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Yahoo! News: Education News |
California teachers pension fund to drop assault weapons maker Posted: 05 Jun 2015 03:45 PM PDT The largest teachers pension fund in the world plans to end its indirect investment in Remington Outdoor [FREDM.UL] assault weapon manufacturer after two years of urging for divestment. The California State Teachers' Retirement System (Calstrs) announced on Friday that it agreed to a proposal by its private equity partner, Cerberus Capital Management [CBS.UL]. Calstrs, along with State Treasurer John Chiang, has urged Cerberus to sell, or at least to sell Calstrs indirect interest in Remington Outdoor, formerly called the Freedom Group, since April 2013 when the Teachers' Retirement Board committed to divesting from firearm manufacturers. |
These 10 Colleges Are the Biggest Wastes of Money Posted: 05 Jun 2015 02:21 PM PDT The value of a college degree has increasingly become a point of concern for students and parents worried that the ever-increasing cost of higher education doesn't pay off. Studies have found that college grads do have more stable and lucrative careers than their peers with just a high school diploma, but going to a pricier school doesn't necessarily mean a better payday. Students who need to borrow a large amount of money to finance their education or who are going into a profession that doesn't pay very well can do better financially by attending a lower-cost school. |
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