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College students and loans seem to go hand in hand, and student loan debt is an ever increasing problem in the U.S.But it might surprise you what some college students are doing with any excess loan money they may have after paying for things like tuition, books, and housing.A study by the Student Loan Report found that approximately one out of every five students with loans have used loan money in some form to invest in cryptocurrencies—in other words, things like Bitcoin.But financial advisers caution that may not be the best decision.“My gut reaction,” said financial advisor Martin Walsh with Brown and Tedstrom, “is that it’s probably a bad idea.”Walsh said using borrowed dollars to invest in speculative assets, such as Bitcoin, would make him “very nervous.”Cryptocurrency is the formal word for a type of digital money that uses encryption to transfer funds, independently of a central bank.Walsh cautions: “buyer beware.”“There’s been a ton of talk about cryptocurrency over the last year,” Walsh said, “mostly because of the massive run up in price.”Bitcoin — the biggest player in the Crypto game—saw prices for their “coins” at around ,000 in December. But fast forward two months to February and the price plummeted to ,000.Walsh has had clients ask about it mostly because “their friends have invested in them and have made money.” But he says that as a general rule the firm he works for, Brown and Tedstrom, won’t advise clients to invest in cryptocurrency.“It seems fun and easy, and things have doubled, tripled, even quadrupled. But there’s incredible volatility in investing in bitcoin and other cryptocurrencies,” said Walsh.Paul Foley, a big supporter of the technology behind cryptocurrency, says he has invested “quite a bit” in Ethereum, another player in the cryptocurrency realm. He says anyone investing now should see this as a “10 to 15 year plan”—not a short term way to make money.“I plan on holding for a very long time,” said Foley.But even he says that the notion of using borrowed funds, i.e. student loans, to invest in speculative assets like Ethereum is “a terrible idea.”Both Foley and Walsh say anyone looking to invest in this emerging field needs to do their homework. They both believe that the more uneducated people there are who decide to jump in the market on a whim, the greater the chances of a “bubble” bursting, similar to the housing market crash of 2008. 2440
Claire's, the fashion and accessories chain that's a staple of suburban malls across the country, could be the next retailer to file for bankruptcy, according to Bloomberg.Bloomberg reports that Claire's will have .4 billion in debt mature this year, and has a million debt payment due next week. The report also says that Claire's parent company, Apollo Global Management, LLC, is working on a deal that would pass control of the retailer to lenders. 465

Conditions at the border are getting worse as desperate migrants wait for asylum. Many have given up hope in their desperate hour. The shelter where migrants are staying is packed to the brim. It’s said to be completely full and actually three times above capacity. Conditions are getting worse as officials with the state’s special committee on migration issues say city and state officials are even looking for a second shelter, but no local businesses are willing to rent out their facilities for the migrants. People at the shelter have reported deteriorating conditions including open sewage drains. The Mexican Navy has set up small kitchens and the Red Cross is providing medical care. Migrants say they want the U.S. to speed up the political asylum process, saying it’s taking too long. 804
Cleveland police have released surveillance footage of a gangland-style drive-by shooting from February in which small children were nearly gunned down in the crossfire.The shooting happened around 6:30 p.m. at a convenience store located in Cleveland, on Feb. 19.According to the footage, there was a gunfight in the parking lot. Two parked SUVs in front of the store were targeted in the drive-by. Camera footage of the shooting shows three cars pull into the parking lot and the occupants inside open fire on the two vehicles. A man and two children who just exited the store were mere feet from where the bullets ricocheted off the building's walls. 681
COLUMBUS, Ohio - The Columbus Zoo and Aquarium announced that their giraffe, named Cami, died early Saturday morning after having a Caesarian section to deliver her calf, which died shortly after delivery.Cami collapsed around 1 a.m. and was unable to return to her feet. She died shortly after.Cami went into labor on Dec. 4 and veterinarians discovered the baby giraffe was presenting hooves first, a condition with extremely low survival rates, according to zoo officials.The Zoo’s animal care team performed an emergency C-section. After the calf was removed, the veterinary team found that the calf had serious congenital defects and would not have survived even if it had been born front hooves first, officials said.Cami was a 6-year-old Masai giraffe that came to the Columbus Zoo in 2013 from the Nashville Zoo.The death of Cami and her calf mark the third Masai giraffe to die in the past 30 days at the zoo. Another calf died on Nov. 17, several weeks after being born, according to zoo officials.Columbus Zoo and Aquarium President/CEO Tom Stalf released the following statement: 1104
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