The administration of President Donald Trump is closer to watering down Obama era rules that protected college students defrauded by universities from having to pay back their student loan debts, according to a Department of Education draft proposal acquired by Politico.Read More
By Concealing Identities, Cryptocurrencies Fuel Cybercrime
When hackers hold their victims’ data for ransom, as happened in the WannaCry and NotPetya ransomware attacks that spread across the globe in mid-2017, a key to the criminals’ success is getting away with the money. That often means they use cryptocurrencies like bitcoin to collect payment, hoping to remain hidden behind a digital mask.Read More
Former Apple CEO John Sculley On Steve Jobs Clashes, Advice For Millennials
In this connected age, it may seem like a distant memory when no one had a computer. However, former Apple CEO John Sculley remembers how back in the 80s the Cupertino company struggled to convince people they needed a computer.
Sculley spoke to International Business Times about his time at the tech company. Sculley, now 78, joined Apple in 1983 and remained there for 10 years.
Clashes Between John Sculley And Steve Jobs: The Macintosh Office PrinterRead More
Millennials Would Rather Live In A Socialist Nation Than A Capitalist Country, Survey Says
A new survey conducted by the Victims of Communism Memorial Foundation, a Washington, D.C.-based nonprofit organization, found 44 percent of millennials would rather live in a socialist nation than a capitalist country. Read More
In An Uncertain Economy, Networking Is Millennials' Social Safety Net
Today’s new workforce entrants and soon-to-be college grads face a rapidly-evolving gig economy, as well as the prospect of multiple career switches and necessary, unpaid labor of online self-promotion and brand building. In an era where it seems as though the only certainty, aside from death and taxes, is hyperconnectivity, a young worker’s best hope for a safety net is the establishment of a solid professional network, according to Kelly Hoey, a former lawyer turned tech investor, author and networking guru.Read More
Millennials Are Most Likely To Share Their Salaries With Co-Workers
Millennials are the generation most likely to share how much money they make with their co-workers, says a new market research study on money and relationships. Nearly one third of Millennials share salary information with colleagues, significantly more than members of Generation X or the Baby Boomers.Read More
NerdWallet CEO On How City Life Changes The Financial Goals Of Millennials
NerdWallet has become a unique sort of startup success story: It’s both a credit card comparison platform and a media company that has produced more than 12,500 articles on personal finance. Last November, NerdWallet co-founder Tim Chen hired Tapan Bhat, a Realtor.com, Yahoo and Quicken alum, to be the company’s first Chief Product Officer.Read More
‘Whose Your Landlord’ Is More Than Yelp For Housing
Home ownership is plummeting among millennials, and it’s not because they eat too much avocado toast. Rent prices are rising, while incomes remain stagnant. No matter how much grit you have, these issues remain largely out of one’s individual control. However, there is one choice we all make when it comes to finding a place to live: choosing a landlord.Read More
Where Your Parents Went To College Still Matters For Admissions. Here’s Why
Last week, Harvard University's student newspaper dropped jaws and raised eyebrows when it reported a staggering portion of legacy students within its class of 2021. That number has since been revised significantly lower, but it's eye-popping all the same: A full 29.3 percent of the incoming class of 2021 has a relative who attended the university, reported the Harvard Crimson, surveying half of the class population — a larger percentage than the three previous classes.Read More
Millennials' Best Chances Of Climbing The Ladder, According To Two Recent Studies
As the gap between those at the top and bottom of the income spectrum has widened, the socioeconomic ladder appears increasingly stretched and cluttered with obstacles. But two recent studies point to ways young Americans can get a leg up in the climb toward economic prosperity.Read More
Millennials Have Another Debt Crisis You May Not Have Heard Of
America’s largest generation is frequently painted as the poster child for the student debt crisis, but college loans are not millennials’ sole credit problem. Nearly two in five have subprime credit and, according to a new study, the cards those individuals are most eligible for — and for which they’re often targeted through pre-approved offers — can cost them dearly.Read More
Millennials Can’t Afford Homes Because Of Bachelor Parties, Weddings, Study Says
Move over avocado toast — bachelor parties are the latest reason millennials can’t afford houses, according to a new study. A report by real estate website Zillow and wedding website The Knot found that the average millennial man spends $1,532 on a destination bachelor party weekend when accounting for accommodations, travel and other expenses. For women, that number is about $1,106 for a weekend.Read More
Do Rich People Actually Know How Wealthy They Are?
The UK suffers from the highest levels of income inequality in Europe – partly because of the delusions of its rich. In countries where the rich have less, they tend to be less delusional, about themselves, about other people, about what is possible, and about why some become rich.Read More
Until the advent of cheap credit and cheaper item costs, for many consumers in the 1960s, 1970s and 1980s rental was the most accessible way of obtaining products such as televisions, video recorders and washing machines that were high cost and frequently required repair. Now we buy cheap and pile high or just chuck out when something stops working – even if we could fix it.Read More
Millennials Are Splitting Into Haves And Have Nots
Millennials make up the majority of workers earning minimum wage or below, but more than half of them don’t want the mandated payout raised to $15, according to a survey of more than 3,000 college students from the student loan refinancing marketplace LendEDU.Read More
World Breastfeeding Week 2017: When Not To Breastfeed Your Baby
World Breastfeeding Week stretches from Aug. 1 to 7 and is aimed at making young mothers aware of the benefits of breastfeeding which has long been considered to be the best nutrition for a newborn baby.
Even though it is recommended that newborn babies are to be breastfed until it is time for them to be weaned as a mother’s milk boosts the immune system of a baby and keeps him/her away from infections, yet there are situations when mothers are forbidden from breastfeeding.Read More
Why Some Students Excel In College While Their Classmates Don't
Anyone who’s been through the admissions process knows that getting into college can be extremely competitive and often agonizing, with the most elite colleges accepting less than one in 10 applicants. But what happens after students get settled into school — or, rather, why do some students continue their high-achieving trajectory, while others, who’ve passed through the same admissions barriers, fall by the wayside?Read More
Poor Password: 92 Percent Of Millennials Reuse Login Security Identification
A new study finds more than eight in 10 Americans reuse their passwords, and many others continue to use inadequate security practices when it comes to the passwords they use to protect their accounts.Read More
The US Economy And How Loans Are Putting Growth At Risk
This article was originally published on the Motley Fool.
While the economy seems to be headed in the right direction, the chairwoman of the Federal Reserve is worried that uncertainty surrounding domestic and global issues could impede its progress.Read More
How To Ask For Your First Raise, Real Feedback From Your Boss And More, From An Expert On Leadership At Work
With summer in full swing, members of the class of 2017 are likely entering — or have recently entered — their first-ever long-term full-time jobs. With that first come many others: finding an office mentor, asking for feedback and, ultimately, asking for a raise and perhaps a promotion.Read More
China's Renminbi Is Joining The IMF's Elite Currency Club
The International Monetary Fund will today usher China's renminbi into the elite club of currencies that make up the organization’s basic unit of exchange. While being a component of the IMF's Special Drawing Rights move is a political plum for Beijing, it won't drive the internationalization of Chinese financial markets, which will turn on China's willingness to allow foreigners to invest in its largely insulated bond market.Read More
Monday Classes Canceled At University Of Chicago After Online Threat Flagged By FBI
Citing an online threat of gun violence found by the FBI, the University of Chicago is suspending classes Monday, the university said in a statement Sunday evening. The school will increase security, and armed police will be present on campus. The school also said its security personnel remain in contact with the FBI, which will continue to investigate the threat.Read More
Saudi Arabia’s Bad PR Fuels Talk Of Riyal Devaluation
DUBAI, United Arab Emirates (Reuters) -- Speculation that Saudi Arabia could devalue its currency may owe more to a poor public-relations effort by Saudi authorities than to the economic pressures on the kingdom. Riyadh has the tools available to protect itself as low oil prices push the current account and budget balances of the world's top crude exporter deep into deficit, senior bankers in Saudi Arabia and the Gulf said.Read More
Student Loan Debt Relief: More Millennials Turn To Crowdfunding, Seeking Help From Family And Friends
Erin Fox received a piece of bad news a few months ago, and it wasn’t entirely unexpected. Despite juggling two jobs since graduating from the University of Maryland in 2008, she was approaching a default on her student loans.Read More
US Federal Reserve Interest Rate Hike Risks Turmoil In Emerging Markets
If the U.S. Federal Reserve fumbles its long-planned move toward higher interest rates, the sharpest words about Fed Chair Janet Yellen are likely to come from the Turks, Brazilians, Indians, and Chinese, who borrowed in the currency that the American central bank issues. In these once-soaring emerging markets, the U.S. dollar may be their problem.Read More
Is Grad School Worth It? How To Avoid The Most Common Graduate School Money Mistakes
For Patrice Lee, the lure of graduate school was too much to resist. After getting interested in politics at the undergraduate level, she went on to earn her master’s degree in political science from Boston College, with a concentration on international relations and comparative studies of South Africa. At 33, Lee has over $80,000 in student loan debt and a job where she’s not using the expertise she developed in graduate school.Read More
Who Is Melissa Click? University Of Missouri Professor Resigns Courtesy Position With Journalism School After Confrontation With Student Journalists
The University of Missouri professor at the center of a growing backlash for her confrontation with members of the media during a protest Monday on campus has stepped down from her courtesy appointment in the journalism school, according to a new report. Melissa Click, who taught at the Missouri School of Journalism but is keeping her post teaching mass media in the university's communications department, was caught on video inciting a physical confrontation with student reporters, urging people to help her remove them from the area where the protest was taking place.Read More
University Of Alabama Students Identified After Videotaped Arrest Goes Viral; Officers Suspended With Paid Leave [VIDEO]
Three University of Alabama students who were arrested and charged after an incident early Sunday morning were identified Monday in a press release. The scuffle gained national attention after a video went viral showing police officers dragging three individuals across the floor and striking one with a club and a stun gun, the Huffington Post reported.Read More
Amid President's Resignation, University Of Missouri Students, Alumni Say Protests A Product Of Longstanding Racial Issues On Campus
It felt off for Kennedy Robinson, who is African-American, when she joined the predominantly white Sigma Kappa sorority her freshman year at the University of Missouri. She never felt like she belonged. After being initiated as a sister, Robinson said she left Sigma Kappa after just one month.
"I felt like I was an outsider, so I dropped it after that," she said in a phone interview Monday. Nobody was outright mean to her, but she said it was uncomfortable. "They didn't know how to talk to me," said Robinson, now a 21-year-old senior. Read More
University Of Missouri Football Coach Gary Pinkel Supports Black Players Demanding President Quit
The head coach of the University of Missouri’s football team, Gary Pinkel, gave his full backing Sunday to the black players who are threatening to boycott games and team activities. Pinkel, who is white, stood behind his Missouri Tigers, who are demanding the resignation or removal of the school’s embattled president, Tim Wolfe, over what they call his failure to address racism on campus.Read More
Coding Boot Camps Go After Veterans To Take Silicon Valley's Vacant Tech Jobs
SAN FRANCISCO -- When John Hampton was honorably discharged from the Army this year, he decided to pursue a lifelong interest: coding. That’s why in May Hampton, 34, applied for and started attending Iron Yard Academy, a coding boot camp in Greenville, South Carolina.
It was a wise decision and one that paid off after 12 weeks of coursework and more than 800 hours of programming. Hampton is now living in Atlanta, where he works as an intern for a Web development firm, an opportunity that lets him continue learning software development as he eases into his newfound tech career.Read More
China Posts Increase in Foreign Currency Reserves As Markets Rebound
China’s stockpile of foreign exchange grew for the first time in six months, rising to $3.53 trillion at the end of October from $3.51 trillion in September, according to People’s Bank of China (PBoC) data released Saturday.Read More
Does Religion Make People Selfish? Secular Kids Are More Likely To Share, Study Says
In an ideal world, religion is supposed to instill positive moral values in its followers. But a new study finds that non-religious children are more generous than their religious counterparts.Read More
Dollar At Three-Month High As Payrolls Paralysis Sets In
LONDON (Reuters) - The dollar was at three-month high on Friday and world shares headed for their fifth of six weeks of gains, ahead of U.S. jobs data expected to nudge the Federal Reserve towards its first interest rate hike in almost a decade.
Bets on a December Fed hike are very much back on following the U.S. central bank's last meeting and the dollar's strength, combined with the highest 2-year U.S. government bond yields since 2011 showed there were high hopes for the jobs numbers.Read More
Too Many Tests? How Obama's Push For Fewer Assessments Could Affect Education Companies
The pushback against standardized testing gained a valuable ally this weekend, but the other side won't go down easy. President Barack Obama appeared in a White House video Saturday urging lawmakers to limit the amount of classroom time spent preparing for and taking certain assessments.Read More
Deutsche Bank Mistakenly Transferred $6B To American Hedge Fund Client's Account: Report
Germany's largest lender Deutsche Bank AG mistakenly sent $6 billion to an American hedge fund client in June, Financial Times reported Monday. The error, which was resolved in a day, brought the investment bank’s operational and risk-control deficiencies under the scanner.Read More
Ahmed Mohamed White House Visit: After 'Clock' Arrest In Texas, Teen To Participate In Astronomy Night
Ahmed Mohamed, the Texas teenager who became a household name following his arrest last month over a supposed homemade clock he brought to his school, was expected to take up President Barack Obama’s invitation to visit the White House Monday night.Read More
Michelle Obama Launches Website As Part Of 'Reach Higher' Initiative To Help Children Get Higher Education
Michelle Obama announced Monday the launch of a new public awareness campaign under her Reach Higher initiative, which would motivate children to opt for studies after high school. The campaign called Better Make Room (BetterMakeRoom.org) will allow students to get information on forms required for higher studies, including federal aid forms and college applications.Read More
Vladimir Putin's Aides, Including Rotenbergs, May Have Benefited From Deutsche Bank Trades: Report
Many close aides of Russian President Vladimir Putin may have benefited from so-called mirror trades worth $6 billion conducted by Deutsche Bank AG between 2011 and early 2015, Bloomberg reported, citing sources familiar to the issue. The U.S. Department of Justice is currently investigating if the bank conducted proper background checks on the transactions that could have covered up the flow of money from sanctions-hit Russian nationals.Read More
Arizona State Free MBAs: University's Business School Tries New Recruiting Tactic
Arizona State University’s business school is trying out a new recruiting tactic: making its tuition free. Starting in the fall of 2016, the W.P. Carey School of Business will offer full scholarships for all students enrolling in its two-year full-time M.B.A. program, Bloomberg reported Thursday.Read More
Federal Reserve Beige Book Reveals Strong US Dollar Is Restraining Manufacturing Activity
The U.S. Federal Reserve’s latest Beige Book, released Wednesday, reveals that the strong dollar was hurting the manufacturing sector in mid-August through early October, according to anecdotal comments from contacts outside the Federal Reserve. Meanwhile, China, the world’s second-largest economy, also continued to weigh on businesses during the same period, the Fed said in the report.Read More
Bill Banning ‘Religious Doctrine’ In Tennessee Public Schools Called Islamophobic By Muslim Civil Rights Group
A state lawmaker in Tennessee has proposed a new bill that would ban public school students in the state from learning “religious doctrine.” The Council on American-Islamic Relations, a national group that promotes civil rights for Muslims, says the bill is rooted in Islamophobia and bigotry.Read More
Sub-Saharan Africa Rates Poorly In Equal Education For Boys And Girls: UN
LONDON (Thomson Reuters Foundation) - Less than half of the world's countries have equal numbers of girls and boys in school with not one sub-Saharan African nation achieving equality, according to a United Nations report released Monday to mark International Day of the Girl Child.
A set of global goals agreed by the 193 U.N. member nations in 2000 aimed to end gender disparity in primary and secondary schools by 2005 and in all levels of education by 2015.Read More
More Jobs For New Grads? Employers Want To Hire 15 Percent More College Graduates in 2015-16 Academic Year: Report
For the third year in a row, college graduates can look forward to more companies making new hires, according to a new report from Michigan State University. Companies are projected to hire 15 percent more college graduates during the 2015-2016 year, driven mostly by company growth, employee turnover and a high number of employees retiring.Read More
China’s Foreign Exchange Reserves Fell Again In September, But Rate Of Decline Slows; Markets React With Surge
SHANGHAI -- China’s foreign exchange reserves fell again in September, for the fifth month in succession. However the drop of $43.3 billion dollars was less than half that in August, when reserves plunged $93.9 billion and set alarm bells ringing about capital outlfows, following China’s devaluation of its currency.Read More
Lorie White works for a non-profit in New York State that helps families in poverty. Last winter, however, she had her own financial troubles. With $76,000 in debt from a bachelor's degree and a master's in art therapy, she says an income-based repayment plan has helped her manage a monthly budget. But last winter, she saw that nearly $800 was debited from her account, instead of the usual $30. Read More
Eid Al-Adha 2015: NYC Muslim Students Celebrate Victory As Public Schools Observe Religious Holiday For The First Time
When Isabel Bucaram’s daughter, Huyam, was in first grade at a New York City public school seven years ago, she had to miss a class field trip to see “The Nutcracker” ballet at Lincoln Center for the Performing Arts in Midtown Manhattan because the trip fell on Eid, a Muslim religious holiday.Read More
English Teacher Jobs In China: Caucasian Only Newspaper Ad Could Violate Hong Kong's Anti-Discrimination Ordinance, Report Says
No need for blacks, Latinos and other racial minorities to apply for a job teaching English with at least one Catholic school in Hong Kong. A job advertisement for a part-time English teacher at Mission Covenant Church Sister Annie’s Kindergarten and Nursery shows the position is for white applicants only.Read More
Buhari Opposes Further Nigerian Currency Devaluation, Endorses Central Bank's Restrictions
Nigerian President Muhammadu Buhari said Wednesday he opposed further currency devaluation in the oil-rich West African nation, which has been hit hard by a global oil glut and crashing crude prices. The 72-year-old leader also endorsed the Nigerian central bank’s policy of limiting foreign-exchange trading, according to Reuters.Read More
Fired Citigroup Trader Goes To Court, Alleging Senior-Level Wrongdoing
A former trader at Citigroup, fired for his alleged role in the global foreign exchange rigging scandal, has begun airing his former employer’s dirty laundry in a wrongful dismissal lawsuit that could prove damaging for a firm trying to bury old scandals.
Perry Stimpson told a court London this week that the U.S. bank's involvent in foreign exchange malfeasance was not merely the actions of a few aberrant individuals but business as usual tacitly encouraged by senior staff.Read More
Intel Drops Support For Science Talent Search, Former Intel CEO Craig Barrett 'Disappointed'
Intel, the world’s largest manufacturer of semiconductors, announced Wednesday that it is dropping support for a prestigious science and mathematics competition for American high school students.
The Science Talent Search, as the contest is known, brings 40 high school students together in Washington, D.C., to meet leaders in the tech industry and the government every year, and boasts of eight Nobel Prize winners.Read More
Most Innovative Colleges Rankings: Top Universities For Progressive Courses, Faculty And Facilities
Innovation happens quickly and it's up to schools and universities to adapt to advances in all fields of study. For the first year, U.S. News & World Report ranked the colleges that are already looking ahead.Read More
Best US Colleges For Value: Where To Enroll To Graduate With The Least Debt And Best Job Prospects
Choosing which college to attend is not an easy decision. There are many factors to consider -- from dorm room size to location -- but one of the most important should be the value of the degree. College is an investment and incoming students need to assess what school will provide the best return.
The prospect of unemployment after graduation and mounds of student debt is nightmarish enough to keep anyone up at night all four years, so U.S. News & World Report looked at the schools with the best value.Read More
What Are The Most International Universities? Top US Colleges For Highest Percentage Of Foreign Students Ranked
American universities enrolled more foreign students than ever last year, with more than 1.13 million students arriving from abroad for college. Campuses have become more international as a result, and many schools saw their highest rates of foreign students matriculated.Read More
College Rankings 2016: Top US Universities Announced For US News & World Report's Annual List
U.S. News & World Report released its annual "Best Colleges" report Wednesday, whittling down more than 1,300 of the country's academic institutions to a definitive ranking of the 2014-15 year. Rank was determined by 16 different measures of academic quality, with the most emphasis on graduation and retention rates. The report also looked at endowment, financial resources, student selectivity and faculty resources.Read More
2016 Candidates Linked To For-Profit Colleges Amid Calls For More Affordable Higher Education
Nearly every 2016 presidential candidate, of both parties, has spoken out about the burgeoning student loan crisis in recent months. It’s a vital issue for young voters whose support the candidates know can make or break their bid for office.Read More
Metal Gear Solid 5: Where To Find Birthday And P.T. Easter Eggs
“Metal Gear Solid 5” was released on Tuesday, and already players are finding a number of easter eggs throughout the game. This includes a birthday surprise and a radio report from horror game P.T.Read More
Marijuana Legalization 2015: Is It Time For The Cannabis Industry To Grow Up And Go To College?
It's a university far off the radar of the Princeton Review annual college rankings -- yet it boasts more than 25,000 graduates, all lured by the promise of careers in the rapidly-growing cannabis industry. Through sheer force of academia, marijuana-centric Oaksterdam University in Oakland, California, is determined to foster a sense of legitimacy in a line of business that struggles with stigma.Read More
India's Central Bank Pledges To Contain Stock Market, Rupee Losses
India's stock markets saw major losses after opening Monday, joining a list of markets worldwide that are reacting to concerns over China’s economic instability and slowdown.
The BSE Sensex and the Nifty, India’s two biggest stock exchanges, crashed nearly 4 percent Monday, and the rupee slumped 1 percent to reach a two-year low against the dollar.Read More
More tactics news Kazakhstan’s currency, the tenge, plunged in value on Thursday against the U.S. dollar, seeing an unprecedented dip of 23 percent after the currency was allowed to float freely.
The country eased controls on its exchange rate, joining a growing number of developing markets that are abandoning efforts to prop up their currencies ahead of the U.S. raising its interest rates.Read More
Japan School Children Suicides: After Vacation, Many Young Students Kill Themselves, Study Finds
A significant number of Japanese children commit suicide as they return to school from summer and spring vacations, a government study has found. The largest number of children, defined as those under the age of 18, killed themselves on Sept. 1, the day that many schools reopen.Read More
Yuan Falls To 4-Year-Low, Raising Fears Of Global Currency War
China’s yuan fell to a four-year low in early Wednesday trading, slipping further a day after the country’s central bank devalued the currency to make its exports more competitive and boost sluggish economic growth. The People’s Bank of China (PBOC), which described the move as a one-off step, also sought to reassure markets that the current trend will not lead to a steady depreciation.Read More
China Tries To Calm Currency War Fears As Yuan Slips Further
SHANGHAI (Reuters) - China's yuan hit a four-year low on Wednesday, falling for a second day after authorities devalued it in a move that sparked fears of a global currency war and accusations that Beijing was giving an unfair advantage to its struggling exporters.
Spot yuan fell to 6.43 per dollar, its weakest since August 2011, after the central bank set its daily midpoint reference at 6.3306, even weaker than Tuesday's devaluation. The currency fared worse in offshore trade, touching 6.57.Read More
Oregon Christian University Professor Fired Over Pregnancy, Lawsuit Claims
A former assistant professor at Northwest Christian University in Eugene, Oregon has filed a $650,000 lawsuit against the university, alleging that she was fired two weeks ago because she became pregnant out of wedlock, The Register-Guard reported. Coty Richardson, 35, filed the lawsuit Tuesday in Lane County Circuit Court.Read More
LONDON (Reuters) - The dollar rose to its highest in more than three months and U.S. Treasury yields rebounded from two-month lows on Wednesday, after a Federal Reserve official said the central bank was close to raising interest rates.
The comments on Tuesday from Atlanta Federal Reserve President Dennis Lockhart, regarded as one of the Federal Open Market Committee's centrist policymakers, put next month back on the table for the first U.S. rate hike in almost a decade.Read More
Respite For Commodities As Dollar Wilts, China Bounces
LONDON (Reuters) - Oil prices steadied at $50 a barrel after a 5 percent drop and badly bruised commodity and Chinese markets were calmer generally on Tuesday, as investors attempted to shake off the recent turbulence.
European stocks reversed some of the previous day's gains and safe-haven German government bonds were in demand as the region opened, but there was some respite for commodities and their related currency and share markets.Read More
Florida Teachers Will Get Bonuses Tied To Their ACT, SAT Test Scores
Florida teachers have received instructions for seeking the new and controversial Best and Brightest scholarships that are directly tied to an educator's performance on the SAT or ACT. While they are called scholarships, the awards are not for continuing education and are in fact a bonus -- up to $10,000 -- to a teacher's annual salary.Read More
Gay High School Valedictorian Kept From Coming Out In Graduation Speech; Report Finds No Discrimination
A Colorado valedictorian was blocked from delivering a graduation speech in which he planned on coming out as gay to his high school, and a review of the incident commissioned by the school concludes that he was not discriminated against. Evan Young, 18, was barred from delivering his speech by now-departed principal B.J. Buchmann after it was discovered that he planned on coming out and had prepared jokes that named specific students.Read More
Tuition Reimbursement: Brooklyn Law School To Give Refunds Based On Timing Of Job Placements
Graduates of a law school in New York could soon have part of their tuition reimbursed thanks to a new incentivized initiative that is based on how long it takes them to secure employment after graduation. Brooklyn Law School's new program, “Bridge to Success,” would give alumni 15 percent of their total tuition if they have not found a job within nine months of graduation, the school announced Monday.Read More
Yale University Petition To Rename Calhoun College Joins Nationwide Pushback Against Confederate Symbols
A group of Yale University students and alumni is circulating a petition calling for the school's Calhoun College to be renamed amid a nationwide push to remove the Confederate flag and symbols from public places. As of Monday morning, more than 1,200 people had signed a Google Doc arguing that it's disrespectful for Yale to have a building honoring John C.Read More
The self-declared Islamic State is issuing its own currency, and some of the coins supposedly are worth as much as $139.
The first images of the ISIS coins were shared online by an anti-ISIS activist in Syria. It was Abu Ibrahim al-Raqqawi who shared the images on Twitter. The pseudonymous activist is the founder of Raqqa is Being Slaughtered Silently. He said ISIS militants were going to use the coins soon.Read More
For-Profit Colleges' 90/10 Loophole Latest Target For Democrats With Military And Veterans Education Protection Act
Three Democratic senators have introduced legislation that would close a loophole allowing for-profit colleges to take in increased amounts of federal money by collecting veterans' tuition. Sens. Tom Carper of Delaware, Dick Durbin of Illinois and Richard Blumenthal of Connecticut formally announced their Military and Veterans Education Protection Act on Wednesday.Read More
Trans Pacific Partnership: House Approves Fast Track Trade Bill In Close Vote; Headed To Senate Next
With pledges of help from House Speaker John Boehner, R-Ohio, and Senate Majority Leader Mitch McConnell, R-Ky., the House of Representatives voted for a six-year renewal of trade promotion, giving the president fast-track trading authority. The bill now heads to the Senate and, if passed, will make it easier to enact the Trans-Pacific Partnership, a 12-nation trade pact with Asia-Pacific nations touted by President Barack Obama.Read More
Utah School Introduces 'Texting' Walk Lane For Students Who Can't Look Up From Their Phones
Utah Valley University has come up with a novel solution to slow-walking texters. The stairway to the new Student and Wellness Center has three separate lanes: walking, running and texting. Students with eyes glued to their phones never have to worry about slowing people down again.Read More
Snapchat CEO Evan Spiegel To Party On Daily Mail Yacht At Cannes Festival
Yachts and talk of flowing money set in the French Riviera. Sounds like a party any 25-year-old California native worth billions would want to attend. Indeed, that’s what’s in store for Snapchat CEO Evan Spiegel next week at the Cannes Lions International Festival of Creativity, Adweek reports.Read More
Who Is Karen Fitzgibbons? Texas Teacher Fired For McKinney, Segregation Message To Facebook
A Texas teacher was fired after she wrote a Facebook post Tuesday saying she was “almost to the point” of wanting segregation after the police officer in the McKinney pool party incident resigned. Karen Fitzgibbons, who taught at Bennett Elementary school in Wolfforth, deleted the public post Wednesday, reported the Lubbock Avalanche-Journal. The Frenship Independent School District later released a statement indicating she had been let go.Read More
#DistractinglySexy Twitter Meme Takes Off After Scientist Tim Hunt Resigns Over Sexist Comments
Nobel laureate Sir Tim Hunt resigned Wednesday from his post as honorary professor with University College London's Faculty of Life Sciences after comments he made at the World Conference of Science Journalists that were deemed sexist made the rounds in social media. Then, Twitter users did what they do best: mocked him with the trending hashtag #DistractinglySexy.
Hunt, 72, a biochemist, was awarded the Nobel Prize in Physiology or Medicine in 2001 for groundbreaking work on cell division.Read More
Behind Harvard Case Over Asian Admissions, A Broader Agenda: Report
In recent months, Harvard University has come under attack in court for allegedly limiting the number of Asian-American students it admits. A Reuters examination reveals how the lawsuit brought in their name arose from a broader goal: upending a nearly 40-year-old Supreme Court decision that has primarily helped blacks and Hispanics.Read More
White House Denies Obama Said Strong Dollar A Problem
A senior U.S. official denied on Monday a news wire report that President Barack Obama had told a Group of Seven industrial nations' summit that the strong dollar was a problem.
Bloomberg News earlier quoted a French official as saying Obama had made the comment.Read More
Nigerian Students Displaced By Boko Haram Rejected By Government Schools, Denied Education
Hundreds of Nigerian students displaced by Boko Haram have been rejected by government schools in the capital city Abuja, local media reported. The schools have denied the children education because they lack necessary documents to be granted admission – papers they left behind along with their homes and belongings when they escaped the murderous terrorists in northern Nigeria.Read More
Bill Gates Urges Students To Stick With College, Even Though He Dropped Out
Graduating from college is still one of the best career choices that a person can make – that’s the message that Bill Gates, the billionaire co-founder of Microsoft who dropped out of one of America’s top colleges after just two years, has for today’s students. He says that for most people, a college degree still makes it more likely that they will achieve a higher income, greater career satisfaction and even a longer life.Read More
Chicago Public Schools CEO Resigns: Barbara Byrd-Bennett Quits Amid $20.5M Federal Probe
The CEO of the Chicago Public Schools, Barbara Byrd-Bennett, has resigned, effective immediately, amid a federal probe into a $20.5 million no-bid contract awarded to her former employer. Byrd-Bennett, who has been on paid leave since mid-April, delivered her resignation notice Friday. Her leave was scheduled to end next week, though she was already not expected to return to her post.Read More
Yuan No Longer Undervalued But Further Reforms Needed: IMF
China's yuan currency is no longer undervalued after its recent substantial appreciation, but the government should quicken reforms to get to having "a floating exchange rate", the International Monetary Fund said on Tuesday.
The IMF has previously labeled the yuan as "modestly undervalued", despite the currency's gradual appreciation since a landmark 2005 revaluation. The yuan has gained sharply against most non-dollar currencies in recent months.Read More
Why Everyone From Bankers To Filmmakers Is Changing Careers And Learning To Code (Hint: It’s Where The Money Is)
Code schools, where aspiring filmmakers or seasoned bankers can learn to become software developers, are more numerous and popular than ever as a broad spectrum of hopefuls ditch other career plans in hopes of creating the app that powers the next Uber or Airbnb. Indeed, coding education is spawning a blossoming cottage industry. Four-year-old General Assembly now operates over 80 schools across 12 campuses and has pulled in nearly $50 million in funding. Test prep leader Kaplan acquired Dev Bootcamp last year.Read More
Zimbabwe Proposes Compulsory Chinese Lessons, Stirs Controversy
The Zimbabwe government has proposed adding the Chinese language to its curriculum in state-run schools. While many support the idea, which could give students better job prospects in a country that has long had a connection to China, critics say it’s not worth the resources when teachers are already had to come by and traditional languages are in jeopardy.Read More
As Banks Face Historic Guilty Pleas Over Foreign Exchange Manipulation, Critics See Regulators Going Easy
This week, the Justice Department is expected to make a historic announcement: Major American banks are pleading guilty to criminal charges. After years of complaints over what watchdogs see as tepid bank punishments, federal prosecutors will finally bring home the prize catch. After the hefty fines and guilty pleas fall from the news cycle, however, it will be business as usual for the banks.Read More
Kennesaw State Waiting Room Video: Watch Black Student Get Threatened
Kennesaw State University student Kevin Bruce was willing to wait to see his college adviser this week, even if that meant sitting for an uncomfortably long time in the waiting room before meeting with the professor. But an employee seemed threatened by his patience and threatened to call campus police, claiming that Bruce's waiting there amounted to harassment. Bruce, who is African-American, recorded a video of the white university employee’s threats and tweeted it to his followers Wednesday night.Read More