Prompted by Northeastern President Joseph E. Aoun’s recent letter urging Defense Secretary Chuck Hagel to reinstate military tuition assistance for active duty students, the Massachusetts congressional delegation joined forces to push for the same. U.S. Rep. Joseph. P. Kennedy III, D-Mass., spearheaded the delegation’s effort to support Northeastern’s leadership on this issue. In…
Northeastern officials do not expect the shutdown to have an effect on the university’s financial aid program, though opportunities for federally-supported research may be impacted.
Treasury Secretary Timothy Geitner says Congress has until August 2nd to approve an increase in the federal debt limit — enabling the Treasury to borrow more money — or the U.S. government will not be able to meet all of its financial obligations. Here, Northeastern finance and economics instructor Richard Goettle discusses what could happen to the economy if Congress and the White House fail to find common ground.