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The college admissions scheme revealed Tuesday is the largest of its kind ever prosecuted, federal prosecutors said, and features 50 defendants across six states, millions of dollars in illegally funneled funds and a handful of the country's most selective universities.But at its core, the alleged scheme is remarkably simple -- and brazen.Cheat on standardized tests. Bribe the people who decide which students get admitted. All the while pretending that money was for charity."I'll speak more broadly, there were essentially two kinds of fraud that Singer was selling," US Attorney Andrew Lelling said, referring to William Rick Singer, the figure at the center of the scheme."One was to cheat on the SAT or ACT, and the other was to use his connections with Division I coaches and use bribes to get these parents' kids into school with fake athletic credentials," Lelling said at a press conference in Boston.A total of 50 people were charged in the case. Those arrested include two SAT/ACT administrators, one exam proctor, nine coaches at elite schools, one college administrator and 33 parents, according to Lelling.Here's how the plan worked, according to prosecutors.Cheating on the ACTs and SATsOf course, students who score higher on standardized tests such as the ACT and SAT are more likely to get into selective colleges.Given that, Singer facilitated cheating on those exams for students whose wealthy parents paid for his services.Singer pleaded guilty in court on Tuesday to four federal charges and admitted that the case against him was accurate.According to the indictment, he arranged for a third-party -- generally Mark Riddell, who is 1670

The ongoing shutdown is creating uncertainty for tens of thousands of low-income tenants who rely on the federal government to help pay their rent.The Department of Housing & Urban Development hasn't been able to renew roughly 1,650 contracts with private building owners who rent to poor Americans. These contracts either ran out in December or are expiring this month. Another 550 contracts are set to lapse in February.Those contracts cover around 130,000 households, who have an average income of ,000 a year. Many tenants are elderly or disabled.With no sign of the shutdown ending soon, HUD has asked landlords to draw on their reserves to cover any shortfalls. The 691

The European Union chief Brexit negotiator Michel Barnier said Thursday that the EU and Britain had agreed on an outline Brexit deal which still needs to be backed by EU member states and by the respective parliaments.Barnier said the deal removed uncertainty both citizens. businesses and institutions.The EU's chief Brexit negotiator said the agreement also included the transition period which would last until the end of 2020 "and perhaps one or two years further, subject to joint agreement between the EU and Britain.An agreement to revise the political declaration was also struck, Barnier said, which would set out the framwork for the future relationship between the bloc and Britain.Barnier said the deal would be presented to the European Council later in the day.He added that British Prime Minister Boris Johnson told the EU he is confident he can get a deal through the House of Commons. 913

The average student in debt has about ,000 to pay. It’s a more-than trillion problem for the U.S.Congress could step in: There is a bill with bipartisan support that gives businesses a tax break if they help employees pay student loans. Some companies are awaiting the legislation’s passage to begin college debt repayment benefit programs.Others have been chipping away at employee loans for years.Investment company Fidelity has a student loan assistance benefit that launched in 2019. It pays, on average, about 7 per month toward an employee’s loans, up to ,000.Fidelity is one of several major corporations helping employees pay down their student loan debt. They say it helps recruit top talent and to reduce turnover.Last year, Fidelity rolled out a dept repayment program for other businesses to use, too. 837

The government shut down is trickling further down to the point where it could affect your cellphone.The Federal Trade Commission's robocall registry is down and that means more people are getting more unwanted calls.Some people are getting bombarded with dozens of calls in just one day. Luckily companies like AT&T, T-Mobile and app developers are offering relief for consumers.First, here is some background: 428

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