The difference between what actualy happened and what you predicted: those is called residuals. So if you predicted exam scores or store sales using a … Read More

The problem with raw data is that it’s too fidgety. There are spikes here and there and dips here and there and pretty soon you … Read More

There’s something about numbers that makes student loans seem abstract. How long will this take? Does this extra hundred dollars per month make a difference? … Read More

When most people think about their degree (tuition + housing), they don’t account for the interest that accrues on their loan, even though it doesn’t … Read More

When students graduate, most carry away a fuzzy impression of their debt; few possess any idea about what kind of cash-flow is needed each month … Read More

Then comes the financial aid letter. The math gets fuzzy. There’s a total cost of attendance which appears reasonable enough. There are scholarships and grants … Read More

Your final percentage is hovering right under line of what’s required. It’s 88.9%. And it needs to be 90.0%, which means an A. Panic? Maybe. … Read More

The loan agreement is simple: you borrow money; the lender gets their cut. Remove the fine print, which typically clouds this fact, and that’s all … Read More

Here are three loan offers on your desk. One is from a local bank, another is from a credit union and a third is from … Read More

You take out a personal loan, and the lender gives you an annual percentage rate. Your brain quickly multiplies it out to get an idea … Read More