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House GOP to Set Student Loan Interest Rates to the Market
zimmytws / Shutterstock.com
WASHINGTON, D.C. -- House Republicans released a bill last week to prevent student loan interest rates from doubling by permanently setting them according to the markets, an idea initially put out by President Obama’s 2014 budget proposal.
The bill, known as the "Smarter Solutions for Students Act," would include all federal loans, except the Perkins loan and cap the rates at 8.5 for Stafford loans and at 10.5 percent for graduate and parent PLUS loans. Currently, l
13 May, 2013
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4 min read
6 Arguments in Favor of the Commercial Use of Drones
"Flying drone in the field"/ Shutterstock.com
The issue of Unmanned Aerial Vehicles (UAVs) -- more commonly known as drones -- has been highly disputed in the last year, not only for their military use abroad, but for their future commercial use in the United States. However, despite the legitimate concerns over the use of drones, here are 6 arguments in favor of the commercial use of drones:
1. Drones can revolutionize so many industries, especially agriculture
Drones can be used commerciall
06 May, 2013
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3 min read
The Logic of the Health Insurance Mandate
When I first read the arguments in favor of an individual health insurance mandate advanced by the conservative Republicans who originated the idea, I must admit that their rationale struck me as containing a certain indisputable logic.
Yes, you read that previous line correctly. The health insurance mandate was not an idea that originated with President Obama, nor was it an idea that that came from some liberal Democratic think tank. In 1989, The Heritage Foundation, a conservative think tan
02 May, 2013
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3 min read
Rand Paul Israel Tour Wraps Up as Ehud Barak Arrives in D.C.
Photo: Rand Paul Facebook Page
Republican congressman Rand Paul visited Israel to meet with Prime Minister Benjamin Netanyahu, expressing his support for the Israeli state but also his reservations on American foreign aid to the Middle Eastern country. The visit is coming to a close just as Israeli Defense Minister Ehud Barak arrives in Washington today.
These political exchanges come during a period of concern for the Israeli government, as President Barack Obama considers former Republican S
16 Jan, 2013
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3 min read
STEM Education Impacting the Achievement Gap and Economy
STEM (Science, Technology, Engineering, Math) has been a growing movement in education. It’s part of the public debate regarding school curriculum and reform. The related fields are also a growing economic force, as STEM job opportunities continue to increase and result in higher salaries. STEM education may be the key to closing achievement gaps for low-income students.
A state-by-state analysis of future STEM demands done by Georgetown University’s Center on Education and the Workforce reveal
15 Jan, 2013
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2 min read
News Flash: the Debt Isn't Sexy
To an American generation born during one of our nation’s greatest economic booms, raised throughout some of our longest wars, and attempting to obtain higher education during one of the toughest recessions, it’s no wonder we, the Millennials, are having a little trouble finding our place in this country. To the older folks (i.e., our parents), yeah sure, we’re the greatest nation on the planet, land of opportunity, home of the brave, etc…But to those of us who've only been gracing the earth the
15 Jan, 2013
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4 min read
America’s Greatest Economic Rival Offers Lessons For US
America’s greatest economic rival in the foreseeable future is the People’s Republic of China (PRC). Since entering the global economy in 1978, China’s economy has an annual growth rate of 10.4 percent while the U.S. economy averages 2.7 percent.
As a result of this growth, economists predict that the gross domestic product (GDP) of China will exceed America’s by 2017. This will crown China as the world’s largest economy before the end of the decade.
Of course, China’s ascension to the world’s
15 Jan, 2013
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7 min read
What Lobbying Costs You
Companies spend billions every year to lobby legislators in Washington, D.C. Those activities often result in government subsidies, or other monetarily beneficial legislation, for a wide range of sectors. Here is a breakdown of how 5 industries got what they wanted and at what costs to them, you, and the government.
by JLMC. Browse more data visualization.
30 Dec, 2012
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1 min read
Infographic: A Breakdown of the Cost of Lobbying
Companies spend billions every year to lobby legislators in Washington, D.C. Those activities often result in government subsidies, or other monetarily beneficial legislation, for a wide range of sectors. Here is a breakdown of how 5 industries got what they wanted an at what costs to them, you, and the government.
by JLMC. Browse more data visualization.
30 Dec, 2012
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1 min read
Biggest Bank Scandals of 2012
2012 was an exciting year for the Securities and Exchange Commission. This year the UK emerged as a hotbed for corrupt bankers following the Libor interest-rate fixing scandal. Goldman Sachs and JP Morgan Chase also threw their hats in the ring with a settlement for the fraudulent sale of mortgage-backed securities, and former Goldman Director Rajat Gupta was sentenced to 2 years in prison for insider trading. This is a brief look at some of the biggest bank scandals of 2012.
Barclays
After be
24 Dec, 2012
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2 min read
