Marketplace Morning Report for Tuesday, June 9, 2015
Jun 9, 2015

Marketplace Morning Report for Tuesday, June 9, 2015

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Airing on Tuesday, June 9, 2015: The U.S. Department of Education has announced that it will forgive the debt of thousands of Corinthian College students—the institution that closed or sold its campuses after the government found evidence of predatory recruiting and falsified placement rates. Plus, amid a huge national push to get more low-income high school graduates to go to college, there’s a growing recognition that, for many students, short-term certifications or trade school may be a better fit. We check in with Oyler School in Cincinnati, where the annual “college day” has adapted to promote other paths to success. And Taobao, a subsidiary of the Chinese e-commerce giant Alibaba is sponsoring same-sex couples who will come to the U.S. to wed. We analyze the business strategy at work—what is risked and what is gained by serving a market that is large but marginalized in China.

 

 

Segments From this episode

When disaster aid gets eaten up by money transfer fees

Jun 9, 2015
How waiving remittance fees to countries like Nepal works as an act of charity.

Companies face calls for separate CEO and board chair

Jun 9, 2015
At today's shareholder meeting, investors may learn the fate of the proposal.

Marketing to the Chinese LGBT community

Jun 9, 2015
A subsidiary of Alibaba is sponsoring same-sex couples coming to the U.S. to wed.

College is only one option after Oyler School

Jun 9, 2015
The school has worked towards a college-going culture. But it isn't always the right fit.
Students in front of Oyler School in Cincinnati.
Glenn Hartong

PODCAST: Cutting remittance fees in times of need

Jun 9, 2015
GM and Fiat Chrysler, the latest JOLTS report, and cutting remittance fees.

Corinthian students get a break on their student loans

Jun 9, 2015
The Department of Education will forgive the federal loans many students who attended.

Airing on Tuesday, June 9, 2015: The U.S. Department of Education has announced that it will forgive the debt of thousands of Corinthian College students—the institution that closed or sold its campuses after the government found evidence of predatory recruiting and falsified placement rates. Plus, amid a huge national push to get more low-income high school graduates to go to college, there’s a growing recognition that, for many students, short-term certifications or trade school may be a better fit. We check in with Oyler School in Cincinnati, where the annual “college day” has adapted to promote other paths to success. And Taobao, a subsidiary of the Chinese e-commerce giant Alibaba is sponsoring same-sex couples who will come to the U.S. to wed. We analyze the business strategy at work—what is risked and what is gained by serving a market that is large but marginalized in China.

 

 

The team

Stephen Ryan Producer, BBC