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Student loan debt has surpassed trillion. It's expensive to go to school, and loans help many afford higher-education but not all that money may be going toward tuition and books.A survey found that one in five college students are using some of their leftover loan money to dip their toes into virtual currencies like Bitcoin.The mere mention of cryptocurrency is enough to make Loyola University Maryland Assistant Accounting Professor JP Krahel cringe.“Oh, oh boy,” said Krahel with the Sellinger School of Business.Even worse, students are buying into it and they're using student loan money to do so.The allowance meant for living expenses is instead being invested into Bitcoin and Ethereum. The Student Loan Report found that's how 21 percent of current college students are using their excess financial aid money.“Given the unregulated market of cryptocurrency, given what we've already seen, proven volatility, and given the fact that student loan debt is something you can't get rid of in bankruptcy, I personally, without getting too hyperbolic here, I would not do that,” Krahel said.A warning from someone who knows money, but even his wisdom is not enough to convince some of his own students.“They'll say, ‘Oh, did you see what bitcoin did yesterday, I made x dollars,’ I'm like, children, come on. Your interest rates and student loans that's what you should be worried about. If you have free money, send it back to Sallie Mae, you know, pay that debt off early because that stuff starts snowballing and paying off debt is a guaranteed return on investment,” said Krahel.And yet it's hard to shake the promise of investing in a market that's produced millionaires from relatively low investments just several years ago.“I don't want to knock cryptocurrencies, they do have a value, but people are getting into it because of that volatility, because you could have a thousand today and ,000 tomorrow,” said Krahel. “So, if you're willing to only see the upside, cryptocurrencies are great but that's not the way life works.”Bitcoin's value has sunk ,000 in the last month and plummeted from its peak in December at nearly ,000.However, with every slump there's also the possibility of a rally. These students could prove their professor wrong or learn a real-life lesson about loss and spending wisely.Krahel said you should be borrowing the least amount of money possible so you have less to pay off in the future.Students are graduating with an average of ,000 in student loan debt. 2541
Students and staffs of schools across the United States walked out of buildings and protested at statehouses in support of victims of gun violence, and seeking legislation aimed at making public spaces safer.The National School Walkout was organized by the Women's March youth branch, called EMPOWER. Walkouts occurred at schools at 10 a.m. Wednesday, March 14 in every time zone.Walkouts took place one month after a mass shooting at Marjory Stoneman Douglas High School in Parkland, Florida that claimed 17 lives. The shooting has further spurred a national conversation on gun control and school safety.See photos of school walkouts across the U.S. 679
TAMPA, Fla. (AP) — In his first trip to Florida at the Democratic presidential nominee, Joe Biden sought to build support among Latinos, who could decide the election in one of the nation's fiercest battleground states. WATCH LIVE:In a roundtable with veterans in Tampa on Tuesday afternoon, Biden tore into President Donald Trump for his reported remarks referring to fallen soldiers as "suckers" and "losers." Later in the day, Biden will hold a Hispanic Heritage Month kickoff event in Kissimmee, near Orlando, as part of an urgent mission to build support among Latinos who could decide the election in one of the nation's fiercest battleground states. 664
The auction house says it didn't know anything about it. The artist famously doesn't like to show his face. The buyer is a mystery. So, for that matter, is the seller.In the case of the "self-destructing Banksy", nothing adds up.The startling stunt at Sotheby's in London has set the art world aflame. The image of a girl reaching out for a red, heart-shaped balloon had just sold, for .4 million.Moments later, a shredder hidden inside the picture frame began to whirr, the canvas slid down, and at least part of it ended up in strips.Sotheby's claimed it had been "Banksy'd."The British street artist, famous for being faceless, is certainly well known for his stunts. In 2006 he secretly erected a life-size replica of a hooded Guantanamo Bay detainee inside a ride in the California Disneyland theme park. In 2013 he set up a stall selling his original artwork for in a New York market and filmed people passing by, convinced that because of the price, the works were fake. 991
Subscription video-on-demand service Hulu announced that beginning Dec. 18, its two Live TV bundles would increase by per month.According to Hulu, Hulu + Live TV will go from .99 to .99, and Hulu (No Ads) + Live TV will spike from .99 to .99.Variety reported that new rates would apply to both current and new subscribers.News of the new rate comes exactly one year after the Disney-controlled company raised its prices last year.According to USA Today, Hulu will be the most expensive of the cable TV streaming alternatives.A few weeks ago, Netflix raised its standard and premium plans for its US subscribers. YouTube TV costs monthly, AT&T starts at , T-Mobile's TVision is , Sling starts at , and Philo is .None of them, however, offer ad-supported versions, USA Today reported.Hulu subscription without Live TV channels is not going up, Hulu's website showed.Hulu operates the most massive live TV streaming service in the US, with more than 4 million subscribers. In comparison, YouTube TV has 3 million subscribers, The Hollywood Reporter reported. 1095