News from July 29 – Aug 11

Sometimes it's hard to stay up to date on the latest news, so here's a quick recap of some important events that occurred from July 29 - Aug 11.

Grab a recap of the news.

Much has happened in the news over the past two weeks, and if you were unable to witness it all in real-time, luckily we’ve got you covered. Here are some of the top news stories on a local, national, and international scale summed up for a quick and easy read.

July 29 – Forbes Ranks Montclair State University #488 Among 650 of America’s Top Colleges of 2015. On their annual list that was compiled for the eighth time this year, Forbes partnered with the Center for College Affordability and Productivity (CCAP) to rank this year’s top colleges in America. Their reasoning for which colleges to choose is explained in this breakdown of their ranking system, stating, “We’re not all that interested in what gets a student into college, like our peers who focus heavily on selectivity metrics such as high school class rank, SAT scores and the like. Our sights are set directly on ROI: What are students getting out of college?” Their ranking was divided into five categories: Student Satisfaction (25 percent), Post-Graduate Success (32.5 percent), Student Debt (25 percent), Graduation Rate (7.5 percent) and Academic Success (10 percent). Many American colleges and universities do not even make the list, however MSU placed 488 among 650, and is number 10 of the New Jersey colleges on the list.

Aug. 6 – Republican Presidential Runners Have First GOP Debate of 2016 Election in Cleveland, Ohio. Starting Thursday evening, 17 total Republican candidates faced off in two individual debates. The 10 highest polling runners (those including Jeb Bush, Ben Carson, Donald Trump and Marco Rubio) faced off at 9 p.m., while the other seven took part in a smaller debate earlier at 5 p.m. The event was aired on Fox News, and revealed some interesting numbers. According to Huffington Post, the first debate resulted in a landslide winner: Carly Fiorina. 66 percent of GOP voters and debate-watchers named her winner, while second place followed with a mere six percent granted to Rick Perry. The second, larger debate revealed Marco Rubio as winner with 23 percent of GOP voters/debate-watchers crowning him. Second place went to Donald Trump, coming in with 15 percent of votes. Huffington Post concisely sums up the importance of these numbers: “While a good debate performance is unlikely to clear anyone a path to the nomination next year, it could provide a boost in the polls for some candidates.”

YUAN Chinese Currency FALLING
© Luzav10 | Dreamstime Stock Photos

Aug. 11 – China Devalues Their Currency While Facing Poor Economy. China has devalued the yuan, stating it was part of a “free-market reform,” but some are suspecting it to be the start of a long-term exchange rate slide. Huffington Post states, “The central bank set its official guidance rate down nearly 2 percent to 6.2298 yuan per dollar – its lowest point in almost three years – in what it said was a change in methodology to make it more responsive to market forces.” China is currently the world’s second largest economy, but over the past year it’s economic growth has slowed significantly, and is set to hit a 25-year low. This change in currency may help to relieve deflationary pressure. However, one thing is certain: now would not be the best time to take a trip to the Great Wall.

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