CNBC

VIRTUAL COMMENCEMENT Isn't Enough. I want a REFUND!

VIRTUAL COMMENCEMENT Isn't Enough. I want a REFUND!

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College students – I'm speaking to YOU! 

Do you feel like your REFUND for your Spring Parking Pass isn’t enough to relieve financial stress?

In an article from CNBC titled: Demand for Refunds Intensifies Among College Students by Jessica Dickler. 

For college students studying at home amid the coronavirus pandemic — like ME — college isn’t what it used to be.

However—it costs just the same! 

While several colleges and universities are offering refunds of fees and room and board, the reimbursement policies vary from school to school — and nearly all of them have drawn the line at tuition

Students from Boston University and Brown University are among the latest group to file class-action lawsuits against the universities asking for repayment for tuition, room and board and other costs due to COVID-19 related campus closures. 

On the other hand – Vanderbilt University addressed students on their website stating the following: 

The faculty effort and resources required to deliver the course work are the same, and in some cases, greater, when they are delivered online as when they are delivered in person. 

Meanwhile – more than 500,000 people signed a MoveOn petition asking Congress to include student loan debt forgiveness for doctors in the next stimulus bill. This bill would cover the health care workers who directly interact with COVID-19 patients risking their lives.

And this shouldn’t be a surprise to ANYONE — college costs are SKYROCKETING!

Tuition and fees plus room and board for a four-year private college averaged $49,870 in the 2019-2020 school year – according to the College Board.

CCS Family — Does the Class of 2020 have a reasonable case in court? Comment below.

Robinhood, eToro, and Raging Bull Trading Report Millennials Are Spending Their Stimulus Check on Online Stocks

Robinhood, eToro, and Raging Bull Trading Report Millennials Are Spending Their Stimulus Check on Online Stocks

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Would you invest your Stimulus into retirement savings or stocks? 

I know Marissa Pitts will be investing in BOTOX! aha 

In an article from CNBC titled: Millennials Are Piling into Stock Trading to Beat the Market. Here’s What You Need to Know by Karen Gilchrist. 

As travel plans this Summer are being canceled – Millennials are jumping into the stock market through online stock trading platforms. 

Investing app Robinhood saw record deposits in the first quarter of 2020 with daily trades up 300%.  Elsewhere – eToro and Raging Bull Trading saw demand surge 220% and 158% respectively. 

Millennials – I understand that everyone is trying to make some extra cash during these tough times – BUT – be smart with how you handle your money! 

Ben Reeves, Chief Investment Officer at Wealthsimple told CNBC Make It:  

“Millennials should be leaving their money into something boring like your retirement fund.” 

Raging Bull Trading founder Jeff Bishop states that Millennials should be trying to establish an amount they want to make each month before investing in stocks.

CCS family – Have YOU ever thought about investing in stocks during the coronavirus? Let us know in the comments below.