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Share to Twitter Share to Linkedin The student loan crisis is much worse if this claim is true. Here’s what you need to know. Student Loans Here’s a shocking claim: 40% of student loan borrowers don’t have a college degree. Sen. Elizabeth Warren (D-MA) and other Democrats have cited that statistic from the National Center for Education Statistics as justification for President Joe Biden to enact wide-scale student loan cancellation. Let that number sink in. Imagine borrowing student loans to attend college, and then life happens. For many possible reasons, you aren’t able to finish your degree. Now, you’re earning a high school salary but owe college student loans. It’s a harrowing experience for anyone to endure. But is this statistic really true? If yes, then the student loan debt crisis could be more severe than realized. If no, then the public may have been misled. Let’s explore. Student loan cancellation: 40% of student loan borrowers … [Read more...] about The Student Loan Crisis Is Much Worse If This Claim Is True

The space industry is one of the most future-focused fields, intent, in part, on seeing humankind achieve a robust off-planet existence. Whether it’s settling on Mars, finding more efficient ways to grow food or searching for life beyond Earth, space exploration has captured the minds of young people for decades. But it has been somewhat of a challenge to encourage Gen Z, who are as of this writing about 10 to 25 years of age, to choose aerospace careers as they enter the workforce. advertisement advertisement During their early years, Gen Zers witnessed unprecedented technological transformation. They also saw firsthand the devastating results of global warming and systemic inequality. On track to be the highest-educated generation yet, their unique experiences and skills could revolutionize the way we think about space. Young adults working in the industry have already made clear what needs to happen for Gen Z to embrace the new era of space … [Read more...] about How the space industry can appeal to Gen Z

LAKEWOOD — The nation’s best girls high school triple jumper broke the Colorado state meet record with a leading mark for the entire country this season. The reaction of Mullen senior Agur Dwol after her 42-foot, 5.5-inch leap for the Class 4A title? “I don’t really even know,” Dwol said. “I was like: ‘Oh, that’s cool!’” Don’t be fooled by that show humble confidence. Dwol’s incredible jumps speak volumes. “She’s probably a future Olympian,” Mullen head coach Darius Reed said. “As long as she continues to love the sport and does the sport for the right reasons, she can go very far. I’m just happy to be a part of it.” Dwol, committed to the University of Oklahoma , entered the CHSAA state track and field championships at Jeffco Stadium on Thursday with the top girls mark nationally this spring (41-11.75). But Dwol wanted more. She jumped 42-0.75 indoors at the Air Force Academy in January competing for Mile High Track Club and sought to exceed that distance at an outdoor … [Read more...] about Mullen senior Agur Dwol, nation’s top girls triple jumper, breaks state meet record: “She’s probably a future Olympian”

Share to Twitter Share to Linkedin Upon return from a family vacation three summers ago, economist Ike Brannon remarked at a subsequent lunch about an individual at the resort who was almost literally covered in tattoos. This was an expensive resort, and Brannon wondered how he and his family were sharing the same pool. To be clear, Brannon’s wonderment about the inked up vacationer wasn’t of the nose-upturned variety; rather he wanted to know what profession afforded so much individuality and disposable income. It turns out his poolmate was a chef. To younger readers, the mention of chef likely elicits a “so what?” response. For those born in the 1970s or earlier, the response is different. We remember . We remember when chef was a “dead end” job for, yes, people with tattoos. They were referred to as cooks then. It’s a long or short way of saying that the economic thinker in Brannon was celebrating a happy truth about prosperity: it elevates all manner of … [Read more...] about Book Review: Dana Brown’s Entertaining and Insightful Memoir of Vanity Fair, ‘Dilettante.’

Despite the flourishing of work from anywhere during the pandemic , it still matters where a startup is located. That's because, as I wrote in Startup Cities , regions of the world differ in the vitality of their local Startup Commons -- a collection of regional resources that at best provide an irresistible attraction for capital and talent or at worst repel both. This comes to mind in considering the flow of venture capital around the world in 2021. A striking conclusion is that on a per capita basis, capital flows into Israel were a whopping 28 times more than those in the U.S. To be sure, 2021 venture capital flow into the U.S. was way larger than into Israel -- up at 154 percent in 2021 to $330 billion versus 136 percent higher to $25.4 billion, according to NoCamels But Israel's population of about nine million is a fraction of the U.S.'s 330 million people. Hence, Israel's $28,000 in venture capital invested per capita in 2021 is far above the … [Read more...] about Why Israel Drew 28 Times More Venture Capital Per Capita Than the U.S.

Share to Twitter Share to Linkedin The outgoing Coast Guard Commandant, Admiral Karl L. Schultz , is in the home stretch, cheerfully running from one meeting to the next. Today, just two weeks from retirement, the Admiral is busy preparing for a smooth handoff to the incoming Commandant, the newly confirmed Admiral Linda Fagan, as they both bear down on the “long game” of building a resilient Coast Guard cadre, capable of handling America’s increasingly complex maritime environment. “Nothing has gotten simpler,” quipped Schultz, as he moved piles of documents about his memento-strewn office, reflecting on his 39 years of Coast Guard service. In highlighting how the Coast Guard’s operational environment has changed, the service-tested Commandant cautioned that “the pace of technological change in the maritime has never been faster,” and warned that the “scope and scale” of maritime activity has shifted in ways that may stress the Coast Guard in the future. … [Read more...] about USCG Commandant Karl Schultz Finishes Strong, Releasing A New People-Focused Strategy

Many studies have proven that popularity is linked to greater happiness in life, and believe it or not, greater earning power. In fact, the Wisconsin Longitudinal Study reported that popular people earned 2 percent more money than their less-popular peers. In addition to their tenacity for success and generally fuzzy-good feelings about life, popular people are well respected and typically are the go-to sources for advice and friendship. Simply put, people just want to be around and be friends with popular people. Clearly being popular has its advantages. So even if you weren't in the popular group in high school, it's not too late to get your popularity mojo on! Here are seven things the truly popular do naturally every day that enables them to continue their successful and happy journey. 1. They are authentic Popular people don't try to be popular, they just are. They allow their true authentic selves to shine, unprotected by fake words, … [Read more...] about 7 Things Really Popular People Do Every Day

Share to Twitter Share to Linkedin If Dad is a backyard barbecue hero, he can never have too much meat and seafood to grill. From the gourmet grilling connoisseur to the lazy cook to the guy who loves grilling but burns everything, here is something perfect for every father who cooks with gas, fire or smoke, at many different price points. Having written extensively on food, grilling and smoking for more than 20 years, I have personally tried, enjoyed and can enthusiastically recommend every single one of these providers. Best All Around: I love Allen Brothers , the venerable Chicago butcher shop - since 1893 and the city’s stockyards days - that supplies many top steakhouses across the nation and has been doing mail order meat for a long time. While justifiably famous for their steaks, from thick T-bones to tomahawks, you cannot beat them for one stop shopping. I’m talking every kind of beef from world-class burger patties to whole tenderloins to bone-in … [Read more...] about Father’s Day Gift Guide: Best Meats And Seafood For Dad’s BBQ Grill

Share to Twitter Share to Linkedin More Subprime Borrowers Are Missing Loan Payments Consumers with low credit scores are falling behind on payments for car loans, personal loans and credit cards, a sign that the healthiest consumer lending environment on record in the U.S. is coming to an end. The share of subprime credit cards and personal loans that are at least 60 days late is rising faster than normal, according to credit-reporting firm Equifax. In March, those delinquencies rose month over month for the eighth time in a row, nearing their pre-pandemic levels. [ The Wall Street Journal ] Mastercard Launches ‘Smile to Pay’ System Amid Privacy Concerns Mastercard is rolling out a controversial program that will allow shoppers to pay at the till with a mere smile or wave of the hand, as it tries to secure a slice of the $18 billion biometrics market . While face recognition technology has long raised eyebrows among civil rights groups, the … [Read more...] about This Week In Credit Card News: More Borrowers Missing Payments; Now You Can Pay With Your Smile

Share to Twitter Share to Linkedin Netflix NFLX was a pioneer in the online streaming industry. This year, it became clear that the incumbents had finally caught up. What’s more, Netflix is not poised — as it was in 2007 — to enjoy rapid upward growth by creating a new industry that builds on its strengths. Now — after reporting a drop in subscribers — its stock trades 74% below its October 2021 peak. Could the same thing happen to Tesla? An MIT professor and a J.D. Power & Associates executive told me that Tesla — whose stock sits 43% below its high — will face considerable challenges from incumbents. However, by improving its vehicle design, offering a broader product selection, boosting manufacturing quality, and upgrading its customer service, they could envision Tesla sustaining its rapid growth by capturing more mainstream customers. How Netflix Lost Its Edge For years, Netflix defied analysts who said that the likes of Disney, … [Read more...] about Why Tesla Could Become The Netflix Of The EV Market