Tuesday, September 24, 2024

The high cost of campus housing

Also: The last Kmart? ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Tue Sep 24 2024

 

Daniel de Visé Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money.

When Heidi Veideman enrolled at the University of California, Davis, in the fall of 2022, she arrived with a bevy of need-based grants that covered her tuition. 

The grants did not cover her housing. And those costs came out to more than $10,000 for the academic year for a "triple," a space shared with two other students: About $1,250 a month, to rent one-third of a room. 

"There was one single bed on one side, and then there was a bunk bed. It was really small," Veideman recalled.

Students and their families fret about the rising costs of college tuition, but housing costs are rising faster.  

The last Kmart?

The blue light is fading. Kmart is set to close its last full-sized store in the continental United States, James Powel reports.

An associate at the Bridgehampton, New York store confirmed that it is scheduled to close on Oct. 20. That store, approximately 95 miles east of Manhattan, is one of two Kmart locations remaining in the continental U.S. The location soon to become the last store, based in Miami, is smaller, with a limited range of products, according to CNN.

Transformco, the present-day owner of both Kmart and Sears, did not respond to a request for comment from USA TODAY. Older readers will recall that Sears and Kmart once ranked first and second among American retailers. The end of an era indeed.

No more bunnies at Petco

Petco will stop selling pet rabbits following criticism that the practice led to regretful owners, overwhelmed by bunny-care, Jonathan Limehouse reports.

Petco announced Tuesday that it is "recommitting to an adoption-only policy for rabbits." Earlier this month, the nonprofit Rabbit.org called out Petco, citing the company's "blatant betrayal of its promises" in 1994 and 2008 to stop all rabbit sales.

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About The Daily Money

Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.

Daniel de Visé covers personal finance for USA Today.

Heidi Veideman felt she couldn't afford the housing costs at the University of California, Davis, which totaled more than $10,000 per year.

Students and their families fret about the rising costs of college tuition, but housing costs are rising faster.

The Wellsville Kmart location pictured in January 2019. The store closed shortly thereafter and remained empty until a Runnings store opened at the site in 2023.
 

Kmart to close last full-size store in US in October

The last full-size Kmart store in the continental U.S. is set to close in October. There will be one smaller Kmart still open in Miami.

The muzzle of a pet rabbit, which the owner holds in his arms. The rabbit of the mini lop breed. Close-up.
 

Petco to stop selling rabbits amid problem of bunny buyer's remorse

Earlier this month, Rabbit.org called out Petco, citing the company's "blatant betrayal of its promises" in 1994 and 2008 to stop all rabbit sales.

The AMC Fayetteville 14 movie theater, as pictured in October 2020.
 

Movie theater chains unveil $2.2B plan to improve 'cinematic experience'

The eight largest movie theater chains in the U.S. and Canada announced last week plans to invest more than $2 billion into the moviegoing experience.

Credit:                      Getty Images / Paulaphoto                                             Imagine Indeed and ZipRecruiter as two virtual job boards that receives thousands of new job postings daily which vary by industry, experience level, location, and salary.
 

Are temporary jobs worth the effort?

Contract or temporary work can be a smart strategic move. While they offer flexibility, weighing the pros and cons before deciding is essential.

001 2024 Chevrolet Silverado ZR2
 

Is it worth an extra $300 to use Google Maps? Probably not.

After a yearlong review of the Chevy Silverado, we've formed a few opinions about GM's Google integration.

SAS Link's Embraer E195 aircraft lands at Kastrup Airport, as pilots of Scandinavian Airlines go on strike, in Kastrup, Denmark July 4, 2022.
 

Flight diverted after mouse found onboard in passenger's in-flight meal

A Scandinavian Airlines flight from Norway to Spain had to be diverted after a mouse climbed out of an in-flight meal.

Tara Bruckner of Chilton, Wisconsin, shown shopping while on a trip in Wyoming, has already started her holiday shopping.
 

More than half of holiday shoppers surveyed don't plan to spend more

The effects of inflation have holiday shoppers on edge this buying season, a Gartner study says.

A stock specialist works at a trading post on the floor of the New York Stock Exchange (NYSE) November 23, 2010 after the opening bell.  US stocks fell Tuesday as traders fretted over a spike in tensions in the Korean peninsula and turmoil in Ireland after its bailout plan. The blue-chip Dow Jones Industrial Average slipped 43.37 points (0.39 percent) to 11,35.21 in opening trades. The S&P 500 index, a broader   measure of the market, lost 8.81 points (0.83 percent) to 1,187.87. The tech-rich Nasdaq was down 28.01 points (1.11 percent) to 2,503.66 even after the world's biggest computer maker Hewlett-Packard delivered better than expected earnings. AFP PHOTO/Stan Honda (Photo credit should read STAN HONDA/AFP/Getty Images) ORIG FILE ID: US-STOCKS-NYSE
 

Will Fed rate cuts keep powering the stock market higher?

The Fed's interest rate cuts should continue to fuel the stock market as long as the economy avoids recession, experts say. But stocks are overvalued.

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