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Understanding the Issues: Education

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View Poll Results: Do You Agree with Obama's Stance on Education?
Yes (Agree with more than 75%) 15 75.00%
No (Agree with less than 25%) 1 5.00%
Not Sure 4 20.00%
Voters: 20. You may not vote on this poll

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Old 06-12-2008, 12:16 PM   #1
onlydarksets
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Re: Understanding the Issues: Education
Quote:
Originally Posted by Schneed10 View Post
I can't say I understand what you're saying about a mortgage crisis 20 years ago? Rates were great in the 80s. I'd like to comment further but I can't say I understand what you're talking about.
30 year fixed rates in the 80s were awful, Schneed. My parents first mortgage in the DC area in 1981 was at 19%.
Interest Rate Trends ~ Historical Graphs for Mortgage Rates
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Old 06-12-2008, 12:52 PM   #2
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Re: Understanding the Issues: Education
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Originally Posted by onlydarksets View Post
30 year fixed rates in the 80s were awful, Schneed. My parents first mortgage in the DC area in 1981 was at 19%.
Interest Rate Trends ~ Historical Graphs for Mortgage Rates
Yeah that was the tail end of the mortgage crisis that spilled over from the 70s into the 80s. But under the Reagan administration rates moderated and, 20 years ago (1988) were back to very manageable levels, around 9-10%. Still higher than what we're used to today, but manageable.

Maybe he meant 25-30 years ago, because 20 years ago things were relatively good on that front.
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Old 06-12-2008, 03:53 PM   #3
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Re: Understanding the Issues: Education
Okay, I think it's settled. All in favor of helping kids say "AYE"!
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Old 06-12-2008, 03:55 PM   #4
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Re: Understanding the Issues: Education
Booo kids!
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Old 06-12-2008, 03:57 PM   #5
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Re: Understanding the Issues: Education
Nay!
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Old 06-12-2008, 04:08 PM   #6
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Re: Understanding the Issues: Education
Kids suck - anyone want mine?

I agree - we've beat this one to death.
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