Why rich students get more financial aid than poor ones

“Better prepared students, higher graduation rates and a better chance of attracting students who will later give back to the college — that’s the reward system that’s in place,” says Van Der Werf, adding that there’s no similar reward system for helping low-income students.

Liverpool make U-turn on UK virus financial aid

“A range of possible scenarios were considered, including but not restricted to: applying to the Coronavirus Job Retention Scheme which pays 80% of salary and guaranteeing the 20% payment; applying to the Coronavirus Job Retention Scheme with a guarantee to reimburse monies received at a later date and, thirdly, finding an alternative means to cover […]

Colleges suffering huge financial blows from pandemic

Other schools are postponing campus maintenance and asking faculty to cancel future travel, but some say layoffs are unavoidable. At Miami University in Ohio, which is bracing for a 20% drop in new students, officials are drafting plans that would cut half or all of the school’s visiting assistant professors.

UPDATE 1-IMF sees coronavirus-induced global downturn ‘way worse’ than financial crisis

WASHINGTON/GENEVA, April 3 (Reuters) – The coronavirus pandemic has brought the global economy to a standstill and plunged the world into a recession that will be “way worse” than the global financial crisis a decade ago, the head of the International Monetary Fund said on Friday, calling it “humanity’s darkest hour.”

Australia must help Pacific neighbours fight coronavirus, aid groups say

“I think there is a moral imperative that if we really want things to return to normal in Australia, we have to think about how we also make it return to normal within our region and more broadly as quickly as we can.”

UEFA explores financial rule changes due to pandemic impact

“The fact we have a crisis doesn’t mean we should allow any financial contribution just from anyone. … So if (someone) comes along and wants to help a club and with a billion euros that should be to help to reduce the debt levels. That shouldn’t be allowed to get a competitive advantage and then […]

F1 team Mercedes to deliver 10,000 breathing aids to the NHS to help care for coronavirus patients

CPAP machines help to keep patients’ airways open and increase the amount of oxygen entering the lungs by pushing air and oxygen into the mouth and nose at a continuous rate. UK-based Formula One teams are also helping to produce thousands of ventilators desperately needed by the country’s National Health Service.

Revealed: Donald Trump has a ‘small financial interest’ in hydroxychloroquine firm and was lobbied in the Oval Office by Fox News host Laura Ingraham before praising it at White House briefing

Many questions have been raised about another study in France. Some of the 26 people given hydroxychloroquine in that test were not counted in the final results, including three who worsened and were sent to intensive care, one who died a day after later testing negative for the virus and one who stopped treatment because […]

Community Passes The Office on Netflix TV Top 10

It didn’t take long for Community to fans to prove just how popular the cult sitcom continues to be, even years after it went off the air. The NBC (and later Yahoo!) series made its Netflix debut on April 1st and quickly became one of the most popular comedies on the entire streaming service. Now, […]

Washington state lawmakers press Boeing to accept aid

The lawmakers also asked Boeing to provide information on if they expect to apply for the financial assistance provided by the relief package, if they will eliminate layoffs, if they will change cleaning practices and if they will assist suppliers and industry jobs that the company supports.