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Albany State University Presidential Investiture of Marion Ross Fedrick Set for September 6, 2019

ALBANY, Ga. – Marion Ross Fedrick will be officially installed as the 10th president of Albany State University (ASU) at the Presidential Investiture Ceremony scheduled for 11 a.m. on Friday, September 2019.  The Investiture Ceremony will be held at the Billy C. Black Building Auditorium on the ASU East Campus. The ceremony will include a formal procession and greetings from elected officials.

Steeped in history and tradition, a presidential investiture symbolizes the embrace of a new era for the institution and acknowledges the authority of a new leader as well as the official rights and responsibilities of the office.

Fedrick was appointed as the 10th president of Albany State University on August 14, 2018, by the University System of Georgia Board of Regents. She was appointed after serving as both the Interim Executive Vice President and Interim President for the University since October 2017. Fedrick is an accomplished senior leader whose proven expertise spans over 30 years. Her professional background includes:  higher education administration, strategic planning, crisis management and strategic partnership management in both the private and public sectors.

Committed to the impact of academic development, Fedrick believes every student deserves access to an excellent and affordable education. She is a two-time graduate of the University of Georgia with a Bachelor’s Degree in Adult Education with a concentration in Organizational Development and a Master’s Degree in Public Administration.

As president of Albany State University, Fedrick continues to apply her diverse experiences and commitment to drive initiatives that ignite excellence. Under her leadership, the institution has undertaken several critical initiatives that include a redesign of the institution’s academic colleges, approval of the University System of Georgia’s (USG) first nexus degrees and the design and implementation of the university’s integrated student success model to include the creation of the Albany State University Summer Success Institute.

Formerly serving as the USG Vice Chancellor of Human Resources, Fedrick has led strategic initiatives relating to effective university administration, leadership development and human resources planning.

Celebratory events for the investiture will be held Wednesday, September 4 – Saturday, September 7, 2019. For a full list of activities, please visit www.asurams.edu/asuinvestiture.

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Georgia’s Path2College Plan

College and University costs are skyrocketing.  People are getting crushed under the pressure of student loans. Georgia has provided a way for students to get a jump start on saving for the journey through higher education with The Path2College 529 Plan.

The Path2College 529 Plan, established in 2002, under the Georgia Student Finance Commission, is Georgia’s tax-advantaged college savings plan families can use to help pay for higher education expenses such as tuition, fees, certain room and board costs, books, supplies, equipment required for college enrollment, and K-12 tuition.  Families can invest in a Path2College 529 Plan for as little as $25.  Savings from the plan can be used at any accredited college in the United States and can also be used for students seeking a technical college certificate or diploma, four-year degree, or graduate degree.  It’s available to any citizen or taxpayer. Grandparents other family members and friends can help contribute.

There are a variety of low-cost investment portfolios to choose from including age-based, multi-fund, single-fund and guaranteed options. Funds can be used at most accredited colleges and universities in the United States and certain colleges abroad. Up to $10,000 annually can be used toward K-12 school tuition per student from all 529 plans.

Earnings are free from federal tax, and many states offer a state income tax deduction or tax credit for contributions. Withdrawals are tax-free at both the federal and state level when used for qualified education expenses.  State tax treatment of withdrawals for K-12 tuition expense is determined by the state where you file state income tax.

Path2College 529 Plan contributions are deductible for Georgia income tax purposes up to $4,000 per year, per beneficiary, for those filing a single return. Those limits double beginning January 1, 2020. Any earnings on those contributions in the Path2College 529 Plan are federal and Georgia income tax-deferred.

Withdrawals for qualified higher education expenses are federal and Georgia income tax-free. In addition, distributions from the Path2College 529 Plan for elementary and secondary school tuition are Georgia and federal income tax free up to a maximum of $10,000 a year per beneficiary.

The Path2College 529 Plan recently reached the $3 Billion savings milestone, and fees for families saving in the plan will be reduced. This reduction in fees is projected to save Path2College 529 Plan account owners approximately $300,000 annually.

As of March 31, 2019, the Path2College 529 Plan had more than 170,000 accounts and more than $890 million has been withdrawn to pay for education-related expenses. The Path2College 529 Plan was listed on Clark Howard’s Honor Roll, and it was rated in the “Top 10 Performing” by SavingforCollege.com.  For more information visit: https://www.path2college529.com.

Source:  Georgia Student Finance Commission

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Black and gifted

This series, “Black and Gifted,” explores African Americans from different walks of life that don’t get the media attention they have earned or deserve. It is about the overlooked and the ignored. It is about the talented, the gifted and the young. It is about the unheard.

Some of Hollywood’s biggest hits have been movies and shows about Wall Street. The movie, “Wolf of Wall Street,” based on the life of Jordan Belford, Showtime’s break out show, “Billions,” based on a fictional day trader, and countless others are all inspiring. Insert 29-year old Jonathan Lewis, a college drop out. Born in Houston, Texas, raised in Atlanta, Georgia, he has become one of the most successful Binary Options (A binary option is a financial instrument based on a simple yes or no question where the payoff is a fixed amount or nothing at all) traders in the world, winning global trading competitions weekly.

Jonathan Lewis has tried and failed in many aspects of life, but through perseverance and determination has managed to succeed in more avenues than loses. At 29 years old, Jonathan Lewis is poised to be a heavyweight in the arena of Forex day trading. Forex is short for foreign exchange. The what is better left up to him, but to sum it up, the trader places a wager on whether a specific currency will be more or less valuable during a specific time period. Mr. Lewis founded an LLC, Urban Genius, whose purpose is to promote prosperity through Forex. Urban Genius provides interactive education and private group chats to connect with dozens of members to learn from each.

In addition to day trading, Mr. Lewis is a serial entrepreneur, with businesses in drop shipping, merchandise retailing, education, writing, real estate and recreational marijuana. For him, making money is an around the clock venture.

“A typical day for me is to wake up at 2AM, no alarm, look at my computer, read charts, make a cup of coffee, analyze global currency markets for 3 hours, take my positions, pace myself, grab breakfast, head to the gym and by 8AM my day is done.” says Mr. Lewis. As he casually checks the charts in his phone, you can really tell he eats, sleeps and breathes Forex. With up to 90% of day traders failing, it’s rare to be profitable in day trading. It’s extremely rare to make a living off of it and it’s even more rare to start a group to teach others how to be successful in Forex. The world is constantly evolving, it’s getting smaller in terms of proximity, but is expanding at the same rate. A paradox, much like cryptocurrency.

smaller in terms of proximity, but is expanding at the same rate. A paradox, much like cryptocurrency. Cryptocurrency has boomed and recessed in a very short time period. Bitcoin has been the front runner in the cryptocurrency market with most seasoned financial experts claiming the very notion of bitcoin is farce at best. When asked about the validity of Bitcoin and other cryptocurrencies, Mr. Lewis said, “because all currency is based on perception, if society believes any object or “THING” to have value and hold that value to be exchanged for goods/services, it’s to be considered ‘REAL MONEY’. Money can be simply described as a tool to exchange for goods and services. In essence, anything can be money. Many feel that bitcoin is a scam because it’s not backed or supported by anything of tangible value such as gold, but neither is the almighty U.S. DOLLAR. Bitcoin simply allows peer-to-peer exchange of value without the interference of a central government or an excess of fees. It can also transfer value almost instantly across the world much faster than traditional banking, in today’s society

Black success seems to come in the form of athletes, actors and singers. While we do celebrate all of our heroes, we occupy a much broader space than entertainment and sports. We are in every fabric of American society and Mr. Lewis is proof that you don’t have to be what society wants you to be. His book, “Life in the Matrix,” which is part autobiography and part educational, is set to further legitimize him in the financial arena. The book will be out within a few months. If you would like more information on Forex and the group Urban Genius, type in the name Urban Genius on Facebook and Instagram.

More to come.

Joshua “Ocean” Bowens is a Media Specialist. He grew up in Atlanta but spent his summers in Albany. He is a Mass Communications graduate of Fort Valley State University. He is passionate about being able to articulate the contemporary socio-economic and political climate through the written word. Contact: oceanview4679@gmail.com .

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