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The Daily Beat is a daily news podcast inspired by the power of social media to spark social change. Tune in Monday through Friday at 7 p.m. as BTR’s social media director, DJ Jen, culls the “Twitterverse” and “blogosphere” to bring you the top stories regarding social justice and human rights issues.
Not to mention, we’ll also feature some of BTR’s top tracks.
Don’t miss a beat!
Yesterday Huff Post Business published an article titled “Student Loan Debt Will Exceed Median Annual Income For College Grads By 2023: Analysis.”
The article’s author Caroline Fairchild writes:
In 10 years, the average amount of debt college students leave school with will equal what the median graduate will earn in just a year, an analysis exclusive to The Huffington Post revealed.
This conclusion was drawn from a study conducted by the policy and communications consulting firm Hamilton Place Strategies. The study found that while average student debt at graduation has skyrocketed by 200 percent since 1993, income growth has stagnated. In 2012, the median income for all college graduates was $46,412 while average student loan debt was $28,720, the study found.
Today The Raw Story published an AFP article titled “World energy agency expects record oil demand next year.”
The article reads:
Emerging economies will be the main force in the global oil market next year, driving demand to a record high level, International Energy Agency (IEA) data showed on Thursday.
Raising its demand forecast this year because of unseasonally cold weather, the IEA also signalled that in 2014 emerging economies will drive demand to a record 92.0 million barrels per day.
The agency said improving prospects for global economic growth would pull demand, despite increasing efficiency in energy use in advanced countries.
IN OTHER NEWS
Today Think Progress published an article titled “Walmart And Gap Announce Bangladesh Safety Plan With Less Accountability.”
The article’s author Bryce Covert writes:
Refusing to sign onto a union-backed safety upgrade plan in Bangladesh’s garment factories, 17 U.S. retailers, including Walmart and Gap, announced their own plan on Wednesday. The plan commits $42 million to inspections and other safety steps and more than $100 million in loans and financing to help factory owners correct problems. But unlike the mainly European-backed plan, the companies are not legally bound to pay for the improvements and puts more of the burden on the Bangladeshi factory owners.
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