Posted Jun 18, 2025 at 6:01 PM EDT
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43 minutes ago
- Yahoo
Emmett Till national monument at risk of removal from Trump's anti-DEI initiatives
Tallahatchie County, Mississippi — There are 138 National Monuments across the U.S., but for the first time in nearly 100 years, they're eligible to be sold for parts. This Juneteenth, some of the protected lands in jeopardy commemorate important moments in American civil rights history, including some newer monuments like the Emmett Till and Mamie Till-Mobley National Monument. "We are seeing this effort to erase and reverse history and historic preservation," said historian Alan Spears, senior director of cultural resources and government affairs for the National Parks Conservation Association. "This is turning quickly into a dream deferred." Spears advocated for years, alongside several community members, to get federal protections for the areas in Mississippi and Chicago that tell the story of Emmett Till — a 14-year-old Chicago boy who was kidnapped in the middle of the night and brutally lynched in 1955 after reportedly whistling at a White woman while visiting family in Mississippi. "His badly decomposed body was taken from the water, and officials in this area wanted to have him buried immediately to sort of get rid of the evidence," Spears explained. "His mother insisted that he'd be sent back to Chicago, where they had an open casket funeral. And images of Till's badly decomposed body in that open casket really sparked the modern civil rights movement." Protections to preserve this history finally came in 2023, when a monument consisting of two sites in Mississippi and one in Illinois, was designated by former President Joe Biden. One site is located at Graball Landing along the Tallahatchie River near Glendora, Mississippi, where Till's body was found. The second is at the Tallahatchie County Courthouse in Sumner, Mississippi, where his confessed killers were found not guilty by an all-White jury. The third is located at Chicago's Roberts Temple Church of God in Christ, where Till's funeral was held. Spears says he and his colleagues have been working to expand the monument, not remove or shrink it. "Let's make sure it doesn't happen to anybody else's son ever again," Spears said. But just as the stroke of a president's pen preserved these areas, it could now take them away. A legal opinion released by the Justice Department earlier this month gives presidents the ability to revoke or shrink certain national monuments for the first time since the 1930s. The opinion comes as part of a movement against diversity, equity and inclusion, with some land reportedly under consideration to be used for mineral extractions. It's not just national monuments that are at risk. Under newly proposed budget cuts for the National Park Service of nearly $1 billion, Spears says more than 300 park sites would be forced to shut down. Those budget cuts could also potentially see the closure of the Emmett Till and Mamie Till-Mobley National Monument, according to Spears and former National Park Service Director Chuck Sams. "It's like amputating an arm for a hangnail. It's a complete overreaction," Spears says. Sams says the agency has lost 13% of its staff already since he left his post earlier this year. Sams was involved in the designation of five different National Monuments signed by Biden, including the Till monument. He says if the monument were to close, it would be "very sad and egregious." "People don't like to look at their past when it shows a negative light of who we are, and I can understand that nobody likes to look at their own personal past that may have a negative light, but we also know that in order to learn from our own history, we also have to learn from our past mistakes,' Sams told CBS News. "And we, as Americans, have never been actually scared to do so, and I don't think we should be now. We look at our past, and we know that from our past mistakes that we have become stronger." Currently, the Chuckwalla National Monument and Sáttítla Highlands National Monument — both located in California — are under consideration for revocation or being sold for parts. The Baaj Nwaavjo I'tāh Kukveni–Ancestral Footprints of the Grand Canyon National Monument is also under consideration reportedly due to its uranium supply. Judy Cummings is touring America's national monuments this summer with her daughter and granddaughter. They drove from Wisconsin to see the Emmett Till and Mamie Till-Mobley National Monument sites in North Mississippi. Asked about the potential for sites like this to close, Cummings said, "it makes me want to weep and it makes me furious at the same time." When asked about the potential removal of national monuments, White House spokesperson Anne Kelly told CBS News in a statement, "Under President Trump's leadership, Secretary Burgum is keeping our parks ready for peak season, ensuring they are in pristine condition for visitors, and restoring truth and sanity to depictions of American history in line with the President's Executive Order. The President is simultaneously following through on his promise to 'Drill, Baby, Drill' and restore American energy dominance." And in a separate statement provided to to CBS News, the Department of Interior said: "Under President Trump's leadership, we're advancing strategic reforms to maximize resources and improve park operations. These efforts will make our parks more efficient, better maintained, and more enjoyable for the American people, while keeping conservation efforts strong and effective. By modernizing how we manage assets and facilities, we're ensuring our parks can serve future generations even better." "You can't just do away with more than two-thirds of the National Park System because it makes sense from a government efficiency standpoint," Spears said. "That's not what we want." According to a recent study, about half of the current National Parks first began as National Monuments, including the iconic Grand Canyon. According to Spears, every $1 invested in a National Park site returns about $15 to the communities that it is located in. "That's an enormous, enormous return on investment," Spears said. It is also an investment in the visitors too. "I don't really have words," said Nicole Cummings, Judy's daughter. "I just kind of get goosebumps and it's just really powerful." 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Yahoo
an hour ago
- Yahoo
As federal funding cuts hit Harvard, a private investment firm and other donors step up
At a time when Harvard University is experiencing deep cuts to its federal funding and looking for alternative avenues for money, Turkish investment firm, İş Private Equity, committed $39 million over 10 years to support a Harvard faculty member's lab, according to the university. The investment, through the private equity firm's biotech startup, is aimed at Harvard T.H. Chan School of Public Health faculty member Gökhan Hotamışlıgil's work, aiming to create potential therapies for obesity and other metabolic diseases. Read more: Federal judge delays decision over Trump admin barring Harvard foreign students The privately sourced funding could be a highly pursued avenue for the institution, as the federal government strips nearly $3 billion of its federal dollars and additional contracts in the name of addressing antisemitism. 'Harvard Chan School has long welcomed industry collaborations and research sponsorship, with strong guardrails to prevent conflicts of interest,' Andrea Baccarelli, Dean of the Faculty at Harvard Chan School, wrote in a letter to the community last week. Initial funding of Hotamışlıgil's more than 20 years of work came from the National Institutes of Health. It helped uncover new insights about the metabolic system and identified a protein that plays a critical role in obesity and age-related disorders, according to the university. The lab didn't have any current federal grants canceled at the time of the investment firm's announcement, a university spokesperson said. Harvard has also been dealing with a wave of federal research grant terminations and was barred from acquiring new federal grants. While a federal judge on Monday ordered that the Trump administration restore 367 National Institutes of Health grants, it doesn't apply to a broad swath of grants, including the large numbers at Harvard. The Harvard Chan School announced in April that it was facing a 'significant budget crisis' resulting in layoffs and the non-renewal of two building leases. Since then, every one of the school's direct federal grants have been terminated and the school has even taken to social media to ask for donations. Federal funding makes up 46% of Harvard Chan School's budget. At the same time as the investment firm is putting money into Harvard, others have been pitching in as well. Donors have contributed more than $3.5 million in recent weeks and alumni and members of the public have raised $350,000 for Harvard Chan School, according to a letter from Dean Baccarelli. 'Each contribution is a vote of confidence in our mission, our people and our future,' she said. The school also created a new Dean's Leadership Fund for existing donors to support. 'Harvard Chan School will emerge from this crisis a focused, resilient and unambiguously world-class school of public health, dedicated to excellence and impact and strengthened by surprising, solutions-focused partnerships," she wrote. 20 NIH grants restored to UMass system after judge rules against Trump admin Trump admin asks court to rule against Harvard without a trial Federal judge orders Trump admin to reinstate hundreds of NIH grants Federal judge delays decision over Trump admin barring Harvard foreign students Harvard's Monday court date will be important for international students. Here's why Read the original article on MassLive. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Credit scores will drop for more student loan borrowers, data shows
Imagine your credit score suddenly dropping by 63 points. For more than four million federal student loan borrowers, that's no nightmare. It's a wake-up call. In fact, a 63-point drop was just the average. Many of these borrowers experiencing a serious delinquency — at least 90 days late on a payment — in early 2025 saw their credit score drop by 42 to 175 points, according to a May analysis by the credit bureau TransUnion. And no one is immune. Borrowers with strong credit histories and cleaner credit reports saw their scores drop the most, by up to three figures. Even scarier? These borrowers could soon have more company. Some of the nearly eight million enrolled in the decaying SAVE Plan may soon face delinquency. So too could borrowers who have been struggling to enroll in income-driven repayment (IDR) plans. 'We're just waiting for them to be reported — we're calling those the shadow delinquencies,' says Michele Raneri, TransUnion vice president of financial services research and consulting. Yes, more than one in every five federal student loan borrowers in active repayment — 20.5 percent of about 19.6 million individuals — are three months or more late on their monthly dues. That's an all-time high, according to TransUnion, in part because Raneri says her team filtered out millions of federal loan borrowers who don't have an active payment due date. According to the Department of Education's own figures, that means more than five million borrowers are in default (270 or more days tardy), and as many as 10 million could be this summer. Being in default hits your credit, but it can also mean wage garnishment and forfeiture of federal tax refunds and Social Security benefits, among other consequences. 'So everything indicates that [this] is just the first group' to be reported, Raneri says. Related: We're facing a student loan default crisis. This academic research might help As mentioned, 20.5 percent of borrowers are 90 or more days delinquent (as of February 2025), but that figure pales in comparison to the 11.5 percent who were similarly tardy five years ago. Secretary of Education Linda McMahon places the blame squarely on colleges and universities, but the COVID-19 pandemic-inspired repayment pause and the last half-decade's fallout undoubtedly play a role, student loan payments are paused, borrowers saw their credit scores increase by an average of 74 points, thanks to the pause, according to the New York Federal Education Department announces 'Fresh Start,' removing the default status on credit reports for about 7.5 million defaulted Education Department calls for the resumption of monthly loan servicers begin reporting 90-days-or-more delinquencies to the credit Education Department resumes debt collection for federal loan defaults. In case you'd like a refresher, payment history is the single biggest determinant of your credit score. For FICO scores, for instance, whether you're on time or tardy with debt payments accounts for 35 percent of your score composition. That explains why borrowers have seen their scores fall so precipitously. Credit score before defaulting Average credit score drop after default (pts) 300 to 600 42 601-660 64 661-720 99 721-780 121 781 plus 175 Though borrowers with super-prime credit are the least vulnerable cohort, their path back to excellent credit won't be easy, Raneri says. 'They probably didn't have a 90-day-past-due on any [account] in the last seven years,' she says. 'And so it's difficult to come out and still become a super-prime again… And it'll take a couple of years probably for that to be in the rearview mirror, for it to fade away enough for it to bring the[ir score] back up.' Unsurprisingly, the lower your credit score, the more likely you have fallen behind in repayment. However, over the past half-decade, higher-credit borrowers have seen the biggest jump into delinquency. Percent of borrowers who are at least three months past due on a federal loan February 2020 February 2025 Percent change 300 to 600 38.8% 50.8% 31% 601 to 660 9.1% 23.3% 156% 661 to 720 1.3% 7.5% 477% 721-780 0.1% 2.1% 2,000% 781-plus 0.1% 0.9% 800% Spoiler alert: What's good for your student loan repayment is mutually beneficial for your credit report and score. Rehabilitate a defaulted loan, and your credit will thank you. Make a series of on-time payments toward your outstanding balance, and your score should increase over time. Of course, it's all easier said than done. And it can be overwhelming when you're wondering where to start. She continues, 'And so, if you have a fear of your credit, then you need to buckle down and just do it because it's not going to just go away. And I feel like there [are] people who with these student loans are kind of gambling with their credit score, thinking that maybe some [relief] is going to come through and it's not going to affect them. And by the time that you see it, it's probably too late. And then you have to start repairing it.' Take it from a certified student loan counselor: The important thing is to get moving. Here are some initial steps to take if your repayment has gone awry or requires a reset: Create or update your budget. It's the best way to understand your cash-flow, minimize unnecessary experience and set priorities, whether for your student loan or other debt payments. Reacquaint yourself with your education debt. You might log into your account (or your private lender's portal) to check your outstanding balances, interest rates and repayment status. Ask for help. While it's critical to be your own expert on your student loan accounts, it's always wise to request assistance. If you're disappointed in your federal loan servicer or private lender, talk to a certified counselor, student debt lawyer or organizations that offer student loan help. Settle on a strategy. Once you know where you stand and are aware of your education debt payoff options, picking a lane will ensure you keep moving toward the finish line. With that said, changes to your cash-flow could necessitate switching tactics down the road. Start or resume monitoring your credit. As you're getting more confident about handling your outstanding loans, track the improvement of your credit score. That can be gratifying and motivate you to stay on track to the bitter end. How to find help The National Foundation for Credit Counseling or your state's student loan ombudsperson are potential starting points. 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