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College students and loans seem to go hand in hand, and student loan debt is an ever increasing problem in the U.S.But it might surprise you what some college students are doing with any excess loan money they may have after paying for things like tuition, books, and housing.A study by the Student Loan Report found that approximately one out of every five students with loans have used loan money in some form to invest in cryptocurrencies—in other words, things like Bitcoin.But financial advisers caution that may not be the best decision.“My gut reaction,” said financial advisor Martin Walsh with Brown and Tedstrom, “is that it’s probably a bad idea.”Walsh said using borrowed dollars to invest in speculative assets, such as Bitcoin, would make him “very nervous.”Cryptocurrency is the formal word for a type of digital money that uses encryption to transfer funds, independently of a central bank.Walsh cautions: “buyer beware.”“There’s been a ton of talk about cryptocurrency over the last year,” Walsh said, “mostly because of the massive run up in price.”Bitcoin — the biggest player in the Crypto game—saw prices for their “coins” at around ,000 in December. But fast forward two months to February and the price plummeted to ,000.Walsh has had clients ask about it mostly because “their friends have invested in them and have made money.” But he says that as a general rule the firm he works for, Brown and Tedstrom, won’t advise clients to invest in cryptocurrency.“It seems fun and easy, and things have doubled, tripled, even quadrupled. But there’s incredible volatility in investing in bitcoin and other cryptocurrencies,” said Walsh.Paul Foley, a big supporter of the technology behind cryptocurrency, says he has invested “quite a bit” in Ethereum, another player in the cryptocurrency realm. He says anyone investing now should see this as a “10 to 15 year plan”—not a short term way to make money.“I plan on holding for a very long time,” said Foley.But even he says that the notion of using borrowed funds, i.e. student loans, to invest in speculative assets like Ethereum is “a terrible idea.”Both Foley and Walsh say anyone looking to invest in this emerging field needs to do their homework. They both believe that the more uneducated people there are who decide to jump in the market on a whim, the greater the chances of a “bubble” bursting, similar to the housing market crash of 2008. 2440
CONIFER, Colo. – The Jefferson County Sheriff’s Office is warning people about leaving their cars unlocked after several incidents, including one caught on video, in which bears have gotten into vehicles.The sheriff’s office posted video on Facebook that showed deputies using a rope to open a car door in Conifer on Monday. A black bear then exits the car and runs off.The deputy recording the scene then shows the interior of the car, which was torn to shreds. The bear also left behind a half-eaten banana.The sheriff’s office said no humans or bears were hurt. 583
CUSICK, Wa. – The pandemic is making learning tough on students across the country, but for one Native American school that relies on in-person learning, COVID-19 is threatening the core of its program.It’s a language born in the mountains of northeastern Washington. The language, a special dialect called Salish, is the native language of the Kalispel Indian tribe.“We live in the land along the rivers, we hunt we fish, that’s our way,” said JR Bluff, the language director of the Kalispel Tribe.A crucial piece of living the Kalispel way is speaking the Salish language. “Being connected to the ground, being connected to the world, our environment, the people, being connected to our ancestors, the language can do that. It gives you that identity,” said Bluff.It's an identity that was about to be lost forever. “We have four elders that have the language, they’re it, and so we have to move,” said Bluff.So, each day, JR Bluff works to keep his heritage alive. “We believe we are backed into the corner. We believe we don’t have tomorrow, it has to happen today,” said Bluff.Several years ago, Bluff started an immersion school to pass that language down to the next generation. All of the lessons are in Salish.Students who opt into the daily program come to the Salish school after a few hours at the public school across the street.The immersion school not only meets common core education standards, it gives both students and teachers a deep connection to their roots.“The language is healing. It filled a void I didn’t know I had,” said Jessie Isadore, the Language Program Coordinator. “When the kids have a strong foundation and know who they are and where they come from, they’ll be more successful.”Just when JR and his team saw their language growing strong through the students, the pandemic threatened to take it all away.“Our strength is relationships,” said Bluff. “You need to be in the seat with me.”“If the kids aren’t in the classroom, they’re home doing online learning, it’s not the same as being in the classroom. We lose time and we lose language,” said Isadore.To make sure that doesn’t happen, the school’s teachers are now creating Salish lessons online, something they’ve never done before.“We have not done zoom with our students yet, so that’s going to be a new process this year,” said Isadore.“We’re going to figure it out, and we have to figure it out. If I have to record, and we have to drop off a disc everyday, I’ll do it,” said Bluff.It’ll take the extra effort in a place where WiFi is not reliable and instruction is best done in person.“Our language, it’s a sacred breath, you’re not just hearing a word, you are with me and you’re hearing my breath, that’s the strength of our language,” said Bluff.While the future of this classroom is left uncertain, the future of this culture is something JR knows he will protect for his entire life.“Our language has had so many bumps in its thousand-year history, this is just another bump. It’s real in that it affects our community, affects our students, affects our parents, but I know it will pass,” said Bluff. 3111
CROCKETT, Calif. (AP) — A fire at an oil storage facility in the San Francisco Bay Area prompted a hazardous materials emergency Tuesday afternoon that led authorities to order about 12,000 people in two communities to stay inside with all windows and doors closed.Thick plumes of black smoke and flames filled the skyline around the NuStar Energy LP facility in Crockett, California, about 30 miles (50 kilometers) northeast of San Francisco."This is a very dynamic, rapidly evolving situation," said Capt. George Laing of the Contra Costa Fire Department. "We've got two tanks that are releasing chemicals that are still burning."The Contra Costa Health Department posted on Twitter that there was a "hazardous materials emergency" in the towns of Crockett, home to about 3,100 people, and Rodeo, population 8,700. The department urged residents to stay inside and close all windows and doors."Cover any cracks around doors or windows with tape or damp towels. Stay off the phone unless you need to report a life-threatening emergency at your location."The city of Vallejo also tweeted that its residents should stay inside.Contra Costa Fire Department spokesman Steve Hill said that an hour into battling the blaze, which started around 2 p.m., firefighters seemed to be making progress and were keeping adjacent tanks cooled with water.Interstate 80 was closed.Officials said they did not immediately know the cause of the fire and whether there was any connection to a 4.5-magnitude earthquake Monday night centered in the East Bay city of Pleasant Hill, north of Oakland.That quake caused malfunctions at two nearby oil refineries operated by Shell and Marathon oil, Randy Sawyer, Contra Costa County's chief environmental health and hazardous materials officer, told KQED News. Some equipment at the Shell refinery was temporarily affected by the quake, spokesman Ray Fisher said. 1895
CORONADO, Calif. (KGTV) -- World War II veteran Tom Rice has a lot of war stories. “All that we did was new and experimental because we had experimental and brand new equipment that we weren’t supposed to tell anyone about,” said Rice.Rice grew up on Coronado. He joined the 101st Airborne Division as a paratrooper in 1941 after graduating high school.“I’d never been in a plane. I’d hardly ever seen any planes because I always lived right here.”After training in Georgia, Rice parachuted into Normandy on D-Day. “I’m in the door looking out straight and I could just see all the fireworks coming up. It was, it felt like a Fourth of July thing. When I stepped out, the prop blast hit me. So I’m hanging on the outside and the rest of the guys are going underneath me.”Rice landed safely even though a bullet struck his parachute. “I was black and blue for about three weeks.” He went on to win several Purple Hearts and France’s Legion of Honor.Despite being 97-years-old, Rice still parachutes out of an airplane every year on the anniversary of D-Day to pay tribute to his fellow paratroopers. “I’ll keep jumping until I’m 100.”In honor of his courage, Rice will be the Grand Marshal of Sunday’s Mother Goose Parade, the same parade he enjoyed with his children decades ago.“There’s going to be an awful lot of people there. It’s going to be something.”The parade is in it’s 72nd year. It begins Sunday, November 18, at 1 p.m. The route travels along Main Street from El Cajon Boulevard to 1st Street. 1514