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Comment: Re:only a few years ago... (Score 2) 295

by kenh (#46499153) Attached to: Federal Student Aid Requirements At For-Profit Colleges Overhauled

Go work at "non-profit" schools - that's where the real money is...

Ask yourself, why is it that students upon graduation from a traditional school can defer payments for three years, and the "analysis" the DOE has done is based on the default rate 3 years after graduation?

Can "non-profit" graduates defer their loan payments for three years? I seem to recall not, but I'm not sure...

Comment: Re:Inflated cost of education (Score 1) 295

by kenh (#46499121) Attached to: Federal Student Aid Requirements At For-Profit Colleges Overhauled

"Endowment" is just another word for untaxed profits.

When a "non-profit" college collects hundreds of millions of dollars, and in turn lavishes silly high six-figure salaries on tenured professors, and rich pensions, the difference between "for-profit" and "non-profit" becomes nothing more than a game of semantics.

Comment: Re:Simple fix (Score 1) 295

by kenh (#46499069) Attached to: Federal Student Aid Requirements At For-Profit Colleges Overhauled

I'll applaud these types of rules when they are applied fairly to all recipients of federal loan money, not just the "for profit" schools everyone likes to vilify.

Maybe it's time to re-think loaning anyone nearly any amount of money to study almost anything... It's great if you are the one profiting, but it lets too many folks invest hundreds of thousands of dollars in an education that has little commercial value after graduation.

Comment: This is great news... (Score 1) 295

by kenh (#46499011) Attached to: Federal Student Aid Requirements At For-Profit Colleges Overhauled

new regulations that would hold colleges that receive federal student aid accountable for the employment success of their graduates.

Will this regulation change also apply to "non-profit" colleges and universities?

From the article:

Students at for-profit colleges represent only about 13 percent of the total higher education population, but about 31 percent of all student loans and nearly half of all loan defaults. In the most recent data, about 22 percent of student borrowers at for-profit colleges defaulted on their loans within three years, compared to 13 percent of borrowers at public colleges.

Can a graduate of a "for-profit" school apply for a three year deferral like a student at a "non-profit" school? Odd how their default rates are calculated three years after graduation/leaving school, exactly the same amount of time a college graduate can defer their loan payments...

Comment: One third, China (Score 1) 712

Coal produces fully one-third of all electricity in the US, what exactly is the plan to make up for that lost generation capacity? In ten years?

Also, eliminating the US consumption of coal does nothing about the ever-increasing use of coal in China where they are bringing new coal-fired generators online at a rate of one per week...

Comment: Re: Don't bother. (Score 1) 983

by kenh (#46463845) Attached to: How Do You Backup 20TB of Data?

If he created backups incrementally as he grew his collection, the effort to back it up would be trivial, and while the restore would be boring, at least it would be possible.

Someday people will learn that RAID is not a suitable replacement for backups.

Seems to me that 5x four terabyte hard drives would have been a wise investment - heck, toss in a couple extra drives and a RAID option like RAID 5 or 6 and you should be sitting pretty, just copy updated files as they are added to the main array... Of course, it may take a while to rebuild a list 4 TB drive...

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