Hispanics face retirement challenges due to low financial literacy, limited savings, and distrust of financial institutions. Improved education, proactive planning, and investment in diverse assets like real estate and mutual funds can help bridge wealth gaps and ensure financial security.
An Interview with Stephanie Rodriguez, State Secretary of Higher Education
Written by San Diego Community College District
U.S. stocks are reversing course Tuesday morning after sharp losses in the first few minutes of trading, raising hopes of a halt to a global sell-off in the stock market. The early gains follow the market's steepest drop in six and a half years. Major indexes in Asia and Europe tumbled following Monday's 1,150 point drop in the Dow Jones industrial average.
Three college-age friends have launched an online fundraiser designed to help a foster child pursue higher education. Robert Hall, of Elkins, and his friends Katie Hay and Mia Scanlon are working together with the common goal of supporting students in the foster care system. Last year, Hall and Hay raised $4,456.33 to benefit a college scholarship fund that will help a West Virginia foster child.
The Kentucky High School Athletic Association says it has paired up with the state Department of Agriculture to offer six new scholarships for high school athletes who plan to study agriculture. The athletic association said in a statement that the six $1,000 awards will be presented in March to three males and three females who are named as the 2018 Kentucky Ag Athletes of the Year.
The University of Missouri's Kansas City campus is cutting tuition costs for more Kansas students and making it cheaper for students in seven other states. The Board of Curators said yes Thursday to offering in-state tuition rates to all Kansas students. It's an expansion of a program that had benefited students from 11 Kansas counties.
Billionaire philanthropist Denny Sanford is donating $30 million to create college scholarships for students who have faced tough hurdles in their path to becoming successful learners, including those in South Dakota. The money will start an endowment fund with the Horatio Alger Association. The organization provides scholarships to four-year universities across the country. Sanford picked seven South Dakota universities that winners can attend.
Ohio State University has reached its goal of raising $100 million to help needy students earlier than expected. The Columbus Dispatch reports university president Michael Drake announced during a speech Thursday that the institution would meet its fundraising commitment when it gives out an additional $40 million in the 2018-19 school year.
An annual survey indicates that the endowment at the University of Arkansas at Fayetteville has increased to more than 996 million and ranks 101st among U.S. and Canadian institutions. The Arkansas Democrat-Gazette reports that the value of UA's endowment increased on June 30 was up 10.8 percent compared with the $899 million market value a year earlier.
The University of California has delayed a vote on a proposed tuition increase after criticism from Gov. Jerry Brown and impassioned pleas from students who urged the UC governing board to push harder for state funding and not raise the cost of their education for the second consecutive year.
The University of California is proposing to raise tuition at its 10 campuses for the second consecutive year, a move it says will compensate for state funding cuts at a time of record-high enrollment. Many students have vocally opposed the increase saying higher tuition puts too much burden on students already struggling to pay for their educations.
The Press Club of Western Pennsylvania reminds prospective applicants that Feb. 1 is the deadline for the $5,000 Bob Fryer Memorial Scholarship as well as the $2,500 Press Club Scholarship awarded to aspiring journalists. The scholarship will be awarded in May 2018 in Pittsburgh at the annual Golden Quills Awards Dinner sponsored by The Press Club.
A graduate of Suffolk University has pledged a record $10 million to the school for a scholarship fund for students in need from Massachusetts. The gift is the largest single alumni donation in the university's history. Suffolk will name a new classroom building after the donor, Leonard Samia.
