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Bloomberg Businessweek
US Payroll Gains Not as Robust as Reported, BLS Data Suggest
Jun 6, 2024
43:05
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Michael McKee and Rich Miller analyze ECB rate cuts and US jobs data, while Laura Nahmias and Michelle Kaske discuss NY Gov halting Manhattan driving charges. Rodney Rodgers talks about a $121 million gift to BGSU for student graduation. Martín Escobar drives to close with General Atlantic.
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Quick takeaways
- A $121 million donation to Bowling Green State University on the condition of graduation aims to tackle rising education costs and student loan debt.
- General Atlantic's growth equity investments focus on technology revolutions fueling growth rates of 30-50% in portfolio companies.
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Impact of Financing Challenges on Graduation Rates
The challenge of rising education costs and the need to work multiple jobs leading to student loan debt results in a 50% four-year graduation rate at Bowling Green State University. A donation with strings attached aims to ensure better outcomes by providing financial support to students for timely degree completion.
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