Latest news with #Georgetown
USA Today
4 hours ago
- Sport
- USA Today
Another trio of prospects undergo pre-draft workout with Warriors
Chase Center has been busy as a flurry of different draft prospects have made their way through San Francisco for pre-draft workouts with the Golden State Warriors. Before Mike Dunleavy Jr. and Steve Kerr are on the clock with the No. 41 selection in the 2025 edition of the draft, the Warriors have been doing their homework on different prospects with pre-draft workouts. The latest group of prospects to travel to Chase Center was headlined by 2025 NCAA scoring lead, Eric Dixon. The Villanova big man was joined by Georgetown's Micah Peavy, Kentucky's Jaxson Robinson and Temple's Steve Settle III, according to Sam Gordon the San Francisco Chronicle. Dixon, the 6-foot-8 forward, led the nation in scoring with 23.3 points on 45.1% shooting from the field and 40.7% shooting from deep to go along with 5.1 rebounds and 1.9 assists. Dixon tallied 30 or more points in five different games for the Wildcats last season, including a 38-point explosion against Maryland. Dixon was named to the All-Big East team in three straight seasons, including 2025, where he was also voted a third-team AP All-American. Peavy, a 6-foot-7 guard, played five seasons of college basketball with stops at Texas Tech, TCU and Georgetown. Peavy earned All-Big East honors with Georgetown, averaging 17.2 points on 48.1% shooting from the field and 40% shooting from deep to go along with 5.8 rebounds, 3.6 assists and 2.3 steals per game. Robinson played at Texas A&M, Arkansas, BYU and Kentucky in his college career. Robinson's final season in Lexington was cut short due to a wrist injury. Prior to his injury, Robinson averaged 13 points on 43.2% shooting from the fieldand 37.6% from deep to go along with 3.5 rebounds and 1.7 assists per game. After three seasons at Howard, Settle played the final two seasons of his career at Temple. The 6-foot-10 forward averaging 12.6 points and 6.2 boards in his final season for the Owls. The NBA draft is set to begin on June 25 in Brooklyn. The Warriors are slated to hit the clock in the second round on June 26. This post originally appeared on Warriors Wire! Follow us on Facebook and Twitter!
Daily Telegraph
2 days ago
- Business
- Daily Telegraph
Donald Trump Jr set to open private club with $768k fee
President Donald Trump's eldest son, Don Trump Jr, is launching a new private members club that will cater to the wealthiest supporters of his father's administration. Named 'Executive Branch,' the invite-only venue in Washington, DC's Georgetown neighbourhood will charge members a $US500,000 ($A768,000) joining fee as well as annual dues, which have not yet been revealed publicly, Realtor reports. Speaking to The Washington Post, Don Jr's business partner in the venture, Omeed Malik, revealed the aim of the club is to provide a space that is 'friendly to Republicans,' something the founders believe will fill a large gap in the market. 'During the 2024 campaign, many of us developed deep friendships and wanted to be able to catch up when our paths crossed in DC,' he explained. 'There aren't a plethora of options that are friendly to Republicans — examples of that abound — and we needed a space where friends can converse without worrying about their conversations showing up in the press the next day.' MORE: Shane Jacobson's big new pub plan Skipping Girl's multimillion-dollar makeover Why these iconic Vic pubs are up for sale The outlet notes the club will offer a 'health-conscious menu' with 'nods' to RFK Jr's Make American Healthy Again initiative. In other words, beef tallow will abound, but seed oils will likely be checked at the door. There will be an array of American dishes on the menu — as well as Mediterranean and Japanese-inspired options — with plenty of cocktails and high-end wines included in the offerings. Memberships will be tiered, per CNBC, and only 200 were made available in the first round, which had already led to a lengthy waiting list as of the end of April, the outlet reported. Among the founding members are a number of well-known characters, including crypto entrepreneurs Tyler and Cameron Winklevoss, tech investor David Sacks, and venture capitalist Chamath Palihapitiya. Only a select group of individuals were given the opportunity to become founding members or provided with a chance to join the highest (and most expensive) tier of memberships; however, other, lower-cost options are available, with fees ranging in the 'low six figures,' The Washington Post reported. According to Mr Malik, the aim is to create a truly luxurious experience for members — one that rivals some of the finest private establishments in the world — such as No. 5 Hertford St in London or Carriage House in Palm Beach. '[We wanted] a high-end experience comparable to the finest social clubs in the world,' he said, before questioning: 'Why shouldn't our nation's capital have a luxury venue like other major metropolitan cities?' Parts of this story first appeared in Realtor and was republished with permission. Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox. MORE: Buyers eyeing forgotten Melb Woolies store Ex-Tiger star eyeing $5m+ deal MCC boss' secret $2m Melb mancave revealed
News.com.au
2 days ago
- Business
- News.com.au
Donald Trump Jr set to open private club with $768k fee
President Donald Trump's eldest son, Don Trump Jr, is launching a new private members club that will cater to the wealthiest supporters of his father's administration. Named 'Executive Branch,' the invite-only venue in Washington, DC's Georgetown neighbourhood will charge members a $US500,000 ($A768,000) joining fee as well as annual dues, which have not yet been revealed publicly, Realtor reports. Speaking to The Washington Post, Don Jr's business partner in the venture, Omeed Malik, revealed the aim of the club is to provide a space that is 'friendly to Republicans,' something the founders believe will fill a large gap in the market. 'During the 2024 campaign, many of us developed deep friendships and wanted to be able to catch up when our paths crossed in DC,' he explained. 'There aren't a plethora of options that are friendly to Republicans — examples of that abound — and we needed a space where friends can converse without worrying about their conversations showing up in the press the next day.' The outlet notes the club will offer a 'health-conscious menu' with 'nods' to RFK Jr's Make American Healthy Again initiative. In other words, beef tallow will abound, but seed oils will likely be checked at the door. There will be an array of American dishes on the menu — as well as Mediterranean and Japanese-inspired options — with plenty of cocktails and high-end wines included in the offerings. Memberships will be tiered, per CNBC, and only 200 were made available in the first round, which had already led to a lengthy waiting list as of the end of April, the outlet reported. Among the founding members are a number of well-known characters, including crypto entrepreneurs Tyler and Cameron Winklevoss, tech investor David Sacks, and venture capitalist Chamath Palihapitiya. Only a select group of individuals were given the opportunity to become founding members or provided with a chance to join the highest (and most expensive) tier of memberships; however, other, lower-cost options are available, with fees ranging in the 'low six figures,' The Washington Post reported. According to Mr Malik, the aim is to create a truly luxurious experience for members — one that rivals some of the finest private establishments in the world — such as No. 5 Hertford St in London or Carriage House in Palm Beach. '[We wanted] a high-end experience comparable to the finest social clubs in the world,' he said, before questioning: 'Why shouldn't our nation's capital have a luxury venue like other major metropolitan cities?'
Axios
3 days ago
- Business
- Axios
Tariffs drive some health plans to hike premiums
Health insurers are starting to notify states that tariffs will drive up the premiums they plan to charge individual and small group market enrollees next year. Why it matters: The Trump administration's trade policy is adding another layer of uncertainty for health costs as Congress considers Medicaid cuts and is expected to sunset enhanced subsidies for Affordable Care Act coverage. "There are sort of a perfect storm of factors that are driving prices up," said Sabrina Corlette, research professor at Georgetown's Center on Health Insurance Reforms. The big picture: Health insurers calculate monthly premiums in advance of each year based on the expected price of goods and services and projected demand for them. Tariffs announced by President Trump are expected to drive up the cost of prescription drugs, medical devices and other medical products and services. Some of that difference ultimately would be passed down to enrollees. Where it stands: A handful of health insurers administering individual and small group plans have already explicitly told state regulators that tariffs are forcing plans to raise enrollee premiums more than they otherwise would next year, KFF policy analyst Matt McGough wrote in an analysis published Monday. Independent Health Benefits Corporation told New York regulators in a filing last month that it plans to raise premiums for its individual market enrollees 38.4% next year. About 3% of that is directly due to tariffs, based on projections of how much they'll increase drug prices and the use of imported drugs, Frank Sava, a spokesperson for Independent Health, told Axios. Similarly, UnitedHealthcare of Oregon said in a filing that nearly 3% of its planned 19.8% premium increase for small group enrollees next year is due to uncertainty around tariffs, particularly on how they'll affect pharmaceutical prices. Insurers "don't have any historical precedent or data to project what this is going to mean for their business and health costs," McGough said to Axios. "I think it really makes sense that they're trying to hedge their bets." Trump hasn't implemented sector-specific tariffs on pharmaceuticals yet but told reporters Monday that they'd come "very soon." Insurers typically sign multiyear reimbursement contracts with hospitals, but hospitals could ask to renegotiate if their costs skyrocket because of tariffs, Corlette said. Insurers can't change their premiums throughout the year. But if health plans do overshoot their premium estimates in rate filings, they have to pay enrollees back the difference in rebates. While there may be a competitive advantage to keeping premiums lower, there isn't really a way for insurers to make up for extra unplanned costs after the fact. Yes, but: Some insurers indicated that while they're keeping a close eye on tariff-related impacts, they aren't baking them into their premium rates yet. "There is uncertainty around inflation and the economy due to possible tariffs however we did [not] put anything for this in this filing," Kaiser Foundation Health Plan of the Northwest's report to Oregon reads. State regulators can also push back on insurers' premium calculations before they're finalized, McGough noted. What we're watching: While some states have earlier deadlines, insurers have to submit their 2026 ACA marketplace plan rates to the federal regulators by July 16, and proposed rates will be posted by August 1.
Forbes
3 days ago
- Business
- Forbes
The OPM Mirage: How Online Program Managers Are Eroding Higher Education From Within
Close-up of a mortarboard and degree certificate put on the table. Education stock photo As an educator, I am inundated with daily ads for Georgetown's Professional Masters Programs. They are extensive and they are expensive. They are designed for mid-career professionals looking for training either in their present field or beginning a new one. There are four areas of study. 'Business and Management' has the most degree options, including 'Higher Ed Administration', 'Project Management', and 'Supply Change Management' among others. Technology and Security' has degree offerings in 'Cybersecurity Risk Management' and 'Emergency and Disaster Management' Other areas include Marketing and Communications and Real Estate. Students at Georgetown can access the courses on-line, on-campus or through something called 'executive format.' They all cost around $50,000 and take 2-5 years to complete. I don't know if I could have put together a more thorough and comprehensive list of offerings of training to address the needs of administrative and management professionals in the 21st century. Yet, as Georgetown University aggressively expands its professional master's degrees through OPM giants like 2U, it's worth asking: Are students get what they pay for for on-line programs managed by OPM's OPMs are often presented as mutual collaborators, sharing risk with universities to launch online programs. But this ignores their extractive financial models. OPMs typically take 50–60% of tuition revenue in exchange for upfront marketing and tech investments—a deal that siphons resources away from educational quality. As Ryan Craig notes in Forbe's article "Mastercrash", this revenue-sharing creates perverse incentives: OPMs prioritize enrollment growth over student outcomes. Many of the degrees are in lower paying non-profit professions where the ROI is limited. As reported by Lisa Bannon and Andrea Fuller in a 2021 WSJ article , universities like USC face lawsuits alleging their $115,000 online social work master's—bankrolled by 2U—misled students about career prospects. When OPMs control recruitment, curriculum, and delivery, universities abdicate their educational mission. As I wrote in "The Master's Degree Ripoff", many programs—especially in emerging fields like data science—are designed by OPMs to maximize enrollments. Some OPMs may be expanding access to non-traditional learners, but not without significant cost. These companies target precisely the students most susceptible to debt traps: working adults seeking career advancement. As Marc Bousquet argues in "The Great Master's Degree Swindle", OPMs exploit the "credential arms race," pushing degrees with dubious ROI. In Kevin Carey's article in the Huff Post, The Capitalist Takeover of College, institutions like Walden University (run by OPM Adtalem), graduate from low-value programs and face loan default rates up to 20% . As Lauren Coffey notes in Inside Higher Ed, on-line college enrollment continues to decline to pre-pandemic levels. Universities have begun to reclaim their on-line course as Arizona State and Southern New Hampshire have done. Regulatory enforcement of the 50% rule and prosecuting deceptive marketing—are essential. It is hard to hold the OPM's accountable, for they are providing what the colleges are seeking: Using their brand to extract as much tuition revenue as possible at the lowest cost without a high focus on the expected ROI. Universities are trading their academic reputation for short-term revenue. These on-line masters programs are clearly quite distinct from their traditional masters degrees. Colleges with strong name recognition use this to be able to charge similar tuition and fees for on-line programs as traditional brick-and-mortar courses, at a fraction of the cost. Until schools break this Faustian bargain, the higher education 'ripoff' will continue.
