Minority-owned business challenges increased by pandemic

Katia Faroun | Features Editor 10/22/2020 Not far into the start of the pandemic, there seemed to be an emphasis on supporting small businesses. Advertisements highlighted these businesses, and people encouraged each other to order takeout at the local Mexican place down the road instead of Chipotle. But it’s been more than half a year, and small businesses are still suffering — and some more … Continue reading Minority-owned business challenges increased by pandemic

DU ranked fourth locally in student debt

04/11/2019 By Duke Staff Student loan debt and the mounting cost of higher education is often the source of self-deprecating jokes and existential woes that plague college students. Students here at Duquesne are no stranger to this phenomenon —as we have previously reported and the student body is painfully aware of, the university has increased tuition by about $9,000 since 2013. While this is an … Continue reading DU ranked fourth locally in student debt

House education bill may cause big changes for college financial aid

Kailey Love | Photo Editor 01/11/18 UPDATE: 01/17/18 Correction of Rep. Foxx’s name. Only one x had been used in the last sentence. Shortly before Christmas on Capitol Hill, several House Republicans compiled a 542-page bill that would significantly change how Duquesne students, and students nationwide, fund their education. On Dec. 1, 2017, House Republicans proposed an overhaul of the Higher Education Act of 1965 … Continue reading House education bill may cause big changes for college financial aid

Private student loans can be predatory, experts say

Raymond Arke | Asst. News Editor The words “student loans” can strike fear in any college student’s heart. While they help many students afford college, sometimes the loaning system can hurt the people it is supposed to help. Financial aid and loans can often appear confusing to many college students, according to Elizabeth Baylor, Director of Postsecondary Education at the Center for American Progress, a … Continue reading Private student loans can be predatory, experts say

DU weighs in on Fed interest rate debate

By Brandon Addeo | The Duquesne Duke For students who have been eyeing a new car or considering taking out another school loan— now might not be a bad time. After weeks of debate that unsettled financial markets around the world, the U.S. Federal Reserve, also known as the Fed, announced last week that it will keep its current near-zero short term interest rate, rather … Continue reading DU weighs in on Fed interest rate debate

New initiative could spark small businesses

By Jill Power | The Duquesne Duke A microfinance program that allows users from all over the world to donate to entrepreneurs launched in Pittsburgh on March 27. Kiva City Pittsburgh, a crowd funding initiative, will bring money to small businesses in the area by allowing lenders to contribute directly to them. While the borrower is entirely responsible for repayment, lenders do not collect interest … Continue reading New initiative could spark small businesses

Loan fees to increase

By Julian Routh | Asst. News Editor College students will face an increase on student loans fees and a cut to the Office of Federal Student Aid due to the recently announced federal sequestration. Automatic cuts totaling $44 billion took effect on March 1 and will be administered to government spending over the remainder of the fiscal year, or until President Barack Obama and Congress … Continue reading Loan fees to increase