> I don't see why students can't go to another state to get their education.
As a non-american, I am baffled by this way of thinking. Higher education is supposed to be a way to ensure that a state is self-sufficient in terms of some core competencies by retaining a small number of workers specialized in compiling, developing, and sharing industry knowledge.
Is West Virginia so empoverished that they can't manage to support the two dozen or so teachers required to support an engineering degree?
As an American, I think freebee56's thinking is very rare - intellectually most people understand the situation as you do, and emotionally flagship state universities engender a strong sense of identity in graduates and state residents, in some states even for those who didn't attend it.
Out-of-state tuition costs for any public university are usually double what it costs for in-state students. It would seem short-sighted to deprive WV high school graduates of a solid public school where they can get in-state tuition rates.
Then WV can negotiate with other states to allow students to attend their universities, paying in-state tuition, with WV making up the difference. Students get better-funded schools, WV can negotiate good rates.
There are various regional associations to address this sort of issue. A college friend, a Virginia native, wanted to pursue a master's in library science, but Virginia did not offer one. North Carolina did, and so through one of those multi-state compacts, he went to UNC and paid in-state tuition.
We don't expect towns of 2000 people to support a high school. They go to a regional school - perhaps only one high school per county.
That is a very good point, I didn't even consider it was possible to do that whole "negotiate in-state tuition and make up the diff in funding by another state" approach. Thanks for bringing it up.
A similar example, one that I think no longer exists but did for a long time:
Tennessee is legally divided into Western, Middle, and Eastern Tennessee. There are a lot of rules in the state constitution that respect these Grand Divisions; IIRC an equal number of TN Supreme Court justices must be from each division, etc.
Anyway, the University of Tennessee is in Knoxville, which is in the Eastern Division (and a long way from Memphis). The University of Mississippi, in Oxford, is only about an hour and a half away from Memphis. For many years, students living in at least metro Memphis (and possibly most of Western Tennessee) could attend Ole Miss and pay in-state tuition - which is why in The Blind Side, the family were Ole Miss supporters. Memphis is the cultural capital of the Delta region, which covers parts of Mississippi, Tennessee, and Arkansas, and Ole Miss (though not in the Delta) was the natural flagship university for the area.
Tennessee just paid Mississippi for its students. It was cheaper than building another university that would only have attracted students from a relatively small portion of the state.
I don't think it's that bad but I've seen it happen. A relative was contacted several times over weeks about debt that they never had taken; turns out the real debtor had a similar (but not identical) name and lived hundreds of km away.
That is good to know. My only experience with this stuff was in university where someone defaulted on a credit card from a big five bank. They called them up and overall managed the process pretty well.
There is no direct linkage. Since the Chinese capital account is closed by definition the Chinese central bank is holding on to foreign assets with yuan liabilities. When the exporter gets paid the central
Bank creates offshore yuan which cannot be freely converted to onshore yuan and made into loans.
I live in NJ and in work downtown Manhattan. No one is commuting by car into downtown Manhattan. The rich take a helicopter. PATH is $5 per person roundtrip without discount. The only people (with enough time on their hands) going to that area by car are tourists, party goers, and college students. For businesses (e.g. trucks) the toll cost will be minimal.
There is a huge hype machine on the internet where people want to believe there there are crazy high salaries in other companies. Even though they don't know anyone who works there, interviewed or otherwise even bothered to look into some actual evedence. I have had interviews with citadel and know people whose have roles with that title. Total comp is slightly below what a comparable person would make at Google or Facebook. There are a few rainmakers there but those people get everything in (cash) bonus. Many are getting a base that was set 5-10 years ago.
I think it's the other way around, actually. I think a lot of people, especially in Europe, have FOMO about the salaries in the United States. One of their coping mechanisms is to try to convince themselves that everyone is lying about their salaries.
"It’s a long-buried part of South Korean history"
This is factually wrong. The geopolitical driven sex trade is a big issue in common Korean discourse (e.g. newspapers, social media, politics, etc). I would say that it and the historical victimhood native are overemphasized in Korean society. They are a strong country now, no need to ruminate in the past.
It's only long-buried to Americans. I barely follow South Korean discourse, but I've talked about this with my Korean friends on multiple occassions. It's also not a mystery for Okinawans who regularly protest about American soldiers raping Okinawan women.
Nor is it a mystery why Phuket and Bangkok have a giant sex industry now. That sex industry got a huge boost from American soldiers during Vietnam. There was obviously prostitution in Thailand before the Vietnam War, but I've read at least two historical accounts about Thailand during the Vietnam War and they both talked about the influence of American GIs on the sex trade there.
Hell. Contemporary Italian historians talk openly about American GIs raping Italian women in WWII. There is no mystery in any of this for the locals. It's just contemporary Americans that are ignorant.
The West German government created a report on the incidence of rape by occupying powers.
Investigators did massive interviews, surveys, etc.
The numbers for non-Soviet troops were low enough one could claim the rapes would have occurred regardless of whether the war happened.
An American soldier could be executed for raping a German woman. However, it was 100% legal for him to rape his wife.
By separating them from the one woman they were allowed to rape, and surrounding them with women they were strongly forbidden from raping, the war might very well have decreased it.
I think there's an important line between expecting something and condoning it. Rape is a predictable result of War for many of the reasons you mentioned, and should be understood as such. To do otherwise would be hiding from reality.
However, that doesn't make it a good thing. It is something to be mitigated to the extent possible in the context of other objectives. Referring to complaints as yapping simply minimizes another aspect of the hell that is Warfare.
The whole sequence of: business wants change to curb >
asks state officials for permission >
state official reviews request>
state official send business decision is predicted on the following:
- there is substantial value to creating a curb from specific local traffic patterns
- there is one state body that is tasked with "approving" changes to curbs
- changes are "rationed" so that businesses need to request approval
For example the commission of Clark county in Nevada often prioritizes the interest of the local casino's and can move very fast to remove any "obstacles"
In NYC the value of a curb is going to be much less because there is relatively more foot traffic and much less car traffic, so a bank is not going to prioritize local zoning changes.
In smaller towns you are not going to get as much casual car traffic in general
These numbers are wildly inflated. the official corporate rental sector in NYC s actually very small (most properties are condos/coops) owned by small scale landlords. That 5k number is the price that a (often foreign) company would pay to keep an executive for a temporary assignment in NYC. Then you have the students who are burning thier parents money anyways. Anecdotally the landlords are looking to recoup their COVID losses and a lot of these units are not renting.
But they aren't. I just did an apartment search after living in Manhattan for years and 5k was the number my partner and I wanted to be under. It was basically impossible and I'm now leaving my neighborhood.
If you like cold weather and having lots of green space Canada has a large number of tech jobs that pay well by European standards. For someone with skills and/or education a work visa is VERY easy to get. My family member is an immigration consultant and can help out. I don't get any compensation for posting this. Feel like Canada
as a destination is underutilized in the Russian community. If you are interested in advice please email dina[at]doorwaytocanada[dot]com
I used to work on options MM desk. Even though BS is not correct in magnitude (e.g. our quants used some black magic to get deltas at the tails, which even then we're quite off from what CME was giving) it is directionally correct. Just having an intellectual grasp of what caused a shift in the price can be very useful. The problem IMHO is that way too much energy has been spent improving it by old school quants vs exploring other approaches ( e.g. a limes regression works quite well for daily fx option movements)
