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Student loan debt has surpassed trillion. It's expensive to go to school, and loans help many afford higher-education but not all that money may be going toward tuition and books.A survey found that one in five college students are using some of their leftover loan money to dip their toes into virtual currencies like Bitcoin.The mere mention of cryptocurrency is enough to make Loyola University Maryland Assistant Accounting Professor JP Krahel cringe.“Oh, oh boy,” said Krahel with the Sellinger School of Business.Even worse, students are buying into it and they're using student loan money to do so.The allowance meant for living expenses is instead being invested into Bitcoin and Ethereum. The Student Loan Report found that's how 21 percent of current college students are using their excess financial aid money.“Given the unregulated market of cryptocurrency, given what we've already seen, proven volatility, and given the fact that student loan debt is something you can't get rid of in bankruptcy, I personally, without getting too hyperbolic here, I would not do that,” Krahel said.A warning from someone who knows money, but even his wisdom is not enough to convince some of his own students.“They'll say, ‘Oh, did you see what bitcoin did yesterday, I made x dollars,’ I'm like, children, come on. Your interest rates and student loans that's what you should be worried about. If you have free money, send it back to Sallie Mae, you know, pay that debt off early because that stuff starts snowballing and paying off debt is a guaranteed return on investment,” said Krahel.And yet it's hard to shake the promise of investing in a market that's produced millionaires from relatively low investments just several years ago.“I don't want to knock cryptocurrencies, they do have a value, but people are getting into it because of that volatility, because you could have a thousand today and ,000 tomorrow,” said Krahel. “So, if you're willing to only see the upside, cryptocurrencies are great but that's not the way life works.”Bitcoin's value has sunk ,000 in the last month and plummeted from its peak in December at nearly ,000.However, with every slump there's also the possibility of a rally. These students could prove their professor wrong or learn a real-life lesson about loss and spending wisely.Krahel said you should be borrowing the least amount of money possible so you have less to pay off in the future.Students are graduating with an average of ,000 in student loan debt. 2541

Stormy Daniels is suing President Donald Trump over his comments dismissing a composite sketch of a man who the porn star says threatened her over her alleged affair with Trump more than a decade ago.Earlier this month, Trump called the sketch "a total con job.""By calling the incident a 'con job,' Mr. Trump's statement would be understood to state that Ms. Clifford was fabricating the crime and the existence of the assailant, both of which are prohibited under New York law, as well as the law of numerous other states," Daniels' lawyer, Michael Avenatti, wrote in the lawsuit. 600

Stock market volatility is back in a big way: The Dow is set for a big rally Friday after a two-day meltdown.Dow futures pointed to a 350-point jump at the open. The Dow lost 1,378 points over Wednesday and Thursday.The broader S&P 500 also looked like it would rally, with futures about 0.9% higher. The Nasdaq, which has taken the brunt of the recent stock market turbulence, was set to rise 1.5%.Why are markets suddenly bouncing back? News late Thursday that President Donald Trump would meet next month with Chinese leader Xi Jinping at the G-20 summit eased some of investors' fears about another trade war escalation. On Friday, China reported its exports rose nearly 15% in September, stronger than expected. That suggests China is weathering the first waves of new tariffs that the Trump administration imposed on billion of Chinese exports this summerEarnings season also kicked off Friday morning, with JPMorgan (JPM) and Citigroup (C) reporting their quarterly finances before the bell. Wall Street analysts expected banks to post another incredibly profitable quarter — and JPMorgan managed to beat their already lofty expectations.In times of market turbulence, there's nothing like soaring profits to calm investors' nerves.Tech stocks have come under fire because they are some of the riskiest and most expensive parts of the market. Investors fear that tech companies may not hold up well in a downturn, particularly as interest rates spike. A proxy for the tech sector had its sharpest plunge in seven years on Wednesday.But Big Tech on Friday looked to regain some of their losses. Facebook (FB) rose 1%, Amazon (AMZN) was up 3%, Apple (AAPL) rose 2%, Netflix (NFLX) was up 4% and Google (GOOGL) bounced back 2%.Asian and European markets also came back Friday. The Hang Seng soared 2.2%. Stocks in Shanghai rose 0.9% and the Nikkei rose 0.5%. Stocks in London, Germany and France all rose about a half percentage point.Stocks had turned sharply south over the past week because investors are concerned about rising interest rates. As the Federal Reserve raises rates to keep the economy from overheating, investors have been getting out of bonds, driving down their price and driving up their yields. Suddenly, the return on bonds has become competitive with some stocks — particularly risky tech stocks.Rising interest rates also increase borrowing costs for households and businesses, eating into corporate profits.The VIX volatility index touched its highest level since February.The-CNN-Wire 2531

Tara Batista spent a week in the hospital after visiting one of her favorite spas for a pedicure. Now she's tethered to a picc line for six weeks and under the daily care of a home health nurse.Batista, who sings at Puerto Rican festivals, says the ordeal has turned her life upside down emotionally, physically and economically.Tampa-based WFTS asked if there was anything different about this pedicure and Batista said she told the woman working on her feet to ease up a bit because it felt like the instruments were digging too far into her skin.Batista says she began to feel weak hours after leaving Nail Image in Tampa. By the next day she experienced extreme fatigue and pains began shooting up her leg.A day and a half later family members drove Batista to the emergency room when part of her foot turned black and she could not stand on her left leg. Doctors diagnosed her with a severe infection. Batista underwent surgery and remained in the hospital for a week. WFTS obtained her medical records which cite a deep injury triggered by a bacterial infection on her left big toe.WFTS took the hospital report to Nail Image along with the receipt from her pedicure. The owner refused to comment. There is no conclusive proof that the pedicure caused the infection.Lee Timberlake instructs students at the Artistic Nails and Beauty academy in Tampa. She spends 155 hours of a 240 hour curriculum teaching sanitizing and disinfecting procedures.Timberlake who has taught nail technicians for 10 years says instruments should be scrubbed then placed into a disinfectant between every customer. Shortcuts can lead to injury. 1656

The addition of a "notorious" galactic cantina will bring not only smugglers and bounty hunters to Disneyland in 2019, but also alcohol sales for the first time.Disneyland's "Star Wars: Galaxy's Edge" will be home to Oga's Cantina, an "otherworldy" stop for music and exotic concoctions, park officials announced Thursday.Among the cantina's limited menu options will be wine, beer, and both non-alcoholic and alcoholic cocktails, according to Disney officials. Officials added that those drinks will need to consumed inside the cantina — so no running around at light speed with a drink.Menu options for kids and those under 21 will also be available, officials promised.The "Star Wars" inspired cocktails mark the first time alcohol will be publicly sold at the park since it opened in 1955.Alcohol sales are already allowed at Disneyland's California Adventure Park and Downtown Disney. The only other area inside Disneyland where alcohol is served is inside the park’s secretive private Club 33.Oga's Cantina sits in what Disney officials are calling the Black Spire Outpost on planet Batuu. Guests will experience a classic "Star Wars" atmosphere, with music provided by a droid from the park's former Star Tours attraction, an array of characters, and more."With a history of being a smugglers’ safe haven and a popular stopping point for those seeking to avoid the authorities, you can bet that the cantina has a story or two to tell," park officials wrote.Disneyland is moving the new Star Wars land into a portion of the park's "Frontierland." The area will also include new attractions in a completely themed experience."Star Wars: Galaxy's Edge" is set to open at Disneyland Resort in summer 2019 and at Disney World in late fall 2019. 1829