Business and Finance
President Biden’s Accelerated Student Loan Forgiveness Plan: What You Need to Know
Biden’s accelerated student loan forgiveness plan brings relief to borrowers, sparking controversy.
In an unexpected move, the Biden administration has announced the acceleration of student loan forgiveness, with the new repayment plan, known as SAVE, set to start canceling loans for some borrowers as early as February. Originally slated for July, this acceleration aims to provide faster relief to borrowers, with those who borrowed $12,000 or less for college and have made at least 10 years of payments being eligible.
The new plan, part of President Biden’s effort to alleviate student debt, offers more generous terms than previous income-driven repayment plans. It not only lowers monthly payments for millions of borrowers but also offers loan cancellation in as little as 10 years, compared to the previous 20 or 25 years. This move particularly benefits those who attended community colleges, aiming to put them on a faster track to debt forgiveness.
While this news brings relief to many, it has sparked controversy. Critics argue that it favors wealthier Americans with college degrees and may burden taxpayers who didn’t attend college. Nevertheless, the Education Department is set to automatically wipe away balances for eligible borrowers enrolled in the SAVE plan, aiming to provide much-needed relief.
This accelerated loan forgiveness plan comes in the wake of the Supreme Court striking down Biden’s initial plan for widespread loan forgiveness. However, the administration is continuing to pursue relief for targeted groups of borrowers through new proposals.
As the Biden administration takes steps to address student debt, the impact of these changes will undoubtedly be felt by millions of Americans seeking financial respite from the burden of student loans.
Source: Associated Press, KTAR
To read more about this story, follow the link: https://ktar.com/story/5557150/some-americans-will-get-their-student-loans-canceled-in-february-as-biden-accelerates-his-new-plan/
Discover more from Daily News
Subscribe to get the latest posts sent to your email.
Lifestyle
A college course that’s a history of the future
The course “Science Fiction as Intellectual History” explores how sci-fi reflects cultural thoughts and anxieties, using stories to analyze technology, future predictions, and evolving societal ideas.
Adam Jortner, Auburn University
Uncommon Courses is an occasional series from The Conversation U.S. highlighting unconventional approaches to teaching.
Title of course:
Science Fiction as Intellectual History
What prompted the idea for the course?
For most of its history, science fiction was a disreputable, throwaway genre. But sources of culture and thought aren’t just found in classic literature or in the writings of the great thinkers. They’re also in popular entertainment: movies, comics, pulp magazines, TV.
Big thoughts often come in chunks with labels like “The Future” or “Technology” or “Freedom.” And most ideas about these things are shaped by science fiction.
So in this class, my students explore how the theories of Charles Darwin, for example, are reflected in science fiction like “Jurassic Park,” “The Island of Dr. Moreau,” “X-Men” and “The Wrath of Khan.”
I’m lucky to be the third generation of professors teaching this course at Auburn. It’s an old staple here that I inherited.
What does the course explore?
I usually pick three big plot ideas from sci-fi: alien encounters, time travel and superhuman abilities. Then we trace the development of those ideas, primarily through American fiction.
Students might read H.G. Wells’ “The Time Machine,” which was written in the 1890s and tells the story of the Eloi and Morlocks, post-human races from 800,000 years in the future; C.L. Moore’s secret visitors from the future in the 1953 novella “Vintage Season”; and Steven Spielberg’s 1985 escape to an idealized 1950s in “Back to the Future.”
These works all include mind-bending theories about what time travel might look like. But students also see how each of them tells a different story about the anxieties and obsessions of the times in which they were created.
For example, Wells’ novel is a vision of how thousands of years of Victorian class divisions lead to the evolution of a group of cannibalistic underground humans. In “Back to the Future,” Marty McFly leaves the dingy, broken-down 1980s for a clean and shiny version of the 1950s, one that looks much more promising than 1985. The film taps into the 1980s political and cultural nostalgia for so-called “simpler” times. (Of course, in their version of 1955, Biff and Marty never deal with segregation or Cold War nuclear panic.)
Science fiction offers a kind of film negative of history – a back door into what made people worried or scared rather than what was heroic. Sci-fi captures that fear and anxiety.
Rod Serling’s 1960 “Twilight Zone” episode “The Monsters Are Due on Maple Street” is the story of how neighbors turn on each other when they suspect an alien invasion is taking place. It parallels the American crisis over desegregation and communist subversion.
As Serling concluded, “For the record, prejudices can kill and suspicion can destroy, and a thoughtless, frightened search for a scapegoat has a fallout of its own – for the children, and the children unborn. And the pity of it is that such things cannot be confined to the Twilight Zone.”
Why is this course relevant now?
New technology, along with endless predictions and prophecies about the future, bombard students.
It’s important to take a moment to step back. How is the way we talk about and use technology influenced by the way we’re trained to think about technology and the future? And how much do past visions of the future dictate the choices of the present?
What’s a critical lesson from the course?
Students often think technology has rules and it will follow those rules. But technology doesn’t work like that.
That’s both terrifying and uplifting, because it means that we can still create and imagine our future as we see fit.
What materials does the course feature?
I anchor the course with a series of novels; the list changes, but it always includes “The Time Machine” and Ursula K. Le Guin’s 1971 novel “The Lathe of Heaven.”
Beyond that, I try to pepper in a mix of pulp stories, TV shows, radio dramas, comic books and films. I assign the 1970s avant-garde sci-fi stories of Brian Aldiss and Joanna Russ, and underground literature from the 1980s, such as the graphic novel “Ed the Happy Clown.”
I shape the course like a traditional “great books” course – those that feature the works of intellectual and literary giants – by assigning a different work every week. I just have a different idea about what makes a great book.
We also spend a delightful week examining the economic and cultural history of “so-bad-its-good” B movies and late-night features, where I have them watch an episode of the Canadian sci-fi show “The Starlost,” considered one of the worst shows in television history. Sometimes you have to learn what not to do.
What will the course prepare students to do?
They learn to read and think. They learn that all stories have ideas and philosophies, whether simple or complex, wise or foolish.
I hope they learn to watch for nonsense in public debates about technology and the future – like how some people assume computer modeling for human language is the same thing as language – and keep an eye out for ideologies masquerading as action films.
I hope they learn to love an author they’ve never read before – and learn to appreciate how much reading and stories make life worth living.
Adam Jortner, Goodwin Philpott Eminent Professor of Religion, Auburn University
This article is republished from The Conversation under a Creative Commons license. Read the original article.
Our Lifestyle section on STM Daily News is a hub of inspiration and practical information, offering a range of articles that touch on various aspects of daily life. From tips on family finances to guides for maintaining health and wellness, we strive to empower our readers with knowledge and resources to enhance their lifestyles. Whether you’re seeking outdoor activity ideas, fashion trends, or travel recommendations, our lifestyle section has got you covered. Visit us today at https://stmdailynews.com/category/lifestyle/ and embark on a journey of discovery and self-improvement.
Discover more from Daily News
Subscribe to get the latest posts sent to your email.
Economy
Kroger Exec Admits to Inflating Essential Item Prices
Inflating Essential Pricing
In a tense federal courtroom in downtown Portland, the spotlight was on Kroger executives as they faced sharp scrutiny over allegations of inflating prices on essential staples such as eggs and milk. This courtroom drama unfolded against the backdrop of Kroger’s proposed national merger with supermarket behemoth Albertsons — a move Kroger claims is vital for their competitive edge in the retail market.
Outside, the drama resonated, with Kroger-owned Fred Meyer’s workers, represented by UFCW Local 555, actively striking across Portland. Their signs, a vivid display of protest against unfair labor practices, underscored a deepening divide between corporate profits and workers’ lived realities.
The union drew a connecting line, spotlighting Kroger’s courtroom admission as emblematic of a broader corporate disregard for both consumer and employee welfare. “Kroger’s exposed strategy of upping prices on basics like milk and eggs only intensifies our drive for equitable labor terms,” the statement from UFCW Local 555 forcefully articulated.
Central to the courtroom revelations was an internal company email, wielded by FTC lawyers, authored by Kroger’s senior director for pricing, Andy Groff. The email candidly noted that the retail price upticks on milk and eggs were “significantly higher than cost inflation,” laying bare a strategy to offload elevated costs onto consumers. This disclosure stirred a noticeable reaction among courtroom attendees, piercing the veil typically shrouding corporate decision-making.
Kroger countered, urging the email’s context be considered as isolated rather than reflecting their broader price strategy. “The email in question does not define our company’s enduring commitment to compress margins and competitively price our goods,” defended a Kroger spokesperson, emphasizing ongoing responses to erratic pricing landscapes since 2020 and maintaining that their pricing aligns competitively with industry leaders like Walmart.
Simultaneously, the ongoing strike at Fred Meyer accentuated community solidarity and frustration concerning soaring living costs, linking the in-court disputes to palpable systemic issues. “It’s as if there’s ‘big corporations’ on one end and ‘everyone else’ on the other,” voiced Justin Godoy, echoing a common sentiment among shoppers disillusioned by perceived corporate avarice overshadowing basic needs.
From the corporate side, Fred Meyer linked the strike’s timing to the pivotal merger, framing the union as pivotal in safeguarding the fate of unionized grocery stores across America. “The merger underscores our commitment to the future of unionized grocery stores,” the company declared, steering the conversation towards a favorable merger outcome.
With the strike poised to continue until the following Tuesday disrupting operations across 28 stores, and an impending decision on the Kroger-Albertsons merger, the issues of corporate stewardship, labor rights, and consumer advocacy hung in balance — unresolved yet deeply interwoven. Community backing for the strikers was palpable, and the reverberations from these intertwined disputes were set to resonate well beyond Portland, casting a long shadow over the national conversation around corporate integrity and economic justice.
Further reading, check out these links.
https://www.commondreams.org/news/kroger-egg-prices
STM Daily News is a vibrant news blog dedicated to sharing the brighter side of human experiences. Emphasizing positive, uplifting stories, the site focuses on delivering inspiring, informative, and well-researched content. With a commitment to accurate, fair, and responsible journalism, STM Daily News aims to foster a community of readers passionate about positive change and engaged in meaningful conversations. Join the movement and explore stories that celebrate the positive impacts shaping our world.
https://stmdailynews.com/category/stories-this-moment
Our Lifestyle section on STM Daily News is a hub of inspiration and practical information, offering a range of articles that touch on various aspects of daily life. From tips on family finances to guides for maintaining health and wellness, we strive to empower our readers with knowledge and resources to enhance their lifestyles. Whether you’re seeking outdoor activity ideas, fashion trends, or travel recommendations, our lifestyle section has got you covered. Visit us today at https://stmdailynews.com/category/lifestyle/ and embark on a journey of discovery and self-improvement.
Discover more from Daily News
Subscribe to get the latest posts sent to your email.
Lifestyle
Equip Your Student with a Leading Laptop
Top computing options for a new school year
(Family Features) Preparing your student for a new year of education takes on many forms. From trusting them with heightened responsibilities and finding the right gear for their new hobbies to equipping them with the top tech for a successful school year, the back-to-school season is a critical time.
Simplify your shopping list with trustworthy tech that helps students make the grade with these recommendations from the experts at Qualcomm. Laptop performance is reborn with the Snapdragon X Elite platform, a powerful, intelligent and efficient processor that’s built for AI. With cutting-edge responsiveness, students can navigate demanding multitasking workloads across productivity, creativity and immersive entertainment – while getting up to multiple days of battery life on a single charge.
Find more education solutions at qualcomm.com/snapdragon.
Harness the Capabilities of AI
Level up your productivity and get creative with the Lenovo Yoga Slim 7x, powered by Snapdragon X Elite. With incredible on-device AI performance and speedy Wi-Fi 7 connectivity, the possibilities are endless so you can create on the fly, anywhere you go. It’s not just smart – it’s your creative sidekick that knows what you need before you do. Built for AI, it streamlines your creative tasks with leading on-device intelligence capabilities.
Power Your Productivity
Built to work on the go thanks to its powerful performance and groundbreaking on-device AI travel assistant, the HP OmniBook X AI PC can help you unlock unparalleled productivity. Powered by Snapdragon X Elite and its intelligent, efficient processing capabilities, it features up to 26 hours of battery life to tackle notetaking, homework and beyond. Fuel your creative potential with super-charged performance that’s equipped with Wi-Fi 7 for seamlessly quick connectivity and a collection of AI tools and solutions to keep you running at your best.
Discover an All-New PC Experience
In the classroom and beyond, you can unleash power-packed performance and advanced AI with the Samsung Galaxy Book4 Edge. Powered by the Snapdragon X Elite processor and built for Galaxy AI, the thin and lightweight laptop, which is available with a 14- or 16-inch screen, offers 16 gigabytes of RAM to transform how you create, communicate and play by providing powerful computing, AI performance and power efficiency.
Navigate Complex Workloads with Ease
With cutting-edge responsiveness and unmatched speed for navigating the multitasking required in today’s digital-first age, the Dell XPS 13 – featuring powerful, on-device Copilot+ AI – lets students effortlessly tackle complex workloads. Powered by Snapdragon X Elite and featuring premium audio and Wi-Fi 7 connectivity, the strong, lightweight laptop is crafted with machined aluminum for an elegant, minimalistic design.
Combine Outstanding Performance with Ultimate Flexibility
Effortlessly shift from tablet to sketchbook to multiple monitors – whatever the school day requires – with the Microsoft Surface Pro 11 and its unique detachable kickstand design. A laptop reimagined, this flexible, powerful 2-in-1 provides AI-accelerated power, multi-day battery life and lightning-fast speed via the Snapdragon X Elite processor to keep up with students all day long, no matter where their studies take them.
SOURCE:
Qualcomm
Our Lifestyle section on STM Daily News is a hub of inspiration and practical information, offering a range of articles that touch on various aspects of daily life. From tips on family finances to guides for maintaining health and wellness, we strive to empower our readers with knowledge and resources to enhance their lifestyles. Whether you’re seeking outdoor activity ideas, fashion trends, or travel recommendations, our lifestyle section has got you covered. Visit us today at https://stmdailynews.com/category/lifestyle/ and embark on a journey of discovery and self-improvement.
Discover more from Daily News
Subscribe to get the latest posts sent to your email.
-
Urbanism1 year ago
Signal Hill, California: A Historic Enclave Surrounded by Long Beach
-
News2 years ago
Diana Gregory Talks to us about Diana Gregory’s Outreach Services
-
Senior Pickleball Report2 years ago
ACE PICKLEBALL CLUB TO DEBUT THEIR HIGHLY ANTICIPATED INDOOR PICKLEBALL FRANCHISES IN THE US, IN EARLY 2023
-
Senior Pickleball Report2 years ago
The Absolute Most Comfortable Pickleball Shoe I’ve Ever Worn!
-
STM Blog1 year ago
World Naked Gardening Day: Celebrating Body Acceptance and Nature
-
Automotive2 years ago
2023 Nissan Sentra pricing starts at $19,950
-
Travel2 years ago
Unique Experiences at the CitizenM
-
Senior Pickleball Report2 years ago
“THE PEOPLE’S CHOICE AWARDS OF PICKLEBALL” – VOTING OPEN