October 29, 2012 Tags: ATTORNEY & client -- United States, etc., FINANCE, laws, LONG-term care insurance -- Law & legislation, MARRIED people -- Legal status, MEDICAID -- Law & legislation, OLDER couples, PRENUPTIAL agreements -- Law & legislation, UNMARRIED couples -- Legal status
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This paper examines the institutional determinants of federal loan status for a recent cohort of college students. We first set out how institutions influence loan accumulations and repayment rates, with particular focus on for-profit colleges. We then test a set of hypotheses about loan status and repayment using national data on loans, defaults, and repayments merged with college-level data. For all measures of loan status there are significant raw gaps between for-profit colleges and public and not-for-profit colleges. After controlling for student characteristics, measures of college quality, and college practices, large gaps in loan balance per student remain: students in for-profit colleges, especially the 2-year colleges, borrow approximately four times as much as they would have at a 2-year public college. For a student attending the ‘average’ college, their repayment rate is predicted to be 5 [9] percentage points lower if that college is for-profit compared to public [non-profit]. Repayment rates are also lower for colleges with higher proportions of minority students and with lower graduation rates; contrary to some claims, single-program institutions appear to have higher repayment rates. [ABSTRACT FROM AUTHOR]
Read MoreOctober 28, 2012 Tags: FEDERAL aid to higher education, FINANCE, FOR-profit universities & colleges, GRADUATION rate, MINORITY college students, PUBLIC universities & colleges, RESEARCH, STUDENT loans
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The article discusses the 50th anniversary of the U.S. Supreme Court’s ruling in the case Gideon v. Wainwright which will take place on March 18, 2013, including information on a reported need for funding in Tennessee’s indigent defense system. A defendant’s right to counsel under the Fourteenth Amendment to the nation’s Constitution is addressed. The author argues that when defendants fail to receive adequate assistance of counsel, it can take years to correct the mistakes.
Read MoreThe article presents a profile of college administrator Mark G. Yudof, focusing on his tenure as the president of the University of California (UC) system and his resignation from the position in January 2013. The article discusses the financial challenges faced by Yudof during his time at UC, including reductions in federal and state higher education spending. The article also discusses UC system tuition, Yudof’s policies in relating to the faculty, and his potential successor.
Read MoreOctober 23, 2012 Tags: COLLEGE costsCALIFORNIA, COLLEGE presidents, FINANCE, HIGHER education
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The article considers celebrities who have become investors in new business enterprises in high technology industries. Among the celebrities and their investments which are discussed are actor Ashton Kutcher, who has invested in several successful enterprises including Foursquare, Spotify and Skype, basketball player Kevin Love, a co-founder of the electronic commerce firm 12Society and rap musician 50 Cent, an investor in the headphone company SMS Audio.
Read MoreSeptember 25, 2012 Tags: CELEBRITIES, FINANCE, HIGH technology industries, NEW business enterprises -- Finance
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The article presents an answer to a dilemma regarding savings plans for recent college graduates, with advice regarding controlled spending, financial planning, and fiscally conservative lifestyles.
Read MoreAugust 18, 2012 Tags: COLLEGE graduates, FINANCE, PERSONAL finance, RETIREMENT -- Planning
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The article discusses television viewers who skip the commercial advertisements using devices such as Auto Hop from the satellite company Dish Network, focusing on the reaction of television industry executives and consumers to the technology. Television network chief executive officer (CEO) Leslie Moonves questions the legality of services such as Auto Hop in an industry which is fueled by the revenue generated by advertisements.
Read MoreThe article focuses on Alan Rusbridger, editor of the “Guardian” newspaper. Topics include his efforts to increase focus toward online journalism, the decreasing revenues of print news in Great Britain in 2012, and the newspaper’s expose of the telephone hacking scandal involving media mogul Rupert Murdoch.
Read MoreJune 11, 2012 Tags: FINANCE, NEWSPAPER editors, NEWSPAPERS, ONLINE journalism
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The article looks at legislation proposed in the U.S. Congress to authorize funding for the construction and repair of the road, bridge, and mass transportation infrastructure. After the Senate passed a bipartisan bill in March 2012 to extend funding at current levels, Republicans in the House submitted their own bill that cut support for Amtrak passenger rail, abolished environmental regulation of transportation projects, and removed a provision to fund infrastructure spending with gas tax revenue.
Read MoreThe article focuses on the financial status of U.S. after recession. The country is still trapped in bad mortgages, lost paperwork and fraudulent foreclosures. The parts of the Eurozone have fallen back into recession as U.S. is trying to recover. A reduction in public spending is required for reducing debt in countries like Ireland, Italy, Spain, Portugal and France which reduces total gross domestic product (GDP) and employment.
Read MoreJune 8, 2012 Tags: EURO area, FINANCE, MORTGAGES, RECESSIONS
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