Over a million community college students in 31 states, about 9 percent of total enrollment are denied to borrow for college because of schools opted out of the federal student loan program. Federal student loans are the best option for students who need to borrow to get to and through college. There are 3 notable changes in program participation at state and local level. In Chicago, 7 colleges take part in loan programs and 3 colleges in 2007-08 don’t offer loans. In North Carolina, state legislator requires all 58 community college to offer federal loans by 2011-12, they have the largest share of 57 percent of students without access to loans in the nation.
“I saw what real power was that day,” Swartz recalls. “I didn’t realize how hungry I was for that kind of purpose.” Timberland began shutting down operations one day each year so the company’s thousands of employees could get paid to take part in various company sponsored philanthropic projects, such as building homeless shelters or cleaning up playgrounds. The company started giving employees 40 hours of paid leave annually to volunteer at charities of their choosing. But the emphasis on social responsibility does not come cheap. The all-day event alone costs about $2 million a year in lost sales, project expenses, and wages for employees.
Roosevelt won the election of 1932, with around 20% of the population unemployed. All remaining banks were ordered to close at the end of the fourth wave of banking panics since the United States treasury did not have the funds to pay all government workers. Roosevelt put out a calm and optimistic vibe that strengthened the country’s morale by saying “the only thing we have to fear is fear itself”. Roosevelt announced a four day bank holiday, in which Congress could pass reform legislations and reopen the banks that were determined to
But other minorities other then whites had it worse over 50 percent of African Americans where unemployed and those that did have jobs were normally fired and replaced by white workers. Franklin D. Roosevelt was elected as president in 1933. The plan to fix the great depression was called “The New Deal” in this Roosevelt promosied a new deal to the people it had focused on 3 major goal: relief for for the needy , economic recovery ,and financial reform. On march 5 roosevelt closed all banks saying it was a holiday but really did it so that no withdrawls could be made. He then persuaded congress to use the emergenacy Banking relief.ACT.
The raging fires caused closures of local tourist activities and evacuations which resulted lost revenue. A small business owner in Manitou Springs, Safron Neusaenger, reports that she is down a quarter of what she did year before (Mendoza, 2012). Safron further reports that after eight years of business she has applied for an SBA loan and currently is awaiting approval (Mendoza, 2012). Situations like this are apparent as of 7,500 businesses evacuated during the fire approximately 750 to 1,000 are in dire need of income to stay afloat (Mendoza,
“This has been awful,” she says. “I went to law school to have a solid profession so I wouldn’t wind up in a situation like this.” Bliss CareerBuilder survey of more than 8,000 workers found nearly a fourth saying they may be able to make their retirement money back in a year or two; 73% believe it will take them up to six years of extra work to recoup their lost savings. CareerBuilder’s Jason Ferrara says that while they’ll face the same challenges as their young colleagues, many will be better off, since their knowledge and experience will work to their advantage. Slim comfort to the one in ten who say they’ll never be able to retire. In related news, a Fidelity Investment 8 WFC Resources
Villaraigosa has been talking about budget cuts and such to help the City financially. Last year, he put a stop raises act on employees, then cut hours and eventually days, calling them “furloughs”. In the month of May, 2010, he announced it was possible that employees would take up to three furlough days per pay period. When the people of Los Angeles heard this, they were outraged. How is it possible to take away someones means of supporting their families?
According to collegian.psu.edu California is in serious economic trouble. Recently, California's 1,000 K-12 school districts have been told to take more than $8 billion in budget cuts over the next year, causing the recent issue of layoff notices for over 26,000 teachers and 15,000 bus drivers, janitors, secretaries and administrators. (Transition) Next I’ll speak about how legalizing Marijuana will reduce the crime rate across the country. IV. Main Point 3: Legalizing Marijuana will also reduce the illegal marketing of it on the streets.
We had The Great Depression, a recession in 2001, and now the recession from roughly about 2006-2012. It is said that the recession will continue into 2013, and that a “fiscal cliff” is what we will go off. The world's biggest economy will shrink 1.3pc in the first half of 2013 if a mix of tax increases and spending cuts currently scheduled all come into force at the end of the year.(telegraph.co.uk). Tax cuts introduced by George Bush are planned to end at the end of the year. If we want to end the recession, we need to end it soon before it follows us into year
1/27/12 GS-114 AB State of the Union Reflection Paper On January 24, 2012 the President of the United States of America gave his State of the Union address. The speech was titled “An America Built to Last”, I wanted to hear how he plans on fixing our financial crisis that has left over 10% of Americans out of work. Obama addressed many topics but one that really caught my attention was his plan to bring manufacturing jobs back to the United States. President Obama wants to bring manufacturing jobs back to U.S. and he wants to start by giving companies tax breaks for staying and hiring here. “In the six months before I took office, we lost nearly 4 million jobs.