•   
  •   
  •   

World Amsterdam to Buy Debts of Young Adults In Order to Help Them Get Jobs and Pursue Higher Education

11:10  18 january  2020
11:10  18 january  2020 Source:   newsweek.com

DeVos and Education Dept. could face new sanctions for violating a court order

  DeVos and Education Dept. could face new sanctions for violating a court order Magistrate Judge Sallie Kim of the U.S. District Court in San Francisco is considering new fines after the Education Department revealed that it pursued scores of additional borrowers for debt collection in violation of her court order.Magistrate Judge Sallie Kim of the U.S. District Court in San Francisco agreed this week to consider a request by former Corinthian Colleges students to increase the $100,000 fine she levied against the department in October. The judge imposed those sanctions and held Education Secretary Betsy DeVos in contempt for pursuing loans owed by 16,000 students from the defunct for-profit chain despite a May 2018 order halting collections.

The city of Amsterdam is taking over the debts of its young adults as part of a drive to liberate people who The young people will have more of the debt cancelled if they successfully engage in training or an educational That is why we are now going to help them so that they can make a new start.”

But education plays a key role in both finding and keeping a job and can open doors to higher -paying, more stimulating and rewarding Many jobs have minimum educational requirements, and without meeting these requirements, you won't get an interview.

In Amsterdam, the capital city of the Netherlands, a new project is expected to be launched in February designed to help young people get out of debt.

Bruges over water with a city in the background: Amsterdam, the capital city of the Netherlands, aims to help its young people gain higher education and get jobs by buying back their debt.© Getty Amsterdam, the capital city of the Netherlands, aims to help its young people gain higher education and get jobs by buying back their debt.

Debts will be bought out by a municipal credit bank, which will then offer recipients a loan which is to be paid back in amounts that are in line with the recipient's income. More of the debt could be canceled or bought out by the bank if the person receiving the loan seeks employment or a course of education.

Creditors will receive a payment of $831 for cooperating with the bank and participating in the program.

Bloomberg says the economy is the way he will take on Trump—and his future VP pick will be responsible for education

  Bloomberg says the economy is the way he will take on Trump—and his future VP pick will be responsible for education Billionaire businessman and former New York City mayor, Michael Bloomberg, launched a campaign for president on Nov. 24. On Wednesday, Bloomberg released information about his "All-In Economy" agenda. The preliminary plan includes a wide range of economic proposals.Since then, Bloomberg, who is estimated to be worth over $57 billion, has spent record-breaking amounts of his personal funds on TV ads. The former mayor's team has previously said he plans to spend over $100 million on his campaign.

Jobs in Amsterdam and The Netherlands (Holland) for professionals and expats seeking employment opportunities with English as the main working language. Choose your preferred tech stack and receive job offers from leading tech companies in Germany and the Netherlands!

Debt management plans through credit counseling agencies typically last four to six years. But, you can take use the lower interest rate and minimum payment they negotiate to pay off your credit cards by sending an extra payment every month.

"Debts cause a lot of stress," alderman Marjolein Moorman told the NL Times. "And in the case of young people, debts often determine their future. The majority of these young people started out with a disadvantage and, due to bad luck or ignorance, found themselves in a situation that they cannot get out of without help. That is why we are now going to help them so that they can make a new start."

According to Amsterdam's statistical office, known as OIS, 34 percent of Amsterdam's residents are currently laboring under debt. Approximately 1.4 people in the Netherlands have accrued student debt.

Young people who are accepted into the debt relief program are expected to create a plan of action with a coach. If they meet the goals set in that plan, the bank will forgive and write off a portion of that debt.

Jason Reynolds named ambassador for young people's literature

  Jason Reynolds named ambassador for young people's literature The bestselling young adult poet and author of "Patina" and "As Brave As You" will be helping promote youth literature, as it relates to literacy, education and the development and betterment of lives. Reynolds is the bestselling and award-winning young adult author and poet whose work includes "Patina" and "As Brave As You" (both published by Simon & Schuster, a division of ViacomCBS).As the ambassador, Reynolds said he plans to focus on children in rural areas and small towns across the country."I can't claim to love children if I only love some of them," he said on "CBS This Morning.

Go to college, get a job , buy a house, raise a family. It may not always be that simple, but it all starts with The benefits of a college education include career opportunities like better paying and higher skilled jobs You’ll need to be not only intelligent but disciplined in order to complete your schooling.

Students also need help finding out which skills they ’ll need to break into certain industries – particularly in sectors that aren’t good at diversifying their recruitment, or when they have no family To help graduates find the right jobs for them , lots of universities are experimenting with new ways to

"Amsterdam believes that every young person deserves a chance for a good future," said a press release from the city of Amsterdam. "Debts should not stand in the way of work and education. Unfortunately, that is often the case now. The aim of this project is to help more young people pay off their debt and at the same time offer them the opportunity to build their future."

While Amsterdam may be famous all over the world for its lax laws concerning drugs and prostitution, the city has begun to tighten its tourism industry. Measures were passed in 2019 to quell the influx of visitors Amsterdam had been experiencing.

Construction of new hotels and shopping destinations has been stopped. Residents who rent lodging to tourists through platforms such as Airbnb can now only do so 30 days out of the year.

"Of course we will still welcome tourists, but Amsterdam is first and foremost a city in which people live and only secondly a tourist destination," Vera Al, spokeswoman for Amsterdam's deputy mayor told Deutsche-Welle. "Many Amsterdam residents now feel like foreigners in their own homes because they don't have neighbors anymore—just changing groups of tourists."

Google launches online coding course to train workers for tech jobs

  Google launches online coding course to train workers for tech jobs The news comes as Silicon Valley faces scrutiny over the implications of the tech industry on the American workforce.The program, called the Google IT Automation With Python Professional Certificate, will be available through the online education service Coursera. It'll be a six-course program in beginner-level Python, which will culminate in a final capstone project focused on programming for automation.

Young adults , on the other hand, thoughtlessly buy into this life philosophy - that college degree is everything and that those who didn’t go to college The job market is becoming more saturated with skilled workers of different concentrations. Not being a skilled worker puts you in a grueling world of

Young People and Benefits. Getting a Higher Education . Should You Pursue Higher Education ? There are a lot of factors to consider when deciding whether you want to continue being a student. Higher education is expensive. You and your family will need to explore options for paying for it.

In 2018, approximately 19 million people visited Amsterdam, many of them visiting the city's famed Red Light District where prostitution is not against the law.

"Amsterdam prides itself, and rightly so, on its wholly liberal and tolerant attitude, embracing the fact that people may be into prostitution, soft drugs and pornography," says an informational website about Amsterdam. "And that it is only human. So instead of criminalizing everything, they enjoy the honesty of it all."

Related Articles

  • Legislators Are Trying to Block Devos' Rule on Student Loan Forgiveness—Here's What You Need to Know
  • Got Holiday Debt? Pay Off Your Credit Cards Quickly with These 5 Tips
  • Bernie Sanders' Policies Explained: Climate Change, Student Loan Debt, Medicare For All Center of 2020 Campaign

Sign up to our newsletter and get Newsweek stories delivered to your e-mail

Facebook promises 1,000 new jobs in London as Brexit looms .
Sheryl Sandberg was in London on Tuesday to speak about Facebook's continued investment in the UK.In a speech to small and medium businesses in the British capital, Facebook COO Sheryl Sandberg praised the strength of the UK's engineering skills and creative advertising. She added that once the company's new office opens in the Kings Cross area of the city next year there will be room to create even more new jobs in the future.

—   Share news in the SOC. Networks

Topical videos:

usr: 8
This is interesting!