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Social media has been filled with emotional farewells from flight attendants, pilots and others in the airline industry, which has been decimated since the onset of the coronavirus.Thousands have lost their job in recent days, and without relief, more could join them. According to the Association of Flight Attendants, more than 100,000 airline workers were out of a job as of October 1. Airlines were no longer obligated as of last week to keep workers employed under the Payroll Support Program, passed by Congress during the spring.With stimulus talks stalled on Capitol Hill, unions representing the airline industry have been pushing Congress to take immediate action. And given the mixed messages coming from the White House, it is unclear if any assistance is coming their way.On Tuesday, President Donald Trump tweeted that he would no longer negotiate with House Democrats on economic stimulus, but backtracked later in the night saying he would accept a standalone bill to fund the Payroll Support Program.On Wednesday, more than a dozen unions representing workers in the airline industry signed a letter to Congressional leaders, urging them to approve a standalone bill to renew the Payroll Support Program.“There continues to be strong, broad, and bipartisan willingness to protect jobs and livelihoods in the airline industry by extending the successful Payroll Support Program (PSP), which was part of the CARES Act,” the unions wrote to Congress today. “Unfortunately, efforts to do so did not come to fruition before the program expired on Sept. 30. As a result, several U.S. airlines had no choice but to move forward with tens of thousands of furloughs last week, and many more job losses are expected across the industry in the weeks ahead if the PSP is not extended.”Congress squabblesFunding another round of stimulus has been a contentious topic on Capitol Hill since the summer as getting House and Senate leaders to agree with the White House has been an issue. While there has been broad agreement on renewing aspects of the Paycheck Protection Program and a second round of ,200 stimulus checks for Americans, Congress has been unable to send a comprehensive bill to the president.House Speaker Nancy Pelosi blasted Republicans for “blocking” relief for the airline industry.“Tens of thousands of airline workers stand on the brink of being fired, losing their certification requirements and seeing their livelihoods and financial security ripped away,” Pelosi said. “Democrats provided a path forward to avert catastrophe for these workers. Chairman (Peter) DeFazio (D-Oregon) requested unanimous consent for his standalone bipartisan bill to extend the Payroll Support Program. Disappointingly, Republicans objected to the legislation.”House Minority Leader Kevin McCarthy returned fire at Pelosi.“Nancy Pelosi's all-or-nothing approach has derailed relief negotiations every single time,” McCarthy said. “Today is no different. At a minimum, Democrats should now join Republicans in re-opening the already-funded Paycheck Protection Program so businesses can keep paying their employees.”The pandemic’s impact on travelAccording to Southwest CEO Gary Kelly, domestic travel is down 70% from a year ago, and is at 1970s levels.Due to concerns over the spread of the virus, several airlines have eliminated the middle seat on flights. Other airlines are capping the number of passengers on board flights.In addition to these restrictions, international travel is largely restricted from the US. While some international travel is beginning to resume, flights originating or arriving in the US have mostly been eliminated amid the pandemic due to international travel restrictions.Amid the pandemic, carriers are attempting to regain confidence in travel. Airlines are strictly enforcing mask wearing on board flights, and have been promoting sanitation efforts to eliminate the coronavirus from spreading among passengers.“We hope you find comfort in the policies we’ve implemented to keep you safe, including blocking middle seats, using electrostatic spraying on surfaces in the airport and onboard between flights, and requiring masks. Wearing a mask is the No. 1 thing each of us can do to help control the spread of the virus and protect each other,” Delta CEO Ed Bastian wrote in a letter to customers.How airlines are respondingDifferent airlines are addressing the drop in funds differently. For instance, discount carrier Southwest announced it is holding off on any layoffs or furloughs until 2021, the company announced this week.“I remain grateful for that six months support,” Kelly said about the Payroll Support Program. “But the fact is it just did not go far enough or long enough. The pandemic has devastated travel and tourism.”Southwest has asked its employees to accept pay cuts while it awaits potential federal funding in order to avoid layoffs.Delta Air Lines said it would wait until November 1 before moving forward with job cutsBut other airlines have not been as fortunate. According to NBC News, American Airlines was forced to furlough 19,000 employees, and United Airlines furloughed 13,000 employees.Emotional goodbyesMeanwhile, longtime airline workers have been giving emotional goodbyes to their customers. 5281

Senate Minority Leader Chuck Schumer is pushing the incoming Biden administration to cancel up to ,000 in federal student loans when the president-elect takes office in January.His announcement comes as the nonpartisan Congressional Budget Office released data indicating that America’s student loan debt had increased by 700% during the period from 1995 through 2017.Schumer said that Biden can forgive the debt by executive action due to the Higher Education Act. The Trump administration previously cited the Higher Education Act in authorizing a freeze in student loan payments, which has been extended through the end of January.If Schumer has his way, the freeze would be made permanent for millions of student loan customers."College should be a ladder up but student debt makes it an anchor down. For far too many students and graduate students, some years out of school, student loans and federal student loans are becoming a forever burden," Schumer said. "They stand in the way of people getting the job they want, they stand in the way of buying a home, of starting a family, of buying a car and they hurt our economy dramatically.”Biden has not indicated support for the plan, and has instead offered a more modest recommendation of canceling up to ,000 in federal student loans.Loan burden increasingData released this week by the Congressional Budget Office shows that America’s collective student loan burden has increased seven times from 1995 through 2017 for a multitude of reasons.The CBO lays out a number of reasons why this has happened. One culprit is that borrowing from private, for-profit colleges has skyrocketed. Adding insult to injury, those who attend for-profit colleges and universities are more likely not to graduate, resulting in fewer job opportunities.The CBO also says that enrollment increased at universities across America through the late 90s and 00s, meaning there were simply more students to go into debt. The number of students taking out new loans did subside some after a 2011 peak, but remained higher in 2017 than they did in the 90s and much of the 00s.There has also been an arms race at universities to increase services to students, which increases costs. This comes while state support for public universities has decreased in recent years.Are student loans themselves responsible for increases to tuition?The CBO says that until recently, there was no evidence that an expansion to the federal student loan program was responsible for tuition increases at universities. But the CBO claimed that more recent data has suggested that federal student loans could result in increased tuition.The CBO cited a study conducted by Dr. Robert Kelchen of Seton Hall called “An Empirical Examination of the Bennett Hypothesis in Law School Price” among other studies.“Using data from 2001 to 2015 across public and private law schools and both interrupted time series and difference-in-differences analytical techniques, I found rather modest relationships across both public and private nonprofit law schools,” Kelchen wrote.College grads still fare better overallDespite all of the debt many college graduates face in the years, and even decades, after attending school, those with bachelor’s degrees or higher fare much better in the job market.According to the US Census’ 2019 data, the median income for a householder with a bachelor’s degree was ,036, with those with advanced degrees making even more. For those with an associate’s degree, a degree generally given to community college graduates, the median income was ,242. Those who attended some college, but did not have a degree, earned ,380 a year, while those who were high school graduates earned ,803.During the height of the pandemic, those with at least a four-year college degree were more likely to hang on to their job. The unemployment rate increased from 2.5% to 8.4% for those with a bachelor’s degree from March to April of 2020. Those with an associate’s degree or some college experience, but not a four-year degree, saw an unemployment rate increase from 3.7% to 15%.For those who graduated high school but did not attend college, the unemployment rate during the same period jumped from 6.8% to 21.2%.The most recent job figures, which were for the month of October, showed an unemployment rate of 4.2% for those with at least a four-year degree, 6.5% for those with an associate’s degree or some college, and 8.1% for those with a high school diploma and no college experience. 4529

So you're ready to win the Powerball and Mega Millions?You have a better chance of being struck by lightning and bitten by a shark simultaneously, but reality's a bummer. It's more fun to fancy oneself doing the Scrooge McDuck in a vault full of gold coins.Fortunately, there's time to prepare yourself for this historic windfall. After both the major lotteries rolled over, the kitties now stand at .6 b-b-b-billion, with a B, for Mega Millions and 0 million for Powerball. New numbers will be drawn Tuesday and Wednesday, respectively.You have to win, right? (No.) You've been playing for years; surely it's your time. (Eh.) You deserve this! (Maybe that's true.) 683

Social media platform Facebook has announced it is establishing an independent election research commission "that will solicit research on the effects of social media on elections and democracy."That's according to CEO Mark Zuckerberg, who made the announcement on Facebook today."The goal is both to get the ideas of leading academics on how to address these issues as well as to hold us accountable for making sure we protect the integrity of these elections on Facebook," Zuckerberg said. 504

She was a beautiful humanBerta’s gruff exterior was an invention of the writers. Chatty’s warmth and vulnerability were her real strengths. I’m crying for the woman I’ll miss, and the joy she brought so many. https://t.co/SucL6gFaAR— Jon Cryer (@MrJonCryer) October 13, 2020 288