The federal government each year gives needy college students billions of dollars they don't have to pay back — $34.5 billion to be exact. More than 9 million students rely on the Pell Grant program. But a new study says much of the money is going to people who never graduate.
Sandy Baum, an expert on student financial aid, has been leading a group in a study of the 48-year-old Pell Grant program. Their report, commissioned by the nonprofit College Board, confirms what many have known for years about grant recipients.
North Korea's next provocative move — the test firing of a medium-range ballistic missile — could happen at any moment, according to South Korean officials.
Bloomberg Businessweek reports that "the possibility of a ballistic missile launch is 'very high' and 'may materialize anytime from now,' South Korean Foreign Minister Yun Byung Se told lawmakers in Seoul today."
Steven Nolder joined the federal public defender's office when it opened in Columbus, Ohio, nearly 18 years ago. Nolder handled his share of noteworthy cases, including the first federal death penalty trial in the district and the indictment of a former NFL quarterback embroiled in a ticket fraud scheme.
Lately, Nolder says, his professional world has turned upside down.
Like almost everything in the Texas, the construction industry in the Lone Star State is big. One in every 13 workers here is employed in the state's $54 billion-per-year construction industry.
Homebuilding and commercial construction may be an economic driver for the state, but it's also an industry riddled with hazards. Years of illegal immigration have pushed wages down, and accidents and wage fraud are common. Of the nearly 1 million workers laboring in construction here, approximately half are undocumented.
It's college touring season, and many parents are on the road with their teenagers, driving from school to school and thinking about the college application — and financial aid — process that looms ahead.
Many baby boomers have already been through this stage with their kids, but because the generation spans about 20 years, others still have kids at home. So how should boomers plan to pay for school when, on average, students graduate from college in the U.S. with $25,000 in debt?
Let us now ponder the exquisite status of Tiger Woods, who has clawed back to the top of the charts thereby to proclaim, with the help of his Nike mouthpiece, that his ragged and raw past few years never really happened because — ta-da –– as his ad says: "Winning takes care of everything."
And yes, indeed, he is No. 1 in the rankings again. And, too, he has a beautiful new girlfriend, although, of course, I will not mention her name here, so as not to be a member of what he calls the "stalkerazzi."