The U.S. government underestimated the cost of the student loan program by billions. A new report from the U.S. Government Accountability Office finds the U.S. Department of Education miscalculated the cost of the federal student loan program. From 1997 to 2021, the Education Department estimated that payments from federal direct student loans would generate $114 billion for the government. But the GAO found that, as of 2021, the program has actually cost the government an estimated $197 billion. A percentage of that shortfall, $102 billion, stems from the unprecedented federal student loan payment pause that began under the CARES Act in 2020. The pause has been extended several times under former President Trump and President Biden. The most recent extension runs through Aug. 31. Read more here. |
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Clarence Thomas drops out of teaching a law class after students protested. Supreme Court Justice Clarence Thomas has told George Washington University that he won't be returning to teach at its law school this fall. The decision followed student protests over the Supreme Court's vote to overturn Roe v. Wade. Thomas told the school he will not be available to give a constitutional law seminar which he was expected to co-teach. He had been teaching the course at the Washington, D.C., law school since 2011. "The students were promptly informed of Justice Thomas' decision by his co-instructor who will continue to offer the seminar this fall," GWU spokesperson Joshua Grossman said Thursday in a statement to NPR. Read more here. — Ayana Archie, Breaking News Reporter |
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Before you go, a social media cleanse… |
From Kim Kardashian and Chrissy Teigen to meme creators and everyday users, many social media consumers seem to be in consensus: Instagram is dying. Or perhaps, it has already died. Instagram has declared itself to no longer be "just a square photo-sharing app." When the company launched Reels, a vertical video product, in August 2020, it was widely viewed as a transparent attempt to catch up with the wild success of TikTok. Multiple celebrities have posted criticisms of the algorithmic changes in the past few days, prompting Mosseri to defend practices like recommendations, which are posts in a user's feed from accounts they do not follow. If you're one of the many who are tired of suggested content and Reels, here's what you can do to clean up your Instagram feed. Read more here. See you next week. |
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