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John Cooper, 27, is having a tough few years in real estate. The Roseville, Calif, agent came into the business shortly before the top of the market then saw his sales drop off in 2006. Next, he lost his house. Payments on his adjustable rate mortgage jumped from $1,300 a month to $2,000. Cooper, who owed more than the home was worth, let the house go into foreclosure...
...Cambridge was designated to receive $2.7 million for special education—75 percent of its budget. The budget cuts will likely lower this reimbursement rate to 72 percent...
...School Committee member Marc C. McGovern said that since the board usually sets its budget based on a 72 percent reimbursement rate, “We may not feel the hit as much as some other communities...
...merits and faults of each. He finds that no method is perfect, and each can be “gamed” by strategic voters or clever political aides. Nonetheless, he comes out in favor of “range voting,” a system in which voters rate their degree of approval for each candidate. Computer models have found that range voting is the most consistently accurate system, and the method is already widely utilized on the Internet, on web sites such as IMDb and hotornot.com. Poundstone advocates that the method be implemented on a trial basis, finishing...
Seniors' Moment. Starwood is offering a Pay Your Birth Year promotion at select hotels in the northeastern United States and eastern Canada through Dec. 30. On the second and third nights of your stay, you pay a rate equal to the last two digits of your birth year. So if you were born in 1973, you pay $73. It certainly favors the older generation, so maybe this is an excuse to treat your parents to a romantic getaway...