(CBS Local)– Actor Ashton Kutcher has been concerned about the issues revolving around student debt for over a decade. The actor and Chegg CEO Dan Rosensweig decided to team up to create a new show on Crackle called “Going From Broke,” which showcases 10 different situations of people trying to get out from underneath massive amounts of debt from college loans. “What surprises me the most is that the country doesn’t seem to be taking it seriously,” said Rosensweig in an interview with CBS Local’s DJ Sixsmith. “There’s only 320 million Americans in total and 44 million Americans have college debt right now and 40% of them are behind on their payments. It’s the only debt in this country you cannot declare bankruptcy on. You’re going to have it forever. The government has loaned an incredible amount without educating people on it. The problem is so severe and there is not enough discussion on it.” The show … [Read more...] about ‘The Country Doesn’t Seem To Be Taking It Seriously’: Chegg CEO Dan Rosensweig On ‘Going From Broke’ & Student Debt Crisis
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Story highlights Will Marshall, Paul Weinstein: Hillary Clinton proposed laudable plan to help students pay for college, but it doesn't rein in college costs Their suggestion? The three-year college degree. It would restructure curriculum, save thousands and boost completion rate Will Marshall is the president of the Progressive Policy Institute. Paul Weinstein Jr. is director of the Public Management Program at Johns Hopkins University and a PPI Senior Fellow. The opinions expressed in this commentary are solely those of the authors. (CNN)In rolling out an ambitious higher education plan this month, Hillary Clinton put a genuine national dilemma -- America's ballooning student debt crisis -- at the center of the 2016 debate. What a refreshing contrast to her Republican opponents. Clinton's "New College Compact" is a big, multifaceted plan to take the debt monkey off the backs of millennials who attend public universities. But one thing it is not is cheap -- the price tag … [Read more...] about Why we need the 3-year college degree
It doesn't matter if you were fired or laid off, whether you saw it coming or were completely blindsided: Losing your job is disorienting. You'll feel like you're in a fog. And yet, in that fog you still need to answer some important questions: How will you pay rent? Put gas in your car? What about your student loans? The average length of unemployment is almost 22 weeks, according to the Bureau of Labor Statistics, so it's important to quickly adapt your finances to your temporary new normal. Working through these tasks in the first seven days can help you find your financial footing as you figure out the next step in your career. DAY 1: APPLY FOR UNEMPLOYMENT "Filing for unemployment insurance is a critical piece to getting back on your feet," says Kyle Goulard, a certified financial planner in Portland, Oregon. Contact your state's unemployment office the day you lose your job. In most cases, you can file your unemployment claim online. The process can take a few weeks, so … [Read more...] about Millennial Money: You lost your job. Now what?
Photo: PRWeb Photo: PRWeb Image 1 of / 1 Caption Close Image 1 of 1 Photo: PRWeb FutureFuel.io Recognized in CNBC’s 2019 Upstart 100 List 1 / 1 Back to Gallery Company recognized as one of the fastest-growing start-ups to watch BOSTON (PRWEB) November 12, 2019 FutureFuel.io, a technology provider of student debt employer benefits solutions, today announced its inclusion on the CNBC Upstart 100 List. The annual list covers the top, fastest-growing start-ups to watch in 2019. Student debt is a massive problem, impacting 45 million Americans, totalling $1.6 trillion. FutureFuel.io is working with the private sector to find a solution — with the goal of reducing student debt by $1.5 billion by 2021. FutureFuel.io provides employers with a better … [Read more...] about FutureFuel.io Recognized in CNBC’s 2019 Upstart 100 List
California is often identified as one of the most liberal states in the union — perhaps the most liberal. In the session just ended, its Legislature showed its willingness to live up to that standard.Among the measures passed in Sacramento were bills to enforce worker employment rights at “gig economy” firms such as Uber and Lyft; to require that student athletes be paid for the commercial use of their names and likenesses; to enforce childhood vaccination rules; to mandate access to abortion pills at state colleges and universities; and to place caps on rent increases and predatory interest rates on loans.What makes many of these legislative initiatives important is that they run counter to trends in other states and in Washington. The assault on abortion rights is in full cry in statehouses across the Midwest and South and in the Trump administration. Worker rights to good pay, safe workplaces and unionization are undermined by the refusal of Trump’s … [Read more...] about Column: In landmark session, the California Legislature shows what progressive lawmaking looks like