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Jet to stop printing, change to digital app

By WTOP Staff

BREE FOWLER
AP Technology Writer

NEW YORK (AP) — Jet magazine, which first hit newsstands at the dawn of the civil rights era, is ceasing regular print publication and transforming into a digital app.

Johnson Publishing Co., which owns Jet along with Ebony magazine, says the switch will occur at the end of June. The Chicago-based company says the move is a proactive effort to adapt to its readers’ growing desires for quicker and easier access to information.

Desiree Rogers, Johnson Publishing’s CEO says the change will take the magazine back to its roots. She notes that Jet, which was founded by John Johnson in November 1951, was originally intended as a newsweekly digest for African-Americans living in an increasingly faster-paced world.

At that time, the magazine cost 15 cents and was small enough to be carried in a purse or a pocket, perfect for on-the-go information, just like today’s smartphones and tablets.

“I think if Johnson were here today, I think he would say ‘what took you so long?'” Rogers says.

The app will launch on June 30 and cost $20 a year. It will contain shorter, more mobile-friendly, articles and return to a weekly publishing format, with breaking news updates on a daily basis. The print magazine currently publishes every three weeks.

The format change comes amid an advertising revenue decline at Jet and in the magazine industry overall.

According to Publishers Information Bureau data, Jet’s total print advertising revenue has fallen in each of the last three years, dropping 24 percent to $10.3 million last year from $13.6 million in 2010.

Meanwhile, total advertising revenue at consumer magazines fell about 2 percent to $19.74 billion in 2013 from $20.08 billion in 2010, according to PIB.

According to its website, Jet is the No. 3 magazine in the African-American market. The Alliance for Audited Media puts its total print and digital circulation at about 720,000.

No changes are planned for Ebony, which Rogers said is doing very well and just brought in a new editor.

The app, which will be available for all smartphone and tablet platforms, also will allow for new features such three-dimensional photography and more video, with the potential for adding new features such as movie and music clips that can run alongside reviews, Rogers says.

There will be an abundance of entertainment and celebrity news, along with coverage of politics, pop culture and social issues that impact African Americans. The company also will publish an annual special print edition.

Rogers added that she’s not worried that the magazine might lose some of its older readers as a result of the change, noting that many of her senior citizen friends prefer apps over websites because they’re simpler and easier to use.

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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