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
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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
Team Philippines collects four gold medals; Cray rules 400m hurdles anew
Philippines’ Eric Cray (R) competes in the men’s 400m hurdles final during the 31st Southeast Asian Games (SEA Games) in My Dinh National Stadium, Hanoi on May 17, 2022. (Photo by Ye Aung Thu / AFP) HANOI—Team Philippines’ gold machine churned at a slower pace on Tuesday, but performances by the national athletes bore promises of more triumphs to come in the 31st Southeast Asian (SEA) Games here. Eric Cray rose to the occasion and scorched the opposition in the 400-meter hurdles to win the gold at My Dinh National Stadium. It was Cray’s seventh career gold medal in the biennial meet—and he isn’t done yet. “I feel that I still got one more left in me,” said Cray. He will go for that one on Wednesday when he chases the century dash gold. After which, he will set his goals on something a bit farther down the road. “He’s gonna give [the Olympics] another go,” said wife and coach Samantha of the 2016 Rio de Janeiro Olympian who was nursing a pulled right hamstring three weeks … [Read more...] about Team Philippines collects four gold medals; Cray rules 400m hurdles anew
Trump-Endorsed Ted Budd Wins North Carolina GOP Senate Primary
Share to Twitter Share to Linkedin Topline Trump-endorsed Rep. Ted Budd will be the Republican nominee for North Carolina’s open Senate seat, the Associated Press projected Tuesday night, marking the latest nod to the former president’s enduring sway over the Republican electorate. Key Facts The AP called the race for Budd at 7:47 p.m. Eastern time, less than 20 minutes after polls closed. Budd had 56.5% of the vote with 25% of precincts reporting as of 7:55 p.m., followed by former Gov. Pat McCrory at 26.8%, according to results compiled by the AP . Former Rep. Mark Walker is in a distant third place with just 8.8%, months after Politico reported that Trump encouraged Walker to drop out of the Senate contest in December in exchange for the former president’s endorsement in a House race. What To Watch For Budd will face off against Democratic nominee and former state Supreme Court Chief Justice Cheri Beasley in a November … [Read more...] about Trump-Endorsed Ted Budd Wins North Carolina GOP Senate Primary
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
Harrow School is dropping its British name in China
BEIJING (Bloomberg): Harrow, the 450-year-old British boarding school that produced seven prime British ministers including Winston Churchill, is dropping its British name in China as the country tightens controls on international schools. Harrow Beijing will change the name of its bilingual school to Lide after the Chinese government last year banned schools with Chinese students from using foreign names and words like "global” or "international” in their titles. "This is not irregular and does not reflect a specific change in the school’s policy,” said Jennifer Cooper, Head of Brand for Harrow in the UK, adding that the name change applied to only one part of Harrow Beijing. The Harrow International School in Beijing, which accepts foreign passport-holders and caters mainly to expatriates, will be unaffected. Harrow entered mainland China with much fanfare in 2020, but the operating environment has changed since then. Even before Covid lockdowns brought cities like Shanghai … [Read more...] about Harrow School is dropping its British name in China
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
Pruksa bids to hit 2022 target of 31 projects worth B16.3bn
Caption caption. ap Despite a delay in new project launches in the first quarter of this year, SET-listed developer Pruksa Holding Plc is maintaining the number of new projects being launched in 2022 at 31 sites worth 16.3 billion baht. Chief executive Uten Lohachitpitaks said the company postponed the launch of some new projects it planned for the first quarter until the second quarter, largely due to a labour shortage earlier this year. "Now that problem has been resolved and we expect to accelerate launching new projects in the second and third quarters," he said. Pruksa plans to launch nine new projects in the second quarter, comprising more than 2,400 units worth a combined 5.9 billion baht. Eight of the projects, comprising 2,300 units, will be townhouses on the outskirts of Bangkok, and one will be single detached houses in Ram Intra. Largely due to the delay in the launch of the new projects in the first quarter, Pruksa reported a 23% drop in presales to 5.34 … [Read more...] about Pruksa bids to hit 2022 target of 31 projects worth B16.3bn