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As Dollar Strengthens, U.S. Students in Europe Feel the Benefits

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As Dollar Strengthens, U.S. Students in Europe Feel the Benefits

The strengthened greenback sweetened the deal for Callie Colvin, 23, from North Richland Hills, Texas, who in September started a yearlong grasp’s program in trendy historical past on the London College of Economics. Ms. Colvin mentioned that she utilized primarily to U.S. schools, however that she selected the London college partially as a result of the tutoring was about £24,500, or roughly $27,400, about $30,000 lower than what she would have paid at packages she was contemplating in the US.

“After I noticed that quantity, I used to be like, ‘OK, I believed this was going to be this dream, however then it grew to become a actuality,’” Ms. Colvin mentioned. She paid off her tuition in October, profiting from the pound’s precipitous decline towards the greenback.

“As soon as it actually began tanking, within the final month, I used to be like, ‘I have to repay my faculty as quickly as potential,’” Ms. Colvin mentioned of the forex plunge in September that was set off by the ill-fated financial plan of Liz Truss, Britain’s prime minister on the time. Ms. Colvin paid with cash she had saved up from two years of labor as a instructor in Texas and North Carolina.

Though London is pricey, she says she has been stunned by how reasonably priced sure issues are, akin to theater tickets or a scholar membership to Picturehouse Cinemas, a British chain of film theaters.

To make certain, well-liked locations for American college students like London, Paris and Barcelona are nonetheless costly, even for individuals whose spending comes from U.S. financial institution accounts. Rising inflation, which in September hit about 10 % in Britain and within the eurozone, has minimize into spending energy. On the identical time, wages haven’t saved up with the tempo of inflation, exacerbating a price of dwelling disaster.

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However the greenback’s relentless rise continues to bolster the spending energy of People overseas, with one other bounce in worth this week coming after the Federal Reserve’s newest jumbo enhance in rates of interest. Fed officers additionally signaled that charges might rise greater than beforehand anticipated, making the greenback extra enticing to different currencies, whilst central banks in Britain and the eurozone increase charges, too.

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Education

Four Fraternity Members Charged After a Pledge Is Set on Fire

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Four Fraternity Members Charged After a Pledge Is Set on Fire

Four fraternity members at San Diego State University are facing felony charges after a pledge was set on fire during a skit at a party last year, leaving him hospitalized for weeks with third-degree burns, prosecutors said Monday.

The fire happened on Feb. 17, 2024, when the Phi Kappa Psi fraternity held a large party at its house, despite being on probation, court documents show. While under probation, the fraternity was required to “demonstrate exemplary compliance with university policies,” according to the college’s guidelines.

Instead, prosecutors said, the fraternity members planned a skit during which a pledge would be set on fire.

After drinking alcohol in the presence of the fraternity president, Caden Cooper, 22, the three younger men — Christopher Serrano, 20, and Lars Larsen, 19, both pledges, and Lucas Cowling, 20 — then performed the skit, prosecutors said.

Mr. Larsen was set on fire and wounded, prosecutors said, forcing him to spend weeks in the hospital for treatment of third-degree burns covering 16 percent of his body, mostly on his legs.

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The charges against Mr. Cooper, Mr. Cowling and Mr. Serrano include recklessly causing a fire with great bodily injury; conspiracy to commit an act injurious to the public; and violating the social host ordinance. If convicted of all the charges, they would face a sentence of probation up to seven years, two months in prison.

Mr. Larsen himself was charged. The San Diego County District Attorney’s office said that he, as well as Mr. Cooper and Mr. Cowling, also tried to lie to investigators in the case, deleted evidence on social media, and told other fraternity members to destroy evidence and not speak to anyone about what happened at the party.

All four men have pleaded not guilty.

Lawyers representing Mr. Cooper and Mr. Cowling did not immediately respond to messages requesting comment on Tuesday. Contact information for lawyers for Mr. Serrano and Mr. Larsen was not immediately available.

The four students were released on Monday, but the court ordered them not to participate in any fraternity parties, not to participate in any recruitment events for the fraternity, and to obey all laws, including those related to alcohol consumption.

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The university said Tuesday that it would begin its own administrative investigation into the conduct of the students and the fraternity, now that the police investigation was complete.

After it confirmed the details, the dean of students office immediately put the Phi Kappa Psi chapter on interim suspension, which remains in effect, college officials confirmed on Tuesday.

Additional action was taken, but the office said it could not reveal specifics because of student privacy laws.

“The university prioritizes the health and safety of our campus community,” college officials said in a statement, “and has high expectations for how all members of the university community, including students, behave in the interest of individual and community safety and well-being.”

At least half a dozen fraternities at San Diego State University have been put on probation in the last two years, officials said.

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Video: Several Killed in Wisconsin School Shooting, Including Juvenile Suspect

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Video: Several Killed in Wisconsin School Shooting, Including Juvenile Suspect

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Several Killed in Wisconsin School Shooting, Including Juvenile Suspect

The police responded to a shooting at a private Christian school in Madison, Wis., on Monday.

Around 10:57 a.m., our officers were responding to a call of an active shooter at the Abundant Life Christian School here in Madison. When officers arrived, they found multiple victims suffering from gunshot wounds. Officers located a juvenile who they believe was responsible for this deceased in the building. I’m feeling a little dismayed now, so close to Christmas. Every child, every person in that building is a victim and will be a victim forever. These types of trauma don’t just go away.

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Video: Biden Apologizes for U.S. Mistreatment of Native American Children

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Video: Biden Apologizes for U.S. Mistreatment of Native American Children

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Biden Apologizes for U.S. Mistreatment of Native American Children

President Biden offered a formal apology on Friday on behalf of the U.S. government for the abuse of Native American children from the early 1800s to the late 1960s.

The Federal government has never, never formally apologized for what happened until today. I formally apologize. It’s long, long, long overdue. Quite frankly, there’s no excuse that this apology took 50 years to make. I know no apology can or will make up for what was lost during the darkness of the federal boarding school policy. But today, we’re finally moving forward into the light.

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