Why you might be paying student loans until you retire (and beyond)

first_img 7SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Student debt grew across every age group over the past decade, including borrowers over age 60by: Sophie QuintonRosemary Anderson has a master’s degree, a good job at the University of California (Santa Cruz), and student loans that she could be paying off until she’s 81.Anderson, who is 57, told her complicated story at a recent Senate Aging Committee hearing (she’s previously appeared on the CBS Evening News). She first enrolled in college in her thirties. Over the past two decades, her personal finances have been eroded by illness, divorce, the cost of raising two children, the housing bust, and the economic downturn. She hasn’t been able to afford payments on her loans for nearly eight years.Some 3 percent of U.S. households that are headed by a senior citizen now hold federal student debt, mostly debt they took on to finance their own educations, according to a new report from the Government Accountability Office, an independent agency. “As the baby boomers continue to move into retirement, the number of older Americans with defaulted loans will only continue to increase,” the report warned.Student debt has risen across every age group over the past decade, according to a Federal Reserve Bank of New York analysis of credit report data, charted below. “There are more people attending college, more people taking out loans, and more people taking out a higher dollar amount of loans,” says Matthew Ward, associate director of media relations at the New York Fed. continue reading »last_img read more

K Noble Charters Capesize

first_imgDry bulk shipping specialist Diana Shipping Inc. has through a separate wholly-owned subsidiary entered into a time charter contract with K Noble Hong Kong Ltd., for the 171,810 dwt Capesizee m/v Salt Lake City, for a period of minimum 21 months to maximum 24 months.The daily gross charter rate will be 3.5% above the BCI average of the four pre-determined time charter routes as published by the Baltic Exchange minus a 5% commission paid to third parties. The initial charter payment will be made on delivery of the vessel to the charterers based on the average of the four pre-determined time charter routes for the 15 days preceding the vessel’s delivery date.At the end of the time charter period, there will be a final settlement to reflect the average daily rate of the four pre-determined time charter routes for the actual duration of the charter. The charter is expected to commence during January 2015.Press Releaselast_img read more

High School Hockey Rivals Will Team Up To Fight Cancer Thursday

first_imgThe St. Cloud boys hockey team will team up with the Cathedral Crusaders off the ice on Thursday while doing battle on the ice.The teams will join forces for “Hockey Fights Cancer” night to benefit Cathedral student hockey manager Cade Anderson and Joanna Hacker, the wife of Sartell High School boys hockey coach Ryan Hacker.”We talked to a couple coaches in Sartell and Tom Bruce at Cathedral, and we put together the event with the Activities Director’s and our Blue Line Club,” St. Cloud boys hockey coach Pete Matanich said. Auto (360p) 360p 1080p HD 720p HD About Connatix V56892center_img 1/1 About Connatix V56892 Visit Advertiser website GO TO PAGE Skip The Crusaders will play against St. Cloud on Thursday night at the Herb Brooks National Hockey Center at 8 p.m. The game can also be heard on AM 1390 KXSS.Anderson is a 15 year old Cathedral student who also manages the hockey team while his brother, James, is a junior on the team. He is battling non-Hodgkins lymphoma, while Hacker is battling Hodgkins lymphoma.”Hack is a great guy, and so anything we can do to help out we are happy to do,” St. Cloud coach Matanich said. “It can happen to anybody at any time. “A “Happy-Go-Lucky” KidAnderson joined the Cathedral hockey team as manager last year as a freshman under then first-year coach Derrick Brown.”Cade is the heartbeat of our team,” coach Brown said. ” Anyone who knows Cade knows he’s a happy-go-lucky kid. He came in last year as a freshman, which is tough, especially under a new coach.”Anderson got his diagnosis at the beginning of the hockey season.”A lot of kids are affected by it because Cade is that special,” Brown said. “It’s not only our team, because Cade has friends at Sartell, friends at Apollo, friends at Tech.””He’s just a kid that you want to be around,” Brown said. “For the things that happened to him to happen, it’s just unfortunate.”St. Cloud Sticks TogetherBenefit organizer Cassie Amundson says St. Cloud has a tight-knit hockey community.”We sat back one day and said ‘we have to do something for these families,” Amundson said. “The hockey community is a close-knit community with all the kids growing up playing together.”Amundson has known the Anderson family for a long time, with James and Cade, now at Cathedral, growing up playing hockey with her sons, Brad and Tommy, who are now at Tech High School. They also have daughters who play youth hockey together.”We just decided when Cathedral takes on Tech/Apollo on Thursday, it would be a great time to do something to benefit these two families,” Amundson said.Cathedral Activities Director Emmett Keenan said that he is “overwhelmed” by the support shown for Anderson.”It’s phenomenal, but not surprising, the way the entire (St. Cloud) hockey community supports each other,” Keenan said. “The fact that the St. Cloud team would work so hard to help those associated with both the Sartell and Cathedral teams is overwhelming.”””The hockey community and St. Cloud community have been amazing.   We truly have come together for one cause which is great to see and to teach the kids,” Amundson said.”To see the Cathedral and St. Cloud community rally around him and his family makes me really happy,” Brown said. “I think it’s really helped Cade.”Donations acceptedThere will be a reception at the hockey game, along with raffles to win baskets of items from local businesses. Donations will be accepted at the game on a free-will basis.”The Herb Brooks National Hockey Center was nice enough to allow us to use a room to hold this event,” Amundson said. “We will have some treats for people to hang out and mingle and enjoy some snacks.””We ask for free-will donations, and then we will have a drawing for the baskets that people have donated, too,” Amundson said.All money earned at the event will be split evenly between the Hacker and Anderson families.”Those wanting to help that cannot attend the game can write out a check to the St. Cloud Tech Boys Hockey Booster Club,” Amundson said. “We will cash the check and divide the money between the families that way.”last_img read more

Crowd-seeking Rays come up with win-win-win free ticket plan

first_img Associated Press Television News FOLLOW US LIVE TV COMMENT Last Updated: 20th February, 2020 12:20 IST Crowd-seeking Rays Come Up With Win-win-win Free Ticket Plan The Tampa Bay Rays are offering fans a win-win-win-win proposition. Trying to draw bigger crowds to barren Tropicana Field, the Rays came up with a crowd-pleasing ticket plan Wednesday. Written Bycenter_img First Published: 20th February, 2020 12:20 IST WATCH US LIVE The Tampa Bay Rays are offering fans a win-win-win-win proposition. Trying to draw bigger crowds to barren Tropicana Field, the Rays came up with a crowd-pleasing ticket plan Wednesday.The “Win Pack’’ lets a fan pick any four regular-season Rays game to attend for a total of $99. If the Rays win all four, the fan gets a voucher redeemable for a free ticket to another game.Fans with four straight wins can keep choosing games for free until they either attend a loss or the regular season ends.Despite going 96-66 and making the playoffs last year, the Rays drew an average home crowd of just 14,734 and ranked second lowest in the majors, ahead of only the Miami Marlins. Tampa Bay has made the playoffs five times since 2008 but is consistently at or near the bottom of the majors in attendance. SUBSCRIBE TO USlast_img read more

Edwin Encarnacion injury update: Yankees slugger (oblique) ‘feeling better every day,’ return close

first_imgThe Yankees are on the brink of winning 100 games, and one of the only things as intriguing to watch as their play on the field is their old scroll of injuries.New York fans got a positive update late Monday as slugger Edwin Encarnacion, who has been hampered by an oblique injury, said he’s “feeling better every day.” Brewers star Christian Yelich opens up about season-ending knee injury Lucas Giolito injury update: White Sox pitcher to miss rest of season with lat strain “I’m almost ready,” Encarnacion said at an event (via the New York Post). “I don’t know if I’ll be 100 percent this week, but I think I’m at 80 percent.”center_img The 36-year-old first baseman/DH, who was injured during a doubleheader against the Tigers last Thursday, added he expects to be back in the lineup before the end of the regular season, which concludes in less than two weeks. Related News New York traded for Encarnacion in June when he led the American League in home runs with the Mariners. When healthy, he’s been a key contributor with 13 home runs and 37 RBIs in only 44 games. In 109 games between Seattle and New York, Encarnacion has 34 homers and 86 RBIs.In other injury news for the Yankees, Giancarlo Stanton (knee) is expected back in the lineup during the team’s final homestead after missing all but six games this season.last_img read more

Ecuador’s indigenous Cofán hail court-ordered end to mining on their land

first_imgA court in Ecuador’s Sucumbíos province has ordered that the mining concessions already in operation on territory claimed by the Cofán indigenous people, and those currently in the process of being granted, must be canceled, affecting some 324 square kilometers (125 square miles) in total.The ruling also requires that reparations be made for any impacts caused by recent mining.For the community, the court’s decision is a victory that represents a milestone for the rights of all indigenous communities in Ecuador. In January 2018, the Cofán indigenous people of Sinangoe, Ecuador, discovered several machines mining the Aguarico riverbed near Cayambe Coca National Park. This came as a surprise to them because they’d never been consulted about any mining projects in their territory. They decided to speak out against the violation of their rights to prior consultation as well as the rights of nature and a healthy environment, which are both recognized in the Ecuadoran constitution.After nearly a year of legal struggle to halt the mining and the water pollution that came with it, the provincial court of Sucumbíos ordered that the concessions already in operation and those currently in the process of being granted must be canceled, affecting some 324 square kilometers (125 square miles) in total. With the court’s ruling, mining will not be allowed in any of those areas. Additionally, the decision requires the reparation and/or remediation of the areas already affected by mining. Before any new concession is granted, miners must begin the prior consultation process with the Cofán de Sinangoe community.When members of the Cofán community learned of the verdict in October 2018, they were overjoyed. “Sinangoe is fighting for the well-being of everyone, not only for the A’i Cofán community, but for everyone in Sucumbíos province: for the A’i Cofán, Siona, Secoya, Kichwa, and for other nationalities that are uniting to defend their rivers,” said Mario Criollo, the president of the Cofán community of Sinangoe. “This victory is a great achievement for our children and for future generations. We will continue to watch over our land and fight to have our property titles.”The Cofán community of Sinangoe spent months protesting state entities that granted mining concessions in their territory without the community’s permission. Image by Jerónimo Zuñiga for Amazon Frontlines.Not only was the violation of their right to prior consultation recognized, the court also reaffirmed their rights to water, a healthy environment, and the right of nature. “These themes were included in the community’s initial complaint, but they were not recognized in the court’s first decision,” said María Espinosa, coordinator of the Amazon Frontlines legal program and a lawyer for the Cofán de Sinangoe. “We are pleasantly surprised that this judge has done such an extensive analysis of rights. [This decision] extends its analysis to indicate that other communities and groups are equally affected.”This victory, in Criollo’s words, sets an important standard for the Cofán community and for all the indigenous communities in Ecuador defending their territories from mining. Also in October, Ecuador’s National Water Secretariat (SENAGUA) recognized the Cofánes, Chingual and Aguarico rivers as protected waters, a move that reinforces the court’s decision and represents a step forward in the application of the rights of nature.A nearly year-long legal battleFollowing the discovery of mining activities, the Cofán community requested a protective action with the help of the Ombudsman’s office to halt the mining. In an article published by Mongabay Latam in September 2018,  Nicolas Mainville, the coordinator of the environmental monitoring program at Amazon Frontlines, described how the mining was affecting the area. “In [the Puerto Libre concession], 37 acres [15 hectares] of trees were cut down, over one mile [1.6 kilometers] of road was constructed, and seven different sites were added that included pools and camps,” he said.According to Mainville the levels of pollution in the Aguarico River were not being measured, so it is unknown how much cyanide was used in the mining operations. Members of the Cofán community had requested these measurements many times, arguing that they could see a change in the water color.The Aguarico River has been contaminated by mining activity. Image by Jerónimo Zuñiga for Amazon Frontlines.Halfway through the year, they received good news: in a historic decision on July 27, a judge from the canton of Gonzalo Pizarro, an administrative division in Sucumbíos province, ruled in favor of the Cofán community and the Ombudsman’s office. The judge declared that the community’s right to free and informed prior consultation had been violated, ruling against the Ministry of Mining, the Ministry of Environment, the Mining Regulation and Control Agency (ARCOM), and SENAGUA. The court ordered the immediate suspension of all 20 mining concessions that had already been granted, along with the 32 concessions that were still being processed. This decision affirmed the communities’ claims regarding their right to prior consultation, but not to water, a healthy environment or the rights of nature.However, the decision was immediately appealed by the defendants. At the appeal hearing on Sept. 5, the institutions named as defendants in the case claimed that it had not been necessary to do the prior consultation process because, they said, the mining activity did not take place within Cofán territory, nor did it affect the interests or rights of those in the community.  “There is a clear lack of knowledge and an act of bad faith on the part of the ministries,” Espinosa said at the time.In the midst of these tensions, the three judges hearing the appeal decided to postpone their verdict until after they visited the area to observe the damages and analyze the arguments given by the parties. Uncertainty and anxiety in the Cofán community grew until Oct. 22, when the judges issued the historic ruling in their favor.The Cofán have expressed concern that the Aguarico River’s crystal-clear water may be contaminated with cyanide. Image by Jerónimo Zuñiga for Amazon Frontlines.Consultation or notification?Espinosa spoke to Mongabay Latam about the importance of this case. “This [ruling] confirms that their right to prior consultation was violated. It recognizes that they are the ancestral owners of that land and that decisions affecting them can’t be made without consulting them or knowing their opinions, especially for mining activity,” she said.However, Espinosa pointed out that even if the Cofán community was to be consulted before future mining concessions were granted, there were no guarantees the community’s position would be adhered to since there are no laws in Ecuador regulating the prior consultation process.“The guideline applied by the government for the consultation turns it into a process of simply notifying and informing the communities, but it doesn’t take into account their opinions,” Espinosa said. “Therefore, until a law exists that is created by consulting and agreeing with members of the community, they will not accept nor yield to any consultation processes.”Banner image caption: Members of the Cofán community of Sinangoe walk along the Aguarico River as a backhoe removes land in the background. Image by Jerónimo Zuñiga for Amazon Frontlines.This story first appeared on Mongabay Latam on October 25, 2018. Article published by Willie Shubert Conservation, Forests, Freshwater Fish, Happy-upbeat Environmental, Illegal Mining, Indigenous Peoples, Law Enforcement, Water Pollution center_img Popular in the CommunitySponsoredSponsoredOrangutan found tortured and decapitated prompts Indonesia probeEMGIES17 Jan, 2018We will never know the full extent of what this poor Orangutan went through before he died, the same must be done to this evil perpetrator(s) they don’t deserve the air that they breathe this has truly upset me and I wonder for the future for these wonderful creatures. So called ‘Mankind’ has a lot to answer for we are the only ones ruining this world I prefer animals to humans any day of the week.What makes community ecotourism succeed? In Madagascar, location, location, locationScissors1dOther countries should also learn and try to incorporateWhy you should care about the current wave of mass extinctions (commentary)Processor1 DecAfter all, there is no infinite anything in the whole galaxy!Infinite stupidity, right here on earth.The wildlife trade threatens people and animals alike (commentary)Anchor3dUnfortunately I feel The Chinese have no compassion for any living animal. They are a cruel country that as we knowneatbeverything that moves and do not humanily kill these poor animals and insects. They have no health and safety on their markets and they then contract these diseases. Maybe its karma maybe they should look at the way they live and stop using animals for all there so called remedies. DisgustingConservationists welcome China’s wildlife trade banThobolo27 JanChina has consistently been the worlds worst, “ Face of Evil “ in regards our planets flora and fauna survival. In some ways, this is nature trying to fight back. This ban is great, but the rest of the world just cannot allow it to be temporary, because history has demonstrated that once this coronavirus passes, they will in all likelihood, simply revert to been the planets worst Ecco Terrorists. Let’s simply not allow this to happen! How and why they have been able to degrade this planets iconic species, rape the planets rivers, oceans and forests, with apparent impunity, is just mind boggling! Please no more.Probing rural poachers in Africa: Why do they poach?Carrot3dOne day I feel like animals will be more scarce, and I agree with one of my friends, they said that poaching will take over the world, but I also hope notUpset about Amazon fires last year? Focus on deforestation this year (commentary)Bullhorn4dLies and more leisSponsoredSponsoredCoke is again the biggest culprit behind plastic waste in the PhilippinesGrapes7 NovOnce again the article blames companies for the actions of individuals. It is individuals that buy these products, it is individuals that dispose of them improperly. If we want to change it, we have to change, not just create bad guys to blame.Brazilian response to Bolsonaro policies and Amazon fires growsCar4 SepThank you for this excellent report. I feel overwhelmed by the ecocidal intent of the Bolsonaro government in the name of ‘developing’ their ‘God-given’ resources.U.S. allocates first of $30M in grants for forest conservation in SumatraPlanet4dcarrot hella thick ;)Melting Arctic sea ice may be altering winds, weather at equator: studyleftylarry30 JanThe Arctic sea ice seems to be recovering this winter as per the last 10-12 years, good news.Malaysia has the world’s highest deforestation rate, reveals Google forest mapBone27 Sep, 2018Who you’re trying to fool with selective data revelation?You can’t hide the truth if you show historical deforestation for all countries, especially in Europe from 1800s to this day. WorldBank has a good wholesome data on this.Mass tree planting along India’s Cauvery River has scientists worriedSurendra Nekkanti23 JanHi Mongabay. Good effort trying to be objective in this article. I would like to give a constructive feedback which could help in clearing things up.1. It is mentioned that planting trees in village common lands will have negative affects socially and ecologically. There is no need to even have to agree or disagree with it, because, you also mentioned the fact that Cauvery Calling aims to plant trees only in the private lands of the farmers. So, plantation in the common lands doesn’t come into the picture.2.I don’t see that the ecologists are totally against this project, but just they they have some concerns, mainly in terms of what species of trees will be planted. And because there was no direct communication between the ecologists and Isha Foundation, it was not possible for them to address the concerns. As you seem to have spoken with an Isha spokesperson, if you could connect the concerned parties, it would be great, because I see that the ecologists are genuinely interested in making sure things are done the right way.May we all come together and make things happen.Rare Amazon bush dogs caught on camera in BoliviaCarrot1 Feba very good iniciative to be fallowed by the ranchers all overSponsoredlast_img read more