So, this just happened backstage.
President Obama and David Karp are about to kick off a Q&A on college affordability live from the White House. Tune in at 4 p.m. ET at WhiteHouse.Tumblr.com
Consider it kicked off.
Reblog if you agree: Higher education is the best investment you can make in your future. Let’s make it more affordable.
And at 4 p.m. ET, tune in here on whitehouse.tumblr.com to watch President Obama’s first-ever Tumblr Q&A, answering your questions on education.
What a Trillion Dollars in Student Loan Debt Looks Like
Yesterday, President Obama signed a memorandum allowing federal government borrowers to spend no more than 10% of their income monthly to pay down their debt.
This comes ahead of today’s Tumblr Q&A on education and college affordability with the president at the White House, so we thought we’d take a quick glimpse at the insane growth in student loan debt in the US and offer a few related links for your perusal.
The chart above, from a recent comprehensive study by the NY Federal Reserve, shows the growth in student loan debt by age group.
Big pic, and slice it anyway you want, by now we’ve surpassed 1 trillion dollars in total student loan debt and that is a lot of donuts.
We are curious to hear much more about the president’s plan and, more generally, what he might do to reverse this ominous debt trajectory.
Now here are a few related links to get you up to speed ahead of today’s Q&A in the nation’s capitol:
Tune In Here - Tumblr Goes to the White House (White House Tumblr)
Measuring Student Debt and Its Performance (NY Fed Reserve Bank)
The growth of US student loan debt: causes and consequences (FT Alphaville)
Student Loans Rising (Brookings Institute)
Tune in on Friday, May 9th at 11:30am ET / 8:30am PT for a special Yahoo News live report on the kidnapping crisis in Nigeria hosted by Global Anchor Katie Couric. This live stream will feature New York Times columnist Nicholas Kristof, Nigerian human rights leader Hafsat Abiola and Ramaa Mosley, the mother from California who is the force behind the viral hashtag #BringBackOurGirls.
Papa Murphy’s is all set to go public as early as tomorrow.
For those not aware, Yahoo Finance’s Chris Nichols has the detes:
Papa Murphy’s is about “take and bake” — customers buy at the counter and then handle the baking at home. It doesn’t have any ovens.
While that’s the most obvious differentiator from Domino’s (DPZ), Pizza Hut and most others, the Vancouver, Wash.-based company likely would prefer to focus on another aspect of its food: the “fresh” factor. Papa Murphy’s is so serious about this that its ticker symbol is going to be FRSH.
While the slogan is clever, we’re not convinced of the concept but suppose the proof will be in the pie.
(The above pizza is the Papa Murphy’s Chicago Style Stuffed.)
McDonald’s Corp workers in three U.S. states filed lawsuits this week against the fast-food chain, alleging it is stealing wages by forcing them to work off the clock, by cheating them out of overtime …