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4-Day Workweek (Without a Pay Cut) an 'Overwhelming Success' in Iceland, Researchers Say


4-Day Workweek (Without a Pay Cut) an Overwhelming Success in Iceland, Researchers Say
People
6 hrs ago
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Keeping the same pay while working fewer hours sounds like a dream too good to be true, but researchers in Iceland are making the case it could benefit workers and have no ill effects on productivity for businesses.
From 2015 to 2019, roughly 2,500 workers in Iceland participated in two trials that cut their 40-hour workweek to four days, without their pay being lowered. The results jointly released on July 4 by Iceland s Association for Sustainability and Democracy (Alda) and the U.K.-based think tank, Autonomy found that workers wellbeing dramatically increased, improving their perceived stress and burnout and health and work-life balance. ....

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Delaware State University Cancels $700K in Student Loans for Over 200 Graduates Affected by Pandemic


Delaware State University Cancels $700K in Student Loans for Over 200 Graduates Affected by Pandemic
People
1 hr ago
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Delaware State University is forgiving more than $700,000 in student loans for recent graduates who were affected by the ongoing COVID-19 pandemic.
The historically Black, public university announced on Wednesday that loans of $730,655 will be allotted to cover the average student debt of $3,276 for more than 220 students.
This will be done by funds from the federal American Rescue Plan Act (ARPA) for COVID-19 relief sent by the Biden Administration, the university said.
Too many graduates across the country will leave their schools burdened by debt, making it difficult for them to rent an apartment, cover moving costs, or otherwise prepare for their new careers or graduate school, said Antonio Boyle, Vice President for Strategic Enrollment Management. ....

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