Animal House

10 things the FBI won’t fire you for

"A year-in-review email recently circulated to employees at the Federal Bureau of Investigation (FBI) that leaked online this week (PDF) reveals a series of disciplinary actions taken against agents during 2012. While some of the agents’ transgressions were entertaining for how out-of-line they got, it’s also particularly interesting to highlight what the bureau does and does not consider a fireable offense. While things like committing check fraud, spying on a supervisor and purchasing child pornography absolutely did trigger terminations in 2012, here are 10 other things the FBI apparently will not fire you for." Continue reading →

Continue Reading10 things the FBI won’t fire you for

Colleges Lose Pricing Power

"Facing stagnant family income, shaky job prospects for graduates and a smaller pool of high-school graduates, more schools are reining in tuition increases and giving out larger scholarships to attract students. Moody's also attributed the enrollment decline at some public universities to a 'heightened scrutiny of the value of higher education' after years of tuition increases and stagnating family income. The credit-rating firm said in its report that more students are 'increasingly attending more affordable community colleges, studying part time, or electing to enter the workforce without the benefit of a college education.'" Continue reading →

Continue ReadingColleges Lose Pricing Power

Student Debt Bubble Officially Pops; 90+ Day Delinquency Rate Goes Parabolic

"It shouldn't be a surprise, at least to our readers who read about it here first, but what will stun the general public are the two charts below, the first of which shows the amount of 90+ day student loan delinquencies, and the second shows the amount of newly delinquent 30+ day student loan balances. The charts speak for themselves." Continue reading →

Continue ReadingStudent Debt Bubble Officially Pops; 90+ Day Delinquency Rate Goes Parabolic