Biden Seeks to Calm Global Financial Jitters on US Debt Impasse

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U.S. President Joe Biden sought to calm global financial market jitters on the looming debt limit weeks before the nation is at risk of defaulting on its financial obligations for the first time in history. Biden met Tuesday afternoon with Republican House Speaker Kevin McCarthy and Senate Minority Leader Mitch McConnell, as well as Democratic House leader Hakeem Jeffries and Senate Majority Leader Chuck Schumer, in a bid to ensure the government can borrow more money to pay for spending it has already incurred. “We’re going to get started and solve all the world’s problems,” Biden said as the Ovalmore

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Biden, Mexican President Discuss Border Security Before End of Title 42

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U.S. President Joe Biden and Mexican President Andres Manuel Lopez Obrador on Tuesday discussed border security measures as they prepare for a potential migrant wave when a key U.S. border policy ends this week, the White House said. The Biden administration and Texas state authorities are sending reinforcements to the U.S.-Mexico border to prepare for a possible increase in immigration when COVID-19 restrictions known as Title 42 end on Thursday. The order, in place since 2020, allows U.S. authorities to quickly expel migrants to Mexico without giving them the chance to seek U.S. asylum. The policy shift is expected tomore

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Will the Biden Administration’s Student Debt Forgiveness Survive?

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Republicans in the U.S. House of Representatives passed legislation that would cancel President Joe Biden’s proposed forgiveness program. Supporters of the plan, which would forgive up to $20,000 for qualified applicants, say it’s crucial to alleviate the massive student debt burden. But opponents claim the program’s $500 billion price tag is excessive, and that it does nothing to rein in costs and will benefit many people who are already well-off. Democrats and Republicans agree the system needs fixing. Who has the solution? Education writer Collin Binkley breaks down the debate for The Associated Press. (April 2023) …

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Are US Colleges Losing Their Appeal to Chinese Students?

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In 2015, roughly half of the Chinese students who planned to study abroad wanted to attend schools in the U.S. By 2022, this percentage had dropped to 30%, signaling a shift within the largest international student body in the U.S. Higher education professionals suggest that gun violence, rising anti-Asian racism, rocky U.S.-China relations and friendlier immigration policies in other countries are some of the reasons Chinese students have been looking for education elsewhere. Han Chen examines the causes and the potential economic and political implications behind this trend for Axios. (May 2023) …

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