Cuomo: Student Loan Industry To Suspend Collections, Late Fees

first_imgMGN Stock ImageALBANY – Gov. Andrew M. Cuomo announced relief for about 300,000 New Yorkers with student loan debt on Tuesday.Cuomo says he reached an agreement with major student loan servicers including Navient, Nelnet, PHEAA, and MOHELA, as well as others, to defer collections and waive late fees.The governor’s office made clear, however, that the agreement would apply to borrowers who contact their private student loan servicer about their financial hardship due to COVID-19.Besides 90 days of deferred monthly payments and waived late fees, the largest loan servicers also agreed not to reporting negative numbers to credit agencies, and to enroll eligible borrowers in long-term assistance programs, where available. This is good news for student loan borrowers not covered by the federal Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, which only applies to those with federally owned loans.The State Department of Financial Services will release guidelines on the state’s agreement with the private loan industry. Visit their website to learn more about available student loan relief. Share:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window)last_img read more

Agrosecurity training

first_imgPreparing for agricultural emergenciesIncidents include natural disasters, he said, which UGA Extensionis more prepared to handle.”The way emergencies are handled is essentially the same whetherit’s a manmade event or something from Mother Nature,” Hamiltonsaid.”Our county extension agents are an essential part of theagrosecurity process,” he said, “because we have a smooth systemfor disseminating information during times of disaster. These newtrainings will further strengthen local communities’ capabilitiesin the event of an incident.”The Georgia Emergency Management Agency, UGA College ofVeterinary Medicine, U.S. Department of Agriculture and GeorgiaDepartment of Natural Resources are collaborating on thetrainings. By Sharon OmahenUniversity of GeorgiaStatewide basic trainings should soon make Georgia agriculturalworkers better prepared for agrosecurity incidents.Using a grant from the U.S. Department of Homeland Security, the University of Georgia Extension Service will provide statewidetraining in basic agrosecurity awareness to more than 3,000people this year.The grant was awarded to the Georgia Department of Agriculture.It’s being directed by the Georgia Agroterrorism Committee of thestate’s Homeland Security Task Force. Learning what to watch out for”Once people complete the training, they’ll know what anagrosecurity incident looks like and what to do if it occurs,”Hamilton said. He believes the training program will helpeveryone from local first-responders to grocery store managersand livestock farmers.”We’ll be educating folks on the value of agriculture in ourstate, and our ultimate aim is to make sure Georgia’s agricultureis safe and secure,” he said. “That’s a full-time job.”Hamilton said agrosecurity incidents can range from a terroristact to someone unknowingly bringing an agricultural disease intothe country.”Agrosecurity incidents aren’t limited to manmade or terroristevents,” he said. “They encompass almost any event in the foodand agriculture arena that would affect human health and theagricultural economy.”center_img Hamilton leading UGA trainingsDon Hamilton, UGA Extension’s homeland security coordinator, willorganize the trainings.”Our goal is to provide basic agrosecurity awareness training topeople in the state who would likely be mobilized in the event ofan agrosecurity incident,” he said.”The Extension Service is in a unique position to provideeducational training, especially on issues of agrosecurity,” hesaid. “(Its) representatives on the front lines of food andagriculture each day serve as expert eyes and ears across thestate.”Hamilton said UGA Extension’s county agents will be trained inMarch. The training will be ready to be offered to the public bythe summer.last_img read more

Georgia wild shrimp

first_imgThe survey says…The study, funded by the Georgia Sea Grant Program, involvedmetropolitan Atlanta-area consumers from the $30,000-or-moreannual income bracket who eat shrimp at least three times a year.”We had to select a target group of consumers that couldafford to purchase shrimp and who actually do purchase them,”said Anna Resurreccion, a UGA food scientist who led the consumerpanel portion of the study. “One-third of our panelists reportedeating shrimp at least once a month.”Half of the panelists choose large shrimp most often; 46percent buy deheaded, shelled and deveined shrimp; and 58 percentprefer to eat fried shrimp.The panel evaluated six shrimp varieties: Georgia white, Gulfbrown, Mexico white, Panama white, India tiger and China tiger.The panel was served each variety as a boiled dish and asked tojudge each on appearance, color, aroma, moistness, flavor andtexture.Georgia white ranked best overall and best in the aromacategory. It was second in appearance and color. Best flavor andtexture went to India tiger shrimp. Mexico white ranked best incolor, appearance and moistness. Consumers willing to payNearly two-thirds of the panelists were willing to pay morefor shrimp that were certified.”Having shrimp certified would serve as a type of guaranteefor consumers,” Resurreccion said. “Consumers see certificationas a vote of confidence, much like the Good Housekeeping seal ofapproval.””The shrimpers can use our study to help market their productand make their industry more profitable,” Resurreccion said.The UGA Marine Extension Service is working closely with theGeorgia Shrimp Association on the marketing effort. Georgia wild-harvested shrimp are now officially known as Wild Georgia Shrimp.”When you control only 15 percent of the market, you don’tcontrol the prices,” said Keith Gates, associate director of theUGA Marine Extension Service in Brunswick, Ga. “Prices forAmerican shrimp are depressed right now. Our shrimpers aregetting less per pound for wild-caught, domestic shrimp than theydid in 1977.”Gates along with Richard Vendetti, a fisheries economist withthe UGA Marine Extension Service, are active in regionalmarketing efforts aimed to help shrimpers along what is called”the South Atlantic bight,” the area off the coast of SouthCarolina, Georgia and north Florida where wild-caught shrimp areharvested.”We’ve developed a quality manual for Wild Georgia Shrimp,”Gates said. “And we’re working to train fishermen how to controlquality during harvest and storage.”Many docks, distributors, restaurants and retailers havesigned on with the Wild Georgia Shrimp program. “Georgiashrimpers are optimistic that finding a market niche for theirproduct will help turn the tide for them,” Vendetti said.Gates says Wild Georgia Shrimp may fit into a high-scale nichemarket as a product for upscale restaurants. “If the product ishandled well, there are no better shrimp than those caught offthe Georgia bite,” he said.For more on the Wild Georgia Shrimp Program see the programWeb site at www.wildgeorgiashrimp.com. By Sharon OmahenUniversity of Georgia Georgia white shrimp rated highest in a University of Georgiaconsumer survey of six shrimp varieties. That’s good news for thestate’s shrimpers.”Georgia fishermen have always thought their shrimp weresweeter,” said Marilyn Erickson, a food scientist with the UGACenter for Food Safety in Griffin, Ga. “But they’re havingtrouble competing with the farm-raised shrimp that are floodingthe market from India, China, Ecuador and Thailand.”Imported, farm-raised shrimp make prices cheaper forconsumers, but they hurt fishermen who harvest shrimp from thewild, she said. About 85 percent of the shrimp eaten in the U.S.is imported.center_img Shinier tailsThe survey uncovered an unusual feature of Georgia whiteshrimp: an iridescent tail.”It became obvious in the fresh shrimp,” Erickson said. “Thefresher the shrimp, the more iridescent the tails appeared. TheGeorgia whites also looked more red-orange when they wereboiled.”The study also included a storage study of fresh versus frozenshrimp.”Fresh, of course, was found to be the best for taste,”Resurreccion said. “But our study revealed that juiciness andsweetness decrease with time of storage. Even when shrimp arestored in ice, these qualities begin to decrease after just threedays.”Overall, Resurreccion says, fresh shrimp are usually best. “Ifyou can’t get truly fresh shrimp, you may actually do betterbuying frozen shrimp,” she said. “And, in Georgia, you can getthe freshest Georgia shrimp.”last_img read more

Trauma Tuesday: Scooter Fails

first_imgRazor scooters seem like just another 90’s memory, but these throwback vehicles are making a comeback across college campuses and city streets alike. This week’s Trauma Tuesday shows you exactly what not to do before getting nostalgic on these babies:last_img

3 mistakes that will tank your credit score

first_img 192SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,John Pettit John Pettit is the Managing Editor for CUInsight.com. John manages the content on the site, including current news, editorial, press releases, jobs and events. He keeps the credit union … Web: www.cuinsight.com Details Your credit history is a big deal. Lenders can see you credit score and use that number to decide what kind of loan you’ll be able to get and what interest rate you’ll have to pay. If your credit score is low, you should find some ways to raise it. If your score is good, here are three mistakes you should avoid if you want to keep it that way.Cosigning a loanYou’re a nice person and you do nice things for people you care about. You should never cosign a loan. EVER. You’ve got to look out for your own personal finances. If the borrower starts missing payments, your credit score will take a hit. The last thing you want to do is have to pay money to keep your credit score up and get absolutely nothing in return.Closing a credit card accountThe first credit card you ever had probably wasn’t a fantastic credit card. You probably got it so you could build credit or in case of emergencies. You may have paid if off and decided to stop using it, but don’t close that account. For one thing, that card has a longer credit history which is good for your credit score. Also, closing the account will lower your amount of credit available which could negatively affect your debt utilization ratio. That’s one action that can damage your credit score in two different ways.Not catching errorsYou should always keep a close eye on your credit score. If you haven’t looked at yours recently, or ever, check out Credit Karma. It’s free and easy-to-use. If you don’t keep an eye on your credit report, you could have your identity stolen and not know it. Even if nothing malicious is happening to you, there could still be inaccuracies. The day you find an error is the day you’ll be super glad you checked.last_img read more

Indonesian Embassy in Seoul suspends operations as COVID-19 cases rise

first_imgThe offices of the Indonesian Embassy and the Indonesian Investment Promotion Center (IIPC) in Seoul were temporarily closed on Friday amid concerns over the coronavirus following reports of a COVID-19 case in nearby Yeouido.The Indonesian Embassy complex and the IIPC office are located within a close radius from Yeouido, Seoul’s main investment and financial district, where an employee of state-run Export-Import Bank of Korea was found to have COVID-19 on Thursday, as reported by The Korea Herald.“The closure is only temporary, and it is to ensure a conducive service amid [the] outbreak of the [coronavirus], which has infected a victim within close radius to the Indonesian Embassy office,” Indonesian Ambassador to South Korea Umar Hadi said in a statement received by The Jakarta Post on Friday.  “This is also in line with [South Korea’s] policy to reduce the number of [people] meeting in the same place at the same time,” he went on to say.Read also: South Korea starts virus checks on 200,000-plus sect membersWith the office closure, public service counters for the handling of visas, passports and consular services in the embassy will be closed temporarily as employees are set to work from home during the closure.Extra safety measures and efforts to disinfect the Indonesian Embassy complex and the IIPC Seoul offices were ongoing, Umar said. The Yeouido case is among the latest to add to the rising number of coronavirus infections in South Korea, where 256 new cases were reported on Friday, bringing the total to 2,022 confirmed cases — the highest in the world outside China, AFP reported.The Indonesian Embassy, in cooperation with the COVID-19 task force, is still working at the Indonesian Embassy Command Post in Seoul and the Aju Command Post near Daegu — the epicenter of the coronavirus outbreak in South Korea — to protect Indonesians living in the East Asian country.In case of emergency, Indonesians are advised to call the Indonesian Embassy Command Post in Seoul at +82-10-5450-2181 or the Aju Command Post at +82-10-3601-9980. (gis)Topics :last_img read more

How brands are driving sales by putting products into the hands of half a million Gen Zs

first_imgGen Z are the most impactful shopping demographic as they pioneer the way for new trends which the rest of us will follow. Students arrive at University as brand new consumers yet to form meaningful brand relationships. Our research tells us there are many products students will be buying for the first time. This is when they make their first and lasting brand choices. So many brands continue to invest money in trying to increase their slice of an existing consumer base. Knowing what makes this generation tick and reaching them before your competitors earns brands early loyalty on which they can build lasting relationships.Why not be one of the brands cost effectively winning huge market share of new consumers as they enter the market?Download the whitepaper here to discover how. The Grocer may use your contact data to keep you informed of its products and services by email. You can withdraw your marketing consent at any time by clicking the unsubscribe link in such email or by sending an email to dataprivacy@wrbm.com. More information on our processing can be found in our Privacy Notice. By submitting this form, you acknowledge that you have read and understand our Privacy Notice. Company: Dig-InFormat: PDFLength: 8 pagesType: White Paperlast_img read more

Pennsylvania is Making Historic Investments in Education

first_imgPennsylvania is Making Historic Investments in Education SHARE Email Facebook Twitter Education,  Press Release Harrisburg, PA – Governor Tom Wolf joined parents, teachers and school administrators today at the Capitol to celebrate historic investments in education during the governor’s tenure. Over the past five years the governor has secured a $1.4 billion increase in education funding from pre-k through college, including nearly $800 million for basic education, $140 million for special education, and $40 million for career and technical education provided by school districts.“Pennsylvania’s children and their future are my top priority,” said Governor Tom Wolf. “Increasing funding for public schools is investing in the lives of our children. Every Pennsylvania child deserves a great education whether they live in a big city, a growing suburb or a small rural town. Strong public schools create a well-educated and skilled workforce that will continue to attract jobs to Pennsylvania and grow the economy for everyone.”The recently enacted state budget includes increases of $160 million for basic education, which will be distributed through a formula created in 2015 to more fairly fund school districts that need it the most. The budget also increases special education by $50 million and career and technical education by $10 million. The governor’s proposal to raise the dropout age to 18 and lower the requirement to start school to age 6 was also enacted.“Governor Wolf has been leading the charge to increase investments in our schools and he deserves our thanks on behalf of every student throughout the state,” said Dr. Richard W. Fry, Big Spring School District Superintendent and Pennsylvania Association of School Administrators President. “The Governor has made a commitment to meet the current needs of our students while tirelessly advocating for processes and programs that move us beyond the devastating cuts undertaken prior to his term in office that negatively affected young learners throughout the Commonwealth.”“I’m proud to stand here today with Gov. Wolf and my fellow education advocates to talk about the great progress we’ve made in funding Pennsylvania’s public schools,” said Rich Askey, president of the Pennsylvania State Education Association. “Thanks to Gov. Wolf’s leadership, public education funding has been a top priority over the past five years. We’ve made great strides in public education funding over that time.”The budget also included the vast majority of the governor’s comprehensive plan to make Pennsylvania’s workforce the best in the nation, such as a $10 million increase to expand the innovative PAsmart initiative to $40 million. PAsmart will provide $20 million in science and technology education, $10 million for career and technology learning and $10 million for job training.“I’m the parent of a child who receives special education services,” said Sally Canazaro, a parent from the South Middleton School District. “Over the years, the state’s share of funding for their education has fallen to 25 percent. That leaves many schools struggling to make sure every child who requires special education gets what they need to thrive, and school districts must find the dollars somewhere else in the budget. The historic $50 million increase in special education funding is critical and I am thankful for Governor Wolf’s leadership.”Rylee Shaffer, a York County School of Technology student added, “As a welding student at the York County School of Technology, I’m so thankful that for the second year in a row, the state budget contains an increase in funding for Career & Technical Education of $10 million. This increase will give more students access to career and technical opportunities and support the purchase of new equipment that will give more students hands-on training for careers that are in demand in their communities. CTE makes students like me career-ready right out of high school – and we need to make sure every interested student in Pennsylvania can have that opportunity.”Moving forward, the governor will continue fighting to increase education funding and for cyber and charter school reform. Pennsylvania must help school districts struggling with the problem of increasing amounts of school funding siphoned by private cyber and charter schools. Funding reform would increase transparency so all schools that receive state dollars are accountable to the taxpayers.center_img July 16, 2019last_img read more

Asset management roundup: €3bn now invested in ‘gender lens’ funds

first_imgNearly $3.3bn (€2.9bn) is invested in funds and strategies designed to make a positive impact on gender equality, according to consultancy group Cambridge Associates.The group said so-called “gender lens” investing formed part of the growing trend towards firms investing in environmental, social and corporate governance (ESG) themes.“Research has shown time and again that diversity of thought and perspective leads to better investment returns, better business strategies and stronger organisations as a whole,” said Deborah Christie, managing director at Cambridge Associates. “That’s why an institutional investor who looks at strategies through a ‘gender lens’ may see excellent opportunities they may have otherwise missed – opportunities to both make an impact that aligns with their mission and to benefit from investment diversification.”Christie authored a report outlining several findings from research into firms actively promoting gender equality. These included: Credit: maggavelThe ‘Fearless Girl’ statue in New YorkSales growth, earnings per share growth and return on assets were all higher in companies where women comprised 50% or more of leadership positions;Start-ups founded by women generated 10% more revenue than male-founded counterparts;The performance of venture capital firms improves as the ratio of investment in women-led businesses increases, despite these businesses receiving less funding;Female investors are less likely to ‘churn’ portfolios, which helps net returns; andThe overall intelligence of a team or company increases when women are included, due to more perspectives and fewer blind spots.In addition, Cambridge’s analysis of 37 female hedge fund managers found that their strategies outperformed a sample of hedge funds over a 10-year period.BlackRock adopts ESG tilt for long-term DGFBlackRock has launched a multi-asset fund aimed at UK institutional investors and targeting long-term growth with a lower volatility than equities.The BlackRock Strategic Growth fund is run by the firm’s diversified strategies team and invests across equities, bonds, listed real estate and infrastructure, and gold. It also takes ESG considerations into account, BlackRock said, with “at least 5%” of the fund committed to ESG “themes”, such as renewable energy.Andrew Stephens, head of the UK institutional business at BlackRock, said changing fund levels, time horizons and scheme demographics had shifted the risk profiles of pension schemes, meaning diversified growth funds had to adapt as well. The fund has an annual charge of 0.25%, and aims to deliver a return of cash plus 4.5% gross of fees over a 5-7 year period.DWS invests in tech firm for MENA pushDWS is to take a 15% stake in Neo Technologies, a financial technology firm, and agreed a “strategic partnership” to use its digital operations platform for its Middle East and North Africa (MENA) businesses.Neo Technologies supplies digital asset management services to firms based in the MENA. Its front, middle and back-office services can be adapted to local languages and regulatory requirements, as well as integrate with external distributors’ systems.Thorsten Michalik, co-head of DWS’ global coverage group, said: “By investing into this platform, we further underline our growth commitment into digitization and technology as communicated in the course of our IPO. Neo Technologies enables DWS to obtain further presence in a region with high growth rates in asset management.”last_img read more

Martha E. Schmid age, 94

first_imgMartha E. Schmid, age 94, of Brookville, Indiana died Friday, November 11, 2016 at her residence.Born December 29, 1921 in Dayton, Kentucky she was the daughter of the late Luther & Barbara (Roark) Hacker. On August 16, 1937 she was united in marriage to Frank R. Schmid, and he preceded her in death in 1988.Martha was retired from Miami University in Oxford, Ohio where she had worked for many years as a custodian. She was a member of the Brookville Road Baptist Church.Survivors include eight daughters, Barbara (James) Nichols of Riley, Ohio, Shirley (Bill) Marr of Okeechobee, Florida, Marilyn Anderson, Frances (Robert) Watson, Carol (William) Roemer, Wanda (Keith) Monroe, Vickie Cooper, all of Brookville, Indiana, Katherine Schmid-McLaughlin of Batesville, Indiana; three sons, James Schmid of Winterhaven, Florida, Richard Schmid of Brookville, Indiana and Michael Schmid of Everton, Indiana; 34 Grandchildren, 41 great-grandchildren, as well as 22 great-great grandchildren.In addition to her parents, and husband, Frank, she was preceded in death by a daughter, Claudia Schmid; a sister Lucy Gulley; and 12 Grandchildren and great-grandchildren.Family & friends may visit from 4 until 7:00 P.M. on Monday, November 14, 2016 at Phillips & Meyers Funeral Home, 1025 Franklin Avenue, Brookville.Funeral Services at will be conducted at 11:00 A.M. on Tuesday, November 15, 2016 at Phillips & Meyers Funeral Home. Burial will then follow in St. Michael’s Catholic Cemetery in Brookville.Memorial contributions may be directed to the Franklin County E.M.S.. Phillips & Meyers Funeral Home is honored to serve the Schmid family, to sign the online guest book or send personal condolences please visit www.phillipsandmeyers.comlast_img read more