Student loan defaults in the United States are now at a record high and recent graduates are on average accumulating more debt than ever and the collective debt burden has doubled just within the past five years. Today, Bloomberg's John Hechinger reported that 11 percent of recent graduates are seriously delinquent on their student loans. That figure was almost 50 percent lower in 2003. 30 percent of 20- to 24-year-olds are unemployed or not in school, Hechinger wrote. New graduates face a greater than 7 percent unemployment rate. Tuition cost has consistently risen faster than the consumer price index, food and medical inflation since 1978. There has been an especially dramatic increase over the past several years as states slashed their higher education budgets. Overall enrollment has declined since 2010, the National Student Clearinghouse reports . Students that do enroll are leaving their undergraduate studies with an average of US$30,000 in loan debt, according to data from … [Read more...] about Is the student loan debt “bubble” bursting?
Debts 6 years old
Video: Tinder is a cash cow because it's using AI to develop a dynamic pricing model Match Group is ramping up the monetization on its popular Tinder app as investments in technology infrastructure, data science and market segmentation start to pay off. Next up will be geolocation tools and more artificial intelligence powered features that are likely to juice Tinder's dynamic pricing model. The online dating company delivered a strong third quarter as it stabilized brands such as Match.com, OKCupid and PlentyofFish and revved the growth engine that is Tinder. Gregory Blatt, outgoing CEO of Match Group, said that Tinder has been able to use the new "Likes You" feature to up sell customers to Tinder Gold, a premium plan. Tinder also has Tinder Plus, which is another premium service. Overall, Tinder added 476,000 paying monthly customers in the third quarter to hit 2.6 million. Blatt, who will be replaced as CEO by Mandy Ginsberg, said marketing, a variety of up sell … [Read more...] about Match Group’s Tinder emerges as cash cow courtesy of data science, dynamic pricing, paying off tech debt
posted on 19 Dec 2012, 23:03 19 1. Thephonegeek (Posts: 118; Member since: 22 Nov 2012) Are you fu**king kidding me?? posted on 19 Dec 2012, 23:53 20 8. mas11 (Posts: 1034; Member since: 30 Mar 2012) Hey winning $1 billion in a bulls**t lawsuit is pretty impressive. I mean him jobs and ive invented the rectangle with square edges. What did Larry Page and google do? It's not like they revolutionized search, created the best mobile mapping service, pioneered voice commands, created a powerful yet affordable nexus line or anything. posted on 20 Dec 2012, 00:03 14 10. MeoCao (unregistered) lol, you forgot to say you were sarcastic 15. eisenbricher (Posts: 973; Member since: 09 Aug 2012) Haha! Love the apple jokes :) 17. joey_sfb (Posts: 6794; Member since: 29 Mar 2012) Which he took credit for. 20. Nathan_ingx (Posts: 4574; Member since: 07 Mar 2012) Hey, don't forget the 5th row of apps and the 0.5 inch that came free with the screen of the iP5. … [Read more...] about Comments for : Tim Cook is second runner up for Time’s Person of the Year
posted on 08 Apr 2011, 06:26 3 1. hawk62 (Posts: 320; Member since: 21 Nov 2009) Good job vz. Get rid of the only good thing you had going. posted on 08 Apr 2011, 13:18 1 21. jogutier (Posts: 324; Member since: 12 Feb 2010) I paid $99 for each Thunderbolt I bought and my ETF is $250. I paid less for with a contract price and option to cancell early than me paying full retail for the phone. You just have to know how to work the system. Threaten to leave to the right customer service rep and they will definitely work with you. Happy Friday Everyone !!!!! posted on 08 Apr 2011, 20:07 2 30. yodaynp (Posts: 3; Member since: 08 Apr 2011) You paid 99.00 for each of the Thunderbolts and your ETF was 250.00. Tell the truth, why would Verizon lower the cost of the phone from 249.99 for a 2 year contract then decide to negotiate a early termination fee from 350.00 to 250.00 just because you threatened to leave.? Are you the sole person keeping Verizon afloat? Really try to … [Read more...] about Comments for : Verizon nixes the one-year contract option from April 17th
posted on 01 Jun 2012, 14:50 0 1. -box- (Posts: 3991; Member since: 04 Jan 2012) Sounds like leap got a better deal than sprint. Still, almost a billion dollars for the deal... that is a lot for a old phone that is losing market share... posted on 01 Jun 2012, 14:59 5 2. Sprintfan (Posts: 68; Member since: 18 Nov 2011) Umm Cricket has 5 million customer Sprint has 50 million. DUH? posted on 01 Jun 2012, 22:30 0 16. hepresearch (unregistered) Sprint paid 15 times as much as Cricket did, but has only 10 times the customers. If anything, this proves that Apple knows when it can afford to milk a carrier for their failure to adopt the iPhone when it would have been more expedient, especially when that carrier is already struggling and hemorrhaging cash. Furthermore, it is also possible that overpricing Sprint's subsidy for the sale of the iPhone is an effective cooperative strategy by Apple for bringing Sprint to its knees before the likes of Verizon and AT&T. … [Read more...] about Comments for : Follow up: Leap Wireless pays $900 million over three years for the Apple iPhone
In Tom Clancy's sensationalist novel "Debt of Honor," a disgruntled pilot decides to avenge his lost honor by crashing a fuel-laden 747 directly into the U.S. Capitol, causing the giant building to explode and collapse. The scope of that fictional disaster was hard to fathom prior to the terrorist attacks of September 11, 2001.But even before 9/11, anyone who had been in Lakehurst, N.J., on May 6, 1937, would have had a pretty good sense of just how big an explosion Clancy had in mind. Because that day, the Hindenburg, a German zeppelin that was famous the world over for ferrying the rich and powerful across the Atlantic, blew up as it attempted to land, a catastrophe that rocked the globe, kickstarted the news industry, and closed the book for good on a form of travel that, while far beyond the means of most people, unquestionably appealed to the romantic notions of the masses.This Sunday marks the 75th anniversary of the Hindenburg crash, a disaster that killed 35 people and … [Read more...] about Hindenburg disaster 75 years ago abruptly ended zeppelin era
You'll never get either side to admit it, but Android and iOS have learned an awful lot from each other. From the pull-down Notification Center to the fine art of inertial scrolling, the two operating systems may have different spins on things, but at their cores, they're really quite similar.Each side receives, shall we say, inspiration from the other. Whether you're on Team Siri or Team Google Now, you can get some idea of what's on tap for your next update by studying the other; iOS 7 was a radical departure for Apple, but major features like the Control Center and multitasking card carousel took obvious cues from Jelly Bean, while Projects Butter and Svelte certainly owe a debt to Apple's engineering.But when it comes to hardware, our expectations are a little different. Each time a flagship model is due for its annual refresh, the respective rumor mills ramp up with wild speculation that spurs dreams of unique enclosures defying logic and reality, metal-and-glass marvels that … [Read more...] about Why the iPhone 6 Should Take a Cue From the New HTC One
last year, when it spent a measly $256 million buying ho-hum technologies. This year was different, not only in the sheer dollar size of some acquisitions, but also because of the breadth of technologies it acquired. From social networks to broadband wireless, we take a look at what Cisco Subnet has named Cisco's top-six acquisitions of 2007. We also look at what Cisco should have bought and what Cisco may be looking to buy in 2008. No. 6: Securent gives Cisco street credJon Oltsik, senior analyst at Enterprise Strategy Group, writing in Cnet, says Securent, which Cisco acquired for $100 million, gives Cisco application-layer street cred. Oltsik explains that the Securent deal, which closed late November, could be good for Cisco because it provides a set of role-based rules that enforce authorization policies across multiple heterogeneous applications on the back end.Securent is privately held and based in Mountain View, Calif. The company's distributed policy platform lets … [Read more...] about Top 6 Cisco acquisitions of 2007; what it should buy in 2008
This week's roundup is out a bit later than usual because I was on a mini-vacation this weekend. It's amazing to me that the folks who run rental properties don't think that anyone ever travels with their children; it was hardly "relaxing" to keep an eye on JMJ 2.0 (currently headed into Year 2 of the 18 year maintenance contract) in a house without electric outlet covers! On the other hand, I applaud his natural curiosity and free spirit; maybe he can be a third-generation developer. Here's the latest programming news.Read Larry Dignan's write up about Oracle's announcement that it will buy Sun Microsystems for $9.50 a share in cash or about $5.6 billion excluding debt. The company added that the acquisition of Java "is the most important software Oracle has ever acquired." Also, find out why Dana Gardner thinks this deal makes perfect sense and that Java comes out as a winner.I still need a little more time to digest this news; I'll offer my thoughts on this major announcement in … [Read more...] about Programming news: Oracle/Sun deal, Silverlight tutorial, Python 2.6.2, Delphi Live!
Tax Vox proudly announces its seventh annual Lump of Coal Award for the worst tax and fiscal policies of 2013. The year was a curious mix of really bad ideas and dithering. After all, Congress’s finest moment may have been its December budget mini-deal—a decision that effectively ignored every one of the great fiscal questions facing the nation. The winners of the 2013 Lump of Coal Award are: Get the Free Tracker App to find a SNES Classic in Stock 10. The American Taxpayer Relief Act of 2013. True, Congress and President Obama pulled the nation back from the dreaded fiscal cliff on New Year’s Day. But they did it in a spectacularly ugly way. Lawmakers pulled the trigger on the mindless spending cuts called the sequester—once thought to be too awful to contemplate. But that wasn’t all: ATRA also made permanent a massive tax cut for nearly everyone (except the very rich) that overwhelmed any deficit reduction from the sequester.9. The Affordable Care … [Read more...] about TheTaxVox 2013 Lump Of Coal Award: Wait ‘Til Next Year Edition