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Bethune-Cookman University’s Interim President says employees can expect layoffs and salary cuts.
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Student loans are now the second-biggest source of debt in the country, behind home mortgages. According to the Federal Reserve Bank, more than half of all Floridians have outstanding student loan debt. And the average college graduate is in debt by more than $37,000.
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Embry Riddle Aeronautical University president John Johnson is leaving. After nearly 12 years as president, Johnson said he’s stepping down to retire.