And theres daniel, thank you for being on this show. Celso, tell us first about this Great Program that youve implemented there at evergreen. Celso batalha well, its a Pilot Program, its not institutionalized yet. Its just an attempt that we are trying to outreach to the community that serves our Community College. And we expect that some of these students will be part of our cohort. But the idea is if you look at thehello . Damian yes, keep going, were looking at your video. Celso oh, okay. So, should i start all over or damian no, go ahead, keep going. Celso okay, so if you look at enrollment in american universities, about 5 million of students are immigrants, or sons and daughters of immigrants. And thats where the numbers, about 30 of the population of the students in the university. If you look at california alone, the number jumps to 50 , which means if you go to the College Campus and you bump into two students, one of them will be a son or a daughter of an immigrant, or him or
I felt a bang and go down. We came out and it was shocking to see the big, big hole there. Wow. We never imagined that is what was happening. Check out the cell phone video taken of s. U. V. Pull to safety the family was shaken but recovered and figured out another way to get to the airport to catch the flight home to los angeles. Crews on the scene are say this sinkhole at mission and montgomery was caused by a protecten sewer line and brick sewer main is from 1875. No estimate of when it will be repaired. This will be reopened but it will be closed at least through today. I am glad they are okay. I would have taken bart after that. When you see news where you live, share it with us by posting it on social media abc7now. A period is debt after back to become house fires in san jose, and the firefighter had minor buns and another was treated for heat exhaustion of highway 7. A dog was resolution rescued but a cat died. The firefighters responded to a first at a duplex near the Sunrise
To invest, borrow at negative yield, negative Interest Rates, that is very different i understand your argument but i understand the fear after government that doesnt want to have debttogdp ratio that exceeds 6 . In our government there is no fiscal room for deficit spending program. However, and this is a big however, europe as a whole eurozone as a whole is typified not only by a mountain of great private and public debt, which we do have, but there is another mountain hiding behind this, huge mountain of idle savings with nowhere go and it should be our joint project to energize motivate those idle savings to overcome the great fear that keeps them idle and channel them into protective investments. Not investments into assets but in real productive capacity. How do we do this . We have European Investment bank that could do this. And we have European Central bank embarking on quantitative easing. Why cant they fund a new major deal for europe that channels investment to the private
We could find ways to address that and honestly they werent all my ideas. George walker and barbara and others were involved in developing those ideas, democrats and republicans developing those ideas in virginia. Because i believe there are bigger problems within our system and our system is not unique. I think there are problems in systems all over the country. That is why i pushed the study resolution. This was just an incremental change. We change an important piece of the Mental Health picture but the real work lies ahead. We have to reform the system and our work will be a failure unless we do. We have to use this opportunity of the study resolution to spend four years working very hard, very intensely at the virginia process. We have to see what works and what doesnt and we have to come back with real changes over the next four years. In virginia at least its incremental to change that we passed. Did it go far enough . Well i think we change what we could change this year. Polit
Borrowers on average 110 times per month to convince them to seek more deferments and forbearance and actually didnt do much about the degree or the quality and they just convinced students to push their obligations out further. There are other models out there, which involve more of a risk sharing module. Having higher than average default rates and low Graduation Rates, it would share more of a burden of the outstanding loans rather than just hanging if you dont meet a certain threshold you arent eligible for federal aid. So do you think that the current method by which we charge institutions capabilities, giving students a quality degree, if you think its working and what you think about these other models imax remapped i think that some of the other models are promising, as we have the rest. And we would be ready to run compliance and can put that in terms of our operation. Right now we look at default rates, as you know. As to some extent there is a utilization of forbearance that