This Fed Official Just Perfectly Described Why Student Loans Are a Terrible Investment – Bloomberg Business

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…

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Sweet Briar College to close because of financial challenges – The Washington Post

Sweet Briar College, in Sweet Briar, Va., in an undated photograph. The all-women’s school plans to close in August. (Photo by Meridith De Avila Khan/Sweet Briar College) This story has been updated. For more than a century, Sweet Briar College has offered women a liberal arts education in a pastoral setting near Virginia’s Blue Ridge…

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Razing Williamsburg — Cuepoint — Medium

Razing Williamsburg Who pulled the plug on America’s hippest music scene? “Peak Brooklyn” is what they’re calling it: the ubiquitous saturation of Kings County-related prose blanketing the internet. Brooklyn has become a touchstone for comparison with places the world over, based on superficial qualities like the presence of busking musicians or so-called “artisanal” retailers. And…

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Chinese restaurant New City Kitchen renews lease stays in business | Long Island City Post

Feb. 27, By Christian Murray Queens Borough President Melinda Katz has been a strong advocate for decking over the Sunnyside Yard for months—despite the cool reception it has received from western Queens leaders. Katz began advocating for developing the yards in September, when she announced that they have the “potential for extraordinary development.” Katz plays…

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Why the Free Streaming Site Popcorn Time Scares Netflix – The Atlantic

The free video-streaming upstart is starting to rival the larger site for traffic in some countries, but it isn’t necessarily doing anything illegal. Popcorn Time In January, Netflix, the online video streaming site, used its quarterly letter to shareholders to take aim at a rival. Not the premium-cable channel HBO, with which it’s locked in…

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Why BuzzFeed is the Most Important News Organization in the World | stratechery by Ben Thompson

Like a great many such things, some of journalism’s most precious ideals were the happy result of geography and economics. That is, in any given geography, the dominant newspaper tended towards a natural monopoly for two reasons: When it came to costs, the ownership of expensive printing presses and distribution channels made entrance difficult for…

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Walking a fine line as a communicator on Reddit – Muck Rack

Social media blogger/designer who loves sharing ideas and making awesome stuff. I write for @SiteProNews @BlogHerald @Socialnomics. Health tweets: @foodierx For the as-yet unacquainted, Reddit is a social media site–of sorts. While not as widely used as Facebook or Twitter, the content sharing site boasts a huge pool of participants who post about and discuss…

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