Via Wall Street Journal
Category / Education
America’s Most Stolen Vehicles by Region
2012 Female Dominated Doctor Degrees
Photo via @Mark_J_Perry
Indiana State University Selling Debt
Marketwatch.com is reporting Indiana State University is wanting to sell $20 Million in bonds so it can refund outstanding student fee bonds, and to pay costs of issuance. Fitch provided a detailed analysis and gave the university a grade of (AA-). This should make investors feel comfortable when buying the debt. Debt sale is planned for December 8th.
Here is some highlights of the article:
-As of fall 2014, the university had 11 residence halls with total occupancy for 3,660 students and a 99.5% occupancy rate, including the recently completed Reeve Hall.
-Indiana State has over $110 Million in existing bonds due to residence hall and food services upgrades
– the university’s fall enrollment headcount grew to a record high of 13,183 in fall 2014, increasing by 2,649 students (or 25.1%) over fall 2009.
– ISU’s available funds, defined by Fitch as cash and investments not permanently restricted, grew to about $157 million at the close of fiscal 2014, up 5.8% from the prior year and 39.9% from the period since fiscal 2010.
Current Indiana Gun Permit Numbers
Indiana State Police statistics show 570,712 active firearm licenses in the state, with 22 percent belonging to women.
H/T RTV6
Visual of the Federal Government School Lunch Mandate
Two pictures to tell you everything about the school lunch mandate…….
Students school lunch
Inmates lunch at a prison
Pics courtesy of Len Lucas Twitter feed: @lenlucas46
Gasoline Taxes Paid by Consumers
Consumers of gasoline pay state/federal taxes when they purchase gas. The tax is per gallon. The federal tax on gasoline is 18.4 cents/gallon. State taxes vary greatly. The map below shows both state/federal. Just deduct the federal to see what you pay in each state.
Map courtesy of the American Petroleum Institute. Click here for their interactive map.
People Borrowing More from 401k’s
More investors are taking out loans against their 401(k)s, and that could hurt their retirement income by hundreds of dollars a month, according to an analysis by Fidelity Investments released Wednesday.
The number of investors borrowing from their 401(k)s has been steadily increasing for more than a decade. Today, more than one in five people, or 22.5% of Fidelity’s 401(k) investors, borrow against their retirement savings, up from 18.7% in 2000, according to Fidelity’s analysis of 13 million investors.
More than 2 million investors have outstanding loans, and nearly 1 million took out loans in the past year.
Cost of Caring for Illegal Immigrant Children
One of the ealry known costs in caring for illegal immigrant children placed in adoptive homes is $192 Million. The Washington Times is reporting the placement agency who won the contract bid is in charge of 66,000 illegal children.
The 150-page request for transportation proposals, posted online at government contractor website fbo.gov, was issued by U.S. Immigration and Customs Enforcement to MVM Inc., a large security contractor founded by a former Secret Service agent and based in Ashburn, Virginia.
MVM Vice President Christopher McHale confirmed in an email that his company did win the contract, which the website says is worth $192 million, but he declined to talk about any of the details.
Here are the requirements in the contract when harboring the children:
Want to bid for a contract to care for the illegal immigrant children coming across the border? Make sure your staff members get Hepatitis vaccines and regular TB tests and can speak foreign languages — probably Spanish but maybe Mandarin, suggesting a surprising number of the children are coming from China.
The federal government guarantees the children three meals a day, and they must take account of health, religious observance or vegetarian diets. The children also have a right to second helpings, according to contract documents issued last month seeking a transportation company to ferry the children within Texas.
This does not account for the costs local taxpayers of school districts have occurred since the federal mandated taking in the illegals since their arrival.
What Percent of Drivers in the US are Uninsured?
As of 2013, an estimated 14% of drivers nationally are uninsured, according to the industry-funded Insurance Research Council
Hoosier Econ 