9 Aug
2019

Rep Noble backs bill for better student loan reporting

first_img30Nov Rep. Noble backs bill for better student loan reporting Categories: News,Noble News State Rep. Jeff Noble voted this week to require state colleges to provide annual updates to students on their federal student loan status to better manage their debt.“Our college graduates should not have to spend the first 20 years of their careers paying for their education,” said Noble, of Plymouth. “Giving students an annual update on their loans will go a long way toward making smart financial decisions during college and success after getting their degree.”The legislation calls for students to receive:Estimates of monthly repayment amounts, based on current projections.Access to student loan counseling services available through each college.Information on employment opportunities available in a student’s chosen course of study.Estimated national student debt has reached $1.4 trillion with average loans at Michigan universities increasing by approximately $10,000 over the past 10 years.“It’s very concerning to me that 63 percent of Michigan’s college graduates have student debt,” Noble said. “Armed with the information about their debts from the colleges, students will be able to better plan for their futures.”#####last_img read more

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7 Aug
2019

Liberty Global is planning to bid for UK cable ope

first_imgLiberty Global is planning to bid for UK cable operator Virgin Media, with a move expected in the coming days, according to the UK’s Financial Times newspaper, citing sources familiar with the situation.In a brief statement, Virgin Media confirmed that the pair had been in talks. “Virgin Media confirms that it is in discussions with Liberty Global, Inc., a leading international cable company, concerning a possible transaction. Any such transaction would be subject to regulatory and other conditions. A further announcement will be made in due course,” the company said.Shares in Virgin Media on the NASDAQ exchange closed at US$38.69 (€44.74) yesterday, giving Virgin Media a valuation of US$10.4 billion. The company has an estimated enterprise value of US$20 billion including debt. Liberty Global reported cash reserves of US$3.3 billion in its third quarter earnings, with some of that earmarked for the company’s buyback programme.A successful bid for the UK’s sole large-scale cable provider would put Liberty Global chairman John Malone in direct competition with his old rival Rupert Murdoch, chairman of BSkyB’s main shareholder News Corp.In the UK, Malone has previously attempted unsuccessfully to bid for NTL, and also acquired a significant stake in Telewest, the two companies that later merged to form Virgin Media.There was some speculation in 2011 that he would make a bid for BSkyB in the wake of the collapse of News Corp’s move to take control of the company, but Malone quashed this, saying he would not bid against Murdoch.last_img read more

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6 Aug
2019

Cisco this week joined with partners to demonstrat

first_imgCisco this week joined with partners to demonstrate cable broadband remote PHY architecture and the use of DOCSIS infrastructure for mobile backhaul.At the SCTE Cable-Tech Expo in Denver, Cisco demonstrated its Infinite Broadband Remote PHY solution (RPHY) for cable access networks, which it claims to be the industy’s only standards-based distributed access architecture (DAA) on the market.Arris and Cisco demonstrated interoperability with each other’s Remote PHY (RPHY) solutions, including CCAP core technology and PHY nodes. Demos will include: the Arris E6000 CCAP Core supporting Cisco Smart PHY node and the Cisco cBR-8 CCAP Core supporting the Arris RPHY Node.Finnish vendor Teleste meanwhile used the show to launch its Open RPD specification-based node, the AC91000 Neo, and demonstrated nteroperability of its Remote PHY enabled node alongside Cisco’s cBR8 CCAP Core.Cisco also launched its new GS7000i Smartnode, adding new mass awareness telemetry and proactive control automation capabilities to the cable access network, according to the company.Cisco has also partnered with CableLabs to develop a way for DOCSIS to grow to handle mobile backhaul, for 4G/LTE networks to start with, and 5G installations as they start to emerge in meaningful ways, the company said.last_img read more

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5 Aug
2019

ROAD CLOSED IN DERRY AFTER PEDESTRIAN STRUCK BY CA

first_imgROAD CLOSED IN DERRY AFTER PEDESTRIAN STRUCK BY CAR was last modified: December 1st, 2017 by John2John2 Tags: POLICE are advising motorists are advised that the Limavady Road in Derry has been closed following an road traffic collision involving a car and pedestrian. Diversions are in place between King Street and Caw Roundabout. Motorists are advised to avoid the area and seek alternative routes for their journey. caw roundaboutLIMAVADY ROADPSNIROAD CLOSED IN DERRY AFTER PEDESTRIAN STRUCK BY CARcenter_img ShareTweetlast_img

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