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BOSTON, Mass. – The average college graduate has roughly ,000 in student loan debt, which means they are shelling out roughly 0 a month towards student loan repayment. Around 44 million Americans are in this situation and now some are getting help from their employers.“My undergrad is in marketing, I also got my masters just a general MBA as well,” said 31-year-old Eliza Baseau in Boston. “I graduated with 0,000 in student loan debt. It’s startling.”Badeau left college paying, monthly, as much towards student loans as rent in Boston. “Making those payments was insane,” added Badeau. However, a few years after working at Fidelity Investments, the company announced it was rolling out a new workplace perk that would give its employees extra money toward repaying their student loan debt.“Oh my gosh. It was overwhelming in a positive way,” said Badeau, “So, they asked if I could help pilot it and I was like absolutely ‘why not’ why am I not going to do that, right?”Fidelity began giving her and other employees up to 6 a month toward her student loan repayment, with a ,000 lifetime cap. For Badeau, that was almost 20 percent of her monthly student loan bill, and it will equate to paying almost 20 percent of her overall student loan debt. “In the beginning it was something for me where I didn’t see a future in buying a home, I didn’t see a future in starting a family because I couldn’t even fathom getting married or paying for a wedding or having children while battling this debt,” said Badeau, “So now it’s something where that is an option for me.”A growing number of companies are offering similar help to staff stressed and saddled with student loan debt, in part, because these employers are seeing it’s actually benefiting them too.“What we have seen is that it is actually contributing to a reduction in turnover of over 70 percent,” said Asha Shrikantiah.Shrikantiah heads Fidelity’s student loan debt program and has seen it be so successful, internally at increasing employee loyalty and productivity, that the company has taken it external.“We now have an entire benefit’s business around helping people all across the country with standing up employer sponsored benefits for student debt.”Fidelity has helped almost a hundred other companies roll out some form of monthly student loan repayment assistance. That has brought the number to a total of about 8 percent of companies across the country that now offer this new benefit. Over the next five years, that is expected to grow to 20 percent, according to the Society of Human Resources Management. Eventually, student loan repayment assistance could be as common of a workplace perk as 401ks. “Honestly I think there will be no choice. I think just seeing the wave of the generations coming in burdened by the student debt,” said Badeau. “Saving for retirement is a great benefit but right up in there is dealing with your current debt.”Not every company that offers student loan repayment offers it in the same way. Some companies, like Fidelity, will pay their contribution directly to your servicer. Others will match all or a portion of what you pay in monthly student loans to your 401k or other retirement plan. There is quite a variety of ways companies are offering this benefit. Most of the variety comes from companies trying to work this new benefit in, while navigating around tax codes that hinder the amount and way the company can offer student loan repayment assistance.H.R. 1043 is a bill that was introduced in 2019 that would let employers give tax-free student loan assistance up to ,250 a year per employee. Should that bill pass, student loan repayment assistance could be streamlined at most companies that offer it, and even more employers would likely jump on board with the new workplace perk. 3832
Apple has another fix for its troubled laptop keyboards.Following ongoing complaints over broken and sticky keys, the company said Tuesday it is changing the material used in its butterfly keyboards — which are found on most MacBook Air and MacBook Pro computers — and expanding its repair program.Less than a year after the debut of its latest MacBook Pro model, the company announced a faster 8-core MacBook Pro with one very notable change: a slightly revamped version of its third-generation butterfly keyboard.Apple didn't disclose details over the change in material, but said it believes the update will significantly cut down on user complaints.The MacBook Pro line starts at ,799 for the 13-inch model and and ,399 for the 15-inch version.Unlike most laptop keyboards that use a "scissor mechanism," Apple's butterfly method expands like wings, opening itself up to dust and other debris. The concept allowed Apple to create a slimmer keyboard design, but it's been called by some 1006
At Dayton Consolidated School in Maine, one student has inspired a big change to the curriculum. Morey Belanger, a 6-year-old kindergartener, is the school's first deaf student. To make her feel welcome, the school embraced the opportunity to teach all the students some sign language.Sign language posters now line the walls of hallways, and students have learned how to sign more than 20 words including colors, letters and words related to school."Morey -- without even knowing it -- has taught us so much," said school Principal Kimberly Sampietro. "She has brought a culture to our building that we didn't have before."The school installed a hearing assistive system and implemented extra teacher training to incorporate sign language into every classroom, including core subjects, music and computer class. Sampietro said many teachers also began using their free time to watch sign language videos and read books on special education.The kindergarten class is also getting some help from Morey."Morey helped all of them to learn the alphabet," Sampietro said. "The kids have just really embraced her. They look up to her, they want her around, and they want to partner with her."Morey's mom, Shannon Belanger, said her family has been blown away by how supportive the school has been."I absolutely feel like it makes her feel welcomed," Belanger said. "I think all the kids feel excited that they know another language and I think they think it's fun."To celebrate the students' hard work, the school invited a real-life princess who knows sign language to come speak to students this week."We wanted to show our students that this isn't something they can only speak with Morey," said Principal Sampietro, who said most students in their rural Maine school have not encountered many people with hearing impairment. "We wanted to show them that signing happens in all kinds of settings."Morey's mom said she loves art and performing. So when Cinderella came to sing to the entire elementary, she helped with the singing and the signing, of course. 2067
An international airport on the Bahamas' northernmost island was completely underwater on Monday following heavy rain from Hurricane Dorian.Vision shot by Bahamas Member of Parliament Iram Lewis showed a current of water passing the flooded Grand Bahama International Airport."It's very dangerous hurricane as you can see, the wind is pounding, we're still pretty much in harm's way," Lewis says. "We're getting a lot of distress calls. Persons needing rescued, needing to be rescued, but we cannot get to them right now, so we ask persons on higher ground to just hold their positions as best as they can. Find the highest place in their homes, because as it is right now, there's very little the rescue teams can do and if you look, the wind is gusting at about (indistinct) miles an hour, it's just terrible. I am on higher ground. I wish there were more here with me, but of course, it is extremely dangerous. I have never seen anything like this before in my entire life."In another social media post, Lewis said the nation would need "a lot of support" after the Hurricane passes.Lewis added that news and information was "limited."Dorian weakened to a Category 3 hurricane on Tuesday morning as it continued to batter the Bahamas."I pray that God is doing, what only God can, by extending his grace and mercy and by saving lives," Lewis says. "We don't mind the properties, we're just hope that lives will be saved. But as you can tell, we are going to need a lot, a lot of support, after this hurricane is over. And as it is right now we don't even know... we cannot get a weather report, because the television is off. News, information is very limited."The system recorded winds of 185 miles per hour (295 kilometres per hour) when it made landfall on Abaco Island on Sunday. 1797
Baltimore, Md. — A Baltimore man is free after spending more than half of his life in prison for a crime he didn’t commit.Around 5 p.m. Monday night Clarence Shipley took his first breath of free air in 27 years after being exonerated on all charges for the 1991 murder of Kevin Smith.“Freedom feels good,” he said, smiling ear to ear.His mother Ola Shipley always knew he was innocent. He couldn’t wait to give her a hug. “I was waiting on that, God is good, I was waiting on that,” Clarence said. “I’m just waiting to go to church with her with my testimony.”Ola lost a lot of years with her son.“We were going into jail to see him, but we still couldn’t hug him like your loved ones that’s at home," she said. "You can’t do things with him because you’re always confined down.”Clarence's son, Clarence Jr., was forced to figure out life without his dad around.“Growing up without my father coming from the neighborhood I come from, it’s tough,” Clarence Jr. said. “You have to learn how to adapt to be a man. I’m just happy and excited to see how life is with my father, ya know?”He was right there with his arm around his father’s shoulder as they walked out of the court house.“It brought tears to my eyes. I just came home myself, and it’s like I don’t want to repeat no cycle,” Clarence Jr. said. “I’m just ready for a new beginning and to spend time with my son and my father.”Clarence was convicted based on the testimony of a man who admitted to lying to get a shorter sentence for himself.An eye witness said Larry Davis was responsible, but identified Clarence in a photo array.Four years ago, the 1627