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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
CORONADO, Calif. (KGTV) -- A man was hospitalized late Monday night after police say he was stabbed while on an MTS bus.According to Coronado police, the stabbing took place along State Route 75 and Leyte Road around 11:30 p.m.Passengers on the bus say it began when two men got into an argument.Witnesses say the victim was stabbed six times.The victim was taken to UCSD Medical Center, and his current condition is unclear.Police say one person is in custody. 469

CVS says they are planning to expand their COVID-19 testing services.On Wednesday, the pharmacy chain announced that it would add rapid-result COVID testing at nearly 1,000 sites by the end of the year."Access to rapid-result tests enables us to help minimize community spread of COVID-19 by being able to more quickly identify active COVID-19 infection," said David Fairchild, MD, Chief Medical Officer, MinuteClinic in a press release. "In addition, we can test and treat symptomatic patients who test negative for COVID-19 for seasonal illnesses such as flu or strep and provide appropriate treatment and care."CVS said starting this week nearly 100 of the rapid-result test sites will be operational.If patients meet the Centers for Disease Control and Prevention criteria, the tests would be made available at no cost.Currently, CVS manages more than 4,000 drive-thru test sites in 33 states and Washington, D.C., with results coming back within 2-3 days.To schedule an appointment, you must register in advance at CVS.com. Tests are available for patients between 12-17 years old. Anyone younger than 15 must have the online registration completed by a parent or legal guardian, who also must accompany them for testing. 1234
Cleveland Browns quarterback Baker Mayfield has recently taken to speaking out against police violence and racial injustice. Mayfield took his activism further, writing a letter Oklahoma Gov. Kevin Stitt and members of the Oklahoma Pardon and Parole Board, seeking the commutation of Julius Jones, a man on death row fighting to prove his innocence in a 1999 murder.Jones was 19 years old at the time of his arrest. He was a student at the University of Oklahoma going for an engineering degree and working towards a basketball scholarship.In the summer of 1999, a 45-year-old man named Paul Howell was shot and killed during a carjacking in Edmond, Oklahoma. Jones was the prime suspect in his death, despite his claims he was home playing games and eating dinner with his family.Howell’s family was inside of his car when he was shot and killed, and described the suspect as a Black man wearing a stocking cap and a bandana across his face with “half an inch of hair” sticking out from the cap. Jones’ hair was shaved down at the time of the shooting.Jones’ co-defendant, Christopher Jordan, is believed to have set Jones up for the crime. After pleading guilty, he served 15 years in prison and is now free. Jones was sentenced to the death penalty and 40 years.While the DNA results from a bandana and a weapon found in the house have been used both as evidence of Jones’ guilt and his innocence, it was what took place during the trial that has caused celebrities and organizations—including John Legend, Kim Kardashian, Black Lives Matter, and most recently Mayfield— to speak up and fight for Jones’ commutation, stating that racial discrimination fueled the conviction of what they believe to be an innocent man.In addition to claims of racially-fueled language from officers handling Jones’ case during the court proceedings, the state dismissed all prospective Black jurors but one. One of the 12 jurors who convicted Jones and sentenced him to death confessed that another juror described the trial as “a waste of time” and said that “they should just take the n***** out and shoot him behind the jail.”Jones has maintained his innocence for nearly 20 years."As God is my witness, I was not involved in any way in the crimes that led to Howell being shot and killed," Jones said in his clemency report. "I have spent the past 20 years on death row for a crime I did not commit, did not witness and was not at."Mayfield, who played football at Oklahoma University, wrote the letter on behalf of Jones a few weeks ago, asking for the pardon and parole board, as well as the governor, to review the commutation application with “fairness and compassion.” 2670
CLAIREMONT, Calif. (KGTV) — Dean Dobbins, of Clairemont, knows a thing or two about putting together a worthy set of Halloween decorations.For one, he's an electrician. For two, he's passionate about delivering for the neighborhood every year.Flashing lights, music, and animatronics make up Dobbins' yard on Channing Street."I get a lot of parents that thank me for putting on a large display. The children have a place to go to," Dobbins said.RELATED: 461
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