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Why It’s So Important to Include LGBTQ Education in Schools

In this op-ed, Chancellor of the New York City Department of Education Richard Carranza explains why teaching young people about LGBTQ icons is potentially life-saving. Educators change lives — and save lives — every day. I don’t mean that as a figure of speech. I mean that literally. In the classrooms, in the hallways, and even after hours, the bonds that educators form with students and families can be lifesaving for some of our most vulnerable young people. As chancellor of the largest school district in the country, my mandate goes…

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Education in America: Call for submissions

As the academic year winds down, what are your children experiencing in their schools and communities? What are the persistent problems and challenges? And, what’s working? What are teachers and administrators doing to create positive outcomes? “CBS This Morning” is launching a new series, which will explore the issues facing education in America, including inequality, teacher pay, segregation, technology and beyond. We also want to spotlight innovative solutions and speak to the people working to reform the system. If you are a parent, educator or student, we want to hear…

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Amanda Spielman’s speech at the Wellington Festival of Education

Thank you for that kind introduction. It is an absolute pleasure to be back at Wellington for what I think is my fifth time, and for my second as Chief Inspector. Speaking here last summer was one of the highlights of my first year. That speech was a chance to set out what I want to achieve as Chief Inspector, and just as important, it prompted an enormous amount in the way of feedback, engagement and ideas. If I had any doubts that there is a real enthusiasm and appetite…

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Auxilo Finservice targets ₹50-crore education loans in 3 months

HYDERABAD, DEC 22:   Mumbai-based Auxilo Finservice Private Ltd, a new NBFC on the block, is all set to begin disbursal of education loans. “We are now commencing loan disburals from Hyderabad and Mumbai. Before March 31, 2018, we will expand to Bengaluru, Chennai, Delhi and Pune,’’ Neeraj Saxena, Chief Executive Officer, told newspersons here. Target In the next three months, Auxilo hopes to disburse ₹50 crore and is targeting to lend ₹350 crore by the end of the next financial year. During the financial year 2016-17, eduction loans totalling ₹20,000…

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Education loan defaults soar 47% on weak job market

HIGHLIGHTS A weak job market and wilful default by even those in well-paying jobs have hit the education loan portfolio of state-run banks. Non-performing assets soared by almost 47% between March 2015 and last March, data shared in Parliament showed. The problem is so acute for at least five lenders that the stock of bad loans has more than doubled. NEW DELHI: A weak job market and wilful default by even those in well-paying jobs have hit the education loan portfolio of state-run banks with non-performing assets soaring by almost…

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Rising NPAs in education loan add to banks stress

Education loans too have started bleeding the banking sector with the default in repayment rising to 7.67 per cent of the outstanding amount at March- end, 2017 from 5.7 per cent two years ago. As per the data compiled by the Indian Banks Association (IBA), the total outstanding education loan at end of the fiscal 2016-17 was Rs 67,678.5 crore, of which Rs 5,191.72 crore was NPA. The government is already struggling to deal with the problem of mounting NPA in the public sector banks and has drawn a mega…

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