[ucodegen]

[quote jstoesz]I find GSEs beyond the scope of the federal government, but the courts disagree with me on that too.[/quote] I am on the fence with the GSEs. If they were run as originally chartered, I have no problems with them. They prevent mortgage interest ‘extortion’ by banks/lenders, stabilize interest rates, and allow the Fed better control of the money supply. Unfortunately their original charter was usurped for political correctness (which of course reduced the Fed’s control of the money supply).

I still think that the government should be involved in the basic ‘standards’ of education (“three R’s”), beyond that, it should be less regulated.

[ucodegen]

[quote jstoesz]I find GSEs beyond the scope of the federal government, but the courts disagree with me on that too.[/quote] I am on the fence with the GSEs. If they were run as originally chartered, I have no problems with them. They prevent mortgage interest ‘extortion’ by banks/lenders, stabilize interest rates, and allow the Fed better control of the money supply. Unfortunately their original charter was usurped for political correctness (which of course reduced the Fed’s control of the money supply).

I still think that the government should be involved in the basic ‘standards’ of education (“three R’s”), beyond that, it should be less regulated.

[ucodegen]

[quote jstoesz]I find GSEs beyond the scope of the federal government, but the courts disagree with me on that too.[/quote] I am on the fence with the GSEs. If they were run as originally chartered, I have no problems with them. They prevent mortgage interest ‘extortion’ by banks/lenders, stabilize interest rates, and allow the Fed better control of the money supply. Unfortunately their original charter was usurped for political correctness (which of course reduced the Fed’s control of the money supply).

I still think that the government should be involved in the basic ‘standards’ of education (“three R’s”), beyond that, it should be less regulated.

[ucodegen]

[quote jstoesz]I see the charter school movement as a big improvement with schools like High Tech High and middle school in Pt. Loma. I would like to see more of that sort of thing, but have it branch out into more than just science, and art, but philosophy and religion. [/quote]
I have mixed impressions of High Tech High. Some of their teachers have really impressive resumes, but they have some unusual ‘school policies’. For example, if a person is gifted in math, High Tech High does not allow them to take an accelerated program – or test into the next class of the sequence. The result can be a bored student, who is bored while taking the favorite or best subjects.

The High School I went to allowed you to take courses like you do in college. If you want to test into the next in the sequence, no problem. If you wanted to use summer school to accelerate, no problem.

Considering High Tech High’s API Base score of 797, and rank of 8, I’m not too impressed. The public high school I went to has a current API base score of 905 and rank of 10. Even the high school I went to is not top API rated which comes in with a Base API of 988. By the way, Poway High’s API Base is 850, LaJolla 831.

I would be careful of ‘branching out’ the scholastics beyond the fundamentals. One needs to make sure the fundamentals are not lost in the process.

[ucodegen]

[quote jstoesz]I see the charter school movement as a big improvement with schools like High Tech High and middle school in Pt. Loma. I would like to see more of that sort of thing, but have it branch out into more than just science, and art, but philosophy and religion. [/quote]
I have mixed impressions of High Tech High. Some of their teachers have really impressive resumes, but they have some unusual ‘school policies’. For example, if a person is gifted in math, High Tech High does not allow them to take an accelerated program – or test into the next class of the sequence. The result can be a bored student, who is bored while taking the favorite or best subjects.

The High School I went to allowed you to take courses like you do in college. If you want to test into the next in the sequence, no problem. If you wanted to use summer school to accelerate, no problem.

Considering High Tech High’s API Base score of 797, and rank of 8, I’m not too impressed. The public high school I went to has a current API base score of 905 and rank of 10. Even the high school I went to is not top API rated which comes in with a Base API of 988. By the way, Poway High’s API Base is 850, LaJolla 831.

I would be careful of ‘branching out’ the scholastics beyond the fundamentals. One needs to make sure the fundamentals are not lost in the process.

[ucodegen]

[quote jstoesz]I see the charter school movement as a big improvement with schools like High Tech High and middle school in Pt. Loma. I would like to see more of that sort of thing, but have it branch out into more than just science, and art, but philosophy and religion. [/quote]
I have mixed impressions of High Tech High. Some of their teachers have really impressive resumes, but they have some unusual ‘school policies’. For example, if a person is gifted in math, High Tech High does not allow them to take an accelerated program – or test into the next class of the sequence. The result can be a bored student, who is bored while taking the favorite or best subjects.

The High School I went to allowed you to take courses like you do in college. If you want to test into the next in the sequence, no problem. If you wanted to use summer school to accelerate, no problem.

Considering High Tech High’s API Base score of 797, and rank of 8, I’m not too impressed. The public high school I went to has a current API base score of 905 and rank of 10. Even the high school I went to is not top API rated which comes in with a Base API of 988. By the way, Poway High’s API Base is 850, LaJolla 831.

I would be careful of ‘branching out’ the scholastics beyond the fundamentals. One needs to make sure the fundamentals are not lost in the process.

[ucodegen]

[quote jstoesz]I see the charter school movement as a big improvement with schools like High Tech High and middle school in Pt. Loma. I would like to see more of that sort of thing, but have it branch out into more than just science, and art, but philosophy and religion. [/quote]
I have mixed impressions of High Tech High. Some of their teachers have really impressive resumes, but they have some unusual ‘school policies’. For example, if a person is gifted in math, High Tech High does not allow them to take an accelerated program – or test into the next class of the sequence. The result can be a bored student, who is bored while taking the favorite or best subjects.

The High School I went to allowed you to take courses like you do in college. If you want to test into the next in the sequence, no problem. If you wanted to use summer school to accelerate, no problem.

Considering High Tech High’s API Base score of 797, and rank of 8, I’m not too impressed. The public high school I went to has a current API base score of 905 and rank of 10. Even the high school I went to is not top API rated which comes in with a Base API of 988. By the way, Poway High’s API Base is 850, LaJolla 831.

I would be careful of ‘branching out’ the scholastics beyond the fundamentals. One needs to make sure the fundamentals are not lost in the process.

[ucodegen]

[quote jstoesz]I see the charter school movement as a big improvement with schools like High Tech High and middle school in Pt. Loma. I would like to see more of that sort of thing, but have it branch out into more than just science, and art, but philosophy and religion. [/quote]
I have mixed impressions of High Tech High. Some of their teachers have really impressive resumes, but they have some unusual ‘school policies’. For example, if a person is gifted in math, High Tech High does not allow them to take an accelerated program – or test into the next class of the sequence. The result can be a bored student, who is bored while taking the favorite or best subjects.

The High School I went to allowed you to take courses like you do in college. If you want to test into the next in the sequence, no problem. If you wanted to use summer school to accelerate, no problem.

Considering High Tech High’s API Base score of 797, and rank of 8, I’m not too impressed. The public high school I went to has a current API base score of 905 and rank of 10. Even the high school I went to is not top API rated which comes in with a Base API of 988. By the way, Poway High’s API Base is 850, LaJolla 831.

I would be careful of ‘branching out’ the scholastics beyond the fundamentals. One needs to make sure the fundamentals are not lost in the process.

[ucodegen]

[quote flu]The second loan technically won’t be at $417k, since approximately 4 payments already were made, so principal paid will be approximately $7k , and interest payments of $5200 thrown in the trash. [/quote]
Remember that you are effectively a ‘home renter’ until paid off. Considering that ($7k/$12.2k) = 57.4% of payments went to paying off principal, that is not too bad. Usually on the first few years of a mortgage, the payoff of principal is less than 30% of the monthly payment.

[quote flu]Can someone check my math? (I suck at basic math…I can only do Fourier Transforms and FFT’s….Seriously)[/quote]
I’m at my Engineering job.. so my brain doesn’t amortize right now. I have the formulas and a financial calc at home. If no-one answers, I’ll run the numbers from home.

[ucodegen]

[quote flu]The second loan technically won’t be at $417k, since approximately 4 payments already were made, so principal paid will be approximately $7k , and interest payments of $5200 thrown in the trash. [/quote]
Remember that you are effectively a ‘home renter’ until paid off. Considering that ($7k/$12.2k) = 57.4% of payments went to paying off principal, that is not too bad. Usually on the first few years of a mortgage, the payoff of principal is less than 30% of the monthly payment.

[quote flu]Can someone check my math? (I suck at basic math…I can only do Fourier Transforms and FFT’s….Seriously)[/quote]
I’m at my Engineering job.. so my brain doesn’t amortize right now. I have the formulas and a financial calc at home. If no-one answers, I’ll run the numbers from home.

[ucodegen]

[quote flu]The second loan technically won’t be at $417k, since approximately 4 payments already were made, so principal paid will be approximately $7k , and interest payments of $5200 thrown in the trash. [/quote]
Remember that you are effectively a ‘home renter’ until paid off. Considering that ($7k/$12.2k) = 57.4% of payments went to paying off principal, that is not too bad. Usually on the first few years of a mortgage, the payoff of principal is less than 30% of the monthly payment.

[quote flu]Can someone check my math? (I suck at basic math…I can only do Fourier Transforms and FFT’s….Seriously)[/quote]
I’m at my Engineering job.. so my brain doesn’t amortize right now. I have the formulas and a financial calc at home. If no-one answers, I’ll run the numbers from home.

[ucodegen]

[quote flu]The second loan technically won’t be at $417k, since approximately 4 payments already were made, so principal paid will be approximately $7k , and interest payments of $5200 thrown in the trash. [/quote]
Remember that you are effectively a ‘home renter’ until paid off. Considering that ($7k/$12.2k) = 57.4% of payments went to paying off principal, that is not too bad. Usually on the first few years of a mortgage, the payoff of principal is less than 30% of the monthly payment.

[quote flu]Can someone check my math? (I suck at basic math…I can only do Fourier Transforms and FFT’s….Seriously)[/quote]
I’m at my Engineering job.. so my brain doesn’t amortize right now. I have the formulas and a financial calc at home. If no-one answers, I’ll run the numbers from home.

[ucodegen]

[quote flu]The second loan technically won’t be at $417k, since approximately 4 payments already were made, so principal paid will be approximately $7k , and interest payments of $5200 thrown in the trash. [/quote]
Remember that you are effectively a ‘home renter’ until paid off. Considering that ($7k/$12.2k) = 57.4% of payments went to paying off principal, that is not too bad. Usually on the first few years of a mortgage, the payoff of principal is less than 30% of the monthly payment.

[quote flu]Can someone check my math? (I suck at basic math…I can only do Fourier Transforms and FFT’s….Seriously)[/quote]
I’m at my Engineering job.. so my brain doesn’t amortize right now. I have the formulas and a financial calc at home. If no-one answers, I’ll run the numbers from home.

[ucodegen]

Damn, now see what you did.. I got curious and had to run the numbers. What I got:

Principal Rate Monthly Total
$417,000 3.75% $3032.52 $545853.17
$410,000 3.75% $2981.61 $536690.16
$410,000 3.25% $2880.94 $518569.55


On the first loan, you already paid $12,130.08 of the total leaving $533,723.09 of remaining payments. The new loan if started at this point would mean $518569.55 of total pending payments, and $151.58 less on the monthly.
Total diff on the total paid is $15,153.54.

This does not include any PMI, service charge, bribe to the local constabulary.. etc.

[ucodegen]

Damn, now see what you did.. I got curious and had to run the numbers. What I got:

Principal Rate Monthly Total
$417,000 3.75% $3032.52 $545853.17
$410,000 3.75% $2981.61 $536690.16
$410,000 3.25% $2880.94 $518569.55


On the first loan, you already paid $12,130.08 of the total leaving $533,723.09 of remaining payments. The new loan if started at this point would mean $518569.55 of total pending payments, and $151.58 less on the monthly.
Total diff on the total paid is $15,153.54.

This does not include any PMI, service charge, bribe to the local constabulary.. etc.

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