• Education

    Parent PLUS borrowers stealing from their retirement to fund kids’ college education, survey says

    One in four American parents who borrowed from the federal government to help pay for a child’s college education doesn’t expect to retire as planned because of the debt, a survey released Tuesday says. And one in five parent borrowers regret taking out the loans, the NerdWallet survey shows. “Parents take on whatever it takes to get their kids at college, including taking on unaffordable debt,” said Anna Helhoski, student loan expert at NerdWallet, a personal finance website based in San Francisco. Of the total $1.6 trillion in student loan debt, Americans borrowed roughly $103 billion in PLUS loans as of the second quarter of 2021. There are 3.6 million…

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  • Jobs

    VW to cut up to 4,000 jobs via early retirement, sources say

    FILE PHOTO: A Volkswagen logo is seen at a construction completion event of SAIC Volkswagen MEB electric vehicle plant in Shanghai, China November 8, 2019. REUTERS/Aly Song BERLIN (Reuters) – Carmaker Volkswagen plans to cut up to 4,000 jobs at its plants in Germany by offering early or partial retirement to older employees in a move that could cost several hundred million euros, company sources said on Sunday. Volkwagen said in a statement it had agreed a plan with the works council to open partial retirement to those born in 1964, while offering early retirement to those born from 1956 to 1960. Volkswagen said it expected up to 900 workers…

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  • Education

    Leader of Georgia’s higher education system announces retirement

    “It has been a great privilege and honor to serve the citizens of Georgia,” Wrigley said. “During a career in education policy and administration, I have worked with many incredible people and made countless cherished friendships. The mission of the University System of Georgia is essential to our state, the work of its faculty and staff invaluable and the leadership of its presidents and board extraordinary. “I am grateful to my family and members of the Board of Regents for their support and guidance, and I especially appreciate the support and leadership of Governors Kemp and Deal during my time as Chancellor,” Wrigley added. “Thanks to the vision of Georgia…

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  • Science

    Active retirement keeps me involved in science and helps others

    The campus of James Cook University, where Juergen Reichardt spends his retirement as an adjunct professor.Credit: Suzanne Long/Alamy Towards the end of my last academic appointment as the vice chancellor of research and innovation at Yachay Tech University in Ecuador, I wondered what the future would hold for me. I am almost 63 years old, and have seen many of my peers step away from research entirely as they grow older. However, after looking back on my career in research, teaching, administration and engagement, I wanted to cut back on my responsibilities but continue to enjoy science and interacting with colleagues. I have been lucky to have worked around the…

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