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Orlando’s International Drive getting face lift

By WTOP Staff

KYLE HIGHTOWER
Associated Press

ORLANDO, Fla. (AP) — Joshua Wallack originally thought he was just buying a patch of land off Orlando’s International Drive that would one day house a parking lot for his restaurant group’s newest venture in central Florida.

But when several stakeholders opposed having a lot on the proposed site, he agreed to a new spot. There was just one problem.

“It was like, ‘What the heck are we going to do with the land we were going to use to park cars on?” Wallack said.

A year later he’s now looking forward to being a major part of the latest face lifts to one of Orlando’s most-visited areas.

By 2016 the Orlando International Drive District, a first of its kind when it was established in 1993, will house two new entertainment complexes.

Mango’s Tropical Cafe Orlando, co-owned by Wallack and his father, David, announced plans this month to bring the world’s tallest roller coaster — 570-foot The Skyscraper — and the $200 million, 495,000-square foot Skyplex indoor entertainment complex to I-Drive. It will join the nearby I-Drive 360 shopping, dining and entertainment complex being developed by Unicorp National Developments, and including Merlin Entertainments trio of attractions — the 400-foot Orlando Eye Ferris wheel, Madame Tussauds wax museum, and Sea Life Orlando aquarium.

Skyplex and I-Drive 360, which officials hope will be a new centerpiece for the well-travelled tourist vein, will also be joined by several new restaurants and projects including a new Titanic: The Experience museum.

“Other than Walt Disney World, every other major attraction is on International Drive,” Joshua Wallack said. “There are about 60 million tourists and conventioneers coming every year to the Orlando tourist corridor, and if you have critical mass with your attractions, you’re gonna get lots of customers. I think International Drive is in a Renaissance period.”

International Drive already employs about 32,000 people, and the Wallacks said the projects will add between 800 and 1,000 new jobs.

Rosen Hotels president and chief operating officer Harris Rosen said it is a welcomed boon for an area that he’s been affiliated with for 40 years.

Rosen has seven hotels in Orlando, including five located on International Drive.

His Rosen Centre also just opened Harry’s Poolside Bar & Grill last week.

“It’s really quite extraordinary what’s going on,” Rosen said. “We’re really offering an abundance of fun activities. What it means is that we’re going to be able to keep people on the Drive longer. Clearly, people will go to Disney, SeaWorld and other places…But I think they’ll also say ‘Let’s spend a day on International Drive and see all the amenities it has.'”

James Paulding, head of new openings for Merlin Entertainments North America, said the timing to be on I-Drive is perfect.

“International drive is having a new lease on life,” he said. “”We’re not looking a taking a whole day of people’s schedule. We’re kind of trying to fit into people vacation time and provide something for locals as well.”

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Don’t Settle for Student Loans to Pay for Online Education

By WTOP Staff
Online college programs are becoming a more popular choice for prospective students, with one study finding that more than 6 million students enrolled in at least one online course in fall 2015. The popularity of these courses can be attributed in part to their flexibility with working adults' schedules, students' ability to progress more quickly through online programs and, oftentimes, cheaper tuition. [See 10 low-cost online bachelor's programs for out-of-state students.]Online degrees can be beneficial to many college students, but some studies have shown online learners complete their programs at lower rates than students at traditional brick-and-mortar campuses. Individuals with student loans but no degree comprise two-thirds of defaulted borrowers. Though these numbers are not encouraging, just like for traditional programs, there are ways to reduce how much you'll need to borrow for an online program to ensure you won't become one of these statistics. Don't just settle on borrowing student loans to cover the whole cost of your program and living expenses. Instead, start thinking about how to cut costs and cover your balance in different ways, such as the following. -- Grants and scholarships: Even though you are taking an online course, you can still apply and receive grants and scholarships. But your first step should be to complete the Free Application for Federal Student Aid, commonly referred to as the FAFSA, which will allow you to receive a Pell Grant if your expected family contribution is low enough. The EFC criteria and award amounts are adjusted annually, but the 2017-2018 academic year awards range from $606 to $5,920, which could significantly lower the amount you borrow annually. Your next step is to apply for scholarships. You can start by checking online scholarship search engines, such as the Salt Scholarship Search, College Board's BigFuture and Peterson's. But don't forget to take advantage of local organizations and your school's financial aid office. Both may offer scholarships that you can't find with a national scholarship search. [Review these 10 sites to kick off your scholarship search.]For instance, organizations like the Elks Club, Knights of Columbus or the Rotary Club typically offer scholarships annually to local students. Just because you're going to school online doesn't mean you're ineligible. Visit your local library for scholarship listings, and ask around town. You might be surprised how many local organizations offer scholarships. While these scholarships typically aren't large, every little bit counts. Each dollar you receive in a scholarship is a dollar you don't have to borrow and pay interest on. -- Work-study: Another option for online students may be work-study awards. Not all students enrolled in online programs are eligible, but students at some schools -- including, for example, SUNY Empire State College and Liberty University -- are. Work-study awards are not given upfront like scholarships and grants. In most cases, they are an offer to earn up to the awarded amount if you secure an eligible work-study job. While there is a misconception that all work-study jobs must be on campus, students can work for off-campus, nonprofit or public employers as long as the work is in the public's interest. You may be able to work for a for-profit employer if the job is relevant to your course of study. No matter who the outside employer is, it will need to have an established agreement with your college for you to receive work-study funds. Remember, to be eligible for federal financial aid, you must be enrolled and pursuing a degree or certificate. If you're not working toward a credential, Pell Grants and work-study won't be option, but you may still be able to take advantage of private scholarships -- just be sure to read the eligibility criteria carefully. [Explore what to know about financial aid in online programs.]-- Pay as you go: One of the great benefits to enrolling online is the flexible schedule, which can allow you to complete your college coursework around your responsibilities. But prospective students often overlook using their part- or full-time job earnings as an option for paying for college. Almost 80 percent of college students in 2015 worked at least part time while attending classes, according to the National Center for Education Statistics. By budgeting and thinking strategically about your college costs, you can likely reduce your dependence on student loans by paying a portion out of pocket. Many -- but not all -- online programs are less expensive than traditional programs and often have shorter payment periods. Six, eight or 10 weeks are common course durations. Because of the frequency of payments in an online setting, you may be well-placed to pay as you go and possibly avoid borrowing altogether. Attending college online and avoiding student loans may be challenging, but if you are willing to put in the effort, you can limit the amount you need to borrow. More from U.S. News Q&A: Understanding Student Loan Discharge Eligibility Student Loan Refinancing Isn't Right for All Borrowers
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