Tag Archives: parent

Zara parent company closes all stores in Russia

Global fashion company Inditex, the parent company of Zara, announced on Saturday it was closing all shops in Russia amid the country’s ongoing invasion of Ukraine.

The decision means the closure of 502 shops in Russia and a halt to all online sales in the country, Inditex told Reuters in a statement.

“In the current circumstances Inditex cannot guarantee the continuity of the operations and commercial conditions in the Russian Federation and temporarily suspends its activity,” the company said in the statement.

The company has about 9,000 employees who will be impacted by the closures, but the company said it had a support plan for the workers, Reuters reported.

Inditex also previously temporarily closed about 79 stores in Ukraine.

The Spanish fashion retailer is following big name brands that are closing up shop in Russia or cutting ties with the country, including rival H&M, Reuters noted.

Also on Saturday, PayPal said it would shut down its services and Samsung announced it was suspending shipments, BBC reported.

 



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Facebook’s Parent Plans to Restrict Access to Russian State-Controlled Media

Facebook parent Meta Platforms Inc. said Monday it would restrict access to Russian state-controlled media RT and Sputnik through its services across the European Union.

“We have received requests from a number of governments and the EU to take further steps in relation to Russian state-controlled media,” Nick Clegg, Meta president of global affairs, wrote in a tweet. “Given the exceptional nature of the current situation, we will be restricting access to RT and Sputnik across the EU at this time.”

This is the latest step by the social-media company to limit Russia’s reach on its platform after the country’s invasion of Ukraine. On Friday, Meta said it would block Russian state media from running advertisements or making money from ads shown on its platform.

Russia had said earlier on Friday that it was restricting access to Facebook in the country, saying the social-media platform had moved to block four state media outlets.

Mr. Clegg said in a tweet on Friday that Russia had demanded that it stop fact-checking content by the outlets.



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Cramer sees post-Covid staying power for Etsy, Cash App parent Block

Etsy and Block are Covid-era winners that will continue to thrive even after the pandemic, CNBC’s Jim Cramer contended on Friday.

“You need to understand just how special these stocks are,” the “Mad Money” host said. “While they can have some huge swings, once the volatility’s over, I bet they won’t easily give back their gains.”

Etsy shares soared 16% Friday after the e-commerce marketplace provider reported better-than-expected earnings and revenue Thursday. Even with Friday’s big move, the stock is down nearly 50% over the past three months. The steep decline came as Wall Street rotated into more defensive parts of the stock market and as investors questioned the staying power of pandemic success stories.

Shares of Block, formerly known as Square, skyrocketed 26% Friday after beating Wall Street expectations on earnings and revenue for its fourth quarter. The company also released a rosy outlook for the current quarter and full-year based on the growth of its mobile payment service, Cash App.

Like Etsy’s, Block’s stock has been crushed in recent months. It’s still down more than 40% over the past three months, despite Friday’s gains.

Cramer, who previously warned that many companies aren’t ready for a post-pandemic world, said that the payment giant is “firing on all cylinders” and praised Cash App as “brilliant.” 

As for Etsy, Cramer said the e-commerce shopping platform’s growth internationally, evidenced by its recent increase in transaction fees from 5% to 6.5%, signals a path to success even after the pandemic. “Because of Etsy’s unique nature as the No. 1 marketplace for handcrafted goods, I doubt there will be any resistance,” he added.

Cramer also named DoorDash and Airbnb as other Covid-era winners that he believes will continue to succeed post-pandemic.

Sign up now for the CNBC Investing Club to follow Jim Cramer’s every move in the market.

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What the Stock Split by Google’s Parent, Alphabet, Means

Google parent

Alphabet Inc.

GOOG 6.46%

said on Feb. 1 that it will enact a 20-for-1 stock split, giving shareholders 19 more shares for every one they own. 

Stock splits had fallen out of favor over the last two decades. But since the pandemic

Apple Inc.,

Tesla Inc.

and now Alphabet have revived the practice in an effort to make their shares more affordable for individual investors.

Alphabet announced the split with its latest quarterly earnings, which sent shares up 9% in early trading Wednesday.

What does this mean for investors? 

Alphabet shareholders as of July 1 will receive 19 additional shares on July 15 for every share they hold. Trading will begin on a split-adjusted basis on July 18. 

The split will cover all three classes of Alphabet stock. Were the split to happen as of Tuesday’s close, Class A and Class C shares would trade at roughly $137 apiece, down from about $2,750 as of Tuesday’s close. Class B shares aren’t publicly traded. 

What does this mean for the company? 

Alphabet’s shares rose 65% last year, a third straight double-digit annual gain.

On Feb. 1, Alphabet said it nearly doubled profit over 2021. But expectations that the Federal Reserve will raise interest rates as soon as next month led to a January market retreat that marked the worst month for stocks since the first month of the pandemic. Alphabet has held up better than many, but shares are still down 5% following four rough weeks of trading. 

Does the split make Alphabet more valuable?

No. Splits don’t affect the value of an investor’s holdings. A lower per-share price is matched by a higher number of shares.

What does this mean for the stock market? 

Stock splits don’t tend to have a significant impact on share prices over time, and they don’t tend to have much effect on the broader market either. 

GOOG vs. GOOGL: What’s the Difference?

The split applies to all three classes of Alphabet stock. Class A common shares have been available to investors since Alphabet went public in 2004. They currently trade under ticker GOOGL.

The company’s Class B stock is held by company insiders and these shares aren’t publicly traded. They hold 10 times the voting power of Class A shares. 

Another class of nonvoting shares known as Class C trades under ticker GOOG. They largely trade in line with the common shares—the spread between the two is currently less than 25 cents—though at times the spread has widened to as much as $10 a share. 

Has Alphabet split its stock before? 

Alphabet last split its stock in 2014, giving investors one additional share for every one they owned. 

what to know about recent stock splits

Write to Michael Wursthorn at michael.wursthorn@wsj.com

Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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11 Questions Every Parent Seems To Have

As we head into year three of the COVID-19 pandemic, the updates and recommendations for how to stay safe from COVID, particularly for children, seem to be evolving as fast as a new variant in an unvaccinated population. (Sorry, pandemic humor.)

In all seriousness, as Omicron surges, the new guidance for children’s vaccines, boosters, masking, and school safety are moving so quickly it’s hard for parents and caregivers to keep up.

The result is often pandemic-related confusion: Are cloth masks enough? When is it safe for kids to return to school based on symptoms and testing? Is COVID really as bad or worse than familiar childhood ailments like the flu and RSV? And, most importantly, do I really need to test my child for COVID every time they get a sniffle?

If you’re sick of asking people in the group chat or on the playground (and getting very strong and likely incorrect opinions), we asked some real experts for the answers to common questions.

Here’s what they had to say:

What are the COVID symptoms in children?

Children generally have symptoms just like adults, including a cough, fever, a runny nose, and sore throat. The latest development is that kids with COVID can often have croup, which causes a distinctive cough, hoarseness, and labored breathing.

“For many of the young kids I have been seeing, they present with croup,” said Dr. Jennifer Shu, an Atlanta-based pediatrician.

Sometimes the only symptoms in babies are fussiness and increased crying because COVID can make them achy and uncomfortable. “The baby may be crying and you can’t pinpoint a reason for it,” she said.

Children also get a loss of taste and smell, just like adults, but they may have more trouble articulating that than an adult would, said Dr. Dean Blumberg, chief of pediatric infectious diseases at UC Davis Children’s Hospital. In general, kids tend to have a less severe illness than adults.

How is Omicron affecting children?

Unfortunately, hospitalizations are on the rise for children, including babies and toddlers too young to be vaccinated.

In fact, hospitalizations are at the highest point since the start of the pandemic, according to CDC Director Rochelle Walensky.

My kid always has a runny nose, especially in winter. Do I need to get them tested every time they’re stuffed up?

Testing every kid for COVID every day is “just not practical,” said George Rutherford, a professor of pediatrics and epidemiology at the University of California, San Francisco. He doesn’t think children need to be tested for every runny nose unless they have an exposure or symptoms of “more severe upper respiratory infections.”

Blumberg agreed and said when it comes to testing kids, it’s more important to focus on new symptoms; a child might have a runny nose due to allergies or something else.

“If you don’t think there is anything out of the ordinary with your child, then you don’t have to test because of symptoms such as a runny nose,” he said.

However, Shu recommends that given the current state of the pandemic, it’s a good idea to err on the side of caution and test children.

“We are seeing so much COVID compared to other cold viruses, even higher than flu in my area,” she said. “The vast majority of viruses I’m seeing are COVID.”

She added, “There’s a ton. COVID can look like any other respiratory illness.”

How accurate are rapid tests for young children under the age of 5?

Rutherford said there doesn’t appear to be any difference in how they perform for children versus adults. Rapid tests should work even when used in babies, experts told us.

That said, false negatives are common in rapid COVID tests early in an infection. You may need to retest after a negative result, particularly if a child has respiratory symptoms.

“The timing can be tricky,” Shu said. “If you don’t catch it on the right day where there’s enough virus to trigger that test to turn positive, it’s going to be a false negative.”

A positive result on a rapid antigen test is much more reliable in general (meaning if the result is positive, your child almost certainly has COVID if they also have symptoms), although following up with a PCR test to confirm is recommended.

How strong is the evidence that kids in preschool or at any age should be wearing masks?

The evidence for masking in preschool “is strong,” Rutherford said, as long as the child is over 2 years old, since they can be a suffocation risk for younger children. The data doesn’t come directly from preschools, but Rutherford said there’s “really good” evidence for the effectiveness of masks in elementary schools, and there’s no reason to think preschools would be different.

Blumberg said surgical masks provide 60%–70% protection, and he prefers those over cloth masks, which are less standardized. (Any mask is better than no mask.)

When Shu is choosing a surgical mask, she looks for one with an ASTM level 3 certification that is 3- or 4-ply, which tends to offer the best protection. Your child can use a medical mask and a cloth mask over it to be extra safe, or they can wear a KN95 or N95 mask if they can tolerate it.

While N95s come in smaller sizes and can be worn by children, they can be harder to breathe though, and it’s important to find a mask that fits well and that a child will actually wear.

“If they aren’t comfortable wearing it, they won’t wear it at all,” Blumberg said. Parents of children who are immunocompromised may prefer the greater protection that comes with an N95; some people, he added, buy several kinds to find one their child is comfortable with.

Kids often adapt to mask-wearing (and wearing them correctly) better than adults, he said. Letting kids choose and decorate masks can increase the chances that they will wear them.

Children may also play with the masks, get them wet by biting or chewing on them, or grow out of them more quickly than you’d think, Shu said, so it’s important to swap them out as necessary.

Some schools/preschools let kids come in with a negative rapid test, even when they have minor cold symptoms. Others require no symptoms for 24 hours and a negative PCR. Which policy makes more sense?

“You don’t want colds passed around schools either, right?” Rutherford said. “But on the other hand, one of the reasons we have preschools is so parents can go work. That’s a benefit of it. And if you send them home every time they sneeze, you’re going to have a lot of unhappy parents.”

Rutherford said it makes sense for schools to continue to follow whatever pre-COVID sickness policies they had in place, with an added layer of COVID testing for children with more severe upper respiratory symptoms. But he said this testing should be rapid, not PCR, which usually takes multiple days to deliver results.

Blumberg said it’s “understandable” that schools would prefer that children who are having symptoms, like coughing, to stay home until they are better.

“Schools may be extra sensitive to respiratory symptoms, even in a setting of a negative test,” Blumberg said. “It just makes everyone uncomfortable to be around somebody who is coughing or sneezing in the age of COVID.”

Shu recommends sticking to CDC guidelines if a child does test positive for COVID.

The CDC recommends that kids who test positive stay out of school for 10 days, which is a stricter guideline than for adults. The agency recently shortened the isolation period to 5 days for adults who are asymptomatic, followed by five more days of mask-wearing.

It’s a different story for kids, who are at school all day and have to take their masks off to eat lunch, exercise in gym class, and for other reasons.

“It’s not like they can continue to stay masked for the second five days of that 10-day isolation,” Shu said.

How long does COVID last in kids?

In general, COVD symptoms in children can range from very mild or nonexistent to more severe, such as a high fever or chest pain, which may necessitate a hospital visit for oxygen, depending on other risk factors and whether they are vaccinated.

The symptoms can last as short as one day, Shu said, but usually, it’s about a week or sometimes even longer.

“A lot of my patients are having a cough linger for three to four weeks,” Shu said.

How worried should I be about my young kid getting long COVID?

More research still needs to be done to determine how often children — especially the youngest ones — get long COVID, which can make people sick for months.

Long COVID, which can include memory and sleep problems, fatigue, and shortness of breath, is more common in adults than children. And it’s more common in older children and teens than younger kids.

About 20% to 40% of teens who get infected may develop long COVID, said Blumberg. “In younger children, it’s less, but we don’t have good numbers on that.”

However, the symptoms are similar in children and can include fatigue and difficulty sleeping.

“Older children will describe fuzzy thinking, that they are just not able to think clearly or they might have memory issues,” Blumberg said. “Those are the kind of long COVID symptoms we have been seeing in children.”

Shu has an 11-year-old patient who got COVID early in the pandemic and lost his sense of smell and taste for over a year.

Other children may not be able to be as active in sports as in the past due to chest pain, breathing problems, and shortness of breath, she said.

Where does COVID-19 fall on the scale of severity for childhood diseases? Is it more or less serious than the flu or RSV?

About 100 to 150 children die each year in the US from the flu, and 100 to 500 from the respiratory syncytial virus (RSV). In comparison, more than 800 children have died of COVID in the US since the start of the pandemic. About 7.9 million children in the US, or more than one in 10, have tested positive for COVID.

In 2020, COVID was the seventh-leading cause of death in children in the US.

“So it’s worse than RSV and worse than influenza,” Blumberg said. Part of the reason that the mortality rate is so high with COVID is that no one in the population had any immunity to this new virus.

As more children get vaccinated for COVID (as we do for other diseases) or are exposed to the virus, hopefully, fewer children will get severely sick and die, he said.

“Getting vaccinated is the safest thing for children,” he said.

Is the COVID vaccine safe for kids?

Yes, it’s considered very safe. No children have died due to vaccination, unlike COVID, which as we said can be potentially life-threatening.

More than 9 billion doses of vaccine have been given worldwide, so there’s a “proven track record,” Shu said, but only about 23% of children 5 to 11 have been fully vaccinated, and about 62% of children 12 to 17. The vaccine is now approved for children 5 and older, and kids 12 and older can get vaccinated and a booster.

“I am disappointed that the numbers are so low,” she said. Many children who are eligible are not getting vaccinated.

“Any loss of a child’s life is tragic, so why not try to avoid that?” said Shu, who is a spokesperson for the American Academy of Pediatrics. “I often have people say in hindsight Gosh, I wish I had gotten the vaccine. I’ve never had someone say, Gosh, I wish I hadn’t gotten the vaccine.”

How can you best protect babies and children who are too young to get vaccinated or wear masks?

As we said, masks aren’t appropriate for children under 2, and kids under 5 can’t get vaccinated.

Most newborns will have some protection if their mothers have been vaccinated or infected.

Vaccination is highly recommended for people who are pregnant due to the high risk of COVID complications in pregnancy as well as the ability to generate antibodies that can be passed to the fetus.

“I don’t think infants are susceptible until after six months of life, because they get a lot of maternal antibody transplacentally and through breast milk,” Rutherford said. “Now, after seven months, eight, nine months, as maternal antibodies start to wane, we know of cases in young children, but they’re not common at all.”

The best way to protect youngsters is to make sure the people around them wear masks, are vaccinated, and have had their boosters.

“Surrounding the baby with a ‘bubble’ of people who are vaccinated is a great first step,” said Dr. Danielle Zerr, head of pediatric infectious diseases at Seattle Children’s Hospital in an email. “In addition, depending on community transmission rates, other steps would include avoiding crowds (especially indoors), limiting close interaction to just the important people in your life who are vaccinated, and avoiding contact with symptomatic people.”

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A Black girl was arrested at school in Hawaii over a drawing that upset a parent

In response to the incident, the ACLU sent a letter Monday to the Honolulu Police Department, the state Department of Education and the state attorney general’s office asking them to adopt policy changes, expunge all records of the arrest, and to pay $500,000 in damages for “harm and suffering” caused by their agencies.

In January 2020, a parent called the Honowai Elementary School in Honolulu to complain about the drawing made by the girl and demanded the staff call police, the ACLU said.

When police arrived, the girl, who was only identified as “N.B,” was “handcuffed with excessive force and taken to the police station,” the ACLU said.

The girl’s mother, Tamara Taylor, said she was called to the school, but she was not allowed to see her daughter or informed that the girl was “handcuffed in front of staff and her peers, placed into a squad car and taken away.”

“I was stripped of my rights as a parent and my daughter was stripped of her right to protection and representation as a minor. There was no understanding of diversity, African-American culture and the history of police involvement with African-American youth. My daughter and I are traumatized from these events and I’m disheartened to know that this day will live with my daughter forever,” Taylor said in a statement shared by the ACLU on her behalf.

The Honolulu Police Department told CNN on Tuesday it was “reviewing the letter and will be working with Corporation Counsel to address these allegations.”

A spokesperson for the Hawaii DOE said the agency did not have a comment at this time.

In the letter, the ACLU said the girl had “allegedly participated in drawing an offensive sketch of a student in response to that student bullying her.”

In the days after her arrest, the girl told her mother that she drew the picture but several other students were involved in coloring and writing on it, the group says in the letter.

The girl said “she did not want the drawing delivered but one of the other students snatched it from her hands and delivered it anyways,” the ACLU said in the letter.

A copy of the drawing or further details about what it depicted were not disclosed. CNN reached out to Honowai Elementary School and the ACLU to determine what the drawing depicted but did not immediately hear back.

The ACLU is giving the school and the police until November 8 to respond.

Black girls are often treated like adults, advocates say

The ACLU and a family attorney have described the actions by school staff and police in Hawaii as “extreme and disproportionate” and said they suggest the girl and her mother were singled out and discriminated against on account of their race.

Mateo Caballero, an attorney representing the family, the way his clients were treated is “too common and entirely preventable.”

Researchers and advocates have said Black girls are often perceived and treated like adults, making them targets of harsh treatment by police and severe disciplinary action at school. A 2017 study conducted by the Georgetown Law Center on Poverty and Inequality found that Black girls as young as 5 years old are viewed as needing less protection and nurturing than White girls.
Earlier this year, a school resource officer in Florida body slammed a 16-year-old Black girl before handcuffing her. The girl’s family said she suffered memory loss and headaches from the incident. In recent years, police in New Jersey came under fire for handcuffing a 10-year-old girl during a traffic stop, officers in officers in North Carolina were accused of body slamming boys and girls, holding them in a chokehold, and officers in Orlando, Florida, arrested 6-year-old girls for reportedly having a tantrum.
During the 2017-2018 school year, over 229,470 students were referred to law enforcement agencies or arrested, according to the US Department of Education Office for Civil Rights.

Black students represented 15% of the student body, nearly 29% of referrals to law enforcement and 31% of all students arrested at school or during a school-related activity.

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Worms Share Memories With Others by Swapping RNA, Wild Study Reveals

A ghastly bout of food poisoning isn’t an experience to forget. The commonly studied microscopic nematode Caenorhabditis elegans not only ensures it remembers, it genetically embeds the threat of skanky meals into its kids to force them to stay clear as well.

 

And if by some misfortune one of those worms goes belly-up anyway? The warning encoded in RNA can leak out of their disintegrating body, potentially to be picked up by any passing member of the species.

This remarkable means of memory transfer was spotted by researchers from Princeton University’s Murphy Lab in the US as a part of a series of studies on inherited behaviors in the nematode.

Due to the existence of a fairly strict barrier between the germ cells that give rise to a new generation and the parent’s own body cells, it was once believed events affecting a parent’s physiology couldn’t be imprinted on their offspring.

That view has gone out the window with discoveries of environmental stresses in animals like C. elegans changing the way genes are switched on not only in their offspring, but in their offspring’s own children… and so on, for generations down the line.

It’s not just a worm thing, either. Genes in the offspring of fruit flies and even mice can be tweaked by cues in their parent’s environment, effectively changing the biological functions of future generations.

 

Last year, researchers at molecular biologist Coleen Murphy’s lab published their findings on C. elegans reactions to consuming the bacterium Pseudomonas aeruginosa – an appealing food source that quickly turns nasty in their digestive system.

The team discovered that worms absorbed strands of RNA from their toxic meal through their intestines, among which was a stretch of non-coding RNA called P11.

This slither of nucleic acid was found to bind to a corresponding code in the worm’s genome – a gene called maco-1 – which was already known to play a role in sensory perception. As a result, the worm ‘learns’ to steer clear of P. aeruginosa in the future.

Amazingly, this behavioral shift also affects a mother worm’s descendants, teaching at least the next four generations to avoid this particular microbial meal as well.

This latest experiment demonstrates that genetic memory isn’t strictly a family affair, with evidence that it can be transmitted laterally from worm to worm.

Tragically, the teacher has to be pulped first.

“We found that one worm can learn to avoid this pathogenic bacterium and if we grind up that worm, or even just use the media the worms are swimming in, and give that media or the crushed-worm lysate to naïve worms, those worms now ‘learn’ to avoid the pathogen as well,” says Murphy.

 

Investigations of nematodes incapable of learning this avoidance trick suggested that in spite of maco-1’s established role in avoiding P. aeruginosa, the gene’s presence alone couldn’t explain why the behavior was inherited. Something else was happening.

So the team went on the hunt for other factors behind the quirky neurological adaptation.

(Murphy Lab)

Chief suspect was an itinerant ‘jumping’ gene called Cer1, already known to have the right characteristics to move from one part of a genome to another like a virus.

“What we discovered is that a retrotransposon called Cer1 that forms viral-like particles seems to carry a memory not only between tissues (from the worm’s germline to its neurons) but also between individuals,” says Murphy. Worms that naturally lacked Cer1, or had it edited out, simply couldn’t resist taking a nibble of P. aeruginosa.

This whole learning experience isn’t without its risks. The retrotransposon’s jumping behavior can also cause harm as it inserts itself into parts of the animal’s genome, suggesting there has to be a benefit to its costs.

Fascinating as they are now, hints that behavior-altering experiences can be inherited would have been surprisingly controversial half a century ago, when American animal psychologist James V. McConnell shot to fame – and infamy – over suggestions that flatworms could inherit memories by consuming other, more educated flatworms.

McConnell’s chapter in the history of biology has since influenced debate over the permeability of that barrier between parent and child, and whether one generation’s experiences of the world can directly affect the way the next approaches it.

The extent to which this might happen in humans is still being explored, yet there are tantalizing signs we’re not exempt, either.

This research was published in Cell.

 

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Florida lawmakers reverse college scholarship cuts and changes after student, parent backlash

Florida state lawmakers backed away from much of their plan to gut a beloved higher education scholarship program after significant backlash from students and parents.

More than 110,000 college students received the merit-based Bright Futures scholarship in 2020, but that number might have been significantly reduced after Republican state Sen. Dennis Baxley introduced Senate Bill 86. His proposal said only students going into fields he believes would yield high-paying jobs could receive the award, which pays between 75 and 100 percent of in-state tuition at public and private universities.

If passed, SB 86 would have left out students who wanted to study history, arts or English, with no money for a scholarship that has been part of Florida’s higher education system since the 1990s. Students felt like they were about to be forced to choose between scholarship money and their academic interests.

“It was devastating,” high school student Alexandro Valdez, 16, said of the proposal. “A politician was saying my dreams weren’t worth funding.”

The merit-based scholarship uses money from the state lottery and is awarded to high-achieving students based on a combination of high school credits, standardized test scores, volunteer hours and GPA thresholds. Since 1997, that state has doled out $6.8 billion in tuition to more than 2.8 million students. But the proposed cuts didn’t stop at the restrictions on majors — SB 86 also would have reduced aid given to students who had already taken college or Advanced Placement courses in high school, and would have reduced the amount awarded to those who had certain other scholarships.

Valdez was not alone in his ire. Students, parents, arts groups and others said SB 86 would ruin a program that makes in some cases, out of reach educational opportunities available to the state’s best students. Students currently in the program said they were blindsided, as did high schoolers who had been planning their entire secondary education around the scholarship.

“If our education is being messed with, our thoughts and input should be in consideration,” Valdez said.

He and a group of teenagers from Orlando and Tallahassee jumped into action. They created a website, “Save Bright Futures” that provided information on what was happening and how they could help. Annotating the bill to make it accessible to a broader audience, they laid out the ramifications and encouraged fellow Floridians to sign petitions, call representatives, and go to the Senate hearings and testify.

Kaylee Duong, 18, who helped organize the Save Bright Futures campaign, said the proposed changes put her in a tough spot. A senior, Duong is currently trying to decide where to go to college. Both her older brothers were recipients of the scholarship and as she went through middle and high school, her family made sure she was getting all the requirements in place so she could receive it too. SB 86 made Duong more seriously consider out-of-state colleges, where she thought her financial aid might be more stable.

“It’s safe to say if this wasn’t happening, it would be a much easier choice and I would probably attend in-state,” she said. Not lost on Duong is part of the point of Bright Futures is to prevent brain drain and keep the state’s smartest students home.

One of Duong’s fellow organizers, Lorenzo Urayan, who wants to go to art school, grew concerned he wouldn’t be able to afford college unless he studied something state legislators deemed more “practical” under the proposed changes.

“I think both STEM and the humanities are important,” Urayan, 17, said. “It’s not fair for politicians to decide what you should study.”

Duong and Urayan were not alone in their outrage. In his letter to fellow state senators in March announcing the withdrawal of some of the most controversial changes, Baxley wrote “We have awakened a giant.”

High school students Heesu Seo, Thomas Truong, Alexandro Valdez and Shaheer Ali at the Florida Capitol in Tallahassee, where they lobbied legislators to save the Bright Futures scholarship, on March 18.Courtesy Shaheer Ali

An imperfect good

While Baxley’s withdrawal of his revisions was a major win for students fighting to save the scholarship, advocates and other lawmakers said the fight is ongoing.

“It’s still not a good bill,” said Rep. Anna Eskamani, a Democrat who was a recipient of the Bright Futures scholarship when she was in college.

Some lawmakers in the House are now proposing a cut to the textbook stipend in the scholarship, which would save $37 million.

“Big changes are off the table for now,” Eskamani said, “but students who need that textbook stipend deserve that access.”

The program itself isn’t perfect either. Black students make up more than 21 percent of Florida’s K-12 student population, but only 6 percent of Bright Futures recipients are Black. And while white students compromise 36 percent of total students, they have amounted to more than half of the scholarship’s recipients every year since the program’s inception.

Scholars have found that state-provided merit aid can often give money to already-advantaged students, and is not focused on improving access for underprivileged students, said Justin Ortagus, director of the Institute of Higher Education at the University of Florida’s College of Education.

Ortagus, who was a recipient of the scholarship himself, said that doesn’t mean merit aid programs aren’t successful at their intended purpose.

“We have to be honest about what we are prioritizing, and merit aid is not the mechanism to close equity gaps,” he said. A program like Bright Futures “makes a lot of sense for the state” because its goals are to keep the state’s best and brightest at home so they can contribute to the local economy and increase the prestige of local institutions, Ortagus said.

While the program doesn’t explicitly aim to help low-income students, it does end up helping many, including Ortagus, who grew up low-income and went to the school where he now teaches with 100 percent of his tuition covered.

SB 86, he suspects, would have only exacerbated inequality that is already endemic to many merit aid programs.

The students who helped fight to save the scholarship said they know it’s not perfect, and that the experience successfully lobbying the state Legislature to save Bright Futures has emboldened them to continue fighting for more equitable higher education in Florida

“Bright futures has always disproportionately had less Black and brown recipients because of the SAT requirement,” said Thomas Truong, an 16-year-old organizer with Save Bright Futures. “What this would have done is restrict it even more for minorities.”

“We want education to be accessible to everyone,” he said. Now, he now feels like he can be a voice in making that happen.

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