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Washington CNN —A federal appeals court delivered on Friday another blow to President Joe Biden’s student loan repayment plan, siding with Republican-led states that asked it to block further implementation of the plan until their challenge to it is resolved. Those borrowers have been placed in an interest-free forbearance during which they are not required to make monthly student loan payments. The high court is already considering a separate request from the administration stemming from another challenge to the plan. SAVE is one of the Biden-Harris administration’s key student loan policies. SAVE was launched soon after the Supreme Court knocked down Biden’s signature, one-time student loan forgiveness program last summer.
Persons: Joe Biden’s, Biden, , Raymond Gruender, George W, Bush, Ralph Robert Erickson, Leonard Steven Grasz, Donald Trump, Harris Organizations: Washington CNN, Republican, of Education, Circuit, Appeals, Department, Education, SAVE, Biden
I have six children between the ages of 5 and 11, and I've told them I won't pay for college except in very limited circumstances. I'm actively encouraging my kids to consider other options and how much ROI they'll get from college. One of the most interesting responses I've gotten from my kids is asking how they can make money now. Not paying for college might force them to be more financially responsible, but only if they choose — or try — to pay for college themselves. I want them to learn to be financially responsible and viable by earning money, with or without college.
Persons: , Bobby Kittleberger, I've, I'm, they've, They're, it's, I'd, We've, We'll, Lauryn Haas Organizations: Service, Business, Colleges, YouTube Locations: Staunton , Virginia, Virginia, lhaas@businessinsider.com
Read previewMartin Luther King, Jr. once said: "The quality, not the longevity, of one's life is what is important." But at 96 years old, my great-aunt Mary Selby Ferrari is living proof that you can have both — a long and full life. Ferrari, meanwhile, still lives on her own in the independent-living section of a retirement community. She makes it a point to stay informed"I used to be a great reader," Ferrari told me. And she hit the genetic jackpotIt would be impossible to talk about Ferrari's long life without addressing her mother's centenarian status.
Persons: , Martin Luther King, Jr, Mary Selby Ferrari, Ferrari, COVID, Mary Ferrari, Dan Buettner, who's, hasn't, Barbara Cavalieri, The New York Times she'll Organizations: Service, Business, College of New, Catholic, Blue, Ferrari, MSNBC, The New York Times Locations: College of New Rochelle, New York City, Manhattan
Alistair Berg | Digitalvision | Getty ImagesThe Biden administration's new affordable repayment plan, known as SAVE, may be on hold for months —or longer — amid a slew of legal challenges. The White House says roughly 8 million people are enrolled in SAVE, or the Saving on a Valuable Education plan. Why the SAVE plan is on holdThe SAVE plan has been a magnet for controversy ever since the Biden administration rolled out the program in the summer of 2023, describing it as "the most affordable student loan plan ever." Indeed, the terms of the new income-driven repayment plan are the most generous to date. However, borrowers pursuing student loan forgiveness should still explore their options, said Elaine Rubin, director of corporate communications at Edvisors, which helps students navigate college costs and borrowing.
Persons: Alistair Berg, Digitalvision, Biden, they're, Elaine Rubin Organizations: SAVE, Republican, U.S . Department of Education, Education Department Locations: Edvisors
I didn't, and managing my money manually has been a major learning experience. For the last six years, focusing on my personal finances has been one of my main goals. However, some of the advice I received wasn't the right advice to follow, and I'm glad I didn't — especially the advice that came from a friend of mine who was on a mission to become a millionaire by age 40. Consider a financial advisor. Finding a financial advisor doesn't have to be hard.
Persons: , doesn't Organizations: Service
On Friday, breaking makes its Olympics debut at the Place de la Concorde in Paris. This form of dance, created by Black youths in the Bronx in the early 1970s, has traveled far from its birthplace. Support for hip-hop education in the States typically comes from nonprofit organizations, after-school programs and for-profit dance schools. Despite breaking’s American roots, it has never been institutionally supported in public schools as part of a coordinated national policy. The Lycée Turgot, a public high school housed in a majestic 19th-century building, has for the past seven years been home to France’s premier national hip-hop dance program.
Organizations: Concorde Locations: Paris, Bronx, Canada, Ukraine, Japan, South Korea, France
Hong Kong CNN —Presumptive Democratic presidential nominee Kamala Harris’ running mate has a decades-long connection with China. “I remember waking up and seeing the news on June 4 that the unthinkable had happened,” Walz told Voice of America in an interview in 2014. The newlyweds spent their honeymoon taking students on two-week tours in China for sightseeing and classes on culture, education and history. In Chinese nationalist circles, which have an outsized voice on policy debates in China, there are no rosy illusions about Walz. The hashtag “Harris’ VP pick once taught in China” racked up 15 million views on microblogging site Weibo.
Persons: Hong Kong CNN —, Kamala Harris ’, Tim Walz, Walz, , Dalai Lama, Joshua Wong, Shen Dingli, ” Shen, ’ Walz, , Mao Zedong, Deng Xiaoping, ” Walz, Gwen, Cara Roemhildt, ” Roemhildt, Jeff Widener, ’ ”, Liu Dongshu, Liu Xiaobo, Lobsang Sangay, ” Tim Walz, X, Hong Kong’s, Wong, ” Jeffrey Ngo, “ Walz, ” Ngo, ” Shen Yi, “ We’re, ” Stephen Roach, Morgan Stanley Asia, Harris, Eric Fish, Hong Kong's, Joshua Wang, George H, Bush, Bush’s, there’s, Liu, “ Harris, China ”, , Xi Jinping, “ Heh, I’ve, they’re Organizations: Hong Kong CNN, Democratic, United States ’, Republican, Communist Party, Star, Herald, CNN, Harvard University, Paramount, America, , of, People, Associated, Congressional, Commission, City University of Hong, Hong, Hong Kong Human Rights, Democracy, White Locations: Hong Kong, China, Beijing, Minnesota, Tiananmen, Nebraska, Shanghai, Foshan, Guangdong, America, Congress, City University of Hong Kong, Tibet, Dalai, Washington, , South China, Weibo
Although their population is small compared to other states, Latinos in Minnesota said Tim Walz, Vice President Kamala Harris' pick for running mate, has not overlooked them as governor. About 38% of Minnesota Latinos who voted in 2020 backed Donald Trump, according to NBC News’ exit poll. And state residents without legal status can enroll in Minnesota Care this November and begin getting those health benefits in 2025, she said. Peréz-Vega said she worked with Walz to help get that cap extended to those without legal immigration status who pay federal taxes. He has been a present governor for many Latinos,” Gonzalez said.
Persons: Tim Walz, Kamala Harris, Walz’s, Paul, Donald Trump, Emilia Gonzalez Avalos, Biden, Walz, Gonzalez, ” Gonzalez, don’t, María Isa Peréz, Vega, , John Pacheco, Carlos Odio, Odio, Trump, J.D, Vance, Pacheco, ” Pacheco, he's, Rick Aguilar, , Aguilar, UnidosMN Organizations: Democratic, Midwest, Minnesota, NBC, Unidos, Hub, Minnesota Office, Higher Education, Democrat, Mankato ., Chamber, Commerce of, Equis Research, Hispanic Republican, of, Walmart, Independence, Mercado Central Locations: Minnesota, St, Arizona, Nevada, Pennsylvania, Georgia, Puerto Rico, El Salvador, Guatemala, Ecuador, Colombia, Venezuela, Puerto Rican, Mankato, Mankato . Mankato, U.S, Commerce of Minnesota, of Minnesota, Minneapolis
However, when we relocated to the UK, as an educator myself, I knew that I wanted an International Baccalaureate (IB) education for all of my children moving forward. Our twins, both now 18, have just completed their final year of the IB program and will attend university. In those middle years at school, children are supposed to be focussing on learning and developing key skills. The IB has prepared my children better for universityWhile my older twins have found the IB challenging, the program has also nurtured their passion for learning, encouraging their intellectual curiosity. This is because an IB school gets students involved in group projects, independent research, and advanced writing assignments throughout their education.
Persons: , Egham Organizations: Service, Business, IB, Egham, Oxford Locations: Miami, Cambridge
Read previewJacob Shaidle started cleaning barbecues in the summer of 2021 to fund his education. AdvertisementShaidle started cleaning barbecues in 2021 to pay for his university tuition. Over the past year, the teens, who are heading into their third year at the University of British Columbia, have grown Shaidle Cleaning to six figures in annual revenue. One is a small business called Strodes, a butcher shop deli that makes its own all-natural, chemical-free degreaser that Shaidle Cleaning buys in bulk. Go digitalDuring his first two summers in business, Shaidle acquired clients through door-knocking and word-of-mouth.
Persons: , Jacob Shaidle, he'd, Shaidle, Aran Giffen, Lean, Giffen, it's, Aran, Jake, They'll, they're, you've Organizations: Service, Business, University of British, Insight, Hamilton Spectator Locations: Hamilton , Ontario, University of British Columbia, Ontario, We've
Read previewDavid Houde feels like he's made it — and he thinks it wouldn't have been possible without his college degree. By 2006, he'd earned an associate degree in computer information systems and a bachelor's degree in computer science. A college degree helped him eventually land a high salaryWhen he first enrolled in college, Houde didn't have any idea what he would major in. In 2016, about a decade after he graduated with his bachelor's degree, he decided to pursue an MBA. Have you found financial success without a college degree?
Persons: , David Houde, he's, it's, Houde, he'd, wasn't, I'm, hasn't Organizations: Service, Business, Pew Research Locations: Michigan, eureka
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA group of Democratic lawmakers wants answers from a major student-loan company on its debt relief process for the borrowers it services. The issue at play: There's a process for borrowers with federal student loans to apply for a debt discharge if they can prove they were defrauded by their school. President Joe Biden's Education Department has canceled debt for millions of borrowers over the past few years under that process. But the lawmakers have said they're concerned Navient is continuing to narrowly define qualifications for discharge, resulting in borrowers being denied relief without sufficient explanations.
Persons: , Sen, Elizabeth Warren, Madeleine Dean, Bernie Sanders, Ayanna Pressley —, Joe Biden's, Navient —, Warren, Navient, Holder, Leandro Pucci, Pucci, it's, who'd Organizations: Service, Democratic, Business, Joe Biden's Education Department, BI, Navient Locations: Navient
Endowment tax in focus: Here's what to know
  + stars: | 2024-08-08 | by ( Robert Frank | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEndowment tax in focus: Here's what to knowCNBC's Robert Frank, Natasha Sarin, Yale Law School and Yale School of Management professor and former Treasury Department official, and William Trachman, Mountain States Legal Foundation general counsel and former Trump education department appointee, join 'Squawk Box' to discuss JD Vance's plan to tax university endowments, how much revenue the tax would raise, and more.
Persons: CNBC's Robert Frank, Natasha Sarin, William Trachman, JD Organizations: Yale Law School, Yale School of Management, Treasury Department, States Legal Foundation, Trump Locations: States
Related storiesRaising children — especially an infant — is expensive, and Lopez's income dipped during her maternity leave by about 70%. AdvertisementRxKids is one of over 100 guaranteed basic income programs that have been launched across the US. But, during maternity leave, Lopez said her monthly paycheck was reduced to around $600 due to her employer's limited parental leave policy. She didn't expect to be a guaranteed basic income participant, she said, but it came at just the right time for her family. Have you benefitted from a guaranteed basic income program?
Persons: , Tatiana, Matteo, Lopez, It's, Luke Shaefer, RxKids, Tatiana Lopez, Michigan's, Mona Hanna, Tatiana Lopez GBI, paychecks, She's, Shaefer Organizations: Service, Business, Flint, Assistance, Locations: Flint , Michigan, Flint
Advertisement"As much as we think that our country is obese or unhealthy, there's another whole side who are into their fitness," Taylor said. Taylor told me that strength training now makes up 90% of her routine. Gyms are quickly becoming Gen Z's favorite hangout spot — but there's just one problem with the fitness boom. Chains like Planet Fitness rely on members never showing up; the gyms aren't built for Gen Z. Planet Fitness, the most popular gym franchise in the US, has on average 6,500 members per gym.
Persons: Britt Taylor, Taylor, Gen, aren't, Les Mills, Gen Z, who's, Z's, they've, Kayla Itsines, Christian Guzman, Whitney Simmons, Simeon Panda, Casey Johnston, Johnston, Sarah Ryan, Ryan, Amrita Bhasin, Bhasin, Britt, it's, Jim Thomas, Gen Zers, It's, Renel Scarlett, didn't, Amelie Desai, I've, Desai, Scarlett, Bassem Mostafa Organizations: Boca, McKinsey, ABC, American College of Sports, Gen, YouTube, Weightlifting, Fitness Management, Health, CNN, Works Health Club, Health & Fitness Association, GlobeMonitor Market Research Agency Locations: Boca Raton , Florida, California, Portland , Maine, Maine, Portland, American
The football stadium at Florida International University in Miami will bear the name of "Mr. 305" himself, Pitbull. The first-generation Cuban American rapper and producer reached a multiyear deal with one of the nation's largest public universities and Hispanic-serving institutions to have its Riccardo Silva Stadium renamed Pitbull Stadium, FIU announced Tuesday. Under the deal, Pitbull will be referred to as the “Official Entrepreneur of FIU Athletics." His efforts to promote FIU and FIU Athletics will include creating an “FIU Anthem,” leveraging his social media presence and appearing at one athletics fundraising event per year for three hours. The first school opened in Miami in 2012, and today 14 schools in five states serve nearly 10,000 students.
Persons: Pitbull, Riccardo Silva, Armando Christian Pérez, Athletics Scott Carr Organizations: Florida International University, Pitbull, FIU, Athletics, FIU Athletics, Leadership Arts, Management, NBC Locations: Miami, Cuban American
Michael Bloomberg’s organization Bloomberg Philanthropies is announcing a $600 million gift to the endowments of four historically Black medical schools. Xavier University of Louisiana, which is opening a new medical school, will also receive a $5 million grant. The donations will more than double the size of three of the medical schools’ endowments, Bloomberg Philanthropies said. The four historically Black medical schools are still deciding with Bloomberg Philanthropies how the latest gifts to their endowments will be used, said Garnesha Ezediaro, who leads Bloomberg Philanthropies’ Greenwood Initiative. Dr. Yolanda Lawson, president of the National Medical Association, said she felt “relief,” when she heard about the gifts to the four medical schools.
Persons: Michael Bloomberg’s, Bloomberg Philanthropies, ” Bloomberg, Charles Drew, Garnesha Ezediaro, Ezediaro, ” Ezediaro, Valerie Montgomery Rice, we’ve, , Ronda Stryker, William Johnston, Denise Smith, Spelman, Smith, MacKenzie Scott’s, ” Smith, Yolanda Lawson, Utibe Organizations: Bloomberg, New, New York City, National Medical Association, Associated Press, Howard University College of Medicine, Meharry Medical College, Morehouse School of Medicine, Charles, Charles Drew University of Medicine & Science, Xavier University of Louisiana, Johns Hopkins University, Greenwood Initiative, Democratic, United Negro College Fund, Spelman College, Greenleaf Trust, The Century Foundation, David Geffen School of Medicine, UCLA, NBC Locations: New York, Tulsa , Oklahoma, Atlanta, Ronda
The super PAC also spent millions to defeat a fellow “squad” member, Rep. Jamaal Bowman, D-N.Y., in a June primary. 'Squad' member Cori Bush faces Democratic primary putting a spotlight on IsraelRep. Cori Bush is facing a tough primary in her fight for a third term. In Michigan’s 3rd District, Democratic Rep. Hillary Scholten faces multiple challenges to the seat she has held for nearly two years. So far, Trump has not weighed in on the Republican primary race. But in Kansas’ solidly Republican 2nd District, Trump and Conservatives for American Excellence are on the same side in Tuesday’s primary to replace retiring GOP Rep. Jake LaTurner.
Persons: Donald Trump’s, Cori Bush’s, William Lacy Clay Jr, Bush, Jamaal Bowman, Cori Bush, Allison Robbert, Wesley Bell, Dan Newhouse, David Valadao of, Newhouse, Trump, Jerrod Sessler, Tiffany Smiley, Smiley, Thanedar —, Mary Waters, Mike Duggan, Shakira Lynn Hawkins, Elissa Slotkin, Mike Rogers, Democratic Sen, Debbie Stabenow, Rogers, James Craig, Peter Meijer, Sandy Pensler, Justin Amash, , Hill Harper, Hillary Scholten, Scholten, Salim Al, Paul Hudson, Michael Markey, Republican John Gibbs, Joe Biden, Kamala Harris, Biden, Dan Kildee, Paul Junge, Mary Draves, Anthony Hudson, Matt Collier, Sen, Kristen McDonald, Pamela Pugh, Republican Tom Barrett, Curtis Hertel, State Jay Ashcroft, Mike Kehoe, Bill Eigel, Tuesday’s, Lucas Kunce, GOP Sen, Josh Hawley, Bob Onder, Blaine Leutkemeyer, Jake LaTurner, Derek Schmidt, Sharice Davids, Marie Gluesenkamp Perez, Joe Kent, Kent, Gluesenkamp Perez, Leslie Lewallen Organizations: Cori Bush’s Democratic, Democratic 1st District, United Democracy, American Israel Public Affairs Committee, Israel, PAC, Democratic, Bloomberg, Getty, Senate, Capitol, Republicans, Trump, Newhouse, America, Inc, Detroit City Council, GOP, Michigan's Senate, AP, National Republican Senatorial, Detroit Police, Republican Party, ABC, District, Michigan State University, Republican, Democrats, Biden, Congressional District, Democrat, Dow Chemical, Flint, Board of, State, Gov, Marine, American Excellence, Conservatives, American, Kansas Republicans, Army Locations: Missouri, — Missouri, Washington , Michigan, Kansas, Israel, Louis, David Valadao of California, Michigan’s 13th, Shakira Lynn Hawkins . Michigan, Michigan's, Michigan, Michigan’s, Grand Rapids, Rapids, Kent, Trump, Washington’s, Camas, Washington
Tim Walz, chosen on Tuesday to be Vice President Kamala Harris’ running mate, was a longtime educator – just like his wife. Gwen Walz has taught in public, alternative and migrant schools, as well as prisons. She also served as an administrator and coordinator at Mankato Area Public Schools, a school district in the congressional district her husband represented from 2007 to 2019. Walz first met her husband in western Nebraska, where she began her career teaching English, according to her official biography. Walz was educated at Gustavus Adolphus College and Minnesota State University.
Persons: Tim Walz, Kamala Harris ’, , Gwen Walz, Gwen, , Walz, Gus, Tim, ” Walz, CNN’s Kaanita Iyer Organizations: CNN, Minnesota Gov, Area Public Schools, Minnesota Public, Inc, Montana State University, Twin Cities PBS, Gustavus Adolphus College and Minnesota State University Locations: Minnesota, Nebraska, China, Glencoe , Minnesota
They were not required to meet any household income requirements, which are typical criteria for basic income programs. The US has launched over 100 guaranteed basic income pilots — and RxKids joins a growing number focused on families. She told BI that guaranteed basic income lets parents choose a childcare and employment situation that works best for their families. Shamarra Woods, 31, said Atlanta's guaranteed basic income pilot helped her afford daycare for her daughter. Hashash said that guaranteed basic income can help parents cover these childcare costs and build a career with predictable hours.
Persons: , Celeste, Timlin, Siobhan, It's, RxKids, GBI, She's, Celeste Lord, Shamarra Woods, Woods, Hashash, she's, who's Organizations: Service, Business, Assistance, US, Pilots, Economic Security, ReadyNation Council, Strong, Opportunity Fund, Women, Children Locations: Flint , Michigan, RxKids, Flint, Los Angeles, Denver, Chicago, Philadelphia, America, Atlanta, Georgia
Tim Walz, seen as a win for progressives, may be exactly who she needed to get her economic policies off the ground. As governor, Walz has enacted policies such as universal school meals, gun safety provisions, stronger labor protections, and poverty reduction measures. Walz has also advocated for rural economic growth and has passed legislation supporting LGBTQ+ and abortion rights. AdvertisementTax cuts and rebatesLast year, Walz enacted a state tax cut through the One Minnesota Budget, which also increased funding for public education. The United Auto Workers union was quick to support Walz on X.
Persons: , Kamala Harris, Tim Walz, Walz, Josh Shapiro, Arizona Sen, Mark Kelly, George Floyd . Walz, Donald Trump, Sen, JD Vance, Minnesotans, hasn't, X, Tim Walz doesn't Organizations: Service, Minnesota Gov, Business, Minnesota Democrat, Pennsylvania, Arizona, Democratic, Local, Governor's, Economic, Minnesota Budget, IRS, Cannabis Management, United Auto Workers, UAW, Biofuels Council Locations: Ohio, Minnesota
It’s his (Hamas’) money, it’s his fuel, it’s his civilian control of the Gaza Strip. Israel has control over aid that enters Gaza and aid groups are in charge of distributing it. While there have been some anecdotal reports from Gazans of Hamas stealing aid, it’s unclear how rampant it is. The conflict began after Hamas attacked Israel on October 7, killing around 1,200 people and taking more than 250 hostages, according to Israeli authorities. No need to unclog sewers, no need for education, no need for welfare.
Persons: Bezalel Smotrich, Yad Binyamin, , Israel, David Satterfield, Biden, Benjamin Netanyahu, Yoav Gallant, Netanyahu, ” Israel, Smotrich Organizations: Jerusalem CNN — Israeli, Katif Conference, National, Israeli Locations: Jerusalem, Gaza, Yad, Israel, Gazans
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe Education Department is getting closer to delivering student-loan forgiveness to millions of borrowers. Specifically, the department said that only borrowers who have "entered repayment on at least one of their loans when the debt relief is applied would be eligible for forgiveness on the loan(s) in repayment." Borrowers with PLUS loans are considered to have entered repayment when their loans are fully disbursed. Are you hoping to benefit from Biden's student-loan forgiveness plan?
Persons: , Joe Biden's Organizations: Service, Department, Higher, Business, Public, Federal, Aid
But prosecutors had no direct evidence tying Black to the location of the murder, an Ohio appellate court later said. In many cases, prosecutors themselves don't even have access to the source code and haven't reviewed the underlying technology. Back in Akron, the judge in Rankin's case ordered the Cybercheck evidence excluded after prosecutors failed to turn over the source code. The Summit County Prosecutor's Office declined to comment when reached by BI. It's unclear how many others may be behind bars because of Cybercheck evidence that was never rigorously scrutinized.
Persons: Adarus Black, Black, Na'Kia Crawford, Crawford, Adam Mosher, Mosher, Cybercheck, Chris Ramsey, It's, That's, Donald Malarcik, Summit County who've, Javion Rankin, Tyraye Carter, Rankin, Malarcik, Eric Zale, Zale, Mr, Shara Munn, she'd, Freiheit, Meghan, Breck, Roesch, weren't, They've, who's, isn't, Phillip Mendoza, Kimberly Thompson, Brian James, Tyree Halsell, Mendoza, Mosher's, Steve Michniak, Michinaik, William Holland, Brian Stano, Katherine Long, Jack Newsham Organizations: Business, NBC News, Cybercheck, Prosecutors, Police, Fleming College, Technicians, Akron Police Department, University of Saskatchewan, Summit, Prosecutor's, BI Locations: America, Akron , Ohio, Ohio, Colorado , New York, Florida, New York, Philadelphia, Houston, Denver, Akron, Summit County , Ohio, Canada, Toronto, Summit County, Boulder , Colorado, New Brunswick, Calgary, Colorado, Nevada, Pennsylvania, Colorado , Ohio, East Akron , Ohio, Summit, Portage County, Lake Erie
Tim Walz to be her vice president. Walz has championed a range of progressive policies like free school lunch and tuition-free college. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Tim Walz as her running mate.
Persons: Kamala Harris, Tim Walz, Walz, Trump, , He's, Donald Trump Organizations: Minnesota Gov, Service, America, Democratic, Business Locations: Minnesota
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