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11/20/18 - NewsBling.co
Reading time: 4.5 min
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#1: Bloomberg’s Big Donation 💰
 

A record-breaking donation

Former NYC mayor Michael Bloomberg has pledged to donate $1.8 billion to his alma mater, Johns Hopkins University (JHU). This is the biggest donation to an academic institution in the US from a single individual and will be used to fund need-based financial aid for students.

Donation debate

Large donations to prestigious universities always cause debate. The debate is usually focused on whether a donation to a prestigious/elite university makes more sense than donating to an underfunded public institution.

PRO-DONATION:

Those supporting the donation believe that it will level the playing field for all JHU applicants, many of whom are held back by high tuition fees and insufficient financial aid packages. They point out that at elite institutions more students now come from the top 1 percent of the income scale than from the whole bottom 60 percent. They argue the donation is about equal access.

ANTI-DONATION:

Those criticizing the donation argue that if Bloomberg really wants to help low and middle-income applicants, he should donate money to community colleges where these students are more highly concentrated. They also doubt the impact of the donation, since the low acceptance rate at Johns Hopkins limits the number of students who will benefit from the donation.

 

Elites get the most

Elite universities tend to get the most money since their alumni are usually doing pretty well. This leads to a cycle of rich individuals building elite schools that develop more rich individuals. Take a look at a list of the biggest donations to higher education. Most of these are elite household names: Harvard, Stanford, Columbia, Cal Tech, Cornell, Princeton, etc. Should this change?

A huge problem that needs solving
 
#2: CNN Press Pass: Saga Continues 🤦
 
Flip flop

On Monday afternoon, the White House reversed its original decision and reinstated CNN reporter Jim Acosta’s press pass. The decision came after a Trump-appointed judge ruled in favor of Acosta and CNN in the lawsuit against the White House.

New rules

With the reinstatement, the White House issued new rules for reporters. The new policy states:

  • Only one question per reporter
  • Follow-ups are at the discretion of the president or other White House official
  • Giving up the microphone falls under “yielding the floor”
  • Any violations may result in suspension or withdrawal of a press pass
LEANING LEFT:

The left tries to show that even Trump's friends are against him on this one. They highlight a statement made by conservative news outlet NewsMax’s CEO (a friend of Trump) that the White House shouldn't have withdrawn Acosta’s press pass. This side also emphasizes that despite reinstating Acosta’s press pass, the White House continued to threaten access. 

LEANING RIGHT:

The right criticizes Acosta for “looking for his 15 minutes of fame” and abusing his privilege as a journalist. The right also continues to insinuate that Acosta had a physical encounter with the White House intern in refusing to give up the microphone. They claim that if it were a courtroom, Acosta would have been held in contempt. 

 
A win or loss for the press?

While the outcome may seem like a win for CNN and Acosta, it is important to remember that the judge ruled in favor of Acosta on the basis of due process – not on a violation of the 1st Amendment. Furthermore, the new rules will limit the press from being tough with the president for answers should he fail to answer the initial question.

The White House's new press strategy
 
Extra extra...✨📰✨
 
Jail bird. Nissan and Renault chairman, Carlos Ghosn, is arrested in Tokyo for financial misconduct (CNN)

Raining fire. The Fuego volcano is Guatemala erupts, causing 4,000 people to flee (The Independent)

Who's to blame? Florida sues Walgreens and CVS for contributing to the opioid crisis by overselling painkillers (NBC)

First time in decades. The White House Correspondents' Dinner announces that there will be no comedian next year (The Hill)

Jobs...for robots. Kroger and Ocado will build a $55 million high-tech automated warehouse in Cincinnati (Reuters)

 
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