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Colorado governor strikes key deal over fracking

By WTOP Staff

IVAN MORENO
Associated Press

DENVER (AP) — Colorado’s Democratic governor forged a deal to stop dueling proposals on oil and gas drilling Monday, avoiding a messy ballot fight that had his party concerned about political consequences in November.

Democratic U.S. Rep. Jared Polis joined Gov. John Hickenlooper at the state Capitol to detail an agreement that calls for a task force to deal with concerns about energy development. In exchange, groups agreed to drop four initiatives that support or oppose hydraulic fracturing, or fracking, a technique that blasts a mix of water, sand or gravel, and chemicals into underground rock formations to release trapped oil and gas.

Polis has financially backed two of the measures that sought limits on drilling, including increasing the distance between homes and rigs from 500 feet to 2,000 feet. The governor and energy industry warned that the drilling restrictions would seriously hurt Colorado’s economy.

Polis’ involvement in the initiatives also raised concern in his party that taking the issue to voters would negatively impact Democrats in November by increasing fundraising for Republicans who generally support oil and gas development and possibly boosting GOP turnout.

Hickenlooper is running for re-election, and incumbent Democratic U.S. Sen. Mark Udall is in a closely watched contest against Republican U.S. Rep. Cory Gardner. It’s a race that could help determine control of the Senate.

As a compromise for dropping the initiatives, Hickenlooper said an 18-member task force would issue recommendations to Legislature next year on how to minimize conflicts between residents and the energy industry.

Opponents of the anti-fracking initiatives had raised concerns about unleashing legal claims over property rights if the state blocked energy companies from accessing mineral rights they own.

“I think we can all agree that responsible oil and gas development in Colorado is critical to our economy, our environment, our health, and our future,” Hickenlooper said.

Polis said the governor’s announcement was “truly a victory for the people of Colorado and the movement to enact sensible protections and safeguards around fracking.”

Backers of the other two measures sympathetic to the industry also declared victory.

“This is an exciting turn of events,” said Rep. Frank McNulty, who worked on a ballot question that would have prevented municipalities that ban fracking from collecting state revenue that comes from drilling. “For months we’ve asked Polis to pull his initiatives in favor of a more constructive approach.”

Another pro-fracking initiative would have called for financial impact documents to be included in future ballot questions seeking greater oversight on energy development.

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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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