3 Sectors Took a Nosedive in Latest Jobs Report

So much for high expectations. Economists had estimated that 185,000 jobs would be added in May. Instead, numbers out today show that only 75,000 positions were added. And those only made up for the 75,000 job downward revision for March and April. “Even if the labor market and overall growth are just downshifting for cyclical […]

A Billionaire Just Pledged to Pay Off The Student Loans For This Entire Graduating Class

Billionaire investor Robert F. Smith announced in a commencement address at Morehouse College on Sunday that he would pay off the student loans of every member of the class of 2019, according to multiple reports. “On behalf of the eight generations of my family that have been in this country, we’re gonna put a little […]

Warren Wants to Cancel Student Loan Debt. Here’s Who Would Benefit

Democratic presidential candidate Elizabeth Warren’s new student-loan forgiveness plan includes specific policies that would help black and Latino students, two groups that tend to carry disproportionately high levels of educational debt. Her proposal, which is estimated to cost $1.25 trillion over a decade, creates a minimum $50 billion fund for Historically Black Colleges and Universities […]

Kamala Harris’s First Policy Rollout: $315 Billion to Boost Teacher Pay

Senator Kamala Harris (D-Calif.) announced on Tuesday the first major policy initiative of her 2020 presidential campaign: a $315 billion, ten-year federal package to increase public-school teacher pay. The campaign has billed the plan as the “the largest investment in teachers in American history.” The money would subsidize pay of K-12 teachers and provide financial […]

Low-Income Students Are Increasingly Filing Financial Aid Forms Too Late

Many low-income students are hurting their chances to get financial aid because they file the federal form too late, according to the Wall Street Journal. A new study from CampusLogic, which makes software for schools to manage financial aid, reviewed 2.4 million filings of the Free Application for Federal Student Aid, or FAFSA, form. Of […]

New York City Public Schools Join ‘Meatless Mondays’ Campaign

New York City public schools have become the latest district to take a stab at vegetarian lunches for meatless Mondays. The program piloted in 2018 in 15 Brooklyn schools. New York City Mayor Bill de Blasio announced on Monday that the plans would expand to include all 1.1 million students in city public schools by […]

Applicant Data Hacked and Ransomed at 3 U.S. Colleges

Three colleges across the U.S. have been hacked. And now, the hackers are seeking a big payday before they hand over information. Oberlin College in Ohio, Iowa-based Grinnell College, and New York’s Hamilton College were targeted recently by hackers that stole data on students applying for admission to their schools, according to The Wall Street […]