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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

The Big Ten and Pac-12 Conferences officially announced on Tuesday that they've postponed their upcoming 2020-21 college football season, which also includes all fall sports, due to the coronavirus pandemic.Both conferences are keeping the option of playing in the spring a possibility.Pac-12 said in a press release that when conditions improve, they'll consider a return to competition for impacted sports after January 1, 2021.“All of the Pac-12 presidents and chancellors understand the importance of this decision, and the disappointment it will create for our student-athletes, the coaches, support staff, and all of our fans,” said Michael H. Schill, president of the University of Oregon. “Ultimately, our decision was guided by science and a deep commitment to the health and welfare of student-athletes. We certainly hope that the Pac-12 will be able to return to competition in the New Year.”Pac-12 Commissioner Larry Scott said that playing in a bubble wouldn't work.“Unlike professional sports, college sports cannot operate in a bubble,” he said in the news release. “Our athletic programs are a part of broader campuses in communities where in many cases the prevalence of COVID-19 is significant. We will continue to monitor the situation and when conditions change we will be ready to explore all options to play the impacted sports in the new calendar year.”In a press release, the Big Ten conference said that multiple factors, which included advice and counsel of the Big Ten Task Force, contributed to them postponing fall sports.“The mental and physical health and welfare of our student-athletes have been at the center of every decision we have made regarding the ability to proceed forward,” said Big Ten Commissioner Kevin Warren in the statement. “As time progressed and after hours of discussion with our Big Ten Task Force for Emerging Infectious Diseases and the Big Ten Sports Medicine Committee, it became abundantly clear that there was too much uncertainty regarding potential medical risks to allow our student-athletes to compete this fall."The Big Ten Conference was the first major conference to cancel fall athletics.“We know how significant the student-athlete experience can be in shaping the future of talented young women and men who compete in the Big Ten Conference," said Warren in the statement. "Although that knowledge made this a painstaking decision, it did not make it difficult. While I know our decision today will be disappointing in many ways for our thousands of student-athletes and their families, I am heartened and inspired by their resilience, their insightful and discerning thoughts, and their participation through our conversations to this point. Everyone associated with the Big Ten Conference and its member institutions is committed to getting everyone back to competition as soon as it is safe to do so.”Along with football, the Big Ten said that men’s and women’s cross country, field hockey, men’s and women’s soccer, and women’s volleyball were also canceled.“Our primary responsibility is to make the best possible decisions in the interest of our students, faculty, and staff,” said Morton Schapiro, Chair of the Big Ten Council of Presidents/Chancellors and Northwestern University President.The Big Ten hopes to play football in the spring. 3325

TAMPA, Fla. -- A commercial about child hunger inspired Kennedy McCormick to take action when she just 7 years old.“I felt really bad for the children, so I wanted to do something to help,” said McCormick, now 14.For her birthday that year, she wanted to collect food instead of getting presents.“So we had a party and that’s exactly what happened. Everybody brought food,” said her father, Kelvin.Kennedy has carried on that tradition every year, teaming up with Feeding Tampa Bay to make sure the donations get to those in need.“The more I’ve done it. The more donations I’ve gotten over the years,” said Kennedy.This year with the pandemic, she held a virtual fundraiser, raising about ,000.All her hard work got noticed by General Mills and they surprised her with a donation like she’s never seen before: two truckloads of Cheerios. That’s 48,000 boxes.“I was extra surprised when I saw the truck drive by because I thought it was only going to be the cereal over there and then there was a truck. And I was like oh my gosh there’s so much cereal,” said Kennedy.“She’s a wonderful young lady all around and so this just adds to our ability to participate in something that she enjoys,” said her mother, Joy.Feeding Tampa Bay says they’ll be sending out all these boxes of cereal throughout the community has part of the two million meals they deliver each week.For more information on Feeding Tampa Bay’s Cereal for Summer program, you can click here for more information.Kennedy is still collecting donations on her Facebook recital page at Facebook.com/kjmacgirls.She is also already planning for her party next year with one change, guests will be able to bring cereal and cash.This story was originally published by Erik Waxler at WFTS. 1755

Survivors of alleged sexual abuse at the hands of priests nationwide are set to announce a federal class-action lawsuit aimed at the United States Conference of Catholic Bishops.In the lawsuit, the group and their attorneys say the Conference "knowingly concealed" the identities and actions of known abusers. So they're calling for the bishops to release the names and files of every known accused priest in the country.They're due to make the announcement at 1:00 Wednesday afternoon in Baltimore, where those bishops are for the final day of their annual meeting. 574

TAMPA, Fla. — A Tampa man was released from prison on Thursday afternoon after 37 years behind bars for a murder and rape officials now say he didn't commit.Robert DuBoise, 55, walked free after an 11-month investigation by the Conviction Review Unit of the State Attorney’s Office, in collaboration with the Innocence Project, determined he was innocent.“I’m just happy to get home to my family," he said. "It’s a beautiful day.”The first thing DuBoise said he did was hug his mom, Myra, and sister, Harriett. Both women say they never gave up hope.Susan Friedman, an attorney with the Innocence Project, said the motion of release being granted is like "waking up from a nightmare" for DuBoise.WATCH THE FULL PRESS CONFERENCE OF DUBOISE SPEAKING AFTER BEING RELEASED BELOW: 783