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Here's what's making headlines in the political world Saturday, May 5, 2018.NYT: Trump knew about Stormy Daniels payment before denial-- President Trump knew about a 0,000 payment to adult film actress Stephanie Clifford, whose stage name is Stormy Daniels, before denying any knowledge of the payment last month, according to a New York Times report.Michael Cohen, the president's personal lawyer, made the payment in October 2016 just before the president won the 2016 election. President Trump has denied knowing anything about the payment to keep the alleged affair between him and Clifford under wraps.Last month, while aboard Air Force One, President Trump told reporters he knew nothing about the payment. This week, however, new Trump team lawyer Rudy Giuliani said the president had reimbursed Cohen for the payment.The president has continued to deny knowledge of the payment.Read more.Trump reassures NRA: "We will protect your Second Amendment"-- President Trump reassured a packed house at an annual meeting of National Rifle Association members, "your Second Amendment rights are under siege, but they will never ever be under siege as long as I am your president."Just returned home to the beautiful White House, from Dallas, where the Arena was packed to the rafters with the great fans and supporters of the @NRA. It was so wonderful to be there!— Donald J. Trump (@realDonaldTrump) May 5, 2018 1442
HARRISBURG, Pa. – Pennsylvania’s secretary of state said Thursday that “we definitely could” know which presidential candidate will win the battleground state by the end of the day.Secretary Kathy Boockvar made the comment when asked about the results during an interview with CNN’s Jake Tapper on Thursday.“You know, I’ve been saying that we’ll have the overwhelming majority counted by tomorrow, but it’s looking like we’ll have the overwhelming majority counted by today,” Boockvar said.During the interview taped at about 1:33 p.m. ET, Boockvar added that there were about 550,000 ballots that were still in the process of being counted. By 5:45 p.m., the number of ballots left to be counted dwindled to 326,000 ballots. At that point, Trump's lead dropped to 90,000. “Some of those may have already been counted but are not yet uploaded, but yeah, they’re coming in,” she said. “We’re getting 10,000 here, 20,000 here. Counties are furiously at work and it’s looking like we’re ahead of schedule.”Boockvar said most of the mail-in ballots left to be counted are from the state’s larger cities and the communities that surround them, meaning they may favor former Vice President Joe Biden.Pennsylvania is one of the few remaining states that haven’t been called in a presidential candidate’s favor and it could end up determining who’s in the White House come January. It’s likely a must win for President Donald Trump to reach the 270 electoral votes needed for victory.Boockvar delivered an early evening update on Thursday. She said that once the mail-in votes are counted, the state will begin counting overseas military ballots and provisional ballots. Boockvar could not give a figure on how many ballots are left there. According to Matthew Weil with the Bipartisan Policy Center, The Keystone State is taking a long time to count their votes because of an influx of absentee and mail-in ballots, in numbers Pennsylvania hasn’t ever dealt with before.“In some of the biggest jurisdictions – Philadelphia, Pittsburgh – they just didn't have the experience counting those quickly,” Weil said. “And the fact that the legislature did not give them time before Election Day to count those, even knowing that this was coming, means that most likely we're not going to have great results until Friday.” 2315
GRAND RAPIDS, Mich. - A young woman finally has her class ring back nearly 20 years after losing it. It was found in West Michigan, but she's not even from Michigan."I've been doing this for 10 years, and in those 10 years I found over 115 rings," said Gregg Larabel, who found the ring.You could say Larabel always had a knack for finding things."My dad got us started in 1972 with a little bounty hunter, and I've been metal detecting ever since," Larabel explained. "Then, I come across this Ring Finders site and joined it, and here I am."The Ring Finders is an international organization that prides itself on recovering millions of dollars in lost jewelry. But most importantly, they make sure these priceless items get back to their owners."I've had a couple of ,000 rings. We're still looking for a ,000 ring in Bloomfield Hills in a duck pond," he said.It doesn't matter where or how long ago it was lost, you give the Ring Finders an idea of where your jewelry might be and they'll get to work.That brings us to his latest find on the shores of Beechpoint Christian Camp in Allegan county. While searching for one ring, Larabel and diver Aaron Westrick of Superior Dive Service came across another ring."I found a class ring from 2001. I looked at the inscription on it. It was DeVonia Foster and from Lourdes Lyons High School," Larabel explained.That's Lourdes Lyons High School in Chicago. So, how did the ring end up in West Michigan 20 years later? We caught up with DeVonia Foster."It's funny because I'm a part of the scholarship program at my old Catholic school, and we used to do these camps every year," Foster explained. "We went off to Michigan and Wisconsin and things like that. So, I believe just out there on a camping experience, I lost it."Foster was a former multi-sport athlete who graduated in 2001. "I have the basketball on one side [of the ring], and then I have two track wings on the other," she said. "It was a treat. I'm from a single-parent home, so it was a sacrifice to even get a ring that expensive."Regarding losing the ring, Foster laughed, remembering "it was kind of a bummer, because it's like, 'Oh, I see why [ my mom] didn't buy me nothing expensive.'"Larabel contacted Foster through Facebook and drove three hours to Chicago to personally drop it off."It's funny that Gregg just reached out, and he just lost his wife," Foster mused. "So it just makes me feel like he's a great person to even care about other people when he's going through such a traumatic loss his own self."This story was first reported by Nicole DiDonato at WXMI in Grand Rapids, Michigan. 2627
Here's what's happening in the world of politics Saturday, April 21, 2018.WaPo: Sessions threatened to resign if Rosenstein was fired-- Attorney General Jeff Sessions reportedly threatened to resign if President Trump fired Deputy Attorney General Rod Rosenstein, who oversees the Russia probe.Sessions reportedly told the White House he would have considered leaving if Trump had fired Rosenstein, though another source told the Post, that the comment was less a threat and more an attempt to convey his difficult position.CNN reported this month that the White House was preparing an effort to undermine Rosenstein.Read more. 665
High school seniors who plan on taking a gap year this fall to wait out the pandemic could be paying for it for the rest of their lives.While a one-year wait might seem like the right decision for students who don’t want to study online or risk COVID-19 exposure, graduating a year later could cost ,000 in lifetime earnings. A new study from the Federal Reserve Bank of New York details how taking a gap year could put students behind their peers financially and create an insurmountable earnings gap.According to the study, a 22-year-old college graduate earns ,000 on average the first year out of college, and can expect to make ,000 the year they turn 25. By contrast, if a student takes a gap year and delays graduation, they can expect to earn ,000 by age 25 — ,000 less. That gap will perpetuate and compound for late graduates throughout their careers.“Being a year behind, these differences add up each and every year, so that those graduating later never catch up to those who graduated earlier,” researchers Jaison Abel and Richard Deitz write in the report. “Together, these costs add up to more than ,000 over one’s working life, which erodes the value of a college degree.”College might cost even moreCollege typically gets more expensive every year, but this year might be an exception. A few colleges are freezing tuition or offering discounts, and students might see their living expenses decrease. Federal student loan interest rates are at historic lows as well.But experts don’t expect those trends to continue past the health crisis. And missing school this fall means you don’t get to take advantage of lower college expenses.Irma Becerra, president of Marymount University in Virginia, says colleges have had to make major investments to prepare for instruction this fall. Her school plans a hybrid-flex model that will allow students to blend in-person and remote learning based on their needs and comfort level.“Every university that I know has had to incur significant expense to deal with safely reopening or keeping staff and faculty on payroll,” Becerra says.She adds that while colleges are sensitive to the ripple effects of the economic downturn, she expects them to raise tuition in the future unless the government increases investments in higher education. “I can only imagine that [colleges] will have to raise tuition because we’ve all had significant expenses.”Students who opt for a gap year may also have to face higher tuition with less aid. According to Lindsay Clark, director of external affairs at the student finance app Savi, “Taking a gap year and deferring admission could affect scholarships or financial aid offerings if they are not guaranteed for the next year.”Is a gap year still worth the risk?While experts agree that making ,000 less during your lifetime is significant, they advise students not to base their gap-year decision on that figure alone.Arun Ponnusamy, chief academic officer at the college admissions counseling company Collegewise, points out that the return on investment for college is still substantial — even with a gap-year pay dip.A college graduate will make roughly a million dollars more than a high school graduate, according to Ponnusamy. “So we are talking about, you will lose 9% of that by sitting out a year? It just doesn’t sound like that is the number you should use to choose whether or not you sit out.”Martin Van Der Werf, associate director of editorial and postsecondary policy at Georgetown University’s Center on Education and the Workforce, advises students to consider their motivations for going to college and evaluate any anxieties they might have.As the father of a rising college freshman, Van Der Werf knows firsthand the difficult choices and serious implications facing students. He says that students who are experiencing anxiety about the fall may be best served by taking off a semester or two — despite potential wage loss.“The worst thing that could happen is you start college, you don’t finish and you have all this debt,” Van Der Werf says when talking about the potential for some students to be unsuccessful with remote learning. “Then you don’t have a degree to pay off that debt.”He advises students to keep their options open and pay attention to their school’s reopening plans. “There are colleges who announced that they were coming back but are going online. If that makes you uncomfortable, you shouldn’t do it.”More From NerdWalletDon’t Wait to Refinance These Student Loans‘Shadow’ Lenders Can Leave College Students in the DarkStudent Loan Refi Rates Keep Dropping, Should You Take the Plunge?Cecilia Clark is a writer at NerdWallet. Email: cclark@nerdwallet.com. 4719