2019
December
19
Thursday

Monitor Daily Podcast

December 19, 2019
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Today, our package of stories delves into big changes in the composition of the federal judiciary, the state of Michael Bloomberg’s election campaign, one man’s interpretation of the Ninth Commandment, a Bahamian Christmas tradition, and why each generation gets its own adaptation of “Little Women.”

First, have you heard about the startup that’s offering people $10,000 to leave the Bay Area?

The company, MainStreet, was launched by former Google employees who started wondering, “How do you create jobs and opportunity in suburban and rural America?”

It’s a question many cities and states are asking. At a time of record low rates of relocation – fewer than 10% of Americans moved in 2019 – some employee-starved locales are suddenly acting like Kelly Services. North Platte, Nebraska, aims to attract new talent by matching company signing bonuses, up to $5,000, for transplants. For Vermont, whose tiny population is aging faster than its artisanal cheeses, the New Worker Grant Program provides assistance to those moving to the state. (If that isn’t incentive enough, we hear the state’s most famous company, Ben & Jerry’s, is hiring.) 

MainStreet is enticing tech workers to less-expensive cities such as Sacramento, California. It helps its recruits find full-time jobs as remote workers inside one of its coworking spaces. Employees get a higher quality of life. Companies get talent that doesn’t cost Silicon Valley rates.

The goal, says product manager Dan Lindquist, is to redistribute capital to “have-not” cities. He hopes it will help repair the “social fabric that mixes together and makes us see eye to eye as people – and what draws us together as a nation.”


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Today’s stories

And why we wrote them

Although the tussle over who gets to sit on the Supreme Court receives a lot of attention, the makeup of the federal judiciary is often overlooked. Here’s why it matters.

SOURCE:

The White House, Wikipedia

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Jacob Turcotte/Staff

The Beatles famously sang “Money can’t buy you love.” But can it buy you votes? Michael Bloomberg tests the idea with the bold gambit of a $100 million ad campaign.

The Ten

How people use the Commandments in daily life
Sabina Louise Pierce/Special to The Christian Science Monitor
Alexi Sargeant, shown here at his home in Princeton, New Jersey, is managing director of the Aquinas Institute, Princeton University’s Catholic campus ministry.

The commandment “Thou shalt not bear false witness against thy neighbor” ties in with the dictum, “Love your neighbor as yourself.” Here’s how one individual strives to practice those ideas.

Melanie Stetson Freeman/Staff
Dudley "Doc" Gilbert, 71, plays the cowbells with the Saxons Superstars junkanoo band as they rehearse down Bay Street Nov. 8, 2019, in Nassau, Bahamas. Gilbert has been rushing with junkanoo since he was 5 years old.

In the Bahamas, the carol “Silent Night” doesn’t seem apt on Christmas. A boisterous Yuletide street carnival tradition is poised to bring cheer to the hurricane-ravaged islands.

Film

Wilson Webb/Sony Pictures/AP
Saoirse Ronan and Timothée Chalamet star in “Little Women.” The film, like its source, offers women more than marriage.

How does a novel first published in 1868 remain relevant? The latest film adaptation of “Little Women” hones in on the book’s themes of empowerment – and even makes Amy likable!


The Monitor's View

Matt Gentry/The Roanoke Times via AP
Virginia Tech students walk across campus in the snow in Blacksburg Va., Dec. 11 2019.

College students like to think about the future, the satisfying careers and happy lives to come. But without good financial planning, these dreams can turn to dust. 

Students today confront a dizzying array of financial choices, and they are often woefully unprepared to make them. The result can be anxiety that affects their studies, or a debt load that may burden them for years.

As teachers of financial literacy, parents and public schools haven’t been getting the job done. That’s caused more and more colleges to decide that they must take responsibility for teaching it.

Only about 1 in 6 high school students are required to take at least a semester-long course in personal finances, according to a survey by Next Gen Personal Finance, a nonprofit group. 

What’s more, many college students arrive on campus from households where the parent or parents themselves lack financial planning skills. In other cases, parents who micromanage their children’s college education may take charge of all financial decisions, leaving the student with little idea of how his or her education is being financed.

In January the Higher Education Financial Wellness Alliance officially comes into being, the result of a 2019 summit that brought together 340 attendees from 175 institutions. The group aims to help colleges find ways to remove barriers to students completing their degrees caused by poor financial planning and to promote lifelong financial skills.

A lot of data shows that college students are financially stressed, says Phil Schuman, director of financial literacy at Indiana University. One recent survey found nearly three-quarters of them said their financial situation was stressful, from “often” to “always.” 

In another 2018 survey, 65% of college students said they were worried about how they would pay for college. Half of them said they had trouble paying their rent, and 16% even had been homeless while in school.

The problems don’t end when they leave college. A 2019 report from the U.S. Financial Literacy and Education Commission showed that some 43 million people owe $1.5 trillion in college debt, about $33,000 per person.

Colleges are taking a number of approaches to help. In recent years Indiana University has sent student borrowers a summary of where their student loan amounts stand, including how much they would owe at graduation and what their monthly loan payments would be. The program has contributed to student loan borrowing at the university dropping by $126.4 million, about 19%, between 2012 and 2018, Mr. Schuman says. 

Innovative teaching methods help keep students interested in the topic. One asks students to imagine their lives 10 years from now. They set up budgets, taking into account what kind of job they have and their income, and household expenses such as rent, utilities, and loan payments – even the saving they’ll set aside for their own children’s educations. 

Last year at Austin Community College in Texas, 3,800 students participated in a financial planning workshop. Students could earn $25 if they met with a financial coach and another $25 if they applied to Federal Student Aid from the U.S. Department of Education.

These and other such programs are badly needed. Students’ college educations will serve them better if they are accompanied by sound financial planning.


A Christian Science Perspective

About this feature

Each weekday, the Monitor includes one clearly labeled religious article offering spiritual insight on contemporary issues, including the news. The publication – in its various forms – is produced for anyone who cares about the progress of the human endeavor around the world and seeks news reported with compassion, intelligence, and an essentially constructive lens. For many, that caring has religious roots. For many, it does not. The Monitor has always embraced both audiences. The Monitor is owned by a church – The First Church of Christ, Scientist, in Boston – whose founder was concerned with both the state of the world and the quality of available news.

Our hearts go out to those in Australia, which has been experiencing drought from an intense heat wave and raging bushfires that have left a hazardous smoke haze hanging over Sydney. Here are some ideas to inspire prayers that kindle hope, courage, and confidence in God’s care for His creation.


A message of love

Russell Cheyne/Reuters
Emma Harper, a member of the Scottish Parliament, raises awareness of the illegal puppy trade and responsible pet ownership during a photo call in the Scottish Parliament in Edinburgh, Scotland, Dec. 19, 2019.
( The illustrations in today’s Monitor Daily are by Jacob Turcotte. )

A look ahead

We hope today’s stories have given you a fresh perspective on each of their subjects. Tomorrow, l’ll be joining two of the other biggest “Star Wars” fans on staff to chat about the values underlying this cinematic Force.

More issues

2019
December
19
Thursday

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