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Bloomberg Businessweek
US Payroll Gains Not as Robust as Reported, BLS Data Suggest
Jun 6, 2024
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.
43:05
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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.
Deep dives
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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