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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
CLEVELAND — A mother in Shaker Heights, Ohio said her daughter was ridiculed after asking her cheerleading coaches for a larger uniform. Mother Lakessa Taylor claims the fat-shaming didn't end there.Laylonie Dowdell, 16, rejoined the cheerleading squad at Shaker Heights High School this fall, but after a summer off, her uniform was a little snug.Her mother told her to request a new, larger one and the teen said what happened next left her speechless."They basically refused to order me a uniform because they said it held my boobs down," Dowdell said.She not only complained that her top was extremely tight, she told an assistant coach her pants were too small as well."She replied, 'I wonder why? You're eating too much,' and insisted I run laps back and forth to the stop sign and back until my ride got there," said Dowdell.Dowdell said she didn't want to show her two coaches she was upset, so her coping mechanism was to always smile and giggle."You're supposed to be my coach, she's supposed to mentor me, uplift me, but you're putting me down," said Dowdell.In a video from an away game in Medina, Ohio you can see Dowdell having to pull her uniform down.After struggling with it at another game in Mentor, Ohio she said she was approached by the assistant cheerleading coach while holding a hot dog and a pop.Dowdell said the coach asked her: "What are you putting in your mouth now? Why are you eating that?"Dowdell's mom said the hurtful comments left her daughter broken."We train our children to fend off bad things from other children, but we don't train them to defend themselves against adults," Taylor said.Taylor said as soon as her daughter told her what was going on, she notified the principal."I complained to the school on Monday. Today is Friday. I haven't heard anything from the school," said Taylor.While she hasn't heard anything from the school district, Taylor got a chance to talk with the assistant coach."She told me herself, 'Well, Laylonie was laughing and joking and so I didn't think there was anything wrong with what I said. Laylonie talks to me about her weight sometimes, so it was OK for me to say those things to her,' " said Taylor.Since coming forward and sharing her story, both coaches in question have resigned. WEWS was told the head coach planned to do so anyway at the end of football season."This is not the only complaint. We're talking about several. I've talked to four parents in the last 24 hours," said Taylor.In light of these allegations, the district is praising the head coach for her 23 years of service, calling her a devoted coach, a mentor and a "valuable member" of the athletic department."It's disturbing that the school is commending this lady for all that she has done," said Taylor.The district refused WEWS's requests for an on-camera interview, but a spokesperson said they take complaints of this nature very seriously.In the meantime, Dowdell said for the first time ever she's having issues with her body image."I know I'm pretty, I know I'm beautiful. But, when I look in the mirror I'm not as skinny as the next girl, or I can lose a few," said Dowdell.In a statement, the district said that despite these resignations, the investigation into these complaints will continue. 3290
COLUMBUS, Ohio (AP) — Data released Monday show governors who led state responses to the coronavirus pandemic were among beneficiaries of the loan program created to help small businesses weather COVID-19's economic effects. The governors of at least seven states had ties to companies that received loans through the Small Business Administration's Paycheck Protection Program. 387
Cloie Musumecci sent MTN News a brief video of a woman tripping and falling as a bison charged at her and another person in Yellowstone National Park.Cloie said in an email that the incident happened at Nez Perce Creek. She said the woman "is a Montana local so she knew to play dead in that situation."The woman was not injured and escaped "without a scratch," Cloie said. No further information has been released yet, such as whether or not the visitors got too close the bison.Several recent incidents involving visitors and wildlife at Yellowstone:Woman gored by bison in Yellowstone parkWoman injured by grizzly in Yellowstone parkChild tossed in air by bison in YellowstoneWoman knocked down by bison in Yellowstone parkWe are trying to get more details about the incident and will post an update if we learn more.Park officials says that animals in Yellowstone National Park are wild. When an animal is near a trail, boardwalk, parking lot, or in a developed area, visitors must give it space. Stay 25 yards away from all large animals – bison, elk, bighorn sheep, deer, moose, and coyotes - and at least 100 yards away from bears and wolves.Bison are the largest mammals in North America. Males can weigh up to 2,000 pounds and stand up to six feet tall, according to the Department of Interior. 1311
Cindi Avila is a well-known TV personality known for her work at news stations such as MSNBC, Fox News and NY1. She also has made a mark in the food world. After working as a news anchor/reporter/producer for years she decided to pursue a passion for food and obtained a culinary degree from the prestigious Natural Gourmet Institute in New York City. Cindi has appeared on Food Network shows including Chopped, Bravo's Pregnant in Heels and she won TLC's Dinner Takes All. She now appears on TV stations all over the country talking about various food topics and brands. 589