Share to Twitter Share to Linkedin Student loan debt in 2022 is now more than $1.7 trillion. The latest student loan debt statistics for 2022 show that there are 45 million borrowers who collectively owe approximately $1.7 trillion in student loan debt. Student loan debt is now the second-highest consumer debt category — second only to mortgage debt and higher than debt for both credit cards and auto loans. The Covid-19 pandemic has significantly impacted student loans. In March 2020, Congress responded with historic student loan relief, including pausing federal student loan payments. Both President Donald Trump and President Joe Biden extended the student loan payment pause multiple times. Biden paused federal student loan payments through August 31, 2022. Student loan cancellation has become the hot topic with student loans. For years, progressives in Congress have lobbied Biden to cancel up to $50,000 of student loans. The president has called on … [Read more...] about Student Loan Debt Statistics In 2022: A Record $1.7 Trillion
Ap top 25 college basketball 2019
Bitcoin Trailblazer Raises Capital To Create Interplanetary Cryptocurrency
LedgerX co-founder Paul Chou is building on the sale of the company he created by raising capital for a new kind of cryptocurrency that can be spent on Earth, the Moon, Mars and beyond. I t’s just before midnight on a rainy autumn Friday. Paul Chou and his entourage dodge puddles on the runway of the Teterboro Airport in New Jersey as they board a Gulfstream private jet bound for Las Vegas. The flight attendant cracks open a bottle of champagne and with a nod welcomes the passengers aboard. The girls disappear into the back and emerge minutes later wearing sequined cocktail dresses and feather boas. Sensing she’s in for a party, the attendant offers a round of tequila shots just as the inertia from the plane taking off to the Bellagio Hotel & Casino forces her laughing into her seat. Ostensibly, Chou, 38, is celebrating not only his birthday but the sale for an undisclosed amount of LedgerX, the ground-breaking bitcoin derivatives firm he co-founded with his wife in … [Read more...] about Bitcoin Trailblazer Raises Capital To Create Interplanetary Cryptocurrency
UAAP: Ateneo makes it 3 in a row with win over UE
Ateneo Blue Eagles celebrate during a game against the UE Lady Red Warriors in the UAAP Season 84 women’s volleyball tournament at Mall of Asia Arena. UAAP PHOTO MANILA, Philippines—Ateneo posted its third straight win in the UAAP Season 84 women’s volleyball tournament after beating University of the East, 25-14, 20-25, 25-11, 25-14, Tuesday at Mall of Asia Arena. Faith Nisperos tallied 19 points on 15 attacks, three aces, and a block to go along with seven excellent receptions while Vanie Gandler produced 16 points on 12 attacks that went with 14 excellent digs to lead the Blue Eagles to a share of the third spot with University of the Philippines. “We’re not counting the streak, we just want to be better every game and this game is not different from the other games. We also had to prepare for UE,” said Ateneo head coach Oliver Almadro. “We know for a fact that they are also fighting and if you don’t pay attention on their attacks, they will really hit on you like what … [Read more...] about UAAP: Ateneo makes it 3 in a row with win over UE
West Virginia Football Fans Might Not Be Happy With What Their Coach Reportedly Did
West Virginia football coach Dana Holgorsen reportedly was interested in jumping ship to another Big 12 team. According to David Collier and Don Williams , the Mountaineers coach was interested in the open Texas Tech job, but the Red Raiders athletic director declined to interview him. We can confirm that Dana Holgorsen was interested in the Texas Tech opening but Kirby Hocutt declines to interview him morning. @RedRaiderNation @KAMCNews — That David Collier (@CollieronTV) November 29, 2018 Thought I had tweeted this earlier — and I included it in this story. But yes, as others have reported, WVU coach Dana Holgorsen wanted the job, and Kirby Hocutt declined to interview him, a source told me. https://t.co/KrwSOxDwc9 — Don Williams (@AJ_DonWilliams) November 29, 2018 Yeah, I’m going to go ahead and say WVU fans might not like hearing this at all. Coaches always move from school to school. That’s just part of the job and the nature of the sport. You … [Read more...] about West Virginia Football Fans Might Not Be Happy With What Their Coach Reportedly Did
REPORT: Houston Hires West Virginia’s Dana Holgorsen To Be Their New Football Coach
The Houston Cougars have reportedly hired football coach Dana Holgorsen away from West Virginia. According to a report from SB Nation early Tuesday morning , Holgorsen agreed to a deal for $20 million over five years. Bruce Feldman confirmed the news and added the deal will be finalized in the coming hours. BREAKING: #WVU ’s Dana Holgorsen is expected to become the next head coach at #Houston , per sources. UH offered Holgorsen the kind of deal that WVU brass wouldn’t at $20 million over five years. The deal is expected to be wrapped up in the next 36 hours. SB Nation was first on it. — Bruce Feldman (@BruceFeldmanCFB) January 1, 2019 Well, there it is, folks. That didn’t take long at all, and the Cougars threw down some serious cash onto the table. (RELATED: Kliff Kingsbury Turns Down Houston Cougars Head Coaching Job) Is it the kind of cash that would have gotten me to leave the Big 12 and Morgantown? No, but making $4 million a year to coach at Houston … [Read more...] about REPORT: Houston Hires West Virginia’s Dana Holgorsen To Be Their New Football Coach
Walmart sounds the inflation alarm, and its stock tumbles
New York (CNN Business) Inflation is weighing on everyone — even the world's biggest stores. Walmart ( WMT ) said Tuesday that higher costs and supply chain constraints squeezed its profit during its latest quarter. Walmart also slashed its profit outlook for the year, signaling that it expects inflation to continue to hurt its business. "Bottom-line results were unexpected and reflect the unusual environment," Walmart CEO Doug McMillon said in a news release. "US inflation levels, particularly in food and fuel, created more pressure" than the company predicted. The results drove Walmart's stock down 7% during morning trading Tuesday. Shoppers buying private-label brands Read More Walmart, America's largest retailer and employer, is an economic bellwether. Walmart's net income fell 25% to $2 billion during its latest quarter ending April 30 compared with the same stretch a year ago. In February, Walmart … [Read more...] about Walmart sounds the inflation alarm, and its stock tumbles
Want Student Loan Forgiveness? To Qualify, Borrowers May Need To Do This First
Share to Twitter Share to Linkedin The Biden administration has unveiled two sweeping, temporary expansions of student loan forgiveness programs. The Department of Education has indicated that millions of student loan borrowers may ultimately benefit, many automatically . But other borrowers will have to take a critical step first to qualify for student loan cancellation: Direct loan consolidation. Here are the details. Student Loan Forgiveness Through PSLF Last October, the Biden administration announced a broad initiative to expand access to the Public Service Loan Forgiveness (PSLF) program . PSLF provides student loan forgiveness to borrowers who work at least 10 years for qualifying nonprofit or public organizations. But until Biden’s announcement, the PSLF program had very strict eligibility criteria and was plagued by administrative problems, resulting in a denial rate as high as 99%. Through the new “Limited PSLF Waiver” program, the … [Read more...] about Want Student Loan Forgiveness? To Qualify, Borrowers May Need To Do This First
Global Car Sales To Fall, Spooked By Russian Invasion, China’s Shutdown
Share to Twitter Share to Linkedin Global car sales were supposed to rally this year as manufacturers dragged themselves out of the coronavirus mire, but a combination of Russia’s invasion of Ukraine, China’s renewed medical emergency shutdown and key component shortages mean a more than 5% contraction is likely, according to a report from Germany’s Center for Automotive Research (CAR AR ). The report said it’s not all bad news for manufacturers. Underlying demand is still strong, and component shortages mean a lack of new vehicles are reaching buyers and prices are strong, generating what amounts to windfall profits. Second-hand vehicles are also in demand. You can forget radar cruise control or plug-in hybrids; availability is the most important feature. CAR said global sales in 2022 will fall to 67.6 million from last year’s 71.3 million. Sales were thought to have bottomed out in 2020 at 68.6 million after diving from 79.9 million in 2019 because … [Read more...] about Global Car Sales To Fall, Spooked By Russian Invasion, China’s Shutdown
So you want to move to Vietnam?
“Whilst Thailand is often nicknamed the ‘land of a thousand 7-elevens’, with a convenience store on just about every corner, there are very few of these in Vietnam, for now.” With the Thai Baht on a high at the moment, along with stricter enforcement of visa rules, some expats say they’ve had enough and are heading to Vietnam, or some other south east Asian country, where they might improve their personal situation. For example, an expat pensioner, on a fixed income, from a country where the Thai baht has risen against your currency, Thailand has become a more expensive option – perhaps impossible to make ends meet anymore with your old pension. The British pound, as just one currency, has gone from around 55 baht to the pound four years ago, to now around 39 baht, a big loss in value. Meanwhile the cost of living in Thailand has risen over the last decade. But Vietnam has its own challenges and, whilst being an amazing place to explore as a tourist, may not be to everyone’s … [Read more...] about So you want to move to Vietnam?
LIC shares tumble in market debut after record India IPO
- A + A MUMBAI (May 17): Shares in Life Insurance Corp of India (LIC) slid nearly 8% on its market debut on Tuesday, a fresh setback for the state-owned giant as its record-breaking, oversubscribed initial public offering (IPO) raised far less than expected for the government. India's biggest insurer and largest domestic financial investor closed at 875.25 rupees, compared with the IPO price of 949 rupees. LIC now has a market value of around 5.54 trillion rupees (US$71.54 billion) and is India's fifth-biggest company. The share-price decline reflects weak overall market sentiment and a slump in the broader market since LIC's IPO opened for subscription on May 4, analysts said, even as the blue-chip NSE Nifty 50 index closed up 2.6% on Tuesday. "We were not expecting a big listing as markets were jittery, expect it to pick up," LIC's chairman M R Kumar told reporters. The government, which had positioned the sale as the first and biggest of a wave of … [Read more...] about LIC shares tumble in market debut after record India IPO