President Obama On Why College Is Becoming More Expensive: The VICE News Interview

Watch the full roundtable: http://bit.ly/1FwtYT0 The biggest financial issue currently facing young Americans is not the decline of manufacturing jobs or the housing collapse, but mounting student debt. To tackle this issue, VICE hosted a roundtable discussion, moderated by VICE founder Shane Smith, with President Barack Obama and five students who discussed the challenges surrounding student debt and the pursuit of higher education in the US. In this excerpt, President Obama discusses why college is becoming both more important for students as well as increasingly expensive. Watch the full interview: http://bit.ly/1Ft75yv Read “President Obama, VICE, and US Students Talk Student Debt Issues in Roundtable Discussion” – http://bit.ly/1GQmx6c Read “Obama Talks to VICE News About Climate Change, Marijuana Legalization, and the Islamic State” – http://bit.ly/1EkOAYy Watch Season 1 of VICE on HBO: http://bit.ly/VICE-HBO-S1 Watch Season 2 of VICE on HBO: http://bit.ly/VICE-HBO-S2-E1 More from Shane Smith: http://www.vice.com/author/shane-smith Follow Shane on Twitter: https://twitter.com/shanesmith30 Subscribe to VICE News here: http://bit.ly/Subscribe-to-VICE-News Check out VICE News for more: http://vicenews.com Follow VICE News here: Facebook: https://www.facebook.com/vicenews Twitter: https://twitter.com/vicenews Tumblr: http://vicenews.tumblr.com/ Instagram: http://instagram.com/vicenews More videos from the VICE network: https://www.fb.com/vicevideos

From: VICE News

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from Blogger http://evangelinagius.blogspot.com/2015/03/president-obama-on-why-college-is_30.html

Google’s Mobile Algorithm Puts Customers First [#SESMiami]

Google will begin prioritizing mobile-friendly sites because that’s what users have grown to expect, said developer programs tech lead Maile Ohye in her SES Miami keynote speech.

from Blogger http://evangelinagius.blogspot.com/2015/03/googles-mobile-algorithm-puts-customers_30.html

Under Siege in Ramadi from the Islamic State

In early March, while the world was watching Iraqi government forces advance on the Islamic State (IS) in Tikrit, IS was launching a series of assaults on what little remains of the Government-held parts of the provincial capital, Ramadi, which has been under siege for over a year. On the morning of 11 March alone — the first day VICE News spent in Ramadi — nearly two dozen IS car bombs were detonated, killing 10 and injuring 60. In a series of interviews, Iraqi officials told VICE News that they fear Islamic State fighters will overrun what remains of Government-held Ramadi if the US did not intervene with air support. According to police in Ramadi, more than 2,000 officers have been killed since January 2014, when the Islamic State — then known mainly as ISIS or ISIL — first announced its presence in the city. VICE News spent three days in Ramadi documenting civilian life and interviewing Iraqi officials, as the town remains under siege from the Islamic State. Watch “Leading the Fight Against the Islamic State: The Battle for Iraq (Dispatch 10)” – http://bit.ly/1EEnJH7 Watch “The Battle for Iraq: Shia Militias vs. the Islamic State” – http://bit.ly/1EgHqG8 Read “With the Islamic State Closing In on Ramadi, Iraqi Officials Demand Help from the US” – http://bit.ly/1bqrn0j Subscribe to VICE News here: http://bit.ly/Subscribe-to-VICE-News Check out VICE News for more: http://vicenews.com Follow VICE News here: Facebook: https://www.facebook.com/vicenews Twitter: https://twitter.com/vicenews Tumblr: http://vicenews.tumblr.com/ Instagram: http://instagram.com/vicenews More videos from the VICE network: https://www.fb.com/vicevideos

From: VICE News

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from Blogger http://evangelinagius.blogspot.com/2015/03/under-siege-in-ramadi-from-islamic-state.html

VICE News Daily: Tracing Seafood to Slavery

The VICE News Capsule is a news roundup that looks beyond the headlines. Today: Nigeria readies for a tight presidential race, Ukraine’s government sends a stern message to corrupt politicians, an AP investigation links modern-day slaves to America’s seafood market, and China’s new rules for public square-dancing. NIGERIA Preparations Ahead of Saturday’s Election The country closes its borders to keep foreigners out and issues a ban on road traffic during polling hours. UKRAINE A New Take on Reality Television The head of the state emergency services and his deputy were detained during a televised cabinet meeting on Wednesday. FOOD FOR THOUGHT Slavery and the U.S. Seafood Market A year-long investigation by the Associated Press found hundreds of Burmese men are forced to work as fishermen in Indonesia. Some of the seafood caught winds up on American dinner tables. CHINA Government Regulates Public Square-Dancing Some 600 fitness instructors will teach 12 approved routines to millions of Chinese women who dance outdoors to keep fit. Subscribe to VICE News here: http://bit.ly/Subscribe-to-VICE-News Check out VICE News for more: http://vicenews.com Follow VICE News here: Facebook: https://www.facebook.com/vicenews Twitter: https://twitter.com/vicenews Tumblr: http://vicenews.tumblr.com/ Instagram: http://instagram.com/vicenews More videos from the VICE network: https://www.fb.com/vicevideos

From: VICE News

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from Blogger http://evangelinagius.blogspot.com/2015/03/vice-news-daily-tracing-seafood-to_30.html

Sole Proprietors’ Interest Expenditures in Long Term Decline

033015 sole proprietor

Small business owners are paying a lot less to borrow money now than they did three decades ago.

That’s based on analysis of Internal Revenue Service (IRS) data. Per the IRS, the average sole proprietor paid four times as much on interest expense in 1983 as in 2011, when the numbers are measured in inflation-adjusted terms.

Although some of this decline in the amount of interest payments results from a reduction in the size of the average sole proprietorship, spending on interest has also declined as a fraction of sole proprietors’ sales. As the figure below shows, interest expense at sole proprietorships decreased from 2.1 percent of revenues in 1983 to 1.0 percent in 2011, the most recent year data are available.

However, most of this reduction occurred in the 1980s and 1990s. Since 2001, interest expense as a percentage of sales has remained roughly constant.

The decline in interest expense has a few different causes:

  • The first is the fall in interest rates. The Federal Reserve reports that the prime interest rate dropped from 10.8 percent in 1983 to 3.25 percent in 2014.
  • The second is the reduction in the fraction of small businesses borrowing. According to the National Federation of Independent Business’s monthly survey of its members, 38 percent of small businesses borrowed at least once a quarter back in 1986. In 2014, that fraction was down to 31 percent.
  • The third is the decline in average loan size. While data on the dollar value of commercial and industrial loans is not available before the late 1990s, Federal Reserve data reveal that the average commercial and industrial bank loan in 2014 was 43 percent smaller than the average loan in 1997.

One factor that doesn’t seem to be responsible is a shift of small businesses to greater reliance on equity financing. Sole proprietors’ interest expenditures have fallen, even though liabilities as a percentage of proprietors’ equity increased from 30.7 percent in 1980 to 68.8 percent in 2013, Federal Reserve data reveals.

Source: Created from data from the Internal Revenue Service

Source: Created from data from the Internal Revenue Service

Flower Shop Owner Photo via Shutterstock

This article, “Sole Proprietors’ Interest Expenditures in Long Term Decline” was first published on Small Business Trends

from Blogger http://evangelinagius.blogspot.com/2015/03/sole-proprietors-interest-expenditures.html