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Americans are grappling with approximately $1.6 trillion in student loan debt as of June 2024, a significant 42% increase from a decade ago. This rise coincides with more young adults attending college and an escalation in higher education costs. Based on data from the Federal Reserve Board’s 2023 Survey of Household Economics and Decisionmaking, among…
As more Americans lose confidence that a college degree is actually worth it, a new study points to some potentially good news for the post-secondary schools. The number of high school graduates who chose to enroll in college held steady from 2022 to 2023, and both years were a big improvement over enrollment numbers during…
A painting by the British street artist Banksy was stolen from the Grove Gallery in London, with the theft reportedly happening around 11 p.m. on Sunday, Sept. 8. The work, titled “Girl with Balloon,” could be worth an estimated $355,000. Two men, 47-year-old Larry Fraser and 53-year-old James Love are alleged to have stolen the…
During the highly anticipated debate in Philadelphia between Vice President Harris and former President Trump, key economic issues like tariffs, inflation, and student loans were addressed. However, the rapidly growing national debt — now exceeding $35 trillion — was notably left out of the discussion. Forecasters estimate that Trump’s economic plan could increase U.S. deficits…
The U.S. Department of Justice has announced terrorism charges against senior leaders of Hamas. And with the kickoff to a new NFL season a day away, betting on the games is expected to break records. These stories and more highlight The Morning Rundown for Wednesday, Sept. 4, 2024. US charges 6 Hamas leaders with terrorism over Oct. 7…
Young America’s Foundation (YAF), which describes itself as the leading organization for young conservatives, sued the Department of Education, alleging a grant program violates the equal protection clause because its eligibility is based on race. YAF challenged the department’s McNair Post-Baccalaureate Achievement Program which provided $60 million in 2023 to approximately 6,000 students. The Department…
The U.S. Supreme Court dealt a significant setback to the Biden administration’s efforts to provide student debt relief, declining on Wednesday, Aug. 28, to reinstate the SAVE Plan, a key part of the administration’s broader strategy to ease the financial burden on millions of Americans. This decision leaves borrowers in limbo as legal challenges from…
Former President Donald Trump’s running mate has harsh words for Vice President Kamala Harris amid controversy over Trump’s visit to Arlington National Cemetery this week. And Israel’s military has launched a massive incursion into the West Bank as concerns grow over a broadening war. These stories and more highlight The Morning Rundown for Thursday, Aug. 29, 2024. Controversy over Trump…
Around 943,000 people have had their student loans forgiven by the federal government over U.S. President Joe Biden’s term in office, according to a recent report by The Wall Street Journal. However, in some cases, it hasn’t provided the financial security some were hoping for. According to the report, despite the large number of people’s…
The London Zoo has taken action to preserve a new street mural by the elusive street artist, Banksy. The artwork, which mysteriously appeared on the zoo’s gate, shows a gorilla lifting up part of the gate, allowing birds and a sea lion to escape. It quickly became a hit with visitors, drawing large crowds. The…
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