Tuesday, April 21, 2020

Resume to Transfer Colleges - Steps to Prepare a Professional and Effective Resume

Resume to Transfer Colleges - Steps to Prepare a Professional and Effective ResumeWriting a resume to transfer collges is very important to make a well-rounded and prepared candidate. It gives one a glimpse of a well-rounded person, who is capable to fit into any job requirement.The main aspects that should be kept in mind when it comes to writing a resume to transfer collges are to make the resume as professional and smooth as possible. It is very important that one must not stray from the requirements laid down by the employer.It is very important that one should always keep their resume organized and clean. In the initial stages, one should start from the headings of each section of the resume. One must also make sure that the candidate has clearly defined duties and responsibilities.After preparing the resume, one must follow the format of the job advertisement. This will definitely help in filling in all the gaps and directions of the job in an organized manner.It is very import ant to adhere to the format of the resume, when it comes to presentation. It is very important that one should keep the formatting in mind so that they do not come off as unprofessional.It is very important to remember that while writing a resume to transfer collges, it is very important to make use of the other person's strengths and highlight them in the resume. In this way, it is important to highlight the strong points of the person who is going to present the resume.This can be done in several ways, and one must definitely make use of every way to do this. This will help in a smooth flow of the resume so that it is not messy and confusing for the reader.

Wednesday, April 15, 2020

Corinthian Settlement CFPB Forces $183M in Loan Forgiveness

Corinthian Settlement CFPB Forces $183M in Loan Forgiveness Over 40,000 former students of the defunct Corinthian Colleges may see relief from their student loans. The Consumer Financial Protection Bureau announced Thursday that it had reached a settlement with Aequitas Capital Management, which allegedly helped Corinthian Colleges carry out its predatory lending scheme. Corinthianâ€"which operated over 100 for-profit schools under the brands Everest, Heald and WyoTechâ€"folded in April 2015 amid claims that it had used misleading job placement rates to enroll students. The closure left about 16,000 enrolled students, many of whom had taken out big loans to pay for their courses, without recourse. Current and former students went after the institution, as did regulators. In March 2016, the school was ordered to pay over $1.1 billion for allegedly duping students. The CFPB also gained a $530 million default judgment on behalf of students. However, the students wound up seeing very little money, as the school had already distributed its limited assets through its bankruptcy. In this latest case, the CFPB claimed that private equity firm Aequitasâ€"which is also winding down its businessâ€"had funded or purchased $230 million of high-cost, private “Genesis” loans that both it and Corinthian knew the students could not afford. Aequitas got in trouble in part by helping Corinthian fudge its numbers to make it seem that those Genesis loans were actually revenue received from students, according to the CFPB. That allowed students at its schools to receive federal aidâ€"dollars that ultimately went to the for-profit educatorâ€"under a provision that for-profit schools must get at least 10% of their revenue from a source other than the federal government. If a federal judge approves the CFPB’s proposed settlement, about 41,000 former Corinthian students could be eligible for approximately $183.3 million in loan forgiveness and reduction. The settlement stipulates that all outstanding Genesis loans will be forgiven for the following groups: Students who were enrolled in a Corinthian college when the schools closed in April 2015. Students who had been enrolled but withdrew on or after June 1, 2014. Students who were enrolled but had not completed their courses at the time Corinthian sold about half of its campuses to Zenith Education Group in February 2015; Zenith subsequently ceased operating the schools under the Corinthian brands. As part of the deal, Aequitas also agreed to forgive all of the Genesis loans that were in default for more than 270 days as of March 2017. For any remaining Genesis loans, Aequitas agreed to reduce the principal amount owed as of March 2017 by 55%â€"and forgive any accrued interest, fees, or charges that were 30 or more days past due as of the end of March. “Tens of thousands of Corinthian students were harmed by the predatory lending scheme funded by Aequitas, turning dreams of higher education into a nightmare,” CFPB Director Richard Cordray said in a statement Thursday. “Today’s action marks another step by the Bureau to bring justice and relief to the borrowers still saddled with expensive student loan debt.” This is not the first time the CFPB has attempted to seek debt forgiveness for students saddled with these Genesis loans. In February 2015, the CFPB announced an agreement with ECMC Groupâ€"which purchased some of the Everest and WyoTech campusesâ€"that granted former Corinthian students $480 million in debt forgiveness. And the CFPB’s campaign against predatory student lending is not over. Cordray said Thursday that the agency will “continue to address the illegal lending practices of for-profit colleges and those who enable them.”

Saturday, April 11, 2020

Turning Down a Promotion Without Being Punished [Video] - Work It Daily

Turning Down a Promotion Without Being Punished [Video] - Work It Daily By CAREEREALISM Founder, J.T. O'Donnell Recently, an Excelle community member asked me how to successfully turn down a promotion without being punished. (See full question here.) My Response: I see this situation all the time. An over-achieving employee sets themselves up for failure by allowing her boss to equate her value on the job to the number of hours she works. In particular, I see this as a re-occurring issue with young women. They put in tons of extra hours to impress management. The problem arises later in their careers when additional personal responsibilities like relationships and children enter the picture. Suddenly, the focus changes and they want to be paid the same but only do 40 hours/week of work. Unfortunately, they’ve taught management that their real worth comes from their willingness to work 60 hours every week to get things done. This has got to stop! Our actions define our perceived value. Being a work-o-holic sends the wrong message, especially, when you suddenly decide to stop working those hours. After all that time and energy, suddenly choosing to pull back actually results in management feeling like they are the ones being short-changed. I’m not saying you shouldn’t go above-and-beyond every once in a while to show you are a team-player, but far too many employees take this to the extreme, only to burn out professionally, as well as disappointing management â€" the very thing they were trying not to do! Here’s the good news… You’ve been given the opportunity to set things back on course! By accepting the promotion you are giving yourself the chance to address this and get back on track to better work-life balance. I suggest you accept the promotion, but sit down with your boss and explain that you will only take this new role if he is willing to work with you to make the job manageable. Explain how you want to be able to leverage company resources and build expertise to work smarter, not harder. By opening up this dialog, you and your boss can work together to make this promotion effective for the company AND for you. This includes: Considering who can be trained to do some of the things that you do. Identifying areas where the company could be more efficient. Looking for ways to streamline processes. The goal is to define how this expanded roll can be done successfully in 40 hours/week. But, what if it can’t? Well, at least you and your boss will recognize that fact and be able to target a game plan to address it. Maybe this is just what he needs to be able to quantify a request for more staff and/or resources. By addressing this together, you just may help your boss in his job! If you want career success and satisfaction, then you need to find ways to move forward on your terms. Choosing to pass on this promotion indicates you aren’t willing to grow as a professional. Why not take the plunge and start to learn how to do more in the same amount of time? I think you’ll find that once you learn how to move up without stressing out, you’ll find your career soaring to new heights. Tweet Share | J.T. answers questions each week via Excelle on topics ranging from finding your first job, to getting a promotion and managing office politics. You can check out all of her articles here. Excelle is Monster's premier online community for female professionals in the United States. Have you joined our career growth club?Join Us Today!