Archive for January, 2008

U.S. Senate Investigates College Endowment Practices

Thursday, January 31st, 2008

Many top tier colleges and universities in the U.S. are sitting on a pile of cash, endowments built up over years of fund-raising, corporate giving, and investing. Now, the U.S. Senate Finance Committee is seeking information from 136 schools to learn how they handle their endowments. The Senate committee has ...

About EFC (Expected Family Contribution)

Wednesday, January 30th, 2008

The government uses the submitted FAFSA form to calculate "Expected Family Contribution" (EFC). The EFC is a measure of the family's financial strength and the amount of resources the family has available to pay for education. The government looks at 5 areas to calculate EFC: Assets includes stocks, mutual funds, annuities, trusts, US ...

Men’s Basketball - Who Is Best?

Wednesday, January 30th, 2008

I haven't been paying that much attention to NCAA men's basketball much this year, although two local teams -- Duke and North Carolina -- are doing quite well, but that is to be expected. NC State and Wake Forest aren't living quite up to the top tier in the ACC, ...