Gross said the situation remains precarious. His investment has repeatedly called the “new normal” of much slower growth rate than what the normal has been over the last 20 years. With another drop possible and continued deflation, he said 30-year bonds with a yield of 4.13 to 4.15 percent would become attractive.
Comment: I am in [...]
A new working paper from Harvard illustrates the advantage of being on the Executive Board of the World Bank: on average, a developing country serving on the board can expect a doubling of its normal funding levels.
Key findings:
A majority of World Bank member countries never or rarely get a seat at the table.
The Executive Board [...]
I don’t care who you vote for, just that you vote. Go vote today!
And don’t forget once you’ve voted to go get a free cup of coffee at Starbucks.
5 most recent Financial Aid Podcast posts
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FAP882: Cutting college costs, free stuff challenge, saving money
Listen now:
Weekly Financial Aid News Roundup
+ No gift cards this holiday season!
+ State of the student loan industry
+ How to cut college costs up to 50%
+ Part 2 of reducing college costs
+ Next week I release a public beta of our Scholarship Search Secrets eBook version [...]
Daily Aid 30: State of the student loan industry
Student Financial Aid News
From NASFAA and the Chronicle:
“This year’s growth in the Education Department’s direct-lending system could be replicated in 2009, possibly leaving the now-dominant bank-based system as the minority supplier of federal student-loan money by next fall, according to findings from a new survey of colleges,” [...]
Daily Aid 29: The credit crisis hits college campuses
Student Financial Aid News
From NASFAA and the AP:
“The credit crunch has officially arrived on campus,” the Associated Press reports. “In a new survey, private colleges report their students are finding it significantly harder to secure the private loans they need to pay tuition bills. More alarmingly, nearly [...]
Daily Aid 28: FAFSA Secrets and Hidden Traps
A special blog post while I’m on the road to Arizona for a couple of days off - and yes, vacation for me is doing public speaking! I’ve been working on the 2009-2010 FAFSA guide for the coming year over the past week or so, learning the ins [...]
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