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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

SPRING VALLEY (KGTV) - San Diego County Sheriff's Department deputies are investigating a Spring Valley stabbing that left one man dead and a woman injured.Deputies responded to calls about a stabbing just before midnight Friday at an apartment complex at 3560 James Circle, said Lt. Thomas Seiver of the San Diego County Sheriff's Department.First responders rushed a man to a local hospital, where he was pronounced dead shortly after his arrival, Seiver said. The woman was transported to a local hospital with non-life threatening injuries.The sheriff's Homicide Unit urged anyone with information regarding the incident to call them at 858-285-6330 or Crime Stoppers at 888-580-8477. 696

Sen. Lisa Murkowski, R-Alaska, who previously said she would not vote to confirm any nominee to fill the Supreme Court vacancy prior to the 2020 presidential election, said on Saturday that she would vote to confirm Judge Amy Coney Barrett.Murkowski was one of only two Republican senators who expressed any hesitancy in confirming Barrett to the Supreme Court. Because the Republican caucus holds a 53-47 voting edge in the Senate, Barrett's nomination would have likely passed without Murkowski's support.Earlier on Saturday, Murkowski voted no on procedural votes required prior to Monday's planned full Senate vote on Barrett's confirmation on Monday. In a speech on the floor of the Senate, Murkowski said she was opposed to the process, not the judge."While I oppose the process that has led us to this point, I do not hold it against her as an individual who has navigated the gauntlet with grace, skill and humility," Murkowski said, according to CBS.Since the death of Justice Ruth Bader Ginsburg in September, Murkowski has opposed filling her seat until after the election.“I’ve shared for a while that I didn’t think we should be taking this up until after the election, and I haven’t changed,” she told Politico on Thursday.In 2016, the Republican-controlled Senate blocked then-President Barack Obama's nominee to fill a Supreme Court seat vacated by the death of Justice Antonin Scalia for more than seven months, saying it was too close to a presidential election and that the American people should decide who should fill the seat.Sen. Susan Collins, R-Maine, is the only other Republican who has signaled she may vote against Barrett's confirmation. It's currently unclear how she will vote.This story is breaking and will be updated. 1760

Some buttons, horse hair, and other items believed to have belonged to Confederate General Robert E. Lee and other leaders at the time, were found in a metal box beneath the Confederate Soldiers Monument in Raleigh, North Carolina.The monument was a large white pillar with a statue of a confederate soldier on top, erected in 1894. Governor Roy Cooper ordered the removal of the statue and two others from the grounds of the state capitol last month after others in the city were toppled. 497

Senate Majority Leader Mitch McConnell cut a deal with Democratic leaders in the upper chamber to clear a slate of President Donald Trump's nominees, one of the top August priorities for the Kentucky Republican.The deal, which permitted 11 nominees to be cleared immediately and another eight to be voted on next week, also will allow senators who missed most of their August recess to go home for a couple of days before many come back at the end of the week to say farewell to their colleague Sen. John McCain, who died last Saturday.McConnell had canceled the August recess after being pushed by restive conservatives in his caucus to stay in session to approve Trump's picks and make progress on oft-delayed spending bills.Many senators hoped the threat would be short-lived but after liberal Democrats bottled up the nominees and refused to relent, McConnell was forced to take time-consuming procedural steps to overcome the filibusters.There is little the minority Democrats can do on their own to stop the nominees, because only a simple majority is needed for them to be confirmed. But Democrats were able to delay OK'ing some of the nominees at least until next week.Democrats insisted on roll call votes for some of the picks, including Richard Clarida -- to be vice chairman of the Federal Reserve Board -- who was confirmed 69-26, and Joseph Hunt -- to be assistant attorney general for the Civil Division of the Department of Justice -- who was confirmed 72-23.The Senate approved several judges by voice votes, a speedier tool when nominees are not considered controversial.One of those judges was Terry Moorer, who was appointed by Trump to be a US district judge in Alabama's Southern District about a year ago.In a statement, Sen. Richard Shelby, an Alabama Republican, praised Moorer's dedication to the Constitution and accused Democrats of "historic obstruction" of Trump's judicial nominees. 1921