What is the Prime Rate?

May 11th, 2011 by Cara

Prime means “best,” and this rate is what banks charge their best commercial customers for loans. The prime changes often, is reported daily in The Wall Street Journal, and is used as a reference point for many businesses. For instance, the prime rate is used by some financial institutions to set the APR for credit cards.

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Dean of the First-Year Experience Mark Fischler is a professor, mentor, and friend to countless students. But this past September, he was also a coach for the Panther football team.

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¡Bienvenidos a Cuba!

PSU professor and her students discover the challenges and joys of visiting Cuba » Political science professor Filiz Otucu Ruhm always dreamed of going to Cuba. In fact, she planned on visiting the island more than a decade ago. “The social scientist in me wanted to observe Castro’s Cuba, then go back after Castro, and […]