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giovedì 30 gennaio 2014

Study Abroad, Save On Tuition

Study Abroad, Save On Tuition



While students can choose many strategies to reduce the cost of attending college, from credit by exam to attending community college, it may not make enough of a difference in the economic climate of today’s higher education landscape. It may be that simply walking away from the choices we’re given and seeking new opportunities elsewhere may be a prudent path to take. According to a Reuters report, Patrick Finger, a high school senior from Southern California, did just that. He applied to a dozen or so colleges this year, including several state schools. In the end, he chose a less conventional path, opting to perfect his German language skills over the next year and then enroll at the University of Cologne. Tuition at German universities…



via Affordable Schools Online:



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While students can choose many strategies to reduce the cost of attending college, from credit by exam to attending community college, it may not make enough of a difference in the economic climate of today’s higher education landscape. It may be that simply walking away from the choices we’re given and seeking new opportunities elsewhere may be a prudent path to take.


According to a Reuters report, Patrick Finger, a high school senior from Southern California, did just that. He applied to a dozen or so colleges this year, including several state schools. In the end, he chose a less conventional path, opting to perfect his German language skills over the next year and then enroll at the University of Cologne. Tuition at German universities proved irresistible—it’s free.


“State campuses here can cost as much as $35,000 per year and private colleges more,” Finger told Reuters. Even with the extra year of study plus living and travel expenses, the 18-year-old recognizes a bargain when he sees one. He estimates his total expenses in Germany will amount to what he would spend in less than one year in the United States. “My family doesn’t believe in graduating with hundreds of thousands of dollars in debt.”


Finger isn’t alone. Shaving thousands of dollars off their tuition bills is a prime motivation for a growing number of American students to study abroad.


About 46,000 US scholars—or 4 percent more than in 2011—are enrolled in full-degree programs outside the country, according to a report that will be released in May by the Institute of International Education’s Project Atlas.


Nearly three-quarters are studying in English-speaking countries, such as the United Kingdom, Canada and Australia. Germany and France are also popular destinations, but countries such as China, India, Malaysia and the United Arab Emirates are increasingly on students’ radar.


“The world is getting smaller, and going abroad just isn’t as daunting for students and their families,” says Gavin Bradley, head college counselor at Atlanta’s Pace Academy, which currently has four students enrolled at Scotland’s St. Andrew’s University. Plus, he adds, “You can often attend a higher-quality school at a lower price.”


Foreign universities are also wooing American recruits. For example, Bradley says, college fairs now often host booths for schools from across Europe, Asia, and Canada, many of which have recruiters visit top high schools or have set up US-based offices. Other nations, such as Denmark, Spain or Japan, have dedicated staff for easing the transition for American students, including financial aid workshops.


Many non-Anglophone nations have rapidly increased the number of courses and full-degree programs offered in English, more than doubling over the past five years. The continental European Union hosts about 6,000, while Germany alone has more than 1,000.


International students frequently pay more than local classmates, but tuition and fees are still generally well below American norms. Australia and China, among others, offer specific scholarships for foreign students, and Canada allows them to work off-campus.


Most importantly, some US financial aid programs can still be tapped if the host school has the code used to administer federal financial aid programs. This includes most Canadian colleges and universities.


To be sure, for students considering a foreign school, there are some important differences to consider.


For one, while foreign universities increasingly accept the Common Application so popular in the United States, applicants often need to apply directly to an academic department, requiring them to choose a major before going into college. That is, for example, if you want to study philosophy, philosophy professors will review your application.


Programs usually last only three years, and law and medical degrees (for undergraduates) are often among the options. Grades plus AP and SAT scores are the main criteria for admission, rather than being the well-rounded student American campuses tend to want.


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Study Abroad, Save On Tuition


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Personal Finance, australia, canada, canadian, finger, german, germany, king, major, southern, university

mercoledì 22 gennaio 2014

The Loonies Last Stand?

The Loonies Last Stand?





via MarketPulse:



The IMF yesterday maintained its October forecast for the Canadian economy to grow 2.2% this year, and this despite world growth improving. The static forecast has pushed Canada down the pecking order by one notch, to third amongst the G7 members. The US and the UK are expected to lead the way. It’s supposedly a temporary blip, as the IMF expects Canada to regain that coveted number two-spot next year, predicting that the Canadian economy will grown by 2.4%.


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In Q4 last year, the IMF maintained that the Bank of Canada’s monetary policy remained “appropriate,” and it expected “gradual” tightening to begin in the early part of 2015. That prediction may be a tad aggressive as low inflation has become a matter of concern for Governor Poloz at the BoC. CPI in Canada has remained below that psychological 2% inflation benchmark for a year-and-a-half. Last November the governor happened to drop the BoC easing bias that was inserted 12-months prior by the current BoE head Mark Carney. The long held rate hike omission has allowed the currency to free-fall to a new 52-week low against its largest trading partner, the USD. On the crosses, it too has suffered, but obviously not to the same extent as with its closest neighbor.


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Later this morning the BoC is widely expected to keep its policy rate steady at 1%. The real question is whether policy makers are willing to keep their neutral bias or become more dovish. The 6% depreciation outright since the omission in Q4 would suggest that the currency has already priced in a strong percentage of “dovishness.” Policy makers would be the first to admit that the weak CAD is already benefiting various sectors of the Canadian economy. If so, there really is no need for the BoC to rush out and change their stance to an easing bias just yet. Under this scenario, it would likely benefit the CAD bulls, temporarily at least, as a BoC absence should encourage some short CAD covering. The streets majority expects the BoC to maintain the same tone.


usd trading result pecking jpy eur canadian bias forex


Governor Kuroda at the Bank of Japan kept monetary policy steady overnight and maintained its upbeat consumer inflation forecasts, encouraged by signs that a broadening economic recovery may encourage firms into spending more on wages and investment. As widely expected, the BOJ voted unanimously to maintain its pledge of increasing base money, or cash and deposits at the central bank, at an annual pace of ¥60-70 trillion. With the BoJ standing pat on policy initially had JPY strengthening and the Nikkei falling, but a slight downgrade of the 2014 forecast, and expectations that CPI at 1.9% rather than 2% in 2015 was capable of reversing some of the JPY initial strength outright due to the possibility of further policy easing eventually coming down the pipeline.


usd trading result pecking jpy eur canadian bias forex


This morning’s MPC minutes for Jan 8-9th revealed that the BoE officials agreed this month to keep the UK’s central bank interest rate at a record low even after the unemployment reaches their 7% goal. Officials see no “immediate need to raise the Bank rate, even if the 7% unemployment threshold were to be reached any time soon.” When its time to raise rates, MPC members agreed it would only be appropriate to raise the central bank’s main interest rate “gradually.” Carney and his fellow members have misjudged the pace of employment. A faster than expected UK recovery has meant that unemployment has fallen far quicker than policy makers anticipated. This morning’s UK jobless numbers averaged 7.1% in the three-months to last November, and just above the original threshold level that Governor Carney indicated that UK were to hike. However, the UK’s quickening has been accompanied by the “cooling” inflation – this has allowed Carney and company to ease their foot off the higher rate pedal and maintain there easy money stance.


usd trading result pecking jpy eur canadian bias forex


Investors diverging rate outlook happens to have the 18-member single currency trading at fresh one-year low against the pound today. If you set the hawkish BoE minutes from today, up against the dovish January ECB press conference, one finds reasons enough to favor the pound. From a technical stand point, 0.8160 has been a long time chosen target point for any techie, if and when breached it certainly opens a direct path to last years EUR/GBP low of 0.8087.


usd trading result pecking jpy eur canadian bias forex


Other links:

Mighty Dollar Eager To Rally Further


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usd trading result pecking jpy eur canadian bias forex


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The Loonies Last Stand?


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domenica 29 dicembre 2013

"Ted Cruz unapologetic for confrontational first year in the Senate"

"Ted Cruz unapologetic for confrontational first year in the Senate"



“Ted Cruz unapologetic for confrontational first year in the Senate”: Todd J. Gillman has this front page article in today’s edition of The Dallas Morning News. Gillman also has a related article headlined “Ted Cruz says he’s hired lawyers to renounce Canadian citizenship.” And The Guardian (UK) reports that “Ted Cruz ‘taking steps’ to renounce Canadian citizenship; Texas senator announced he was hiring lawyers to help extricate him from his apparently unhelpful surplus nationality.”Posted at 05:36 PM by Howard Bashman”Don’t ignore the Brady rule: Evidence must be shared; A respected judge warns of an epidemic of violations of the so-called Brady rule, which holds that prosecutors must turn over evidence favorable to the accused.”This editorial appears today in The Los Angeles Times. Posted at 04:38 …



via How Appealing:


“Ted Cruz unapologetic for confrontational first year in the Senate”: Todd J. Gillman has this front page article in today’s edition of The Dallas Morning News. Gillman also has a related article headlined “Ted Cruz says he’s hired lawyers to renounce Canadian citizenship.”


And The Guardian (UK) reports that “Ted Cruz ‘taking steps’ to renounce Canadian citizenship; Texas senator announced he was hiring lawyers to help extricate him from his apparently unhelpful surplus nationality.”


For more info: "Ted Cruz unapologetic for confrontational first year in the Senate"


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"Ted Cruz unapologetic for confrontational first year in the Senate"


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Law Around, boston, brady, canadian, dallas, senator, soccer, supreme-court, texas

sabato 21 dicembre 2013

FX Outlook: Thin Conditions Dominate | Zero Hedge

FX Outlook: Thin Conditions Dominate | Zero Hedge



The lack of participation in the global capital markets, in general, and the foreign exchange market, in particular, can make for erratic price action punctuating an eerie calm. Order flow and position adjustment (passive, as in triggering of stops, or more active ahead of year end) may exert greater influence than is often the case.Here is an overview on how we see the technical condition of the dollar against a selected group of foreign currencies into the year end.Euro: After posting a big reversal day on December 18 in response to the Fed’s tapering, the euro moved lower. In the following two sessions, (December 19-20), the euro slipped another half cent to test the initial retracement objective of the advance from early November (~$1.2755) that …



via fx – Google Blog Search:


The lack of participation in the global capital markets, in general, and the foreign exchange market, in particular, can make for erratic price action punctuating an eerie calm. Order flow and position adjustment (passive, as in


For more info: FX Outlook: Thin Conditions Dominate | Zero Hedge


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FX Outlook: Thin Conditions Dominate | Zero Hedge


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