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Google denied President Donald Trump's claim on Wednesday that the search engine promoted President Barack Obama's State of the Union addresses but not his own annual address in January.Trump tweeted a video Wednesday on Twitter that read: "For years, Google promoted President Obama's State of the Union on its homepage. When President Trump took office, Google stopped." It shows the site's homepage on the dates of presidential speeches from 2012 through 2018, highlighting the section of the page where a link would be posted to a YouTube livestream of the speeches.In the video, the links to all of Obama's State of the Union addresses are shown but there are no links to Trump's first address to Congress in February 2017 or his State of the Union address last January. Trump added the hashtag, "#StopTheBias." 824
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

Here are several things the National Transportation Safety Board will examine as it investigates the limousine crash that killed 20 people in upstate New York last week: 177
Half, or more, of households in America’s largest cities report facing “serious financial problems during the coronavirus pandemic,” according to new survey results. These problems include having to deplete their savings, unable to pay full rent, etc.The survey included responses from more than 3,400 people in New York City, Los Angeles, Chicago, and Houston over the course of July 1 through August 3. It was conducted by the Harvard T.H. Chan School of Public Health, in partnership with NPR and The Robert Wood Johnson Foundation.In all four cities, at least 53 percent of households reported facing serious financial problems; between 35 to 40 percent of those people said they had used up all or most of their savings during the coronavirus pandemic.Latino and Black households were more likely to have financial problems, according to the survey, with responses about ten to 15 percentage points higher than the city’s average.In addition, 54 percent of those households making less than 0,000 a year reported having financial problems during the pandemic. By comparison, only 20 percent of those households making more than 0,000 a year reported issues.The study’s authors say the results show personal financial challenges run deeper than previously understood. "I would have expected that all the aid that was coming from various sources would have narrowed, not eliminated, the differences by race and ethnicity," but it did not, said Robert Blendon, professor emeritus of health policy and political analysis at Harvard and co-author of the survey.The study’s authors remind readers the survey was done during a time when the federal government was offering 0 a week in additional unemployment benefits. Those payments were not renewed after July. Although some states are offering additional money now, that has only just started.“These findings raise important concerns about households’ abilities to weather long-term financial and health effects of the coronavirus outbreak, as a large share have depleted their savings and are having major problems paying for basic costs of living, including food, rent, and medical care,” the study concludes. 2179
Here's what's happening in the political world Saturday, April 28, 2018.Trump blasts Tester over Jackson opposition-- President Trump called on Montana Democratic Sen. Jon Tester to resign over his opposition to White House physician Ronny Jackson's nomination for secretary of veterans affairs.The president blasted Tester on Twitter, saying the senator's allegations were not fair and "proving false."Allegations made by Senator Jon Tester against Admiral/Doctor Ron Jackson are proving false. The Secret Service is unable to confirm (in fact they deny) any of the phony Democrat charges which have absolutely devastated the wonderful Jackson family. Tester should resign. The.....— Donald J. Trump (@realDonaldTrump) April 28, 2018 747
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