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Mondays lone Musing
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fanfrompowellspub Offline
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Mondays lone Musing
So if the Big ten jumps to play in the fall now. Who is left to play in the spring with the MAC? big 12? Will playing alone help/hurt the conference.. Or maybe not play at all :(
09-14-2020 11:17 AM
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emu79 Offline
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RE: Mondays lone Musing
(09-14-2020 11:17 AM)fanfrompowellspub Wrote:  So if the Big ten jumps to play in the fall now. Who is left to play in the spring with the MAC? big 12? Will playing alone help/hurt the conference.. Or maybe not play at all :(

Caving into political pressure is never good public health policy. Look at the two anti masks at all state's and those states that reopened very early. Our economy will not recover until there is much testing more reliable testing more contact tracing and mask wearing. Right now we are doing half ass measures based on blue vs red state politics which is why we are feeding this virus 1000 American lives a day. I ask over and over again where is a comprehensive plan at the federal level besides deliberate misinformation quack cures downplaying the threat blaming the states bullying the states and a shrug of the
shoulder. What's the plan to defeat this virus and save lives?
09-14-2020 11:29 AM
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FrankAnderson Offline
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RE: Mondays lone Musing
PAC 12, Mountain West, UConn, UMass, and most FCS conferences will be playing in the spring regardless of what the Big Ten does. We'll be able to put together a full schedule.
09-14-2020 11:45 AM
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emu steve Offline
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RE: Mondays lone Musing
(09-14-2020 11:45 AM)FrankAnderson Wrote:  PAC 12, Mountain West, UConn, UMass, and most FCS conferences will be playing in the spring regardless of what the Big Ten does. We'll be able to put together a full schedule.

If the B1G plays a late fall schedule, can the MAC play the Pac-12 in the "Rose Bowl' in late April? 03-lmfao
09-14-2020 12:03 PM
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emu steve Offline
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RE: Mondays lone Musing
Slightly different and O/T but interesting play out of Virginia:

https://www.washingtonpost.com/education...refinance/

If you can't read it, in short, a plan to allow public colleges and universities to refinance their public debt at lower interest rates and defer principal payments...


"The plan would refinance bonds issued by the Treasury Board of Virginia and the Virginia College Building Authority that schools use for capital projects. Schools could defer their principal payments."

The article goes on to say universities such as George Mason and James Madison might each save approximately 50M this year.

Sounds like something Michigan could consider...
09-27-2020 07:17 AM
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emu79 Offline
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RE: Mondays lone Musing
(09-27-2020 07:17 AM)emu steve Wrote:  Slightly different and O/T but interesting play out of Virginia:

https://www.washingtonpost.com/education...refinance/

If you can't read it, in short, a plan to allow public colleges and universities to refinance their public debt at lower interest rates and defer principal payments...


"The plan would refinance bonds issued by the Treasury Board of Virginia and the Virginia College Building Authority that schools use for capital projects. Schools could defer their principal payments."

The article goes on to say universities such as George Mason and James Madison might each save approximately 50M this year.

Sounds like something Michigan could consider...

Great idea except due to the pandemic the credit ratings for many public institutions has also decreased with the interest rates. The State of Michigan is in the process of issuing billions in bonds for roads, at some point a gas tax increase will be needed to pay them back.
09-27-2020 09:44 AM
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emu steve Offline
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RE: Mondays lone Musing
(09-27-2020 09:44 AM)emu79 Wrote:  
(09-27-2020 07:17 AM)emu steve Wrote:  Slightly different and O/T but interesting play out of Virginia:

https://www.washingtonpost.com/education...refinance/

If you can't read it, in short, a plan to allow public colleges and universities to refinance their public debt at lower interest rates and defer principal payments...


"The plan would refinance bonds issued by the Treasury Board of Virginia and the Virginia College Building Authority that schools use for capital projects. Schools could defer their principal payments."

The article goes on to say universities such as George Mason and James Madison might each save approximately 50M this year.

Sounds like something Michigan could consider...

Great idea except due to the pandemic the credit ratings for many public institutions has also decreased with the interest rates. The State of Michigan is in the process of issuing billions in bonds for roads, at some point a gas tax increase will be needed to pay them back.

assuming credit ratings have dropped a notch for schools not named UofM or MSU, interest rates have dropped so much in the last year, 3 years, 5 years, etc. I find it hard to believe that re-fi interest rates wouldn't be much lower.

As many may know, interest rates on federal debt is close to ZERO PERCENT. I believe interest on a 10-year T-Bill is around 0.65%. Interest rates on 2 or 5 years is much less.
09-27-2020 11:38 AM
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emu79 Offline
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RE: Mondays lone Musing
Moodays rated us A2 in January 2020 with negative outlook due to overall enrollment declines. We had about 340 million in debt. There is a,large general revenue issue at 4% maturing in 2044.

https://www.moodys.com/research/Moodys-a..._906232575
(This post was last modified: 09-27-2020 04:07 PM by emu79.)
09-27-2020 12:47 PM
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