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Home-equity loans could sink your retirement

Aug 23, 2012

Market Watch - “I feel the main problem looming for pre-retirees and retirees is the common adjustable rate nature of HELOCs,” said John Salter, an associate professor in the personal financial planning department at Texas Tech University. “Currently we are in a very low interest rate environment, and what looms at some point are rate increases which in turn will increase HELOC holder’s payments—we can somewhat say there’s nowhere for rates to go but up in the future.”

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Texas Tech professors awarded $2M grant to develop next-gen lasers for military use

Aug 22, 2012

Military Technologies - Two Texas Tech University professors recently received a five-year, $2 million grant to advance the development of nanoscale materials that could lead to more compact and powerful high-energy solid-state lasers for use by the military in missile defense systems.

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Newsmakers: Texas Tech dean emeritus and law professor who served together in the Army named to group examining military justice in combat zones

Aug 22, 2012

Texas Lawyer - Huffman says the first mission for the board and the subcommittee will be to “look at the issue of how our military justice system is working in the deployed environment.” He says that the goal is to make sure justice is done in cases where civilian deaths are attributable to U.S. forces. Huffman adds that it is important for Afghan people who lost loved ones to have confidence that, if someone should be held criminally responsible, he or she will be.

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Energy report: Texas wind energy production surges, supporting jobs and diversifying U.S. energy economy

Aug 22, 2012

North Texas e-News - Over the past four years, the Energy Department has supported the testing and validation of newly developed technologies to help further reduce costs and speed the deployment of next generation technologies into the marketplace. In Lubbock, Texas, the Energy Department joined with Texas Tech University and Sandia National Laboratories last month to break ground on a new wind farm testing facility in Lubbock, Texas. Through this facility, public and private institutions will be able to assess new methods and technologies for optimizing whole wind farms’ performance and power production.

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