Changes to the FICO credit score calculations have the potential to increase the scores of some consumers, including private student loan borrowers. The new score is designed to be “more predictive” of the likelihood of debt repayment than previous iterations of the score.
"Students are most likely to be successful in transferring academic credits when they have higher grade-point averages and move between community colleges and four-year institutions, according to a new federal study released Wednesday," Inside Higher Ed reports.
"Girls are trailing boys in markers of financial fluency at young ages — at least according to a survey from Baltimore-based investment manager T. Rowe Price Group Inc," the Baltimore Business Journal reports.
"Jim Jeffords, the former Vermont senator who single-handedly tipped the balance of power in the Senate in 2001 when he left the Republican Party, has died. He was 80 years old," the Wall Street Journal reports.