Journal, Strada Education, Business
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