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Oh no, 16:37, are you implying banks might be at risk for making bad student loans?
I agree that while correlation does not cause causation, the insurance and underwriting industries do operate on some degree of that assumption.
Or, auto insurance for a 16 year old who drives a Corvette is always going to be pretty pricey.
If banks are going to be on the hook for student loan defaults (Good Thing), they have the right to charge higher interest rates on higher-risk loans (more Free Market).
Likewise, those in charge of counseling students regarding college finances have a fiduciary duty (or should) regarding expected salaries for all graduates from that college, default risks for an intended major, etc.
I agree that while correlation does not cause causation, the insurance and underwriting industries do operate on some degree of that assumption.
Or, auto insurance for a 16 year old who drives a Corvette is always going to be pretty pricey.
If banks are going to be on the hook for student loan defaults (Good Thing), they have the right to charge higher interest rates on higher-risk loans (more Free Market).
Likewise, those in charge of counseling students regarding college finances have a fiduciary duty (or should) regarding expected salaries for all graduates from that college, default risks for an intended major, etc.
So, drill, baby, drill?
Anonymous wrote:LeesburgResident wrote:Anonymous wrote:pelosi and obama consider themselves christian yet they advocate aborting the planet
I dunno, the oil wells the GOP advocates putting everywhere are sucking up the guts of the earth. That's kind of like abortion isn't it?
I take it you don't drive a car, then, or rely in petroleum in any way...
Why yes, I do. So is your point that I need to support strip mining for oil shale, drilling in ANWR, etc., etc.?
Anonymous wrote:pelosi and obama consider themselves christian yet they advocate aborting the planet
I dunno, the oil wells the GOP advocates putting everywhere are sucking up the guts of the earth. That's kind of like abortion isn't it?
Anonymous wrote:Screams "new money."
Because money only counts when it's been in the family for 100+ years, right?
Anonymous wrote:Anonymous wrote:Alexandria has converted Jefferson Houston elementary to a K-8 school, and I think I heard they will likely be doing the same at Cora Kelly elementary and one other campus in coming years.
Avoid both of these schools if you can help it.
These schools have among the highest FARMS percentages and lowest test scores in all of Alexandria City Public Schools. Various ideas have been floated to try and make those schools work (JH becoming an arts magnet, Kelly a math-science magnet), although Kelly is probably less of a failboat than Jefferson Houston (Mount Vernon is probably the second-worst ES in ACPS).
Has anyone actually done a study on which majors produce the highest numbers of student loan defaults?