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Everything posted by Goldbug

  1. Consider it an excellent photographic op, if you're into that. "Bad weather is good weather" in photography! Nothing to do with weather, just a plug for one of my favs. I think of magic New Mexico sunsets every time I hear it. Here's to NM!! Hope you enjoy it!
  2. If you think student loan debt is out of hand now, check this out! STUDENT LOANSMARCH 28, 2012, 2:11 P.M. ET Student Loans on Rise -- for Kindergarten Unable to afford private school, more parents are turning to loans years before their children start college. EMAILPRINT ARTICLE COMMENTS By ANNAMARIA ANDRIOTIS Instead of saving up for their sons' college education, Bill Dunham and his wife are taking out loans for high school. Their eldest son will begin ninth grade at a school in Boston where annual tuition runs around $10,000 -- and they already pay $5,000 a year for their younger child. A project manager for a mechanical construction company, Dunham says the schools referred him to lenders who specialize in pre-college education loans. He's taking a loan to cover his son's full high school tuition, which he plans to repay over two years. "If we had the money, we'd pay it now," he says. It used to be that families first signed up for education loans when their child enrolled in college, but a growing number of parents are seeking tuition assistance as soon as kindergarten. Though data is scarce, private school experts and the small number of lenders who provide loans for kindergarten through 12th grade say pre-college loans are becoming more popular. Your Tuition Solution, one of the largest lenders in this space, says demand for the upcoming year is already up: This month, the total dollar amount of loans families requested rose 10% compared to a year ago; at that pace, the company expects its total funding to rise to $20 million for 2012-13. Separately, First Marblehead, which exited the market in 2008, reentered last year as demand for loans began to rise. Much of this demand is coming from high-income families. Roughly 20% of families that applied for aid to pay for their children's kindergarten through 12th grade private school education had incomes of $150,000 or more, according to 2010-11 data, the latest from the National Association of Independent Schools. That's up from just 6% in 2002-03. Those who don't get approved for free aid, like grants, increasingly turn to loans, experts say. For parents who sign up for pre-college loans the risks can be significant. To begin with, they could be repaying the loans for a long time. Sallie Mae's and Your Tuition Solution's pre-college loans have repayment periods of up to three and seven years, respectively. Loans at the Hawken School in Chesterland, Ohio, don't have to be repaid until after the child graduates college. That means parents could be on the hook to repay K-12 and college loans simultaneously. Already, about one in six parents of college graduates have loans, and they're projected to owe nearly $34,000 on average this year, according to FinAid.org. Taking on loans before college leaves parents at risk of owing larger sums of debt, experts say. Schools are offering their own financing options as well. The Blake School in Hopkins, Minn. says 132 of its families signed up for its 10-month payment plan this year -- which charges an 8.5% fixed rate -- and that's up 19% from the previous academic year. The Hawken School says it provides a small number of loans with a 6% rate. "These loans aren't as taboo as they once were -- there are a lot more schools that are much more willing now to present a loan program as an affordability option," says Kristen Power, northeast regional director for the NAIS' School and Student Services, which processes families' financial aid applications to private schools. The rise in private school loans coincides with a rise in tuition. The average cost of private school is nearly $22,000 a year, up 4% from a year ago and up 26% from 2006-07, according to the NAIS. While schools increased their financial aid budgets, the gap between free aid and tuition costs is getting bigger for many parents. As a result, enrollment is dropping as fewer families can afford to pay. Total private school enrollment is projected at around 5.3 million this year, down 11% from 2007, according to the Department of Education. Link to more of article (worth reading, IMHO): Student Loans on Rise -- for Kindergarten - SmartMoney.com
  3. Goldbug

    Green Day

    Sometimes there is much wisdom in words of children, Glasshoppa. Listen carefully to what they say.
  4. Goldbug

    Green Day

    I knew it!! It's the pencilneck! Pencilneck is the new sexy. Just giving you a hard time, kittymamma.
  5. Goldbug

    Green Day

    You ... you mean I've been dethroned? Usurper, usurper I say!!
  6. Goldbug

    Green Day

    Uh... who is Billie Joe Armstrong?
  7. JDB=Junk Debt Buyer(s). JDBs typically buy uncollectible debt for pennies on the dollar and try to make you pay using dubious, often illegal, means. Not nice folks.
  8. Why don't sharks eat JDB lawyers? Evolution probably. Why don't you hear about lawyers being bitten by dogs? The reason is, dogs have learned through evolution, that, if they bite a lawyer, they are going to have to lick their own a** for weeks to get rid the bad taste. I suspect something similar with sharks.
  9. Say hey, JSTEEL! I thought you had hung up yer spikes and stopped trying to figure out this crazy world! Don't be such a stranger, come around more often! i can't help you with the "separate bond market" thing. Sorry! It does seem like they would have a single bond market to go with the rest of their collectivist ideas.
  10. mooredb, you probably already checked here but I'll provide a link, just in case. Good info on LVNV, Resurgent, etc.: http://www.creditinfocenter.com/forums/collections/279246-if-you-have-lvnv-your-cr-read.html
  11. I think that's the "oil company" model. Base present prices on possible future costs (so they claim). They must be expecting a cost increase.
  12. What if Greece follows Iceland's lead and tells the present government to go pound sand? Governments are supposed to serve the people, not the other way around.
  13. A friend of mine says it's also a medical breakthrough. His wife suffered with recurring "headaches" for years. One application of Defense Technology 56895 MK-9 Stream, 1.3% Red Band/1.3% Blue Band Pepper Spray and the "headaches" were a thing of the past! A miracle!! As a bonus, the wife's new orange coloration reminded him of his favorite TV show, "Jersey Shore". And, it's a food product, essentially, according to Megyn Kelly on FOX News. Supposed to be a great addition to the kitchen!
  14. Called 'em, lady said they're backordered. They sold all their stock to UC Davis.
  15. I am looking for pepper spray to keep around the house for a "less lethal" option for self defense, child discipline, training the puppy, etc. This is supposed to be a good product, but the reviews are mixed. What do you think? Amazon.com: Customer Reviews: Defense Technology 56895 MK-9 Stream, 1.3% Red Band/1.3% Blue Band Pepper Spray
  16. Locally, that's known as "Stepping on your.. uh... penis".
  17. It WAS a lobbying effort! I'm shocked, shocked I tell you! Boycott Christmas trees! Check out Jack Abramoff's book "Capitol Punishment: The Hard Truth About Washington Corruption From America’s Most Notorious Lobbyist," and the video clip on 60 Minutes. Shows how much influence lobbies really have. Link: Lesley Stahl of CBS News gets 'Jacked' on '60 Minutes'
  18. I knew all those trees wearing baggy pants, flat bill caps and flashing gang signs would eventually hurt their image. It's a jobs plan- hire more bureaucrats to "eat out our substance" or pushing for more control, "because I can". Maybe the Christmas tree growers just have a really large lobby. LOL:roll:
  19. It seems like just yesterday it was November, then in a blink of an eye, it's April first. Time flies! You're not going to believe this! Obama Couldn’t Wait: His New Christmas Tree Tax Obama Couldn't Wait: His New Christmas Tree Tax At last, the government came through! We're finally going to get out of this Depression! Pure genius I tell you, pure genius!! :idea:
  20. I use it the same way, great stuff! Also, if an engine is not going to be used for a while, I pour a small amount into the carb of a running engine to protect it. In autos and bikes, I dump a small amount in the gas tank to keep the injectors clean. As an aside, when I was in HS, the used car dealers used to pour ATF (automatic transmission fluid) in auto carbs to quieten noisy hydraulic lifters. Worked great for a few hundred miles until the lifters got stopped up again. Point is, all this stuff (Marvel Mystery Oil, ATF, Seafoam, etc.) dissolves carbon and the gummy residue from gasoline. Seafoam seems to work better than most, but nothing is a magic cure for a poorly maintained engine.
  21. Confused? Yep! Some just know they're being handed the dirty end of the stick, but, they haven't figured out who is handing it to them. That's why they're in danger of being co-opted. Just a bunch of confused malcontents? No, some of them know exactly what's going on. They probably won't fit the image the media is trying to sell though, so you won't be shown those. The kids know they have no future if the cronyism between money interests and government is not corrected. The "old, aged hippies" know their progeny have no future for the same reasons. Most don't want government handouts, they would like to get the money out of politics, though. Answer me this, unemployment has been at 4% or so for decades. Now, suddenly, it's at about 9%. What happened to make unemployment almost double the last few years. Did 5% of the workforce suddenly decide to become impoverished and live on gov't handouts? Or, did gov't policies put them out of work? Whoever is doing the interview is going to find someone that illustrates his point or furthers his agenda. The person being interviewed may be typical, or may be one out of many protesters.
  22. Cut out the middleman,huh? :lol:
  23. Silly! Everyone knows spe******t is a double-secret racist codeword for ************!! Kids these days! ... mumble ... I swear ... mumble ...don't know nothin' ... mumble mumble ...
  24. I liked this comment from Mike Rivero. He's nailed the situation,IMHO!
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