Tag: COVID19

Posted in Money

Why are colleges bringing back students despite near-certainty of COVID-19 outbreaks? Money plays a big part – News – The Columbus Dispatch

For months, universities and experts have warned another semester of remote courses could have disastrous effects on student enrollment and college budgets.

Colleges that are reopening campuses this fall know they’re bringing a higher risk of coronavirus to their community.

The questions aren’t really about if or when, but about how bad outbreaks could be — and whether having an in-person experience for students is worth the cost. With so much at stake, some students, parents and faculty are asking: Why take the risk at all?

In many cases, it comes back to money.

For months, colleges and experts have warned another semester of remote courses could have disastrous effects on student enrollment and college budgets.

Colleges already lost billions of dollars when they pivoted to digital instruction in the spring, in the form of refunded room-and-board payments and expensive technology for online courses. Another semester — or year —

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Posted in Business

Zurich Insurance looks to higher prices to cushion COVID-19 hit

ZURICH/LONDON (Reuters) – Zurich Insurance’s (ZURN.S) life insurance and property and casualty businesses have taken a hit from the COVID-19 pandemic, but rising commercial insurance rates will provide support, its CFO said on Thursday as the company reported a 40% profit drop.

FILE PHOTO: The logo of Zurich Insurance Group is seen on a building in Bern February 10, 2014. Zurich Insurance Group announced their 2013 financial results on February 13. REUTERS/Thomas Hodel

Insurers have been hit across the board by pandemic-related claims including for travel, business interruption and event cancellation, in addition to life insurance.

“It’s been a relatively extraordinary six months,” Chief financial officer George Quinn said. “The challenge is not over.”

Europe’s fifth-largest insurer said it expected COVID-19 related insurance claims at its Property & Casualty business to be $750 million for the full year, the same level it indicated in May.

Zurich’s first-half business

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Posted in Money

How COVID-19 Is Changing the Way Families Save for College Costs

<strong>Ryan Ermey</strong>: With the fall semester fast approaching, the COVID-19 pandemic has cast a shadow of uncertainty over higher education. Kevin Walker of CollegeFinance.com joins us for a discussion of how the landscape has changed for colleges, students, and parents alike in our main segment. On today’s show, Sandy and I talk tax refund delays and answer reader mail about how to pay for a new home in retirement. That’s all ahead on this episode of Your Money’s Worth. Stick around.

<strong>Ryan Ermey</strong>: Welcome to Your Money’s Worth. I’m Kiplinger’s associate editor Ryan Ermey joined as always by senior editor Sandy Block. And we’re talking tax refunds here in the first segment, Sandy. My question to you to kick things off is did you get your refund?

<strong>Sandy Block</strong>: I owed the IRS. So to me, this is a nice problem to have. But here’s the deal, the deadline for … Read More

Posted in Finance

5 tips to help you land an internship during the COVID-19 pandemic

Even though unemployment has reached a record high due to business closures and social distancing measures brought about by the new coronavirus, you can still snag an internship if you know how to adapt and get creative. That advice comes from Jon Schlesinger, director of the career center at Brandeis University and also a lecturer in a course designed to get students to think critically about the industry in which they intern. Here, Schlesinger offers five tips for students who are searching for internships or haven’t yet started internships that they’ve secured.

Create your own virtual internships

While a poll of 283 employers recruiting on college campuses found that 16% have revoked internship offers, the poll also found that nearly 40% of employers have moved to a virtual internship program.

Although employers moving online means there is no office to go to anymore, this can open up opportunities for

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Posted in Insurance

‘I see a disaster in the making.’ Professors slam reopening plans at Illinois colleges amid COVID-19 crisis, prompting some schools to reverse course.

Illinois State University’s first attempt to articulate its vision for reopening amid the coronavirus pandemic this fall didn’t sit well with everyone.

The plan, dubbed “Redbirds Return” after the central Illinois college’s mascot, drew swift criticism from faculty after it was shared in early June, prompting instructors to draft their own proposals and call for greater precautions when scores of students are expected to descend on campus next month. The faculty’s letter objecting to plan has been signed by more than 500 employees, students, parents and other community members.

“Since releasing the plan, we’ve received a great deal of feedback,” ISU President Larry Dietz said earlier this month. “Many faculty and staff members have also made it clear they would like a greater voice formulating plans.”

At the same time, Dietz announced modifications the faculty had been seeking: increased flexibility to work from home, through at least December, and to

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Posted in Personal

Prince William Says Soccer Can Help ‘Break the Stigma Around’ Mental Health Effects of COVID-19 Pandemic

Prince William is using soccer to help those affected by the coronavirus pandemic.

In a video promoting the landmark Mentally Healthy Football Declaration signed by leaders of the entire U.K. soccer family, the Duke of Cambridge openly references the positive role he believes the sport can play.

“This has been a football season unlike any other,” William says in the video. “The coronavirus pandemic has affected everyone, and it is clear it will have a big impact on many people’s mental health. Football’s role in breaking the stigma around mental health has never been more important.”

The Mentally Healthy declaration has been signed by the English Premier League, English Football League, and the soccer associations of England, Scotland, Wales, and Northern Ireland.

It’s also drawn the support of famous names in the soccer world including England manager Gareth Southgate, England captain Harry Kane and Scotland captain Andy Roberston.

A direct

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Posted in Insurance

Cash and 21 Other Everyday Things Wiped Out by COVID-19

The coronavirus pandemic has radically altered nearly every aspect of everyday life that people once took for granted. Activities and commodities that were standard just a handful of months ago have become scarce, if not impossible to access. Everything from paper money and coins to buffet restaurants and live concerts are becoming dim and distant memories for Americans. It’s quite possible that future generations won’t recognize a handshake or any of these 21 other items that are disappearing rapidly.

Long before COVID-19 battered the globe, e-commerce and the proliferation of payment apps have been replacing cash transactions. According to the Federal Deposit Insurance Corp., cash represented just 30% of all payments in 2017. The fear of handling paper money contaminated with the coronavirus has accelerated the digital marketplace. With so many brick-and-mortar businesses closed, there’s a tremendous decrease in in-person transactions.

“Prior to the COVID-19 epidemic, about one-third of Americans … Read More

Posted in Insurance

Symptoms of COVID-19? Here’s what you can do right now

Yahoo Life is committed to finding you the best services to help improve your life. We may receive a share from purchases made via links on this page. Pricing and availability is subject to change.

Telemedicine claims have surged more than 8000 percent during the coronavirus pandemic. (Photo: Getty Images)
Telemedicine claims have surged more than 8000 percent during the coronavirus pandemic. (Photo: Getty Images)

Developing symptoms of COVID-19 is understandably terrifying. And, if you don’t have a primary care physician or you’re nervous to go to your doctor’s office or local hospital, it’s hard to know what to do.

That’s where telehealth comes in. Many doctor’s offices have shifted to providing healthcare through video chat or over the phone during the pandemic. For patients who don’t already have a provider, services like Amwell, one of the top telehealth platforms in the country, allow for quick and easy access to a doctor without a long wait time, and it’s relatively inexpensive for those who do

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Posted in Business

Day cares welcome mask-wearing toddlers as parents struggle to ‘make best decision’ in COVID-19 world

Sam DeRoze is almost 4 years old. After years of nanny care, he’s supposed to dive into his first organized school experience this fall. But the coronavirus pandemic has his mother mulling.

“I’ll need to see the plan from his preschool before I decide,” says Dianne DeRoze, a business consultant in Leesburg, Virginia. “If it’s safe and a positive experience, that’s valuable. What I don’t want is for him to have a knee-jerk reaction that school is this scary place you get dumped.”

DeRoze is among the millions of parents grappling with sending their children to preschool and babies to day care as cases of COVID-19, the disease caused by the virus, spike nationally.

The debate continues to rage among politicians and school officials on fall reopening plans. New York Mayor Bill de Blasio announced last week that the city would be providing day care for 100,000 children to help

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Posted in Business

Daycares welcome mask-wearing toddlers as parents struggle to ‘make best decision’ in COVID-19 world

Sam DeRoze is almost 4 years old. After years of nanny care, he’s supposed to dive into his first organized school experience this fall. But the coronavirus pandemic has his mother mulling.

“I’ll need to see the plan from his pre-school before I decide,” says Dianne DeRoze, a business consultant in Leesburg, Virginia. “If it’s safe and a positive experience, that’s valuable. What I don’t want is for him to have a knee-jerk reaction that school is this scary place you get dumped.”

DeRoze is among millions of parents grappling with the pros and cons of sending their children to preschool and babies to day care as cases of COVID-19, the disease caused by the virus, spike nationally.

The debate continues to rage between politicians and school officials on fall re-opening plans, while New York Mayor Bill de Blasio announced last week that the city would be providing day care

Read More