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ANAHEIM, Calif. (KGTV) - Several Downtown Disney businesses will shutter their doors this summer to make room for a new 700-room hotel near Disneyland.The hotel will occupy the west end of the district, offering guests a new gateway to Disneyland via the park's iconic monorail.In the process, several businesses will close in Downtown Disney: AMC 12 Theatres, Rainforest Cafe, ESPN Zone, Earl of Sandwich, Alamo Rent-a-Car, and the west-end Starbucks.RELATED: Take a virtual walk through Disney Parks with new 360-degree panoramas on Google Street ViewDisney Vacation Club and Walt Disney Travel Company offices in the area will also be relocated. "Our plans represent our commitment to Anaheim and continued growth and transformation of Downtown Disney, and future Disneyland Resort, including our new hotel, which will create 2,500 jobs between construction and operation," Suzi Brown, a Disneyland Resort spokesperson, said. "We thank the operating participants that are closing this summer for their partnership over the years."Disney did not say if any of the businesses will close permanently or join the hotel development.RELATED: Disney to close A Bug's Land to make way for superhero-themed landESPN Zone cast members are being helped by Disney to find new roles in the park and the other businesses are looking into redeploying their employees to other Southern California locations. The park is also holding three job fairs from April to May.The businesses will close by June 30, with demolition of the site slated to begin in July. The hotel is scheduled to open in 2021.Downtown Disney's hotel is the latest project by the park to increase its appeal outside the theme park.RELATED: Report: 10 percent of Disneyland employees have recently experienced homelessnessEarlier this year, the park announced San Diego-based Ballast Point Brewing would open the park's first on-site brewery in 2018.Ballast Point's Disney location will be family-friendly, according to the park, offering a children's menu and gluten-free and vegetarian options. 2105
As colleges figure out how to structure classes this fall, many students are questioning whether to enroll at all. The idea of taking a gap year might sound enticing, but returning students should think twice.Many colleges have official gap year or deferred enrollment policies for incoming freshmen. But returning students who choose to take time off and re-enroll once the uncertainties of the COVID-19 pandemic have passed aren’t “gappers.” They’re “stopouts,” and they face risks that don’t come with a traditional gap year.The president and founder of The Institute of Student Loan Advisors, Betsy Mayotte, explains that colleges have individual leave of absence and withdrawal policies for students who want to take time off. Students who don’t follow those rules might end up with unexpected debt and be blocked from accessing their academic transcripts.“I see a lot of students that just stop going to school and don’t understand why they’re being charged,” says Mayotte.Taking a break from college this fall could derail your overall educational and financial goals. Here’s why you should stay enrolled.You might have to reapply to get back inUnless the college makes concessions, students without an approved leave of absence are at the mercy of the readmission policy to determine if they can return. Even with an approved leave of absence, you can miss only 180 days in a 12-month period, according to the Department of Education’s Code of Federal Regulations.Schools also don’t have to readmit students who take time off unofficially. For example, University of Arizona’s Graduate college usually requires a new application, application fee and a minimum 3.0 GPA on all previous coursework at the university before readmission.But University of Arizona Graduate College Dean, Andrew Carnie, says the college is making exceptions for students during the COVID-19 pandemic.“We are being very flexible with students who want to take off the fall,” says Carnie. “Students can take a leave of absence and we are approving leaves of absence retroactively. These are extraordinary circumstances.”Communicating with your college and knowing their COVID-19 plans and policies is key. “Students have to weigh their options and look at what’s going on with their university,” says Kenneth Stephens, director of the Department of Human Services for Florida’s Southeastern University. He notes that while his school has systems in place for students dealing with the COVID-19 crisis, others are still trying to figure it out.Some colleges allow students without a leave of absence to re-enroll after two years off with no hassle. But others, like the University of Miami or East Carolina University, require students to submit an application for readmission and pay a fee after missing only one semester of school.You might have to make student loan paymentsIf you have student loans, taking time off could trigger repayment to begin. Contact your student loan servicer or lender to find out their policy.All federal student loans are in an administrative forbearance through Sept. 30, due to a provision in the federal government’s coronavirus relief package. So until then, you don’t have to worry about your loans gaining interest or going into repayment.But if you plan on missing the school year, you will exhaust that window and payments will begin after your six-month grace period ends. While there is speculation that the forbearance could be extended, nothing has been announced.Federal student loans only get one grace period, so if you use it now you won’t have it available after you graduate, says Mayotte.The coronavirus relief package forbearance doesn’t apply to private student loans. If you decide to stopout due to COVID-19, your private loans might enter the grace period and then head into repayment. And not all private lenders allow academic deferments for students who return to school, so you could be on the hook for loan payments even when you return to full-time student status.You might not find stable workStudents planning to work full time must contend with the highest unemployment rate since the Great Depression. The coronavirus remains a threat, and a second wave could cause more shutdowns, which might make finding and keeping a job even harder.“I’ve had students who mentioned stopping-out, and I told them they should really think about that,” says Sharon Taylor, director of academic advising and professional enhancement at Virginia State University. “The first thing they say is they will work, and I ask them to look at how many people are out of work right now.”Taylor advises students to continue school if they can afford it and says, “It’s better to wait out the pandemic in school than out of school.”If you want to minimize coronavirus-related uncertainties with your school, there are options other than withdrawing completely.Take a half-time schedule: Students can take fewer classes and still maintain some of their financial aid benefits while making progress toward graduation. Not all students are comfortable with online learning. Taking fewer classes will give you more flexibility in case your school shuts down early to go online.Take online classes at a community college: If you need to complete general education requirements, you may be able to do them online at a local community college. That way you can save money on tuition, avoid the unknowns with in-person classes and complete graduation requirements. Before taking community college classes, check with your school to make sure the classes will transfer and that you are in compliance with your school’s dual enrollment policies.Take an official leave of absence: If you decide not to take classes this fall, work with your school to take an official leave of absence. Communicate with your college to let them know why you want to take time off and when you plan to return. Make sure you ask questions about financial aid implications and try to work out exceptions to get more favorable terms with your school and loan servicer. If you have private loans, contact your lender to discuss your leave of absence and ask questions about how it will affect your loan’s status.This article was written by NerdWallet and was originally published by The Associated Press.More From NerdWalletHow to Get Student Loan Relief During the Pandemic and BeyondStill Undecided About College This Fall? Know These Four OptionsWhat Is a Student Loan Grace Period?Cecilia Clark is a writer at NerdWallet. Email: cclark@nerdwallet.com. 6549

As Americans slowly return to work, older workers are finding the current economic situation much harder to navigate than their younger counterparts.Many large companies, including the airlines, are offering early retirement packages. For older workers, those buyouts come with uncertainty for their financial future.“These are tough times, especially for older workers,” said Susan Weinstock with the AARP.Weinstock’s concern is older workers are being forced out of work without enough saved for retirement. According to AARP, half of full-time workers experience job loss after the age of 50. It typically takes them double the time to get back into the work force as it does a younger worker, and even if they find a job, they end up making less money.For those over the age of 50 who have suddenly lost their job because of COVID-19, there's also less time to make up retirement savings that were lost.“We know saving through work is the best way to save for retirement, and when you don’t have that option it makes it a lot harder,” Weinstock said.Weinstock's advice if you're over the age of 50 and out of work is to use this time to upscale or re-scale. She suggests finding an online class. Showing employers that you're a lifelong learner can make you more marketable.“We want to make sure older workers are able to recover from this, along with everybody else in the economy,” Weinstock added.For those working from home, Weinstock recommends taking the money you might have spent on commuting and putting it into your retirement account. 1557
An entire youth football team in Illinois kneeled in protest during the national anthem before their game last weekend.Video of the players from the age 8-and-under Cahokia Quarterback Club football team kneeling during the anthem has gone viral and was met with some backlash online, according to St. Louis's KTVI-TV.Orlando Gooden, the team's coach, told KTVI the protest was the kids' idea and came about when one of them asked him about the protests and riots that have shaken St. Louis in the past week since police officer Jason Stockley was found not guilty in the shooting death of Anthony Lamar Smith. 623
An astrological mystery event that lit up the daytime sky Wednesday over parts of the upper and midwest and southern Canada may have been solved.Scientists say the fireball was likely a rock that had escaped an asteroid belt between Mars and Jupiter a million or more years ago. They think the chunk of rock has been swirling near earth for awhile.“It’s probably been crossing the Earth’s path countless times, until its time was up in 2020,” Robert Lunsford, fireball report coordinator for the American Meteor Society, told Syracuse.com. “The chance of a collision is infinitesimal, but if you do it several million times, it finally happens.”Apparently the time to finally happen was around noon on Wednesday, December 2. Thousands of people reported seeing a bright streak of light lasting a few seconds, and thousands more heard the deafening boom.Reports came in from several states, including Ohio, Michigan, New York, Pennsylvania,Virginia, as well as parts of Toronto, Ontario and southeast Canada, according to the American Meteor Society.It’s not unusual for meteors to enter Earth’s atmosphere or make it to the ground, however this one was rare because it happened in a very populated area.NASA’s analysis of the event shows the meteoroid entered Earth’s atmosphere over upper New York, roughly between Rochester and Syracuse traveling roughly 56,000 mph. Which is slow by meteor standards.It then broke into pieces roughly 22 miles in the air, which produced the bright flash of light and loud sonic boom.NASA estimates the meteor was roughly three feet across and weighed about 1,800 pounds when it entered the atmosphere.NASA reportedly has three meteor-tracking cameras in Ohio and western Pennsylvania that could have precisely tracked this event, but they were off at the time because of the time of day.“Meteor cameras don’t turn on until night because they’re too sensitive to the sun,” explained Bill Cooke, who tracks meteors for NASA. 1966
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