Subsidizing Higher Education Is Not Creating Widespread External Benefits

MP's "Strong" Quarter: Accelerated Production, Long-Term Agreements With Major Tech Companies MP Materials Corp. reported fourth quarter revenue of $52.7 million and net income of $9.4 million, or $0.05 per diluted share, yesterday reflecting a sharp year-over-year improvement driven largely by price floor protection under its agreement with the U.S. Department of War. Full year revenue rose 10% to $224.4 million as the company ramped separated product output and began generating magnetic precursor sales.  MP said in a press release yesterday that operationally, 2025 marked a step-change in upstream and midstream execution. MP...

Schiff: This War Is "Going To Cost A Lot Of Money We Don't Have" Last night, ZeroHedge hosted investor Peter Schiff and Rabobank's Michael Every to debate the question: Will the war in Iran accelerate the U.S. dollar’s collapse or is it a geopolitical chess move that could strengthen its hegemony? Moderated by Cornell professor Dave Collum, Schiff - based in Austrian economics - argued that the war will do nothing but harm the American economy via higher prices and interest rates, while the dollar weakens. Every believes Trump can pull a...

Biden-Appointed Judge Tosses DOJ Lawsuit Challenging Minnesota's In-State Tuition For Illegal Immigrants Authored by Jill McLaughlin via The Epoch Times, A district court judge tossed out the Trump administration’s lawsuit on March 27 against Minnesota laws that allow illegal immigrants to pay in-state tuition rates, or in some cases waive tuition, for college and university classes, ruling that the state law doesn’t violate federal law. United States District Judge Katherine Menendez, appointed in 2021 by President Biden, granted the state’s motion to dismiss the Department of Justice’s (DOJ) lawsuit, filed on June 25,...