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...charge-off rate on credit-card defaults could skyrocket to 10% in 2009 - double the average of 5% over the past 10 years - reaching $18.6 billion in the first quarter and $96 billion by the end of next year, predicts an October report from Innovest Strategic Value Advisors, an investment-research firm. "A 10% [charge-off] rate would be unprecedented," says Laura Nishikawa, an Innovest analyst. (Read "Fannie and Freddie Offer New Plan to Help Homeowners...
...conducted its own inquiry into some of Grimes' claims and wrote a report dismissing them as inconsequential. But the report shows that investigators did not question U.S. Marshals or jurors who had allegedly been in touch with the prosecution...
This month, the National Survey of Student Engagement (NSSE) released its ninth annual report on how involved students are in both academic and extracurricular activities - which are key indicators of educational quality - at four-year schools across the country. The survey, which is funded by the nonprofit Carnegie Foundation for the Advancement of Teaching, provides hundreds of colleges and universities with some of the most comprehensive data available on how well they're engaging students compared to their peer institutions. The survey's main goal is to help schools figure out how to do a better job of educating college...
...schools' biggest grouse against rankings, such as the lists produced each spring by U.S. News & World Report, is that they take a complex institution and crunch it down into a single score. Critics castigate U.S. News not only for rewarding schools for such things as outspending their rivals, but also for basing a whopping 25% of a college's ranking solely on how its reputation is rated by administrators at rival institutions. (See pictures of the college dorm room's evolution...
...country's leaders have grown rich from the land's bounty, even as most Burmese struggle just to feed themselves. Roughly one-third of civilians live below the poverty line. Last month, many Burmese, who get their news from clandestine radio broadcasts, were shocked by a BBC Burmese service report that claimed a daughter of junta leader Than Shwe had spent more than $80,000 on a gold shopping spree in the city of Mandalay. Than Shwe himself brooks no dissent. The offense of Saw Wai, the poet who was sentenced to two years in prison? Writing a love poem...