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Elon Musk unveils spacecraft to ferry astronauts

RAQUEL MARIA DILLON
Associated Press

HAWTHORNE, Calif. (AP) — A company that has flown unmanned capsules to the Space Station unveiled a spacecraft designed to ferry up to seven astronauts to low-Earth orbit that SpaceX founder Elon Musk says will lower the cost of going to space.

The futuristic, cone-headed craft dubbed Dragon V2 featured landing legs that pop out and a propulsion system designed to land almost anywhere “with the accuracy of a helicopter,” Musk said Thursday at the Southern California rocket builder’s headquarters near Los Angeles International Airport.

The technology would enable rapid reloading and reusability of the spacecraft, he said. He noted that in the past, many rockets and space craft return to Earth in a fireball, rendering them unusable.

“You can just reload, propel it and fly again,” Musk said. “This is extremely important for revolutionizing access to space because as long as we continue to throw away rockets and space crafts, we will never truly have access to space. It’ll always be incredibly expensive.”

“If an aircraft is thrown away with each flight, nobody will be able to fly or very few (can),” he said. “The same is true with rockets and spacecraft.”

The capsule also features a bright, sleek interior with swing-up computer screens at the control station, a two-level seating system to accommodate up to seven astronauts and large windows for them to marvel at Earth’s curvature. The cone-shaped cap can open to allow for the manned craft to dock at the Space Station on its own. The spacecraft also has more powerful engines, better heat shields, the landing legs and backup parachutes to ensure a soft landing.

In a NASA briefing with reporters last year, Musk said Dragon V2 would look futuristic like an “alien spaceship” and promised “it’s going to be cool.”

Since the shuttle fleet retired in 2011, NASA has depended on Russian rockets to transport astronauts to orbit and back, paying nearly $71 million per seat. The space agency has said it wants U.S. companies to fill the void by 2017 and has doled out seed money to spur innovation.

SpaceX — short for Space Exploration Technologies Corp. — has made four cargo runs to the giant orbiting outpost some 200 miles above Earth. Just last month, its Dragon capsule splashed into the Pacific, returning nearly 2 tons of science experiments and old equipment.

Companies competing for the right to ferry station astronauts need to design a spacecraft that can seat a crew of four or more and be equipped with life support systems and an escape hatch in case of emergency. SpaceX has said it’s designing a seven-seat spacecraft.

SpaceX and longtime NASA contractor Boeing Co. are “more or less neck and neck” in the competition, but there’s a long way to go before astronauts can rocket out of the atmosphere on private spacecraft, said John Logsdon, professor emeritus of political science and international affairs at George Washington University.

Logsdon said progress by private companies is slower than anticipated mainly because Congress has not fully funded NASA’s budget request for the effort. He said it’s important for the U.S. to wean its reliance on Russia given the political tension over the annexation of Crimea.

“It’s essential to have our own capability to transport people to space,” he said. “This is an important step in that direction.”

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

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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