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As many former college students are getting a reprieve from paying federal student loans, some Democratic leaders are calling on the next president to suspend payments permanently.On Thursday, Senate Minority Leader Chuck Schumer called on forgiving federal student loans for those owing less than ,000. Schumer is proposing a resolution to outline how the president should forgive student debt.The resolution would not be applicable to private student loans.In a statement, Schumer said, “For far too long the sunny, American optimism of our young people has been clouded by crippling student debt. Education is supposed to be a ladder up, but studies have shown that student loans hold people back and prevent young college graduates from owning homes or starting small businesses. This holds our entire economy back, which we cannot afford after the financial devastation of COVID. That is why I will prioritize student debt forgiveness in 2021."Schumer’s comments came as the U.S. Senate Committee on Health, Education, Labor, and Pensions met with experts on the government’s student aid program FAFSA.A 2017 federal government study found that 20% of students who took out college loans during the 2003-04 academic year had paid off their debt within 12 years. Those taking out loans that year were more likely to have defaulted on a loan at least once.Dr. Judith Scott-Clayton, an economics researchers at Columbia University, went before the US Senate on Thuesday. Facing questions from Democratic Sen. Elizabeth Warren, Scott-Clayton said that the impact of student loan debt is particularly crippling to minorities.“It's really shockingly bad,” Scott-Clayton told the U.S. Senate Committee on Health, Education, Labor, and Pensions. “Even prior to the pandemic, nearly half of Black student loan borrowers would experience a student loan default within 12 years of college entry. That's-- compared to about a third of Hispanic borrowers and one in five white student borrowers. It's so bad that a Black college graduate with a bachelor's degree is more likely to experience a default than a white college dropout. And unfortunately, these stats might get worst due to the pandemic.”Last month, President Donald Trump extended a moratorium on federal student loan payments. Borrowers are not obligated to repay federal student loans through the rest of the year. The executive order was signed due to the economic fallout stemming from the COVID-19 pandemic.Collectively, Americans owe .54 trillion in student loan debt, which is nearly 0 billion more than owed on auto loans, and nearly twice the amount owed on credit cards.While many college grads are straddled with debt, having a college degree has a significant impact on earnings. According to the Bureau of Labor Statistics, the mean weekly earnings for a college graduate is ,416, compared to 9 per week for a high school graduate with no college education. 2947

An estimated 43 million Americans plan to travel this week and weekend because of the Memorial Day holiday, AAA says.With that information in mind, some traveling by airplane may be wondering what the airport crowds will be like.Information from the Bureau of Transportation Statistics analyzed by consumer research group ValuePenguin reveals the worst day to travel for the holiday weekend is this Thursday, May 24. Busy times at airports may lead to delayed flights, and ValuePenguin has also analyzed which airports may see the worst delays. 562

Are you a dad? If so, what is your dream car? Is it a fast car that can get from 0 to 60 in warp speed? Or is it something more practical, like a minivan or hybrid?This week in honor of Father’s Day and, Kelley Blue Book released a list of the 10 coolest cars for dads under ,000.Here is the list:1) Ford Mustang (,187)2) Chevrolet Camaro (,144)3) Dodge Challenger (,367)4) Jeep Wrangler (,600)5) Fiat 124 Spider (,335)6) Honda Civic Si (,509)7) Volkswagen Golf GTI (,299)8) Hyundai Veloster N (,786)9) Mazda CX-5 (,551)10) Toyota Tacoma (,381)"The variety of models on this list will accommodate the classic, more sensible father to the rugged, adventurous type," said Matt DeLorenzo, senior managing editor for Kelley Blue Book. "On top of great styling and amenities, these new-car models are available at a compelling price points. There is plenty to like about these models, including power, upscale features, and practicality in stylish packages."What is it about the Ford Mustang that makes it the “coolest car for dads?”“This is the pony car that started it all. With EcoBoost 4-cylinder power, iconic styling, and a usable back seat, the Ford Mustang has it all for well under ,000,” Kelley Blue Book says.Click here to read more about the top 10 cars for dads. 1314

An unpublished report that was obtained by the nonprofit newsroom Center for Public Integrity, prepared for the White House Coronavirus Task Force, recommends that 18 states consider rolling back reopening.The 359-page document detailed the states as a "red zone" because they had more than 100 new cases per 100,000 population last week. The report recommends that states should have citizens wear a mask at all times, practice social distancing, states should close all bars and gyms, and limit social gatherings to 10 people.The following states should consider scaling back reopening plans, according to CPI:AlabamaArkansasArizonaCaliforniaFloridaGeorgiaIowaIdahoKansasLouisianaMississippiNorth CarolinaNevadaOklahomaSouth CarolinaTennesseeTexasUtahTo read more of the report obtained by the Center for Public Integrity, click here. 844

American’s Chief Medical Officer and leaders from our pilots’ office have been in touch with our Dallas Fort Worth based pilot who tested positive for COVID-19. We are in close contact with the Centers for Disease Control and Prevention (CDC) and public health officials and are coordinating with them on all required health and safety measures.“ 354

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