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...people who owe more on their mortgage than their house is worth. According to a recent analysis by the credit bureau Experian and the consultancy Oliver Wyman, nearly 600,000 borrowers might have intentionally defaulted on their mortgages in 2008, twice as many as the year before. The social norm that in previous eras would have prevented people from simply walking away from their homes seems to be eroding - but HAMP puts a low priority on reducing the overall amount a person owes. In fact, among permanent modifications, the average loan amount as compared to home price (the so-called...

Author: /time Magazine | Title: Why the Loan-Modification Program Isn't Working | 12/4/2009 | See Source »

Burt sees similar value in the works studied in the course. “The study of science fiction helps us think about social and political life outside literature,” he says, “because in science fiction the effect of material conditions on individual lives becomes unignorable.” According to Burt, this perspective is in contradistinction to other forms of prose that students often encounter...

Author: By Yair Rosenberg, CONTRIBUTING WRITER | Title: Taking Sci Fi Into the Classroom | 12/4/2009 | See Source »

Though researchers are unable to fully explain the “Stroke Belt” phenomenon at this point, Glymour offered possible explanations such as social norms influencing dietary patterns, quality of public resources, and other environmental conditions...

Author: By Jacob D. Roberts, CONTRIBUTING WRITER | Title: Study Indicts ‘Stroke Belt’ | 12/4/2009 | See Source »

After reprocessing the data, the trio constructed the social networks using ties, such as familial or professional relationships, recorded in the original study...

Author: By Tara W. Merrigan, CONTRIBUTING WRITER | Title: Loneliness May Spread Contagiously | 12/3/2009 | See Source »

This result may demonstrate the need to address the spread of the loneliness contagion, which he said could negatively affect social cohesion...

Author: By Tara W. Merrigan, CONTRIBUTING WRITER | Title: Loneliness May Spread Contagiously | 12/3/2009 | See Source »

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