Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
William Dudley, president of the Federal Reserve Bank of New York, delivered a speech on Wednesday morning that drove home just how dangerous an investment student loans are for American taxpayers. Speaking at a conference on student loan data, Dudley outlined the consequences of the unique way the U.S. government lends money to people for college. Government student loans…
Timing is everything. And for Joe Moser the timing was bad. He graduated from the University of Iowa’s law school in 2011, one of the worst years to graduate from law school ever. He worked as a bartender in St. Louis, Missouri, while applying for jobs. It took about a year for him to land…
Shot of a reporter ready to conduct an interview on the street | PeopleImages.com via Getty Images Entry Text We’re back with your daily dose of depressing journalism news: unemployment rates are dropping for nearly all college majors, with the notable exception of journalism students.A new study from Georgetown University’s Center on Education and the…
The mental effects of long-term unemployment could make you less confident on the job hunt. (AP Photo/Matt Rourke) Long periods of unemployment drain our bank accounts and weaken the economy. New research suggests extended joblessness could also dampen our personalities. And that can make it harder to find more work. A study published this month in…
Is it better to do something you love, or learn to love whatever job you do? Trick question! It doesn’t even matter: More and more employers want you to exhibit glowing passion for your position, regardless of how you really feel. It’s not hard to understand why there’s a premium on positive energy. Enthusiasm is…
Federal lawmakers eased decades-old U.S. securities regulations in 2012 in the name of eliminating red tape for young startups. But now another breed of business is angling to take advantage of the Jumpstart Our Business Startups Act: publicly traded companies, some of which have been in business for many years. Salon Media Group Inc., a 19-year-old…
A Starbucks barista’s job is more than just serving coffee. She also needs to be polite, even friendly, to the customers. If she does her job correctly, then maybe the customer will walk away feeling like the barista was actually happy to serve him—that it was not only her job, but a genuine pleasure. In…
Ana Redmond launched into a technology career for an exciting challenge and a chance to change the world. She was well-equipped to succeed too: An ambitious math and science wiz, she could code faster, with fewer errors, than anyone she knew. In 2011, after 15 years, she left before achieving a management position. Garann Means…
A lawsuit was filed against Corinthian last year by the Consumer Financial Protection Bureau, which, among other complaints alleges that Corinthian ‘falsely inflated its job placement statistics’. Photograph: Chloe Cushman Nathan Hornes didn’t think he’d still be working in fast food on his 25th birthday. He had a plan: he wanted to be a pop…
$8,000 each month with another $3,000 for housing. Welcome to the life of a Silicon Valley intern. Six-figure salaries. Flexible hours. Luxury housing. Ah, the life of an intern. This past weekend, high school senior Tiffany Zhong, the chief product officer of the app Glimpse and one of the tech industry’s “55 Unknown Rock Stars”…