Leo XIV: The modest missionary in Peru who became the first American pope
VATICAN CITY — Two-and-a-half years ago, Pope Francis was trying to fill a big job. For decades, that position — heading the powerful office that helps vet and select bishops — had gone to consummate Vatican insiders. But Francis had staked his papacy on expanding the boundaries of the Catholic Church. And he had his eye on a surprise contender: an American-born missionary operating in the coastal plains of Peru, some 6,000 miles from Rome.
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Business Insider
9 minutes ago
- Business Insider
Americans are questioning the value of a college degree. Trump is joining the debate.
President Donald Trump wants to tweak a traditionalfeature of the American dream: a college degree. Trump has continued to escalate his battle with Harvard University, threatening to cut off the Ivy League school from federal funding if it does not meet the administration's demands, which include eliminating diversity, equity, and inclusion initiatives and cracking down on campus activism. The latest threat against Harvard, however, floated shifting funding to trade schools, an alternative path to a four-year college degree. "I am considering taking Three Billion Dollars of Grant Money away from a very antisemitic Harvard, and giving it to TRADE SCHOOLS all across our land," Trump wrote in a May 26 post on Truth Social. "What a great investment that would be for the USA, and so badly needed!!!" The White House's press secretary, Karoline Leavitt, added onto the president's comments in an interview with Fox News: "Apprenticeships, electricians, plumbers, we need more of those in our country, and less LGBTQ graduate majors from Harvard University. And that's what this administration's position is." Over the past few years, a growing number of Americans have started to question the value of a college degree due to high costs and a tough labor market, making trade schools and apprenticeships a favorable alternative. It marks a shift in the standard American dream, in which a four-year college degree had been viewed as a step to middle-class success. However, Jon Fansmith, assistant vice president of government relations at the American Council on Education, told Business Insider that taking funding away from Harvard and other research institutions isn't the answer to boosting investment in trade schools. "The money that he is talking about withholding from Harvard is money that Congress provided to research agencies to perform advanced scientific and biomedical research," Fansmith said, adding that Harvard earned grant money because "they had the best researchers, the best laboratory facilities, the best understanding of how to advance that science," he continued. "You can't simply take that money and use it for another purpose." Madi Biedermann, deputy assistant secretary for communications at the Department of Education, told BI that "American universities that are committed to their academic mission, protect students on campus, and follow all federal laws will have no problem accessing generous taxpayer support for their programs." 'Two very separate stories' Higher education doesn't have the same draw that it once did. Some Gen Zers previously told BI that despite being taught that college was the primary path to success, they felt they could make a living by directly entering the workforce or going to trade school. Please help BI improve our Business, Tech, and Innovation coverage by sharing a bit about your role — it will help us tailor content that matters most to people like you. What is your job title? (1 of 2) Entry level position Project manager Management Senior management Executive management Student Self-employed Retired Other Continue By providing this information, you agree that Business Insider may use this data to improve your site experience and for targeted advertising. By continuing you agree that you accept the Terms of Service and Privacy Policy . That's why Trump's push to invest more in trade schools is important, Fansmith said — they help Americans get a stable career to support themselves and their families, and the federal government can help support those schools by asking Congress to approve more funding, not redirecting the funding unilaterally. "There are two stories here. One is this administration's attack on Harvard, and the other is, what is the role of trade schools, and is there a need for more support for trade schools? And as much as the president's trying to conflate the two, those are two very separate stories," Fansmith said. While Trump's big spending bill proposes some provisions to expand Pell grant eligibility to short-term programs, it does not detail a significant funding increase for trade schools. The Trump administration's rhetorical focus on trade schools isn't new. Before he won the 2024 election, Linda McMahon, now Trump's education secretary, wrote an opinion piece in The Hill advocating for the expansion of Pell Grant eligibility to workforce training programs. "Our educational system must offer clear and viable pathways to the American Dream aside from four-year degrees," she wrote. Trump also signed an executive order on April 23 to strengthen and expand workforce development and apprenticeships programs, which McMahon called a "significant step in ensuring every American can live their American Dream." Congress' role in rethinking education For years, Democratic lawmakers have been pushing for greater access to postsecondary education options, like free community college, and there has been bipartisan agreement on the need to boost apprenticeships and workforce programs without redirecting funding from higher education institutions. Amid the heightened focus on alternatives to a four-year college degree, the New York Federal Reserve said in a recent report that college still pays off; the median worker with a college degree earns about $80,000 a year, compared to $47,000 for a worker with just a high school diploma. Trump hasn't yet implemented his idea to redirect Harvard's federal funding to trade schools, and it's unclear how, or if, he will attempt to follow through. While he has already withheld billions of dollars from Harvard and other schools across the country for failing to meet his administration's political demands, the moves have been met with lawsuits, and Fansmith said it's likely more legal action would ensue should Trump attempt to move around funding without congressional approval. "We're talking about spending money that Congress said would go to support really critically needed research into things like cancer and Alzheimer's and diabetes, and other things that impact everyday Americans' lives, and give it to trade schools," Fansmith said. "Trade schools are great schools. They have lots of benefits. They deserve a lot of federal support, but not just to make a political point at the expense of Harvard." Jason Altmire, president and CEO of Career Education Colleges and Universities — a group that represents for-profit colleges — said in a statement that Trump's focus on trade schools "is an investment in America's workforce." "The best way to support trade schools is to reduce the regulatory burden facing private career schools while increasing funding that allows students interested in the trades to choose the highest quality school," Altmire said.
Yahoo
44 minutes ago
- Yahoo
‘I'm afraid to go to my court hearing.' ICE arrests at asylum hearings rattle SF attorney, migrant clients
SAN FRANCISCO (KRON) — A San Francisco immigration attorney is speaking out after U.S. Immigration and Customs Enforcement (ICE) agents detained his client. The attorney says it happened moments after an asylum hearing, and now others fear the same could happen to them. San Jose's undocumented residents 'under attack' by ICE, councilman says Alex Lubarsky has been representing undocumented immigrants for 30 years. But he says, he's never seen anything even close to what's been happening at immigration courts across the country and in the Bay Area. Sergio Enrique Yasila is a gay man from Peru who is seeking asylum in the U.S. He has a hearing on Monday in San Francisco, but he stopped by his immigration attorney's office on Friday to express concerns about the possibility of being detained by ICE at the courthouse. Lubarsky is his lawyer. He says he just witnessed this happening to another client seeking asylum at the San Francisco Immigration Court on Sansom Street on Friday. 'I've never had a client until today that was detained at their court hearing,' says Lubarsky. 'Essentially, he was ambushed today in court.' 'If they return me to my country of Peru, it's likely they would kill me,' says Yasila via a translator. 'We're afraid to go to our court hearings because we understand the government is detaining people now.' 'And I'm afraid to go to my court hearing.' 'He is fearful of the government of this country, and this is the place he came to seek protection and seek a better life,' adds Lubarsky. Lubarsky works at the San Francisco Office for Community Legal Centers. He says the Trump administration's crack down on migrants has them overloaded. 'We have lines at some of our offices that stretch out the door and halfway around the block,' says Lubarksy. 'I've never seen anything quite like it. The phones never stop ringing. It's just sheer pandemonium.' Lubarsky says having ICE agents detain people at courthouses is disrupting the due process his clients deserve. 'My clients arrived to the United States without understanding, and now the rug's been yanked out from beneath them,' claims Lubarsky. Lubarsky says even in these uncertain times, the best thing to do is to fight your case in court. 'I get clients coming in all the time recently saying, 'Should I just not go to court? Should I runaway? Should I hide?' That's really the worst thing you could do,' advises Lubarsky. 'That would result in a removal order. You certainly can't ever win any kind of lawful status if you don't follow through with your case.' Lubarsky says he looked online and called the U.S. Department of Homeland Security, but no record has been posted yet of his hoping to see where he's being detained on Monday, but he and his client's family is in the dark for now. KRON4 reached out to ICE but did not hear back in time for this report. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
San Francisco Chronicle
an hour ago
- San Francisco Chronicle
How the Vatican manages money and where Pope Leo XIV might find more
VATICAN CITY (AP) — The world's smallest country has a big budget problem. The Vatican doesn't tax its residents or issue bonds. It primarily finances the Catholic Church's central government through donations that have been plunging, ticket sales for the Vatican Museums, as well as income from investments and an underperforming real estate portfolio. The last year the Holy See published a consolidated budget, in 2022, it projected 770 million euros ($878 million), with the bulk paying for embassies around the world and Vatican media operations. In recent years, it hasn't been able to cover costs. That leaves Pope Leo XIV facing challenges to drum up the funds needed to pull his city-state out of the red. Withering donations Anyone can donate money to the Vatican, but the regular sources come in two main forms. Canon law requires bishops around the world to pay an annual fee, with amounts varying and at bishops' discretion 'according to the resources of their dioceses.' U.S. bishops contributed over one-third of the $22 million (19.3 million euros) collected annually under the provision from 2021-2023, according to Vatican data. The other main source of annual donations is more well-known to ordinary Catholics: Peter's Pence, a special collection usually taken on the last Sunday of June. From 2021-2023, individual Catholics in the U.S. gave an average $27 million (23.7 million euros) to Peter's Pence, more than half the global total. American generosity hasn't prevented overall Peter's Pence contributions from cratering. After hitting a high of $101 million (88.6 million euros) in 2006, contributions hovered around $75 million (66.8 million euros) during the 2010's then tanked to $47 million (41.2 million euros) during the first year of the COVID-19 pandemic, when many churches were closed. Donations remained low in the following years, amid revelations of the Vatican's bungled investment in a London property, a former Harrod's warehouse that it hoped to develop into luxury apartments. The scandal and ensuing trial confirmed that the vast majority of Peter's Pence contributions had funded the Holy See's budgetary shortfalls, not papal charity initiatives as many parishioners had been led to believe. Peter's Pence donations rose slightly in 2023 and Vatican officials expect more growth going forward, in part because there has traditionally been a bump immediately after papal elections. New donors The Vatican bank and the city state's governorate, which controls the museums, also make annual contributions to the pope. As recently as a decade ago, the bank gave the pope around 55 million euros ($62.7 million) a year to help with the budget. But the amounts have dwindled; the bank gave nothing specifically to the pope in 2023, despite registering a net profit of 30 million euros ($34.2 million), according to its financial statements. The governorate's giving has likewise dropped off. Some Vatican officials ask how the Holy See can credibly ask donors to be more generous when its own institutions are holding back. Leo will need to attract donations from outside the U.S., no small task given the different culture of philanthropy, said the Rev. Robert Gahl, director of the Church Management Program at Catholic University of America's business school. He noted that in Europe there is much less of a tradition (and tax advantage) of individual philanthropy, with corporations and government entities doing most of the donating or allocating designated tax dollars. Even more important is leaving behind the 'mendicant mentality' of fundraising to address a particular problem, and instead encouraging Catholics to invest in the church as a project, he said. Speaking right after Leo's installation ceremony in St. Peter's Square, which drew around 200,000 people, Gahl asked: 'Don't you think there were a lot of people there that would have loved to contribute to that and to the pontificate?' In the U.S., donation baskets are passed around at every Sunday Mass. Not so at the Vatican. Untapped real estate The Vatican has 4,249 properties in Italy and 1,200 more in London, Paris, Geneva and Lausanne, Switzerland. Only about one-fifth are rented at fair market value, according to the annual report from the APSA patrimony office, which manages them. Some 70% generate no income because they house Vatican or other church offices; the remaining 10% are rented at reduced rents to Vatican employees. In 2023, these properties only generated 35 million euros ($39.9 million) in profit. Financial analysts have long identified such undervalued real estate as a source of potential revenue. But Ward Fitzgerald, the president of the U.S.-based Papal Foundation, which finances papal charities, said the Vatican should also be willing to sell properties, especially those too expensive to maintain. Many bishops are wrestling with similar downsizing questions as the number of church-going Catholics in parts of the U.S. and Europe shrinks and once-full churches stand empty. Toward that end, the Vatican recently sold the property housing its embassy in Tokyo's high-end Sanbancho neighborhood, near the Imperial Palace, to a developer building a 13-story apartment complex, according to the Kensetsu News trade journal. Yet there has long been institutional reluctance to part with even money-losing properties. Witness the Vatican announcement in 2021 that the cash-strapped Fatebenefratelli Catholic hospital in Rome, run by a religious order, would not be sold. Pope Francis simultaneously created a Vatican fundraising foundation to keep it and other Catholic hospitals afloat. 'They have to come to grips with the fact that they own so much real estate that is not serving the mission of the church,' said Fitzgerald, who built a career in real estate private equity. ___ AP reporter Mari Yamaguchi in Tokyo contributed. ___
