logo
Project Search graduates 10

Project Search graduates 10

Yahoo05-06-2025
EAU CLAIRE, Wis. (WLAX/WEUX) – 10 young adults celebrated a milestone! The interns graduated from the Project Search Program.
Facilitated by the Wisconsin Department of Workforce Development, Project Search gives young adults with disabilities hands-on internship opportunities with community businesses. Graduate Jacobn Johnson explains, 'My 1st rotation is Supply Chain Management. I stocked supply rooms in, like, the surgery center, ED, and also GI. And, I worked with my mentor Jonathon to restock everything in GI after it got flooded by a cut water pipe.'
Mayo Clinic Talent Solutions Specialist Chelsey Steinbrecher added, 'It has been a proven workforce solution for us, truly. It's a grow-your-own, if you think about it, from start to finish of their program. We're building them up, we're training them, and at the end of the program, they're able to work.'
Project Search started in 2008 and has helped over 2000 adults across the state of Wisconsin.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Student Loan Update: Warning Issued Over Trump's New Plan
Student Loan Update: Warning Issued Over Trump's New Plan

Newsweek

time19 hours ago

  • Newsweek

Student Loan Update: Warning Issued Over Trump's New Plan

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. The Institute for College Access and Success (TICAS), a student loan borrower advocacy organization, is warning against a new repayment plan that the Trump administration is introducing within the next few months. The Department of Education (ED), headed by Education Secretary Linda McMahon, has unveiled a new repayment plan option, called Repayment Assistance Plan (RAP), to replace older plans that allowed borrowers to repay based on their specific income and eventually gain student loan forgiveness. Newsweek has reached out to TICAS and the ED for comment via email. Why It Matters RAP was introduced under the "Big Beautiful Bill" that President Donald Trump signed into law last month. Under the new regulations, three other income-driven repayment (IDR) plans: Income-Contingent Repayment (CIR), Pay As You Earn (PAYE), and Saving on a Valuable Education (SAVE) are being phased out by 2028. Enrolling in RAP will be a new option, but student loan borrower advocates warn there could be long term negative consequences to signing up for the plan. What To Know Beginning July 1, 2026, all borrowers who consolidate their student loans through the federal direct loan program will have to choose between RAP and the standard plan, which does not depend on a borrower's income. Under RAP, your monthly payments for each year are determined based on your income, and after a fixed term, you would qualify for student loan forgiveness. However, it differs from other IDR plans because it has higher monthly payments and uses a different formula where the percentage of income that is counted toward your monthly payment increases for every $10,000 in additional income earned by the borrower with a cap of $100,000. Other IDR plans use a fixed repayment formula and factor in inflation. RAP plan enrollees will also be subject to a minimum required monthly payment even if they bring in no income, unlike ICR, PAYE, SAVE and Income-Based Repayment (IBR). Additionally, while the other options factored in all the other people the borrower lived with in their home, RAP only adjusts a $50 monthly payment reduction for a dependent child. RAP also mandates a longer repayment period of 30 years before borrowers can qualify for student loan forgiveness, unlike older plans which allowed for this after 20 or 25 years. The Institute for College Access and Success warned that this new plan means many borrowers will likely find themselves in default on their loans compared to prior options. "The plan departs radically from the core design tenets of all previous income-based repayment plans," TICAS wrote in a recent blog post. "One stark difference is that it removes the 'income protection' that all prior plans have, which is meant to 'protect' a certain amount of a borrower's income so they can stay current on their loan payment while still having enough funds to cover their basic needs." It added: "RAP scraps this approach and instead bases a borrower's payment on their gross income, rather than their discretionary income. Unlike all existing income-based plans—which require monthly payments only once a borrower's income is a certain amount above the federal poverty threshold—RAP will require payments from even those earning far below the poverty level." As the cost-of-living increases, TICAS said RAP will likely "push more borrowers than ever into the nightmarish world of loan default." "All told, the RAP proposal is not much of a safety net," TICAS wrote. "When it's the only thing standing between borrowers and loan default, we can expect many more borrowers to enter the draconian student loan collections system, in which many will be trapped." President Donald Trump listens to questions from reporters in the Oval Office on August 7 in Washington, D.C. President Donald Trump listens to questions from reporters in the Oval Office on August 7 in Washington, People Are Saying Education and Workforce Committee chairman Tim Walberg, a Michigan Republican, said in a previous statement: "The student loan repayment process has become bloated and too complex. The plan simplifies the loan repayment system to help troubled borrowers repay loans without saddling taxpayers with the burden of paying back the loans of wealthy borrowers." Kevin Thompson, the CEO of 9i Capital Group and the host of the 9innings podcast, told Newsweek: "The warning is valid. The setup looks eerily similar to prior plans like IBR and PAYE, but with a few important twists. The structure feels familiar, yet as the saying goes, 'all that glitters isn't gold.'" He continued: "Calling it a debt trap is putting it mildly. This design pushes people to stay in the workforce longer, keeping them tied to repayment well into their lives. From a business perspective, it's a tool to keep labor in the system. On the 'bright' side, more companies are offering loan repayment perks—but those are just retention levers to keep people tied to the company." Alex Beene, a financial literacy instructor for the University of Tennessee at Martin, told Newsweek: "While the new Repayment Assistance Plan beginning next year may appear similar to other recently introduced programs designed to lessen monthly payment amounts for some borrowers, the reality is there are some stark differences that could have negative effects on those carrying substantial student debt. The new plan will still require a monthly payment regardless of whether the borrower has a job or not, differing from plans like SAVE which could lower the amount to $0 if the loan holder is out of work." What Happens Next? Once ICR, PAYE and SAVE are phased out, borrowers will be forced to choose a different repayment plan by July 2028. RAP will likely be more affordable than IBR for many borrowers, despite TICAS's warned risks. "These are the kinds of pro-business policies you get when the people crafting the legislation have a business mindset," Thompson said. "They see people as one thing and one thing only: inputs to the labor force."

Consolidated Edison Second Quarter 2025 Earnings: Beats Expectations
Consolidated Edison Second Quarter 2025 Earnings: Beats Expectations

Yahoo

time2 days ago

  • Yahoo

Consolidated Edison Second Quarter 2025 Earnings: Beats Expectations

Explore Consolidated Edison's Fair Values from the Community and select yours Consolidated Edison (NYSE:ED) Second Quarter 2025 Results Key Financial Results Revenue: US$3.60b (up 12% from 2Q 2024). Net income: US$246.0m (up 22% from 2Q 2024). Profit margin: 6.8% (up from 6.3% in 2Q 2024). The increase in margin was driven by higher revenue. EPS: US$0.68 (up from US$0.58 in 2Q 2024). This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. All figures shown in the chart above are for the trailing 12 month (TTM) period Consolidated Edison Revenues and Earnings Beat Expectations Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) also surpassed analyst estimates by 1.2%. Looking ahead, revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Integrated Utilities industry in the US. Performance of the American Integrated Utilities industry. The company's share price is broadly unchanged from a week ago. Risk Analysis Before we wrap up, we've discovered 2 warning signs for Consolidated Edison (1 is concerning!) that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

Passo Secures Major Expansion with New Development Milestone, Reinforcing Its Role as One of the Leading Affordable Housing Developers in Los Angeles
Passo Secures Major Expansion with New Development Milestone, Reinforcing Its Role as One of the Leading Affordable Housing Developers in Los Angeles

Business Wire

time4 days ago

  • Business Wire

Passo Secures Major Expansion with New Development Milestone, Reinforcing Its Role as One of the Leading Affordable Housing Developers in Los Angeles

LOS ANGELES--(BUSINESS WIRE)--In a bold move that further establishes its position at the forefront of mission-driven development, Passo today announced the off-market acquisition of 11970 Santa Monica Boulevard. The approximately 17,200-square-foot parcel had not traded hands in nearly 50 years. Passo plans to develop a new affordable housing community comprising ~ 162 units, leveraging the Los Angeles ED-1 program. The future building will span nearly 80,000 square feet, delivering much-needed housing in one of West LA's most desirable and supply-constrained neighborhoods. 'This next chapter represents both scale and intentionality,' said Sabin Burrell, Principal at Passo. 'We've thoughtfully built a pipeline across some of Los Angeles's most competitive neighborhoods." Passo has more than 600 affordable housing units in various stages of construction and development. With total development costs exceeding $200 million, this milestone marks a significant acceleration for one of Los Angeles's fastest-growing affordable housing developers. Founded in early 2024, Passo has quickly differentiated itself by deploying capital with uncommon speed, clarity of purpose, and impact. The firm is focused on creating thoughtfully designed, high-quality communities in historically inaccessible locations – those with the greatest economic opportunity. 'This next chapter represents both scale and intentionality,' said Sabin Burrell, Principal at Passo. 'We've thoughtfully built a pipeline across some of Los Angeles's most competitive neighborhoods — not just to build units, but to create pathways to economic opportunity for Angelenos who've long been left behind.' Passo's model has drawn backing from several leading institutional investors and lenders, enabling the firm to execute at an accelerated pace. Its strategy is grounded in the conviction that affordable housing should not require compromising on location, quality, or dignity. 'We are fundamentally rethinking where and how affordable housing is built,' said Simon Aftalion, Principal. 'Too often, affordability dictates isolation — placing people far from jobs, services, and opportunity. Our developments flip that script.' The name Passo, which means 'step,' underscores the company's mission to help residents take the first meaningful step toward long-term economic independence. 'We chose the name intentionally,' said Daniel Glimcher, Principal. 'We see each development not just as housing, but as a foundation from which individuals and families can springboard to economic prosperity. By building in proximity to employment centers and transit, we're offering opportunities for mobility, security, and economic health.' With 8 projects underway and a robust pipeline for the remainder of 2025 and 2026, Passo is setting the standard for the currently underserved Los Angeles affordable housing ecosystem. As the affordability crisis continues to escalate, Passo is proving that scale, speed, and social impact can not only coexist — but thrive.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store