Trump’s budget seeks to eliminate one major benefit of federal student loans that costs billions

Trump’s budget seeks to eliminate one major benefit of federal student loans that costs billions

The Trump administration’s first budget proposes ending a program to encourage student-loan borrowers to go into public service by forgiving their debt to save an estimated $27 billion over the next decade. Here’s how the program works: If you take out a federal student loan, you have your loans forgiven after making 10 years of on-time payments and working for an employer the Department of Education deems to be serving the public good. Qualified employers include local, state and federal government agencies and nonprofit organizations. (Private lenders don’t offer this…

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Not a far-fetched idea: How one man built a $1.5bn fashion business

Not a far-fetched idea: How one man built a $1.5bn fashion business

He’s the boss of one of the world’s fastest-growing luxury fashion websites, Farfetch, yet Jose Neves admits that he used to find the clothing industry “frivolous and uninteresting”. A self-confessed “computer geek”, it was instead information technology that stirred his passion growing up in Portugal. And while studying economics at Porto University he launched a software company. It was this venture, which created operating systems for Portuguese footwear and textile companies, that helped to quickly change his view of the fashion industry. “I began to understand the way the industry…

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One killed, two injured in Japan park blasts: fire dept

One killed, two injured in Japan park blasts: fire dept

One person was killed and at least two injured by two near-simultaneous blasts in a Japanese park on Sunday, the local fire department said. The explosions occurred at a park in Utsunomiya, some 100 kilometres north of Tokyo, shortly after 11:30 am (0230 GMT), a fire department spokesman said. It was not immediately clear what caused the blasts. “One person was found dead,” the fire department spokesman told AFP, without elaborating further. Public broadcaster NHK said a body badly damaged in the blast was found at a bicycle parking space…

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How One Institution Went From a Vocational School to a University

How One Institution Went From a Vocational School to a University

The United States needs more-inclusive campuses, where students can complete one certificate or degree and move on to the next, says Matthew S. Holland, president of Utah Valley University. It now offers several master’s programs but isn’t embarrassed by its vocational ethos, he says: The university is more focused on serving its nearly 35,000 students than on reaching for the next tier. Sara Lipka edits coverage of campus life and other topics. Follow her on Twitter @chronsara, or email her [email protected] TRANSCRIPT SARA LIPKA: Hello. We’re here today with Matthew…

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court cases over ‘cruel’ maths paper swamp social media – however one maths trainer says it’s simply students ranting

court cases over ‘cruel’ maths paper swamp social media – however one maths trainer says it’s simply students ranting

A-stage students have taken to social media to express their outrage over the “torture” of a hard mental-arithmetic paper. however a maths teacher insists that only multiple the questions were tough. although students neglected the ones questions altogether, he added, they would nevertheless be able to achieve an A or B grade. students took to social media to bitch that the Edexcel C1 maths paper required them to multiply complex fractions of their heads. The questions did not consist of any entire numbers, which might be quicker and less difficult…

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‘One ticket-two finals’ leaves fans in two minds

‘One ticket-two finals’ leaves fans in two minds

Kolkata: Vedika Motwani is not fretting over a ticket for the final match. The diehard Virat Kohli is one of the lucky few to have got hold of one. Instead, she is worried because if she enters the stadium to watch the women’s final, she won’t be able to step outside the stadium for a break before going in to catch the all-important men’s final. This means that she will be cooped up inside the stadium for over nine hours. According to an International Cricket Council directive, a single ticket…

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