Here is an article from today’s WSJ Student Debt Takes a Bite Out of More Paychecks – WSJ. Here are my thoughts. “For many colleges, students are just a funnel for funds. Nowadays, colleges ask, “What can students do for my school?”, not “What can I do for my students?”. It should be no surprise […]
Why Isn’t the Government Collecting Debt From Colleges That Default on Education, Too?
Do Universities Care About Societal Issues? See “Getting Into the Ivies”
Getting Into the Ivies – NYTimes.com. Here is what I wrote, “…the poor catch up with the rich to the extent that they achieve the same level of technological know-how, skill, and education…” (quoted from Piketty, Thomas (2014-03-10). Capital in the Twenty-First Century (Kindle Locations 1315-1316). Harvard University Press. Kindle Edition. ) It is […]
Higher education: Is college worth it? | The Economist
Here is The Economist take on it. Higher education: Is college worth it? | The Economist. Compare this with The Atlantic Magazine’s Gung-Ho-All-The-Stats-Show-Everyone-Should-Go approach. If you search this blog for “Atlantic” you will see how undiscerning they are. That is very unfortunate for such a highly regarded magazine.
Groucho on: “Colleges Increasing Spending on Sports Faster Than on Academics, Report Finds” – NYT.com
Colleges Increasing Spending on Sports Faster Than on Academics, Report Finds – NYTimes.com. GROUCHO (Dean Quincy Adams Wagstaff ): Have we got a stadium? FACULTY: Yes. GROUCHO: Have we got a college? FACULTY: Yes. GROUCHO: Well, we can’t support both. Tomorrow we start tearing down the college. —From Horse Feathers, 1932, starring the Marx Brothers […]
Underwriting Standards for Universities? Why Not?
Today’s Wall Street Journal has a good article on graduate student debt http://online.wsj.com/news/articles/SB10001424052702303949704579459803223202602 It gave me an idea that I posted as a comment. I haven’t carefully thought it through but here it is. (If you regularly read this blog, you can skip the third paragraph.) “…”…if we had some sort of underwriting standards…” …[the author […]
NYTimes Op-Ed Has Interesting Details On College Costs to Families
The op-ed is titled “A Quick Way to Cut Costs”. Though I don’t think it is realistic, or the right approach (I describe why in my comment, which is copied below.), I think it is excelllent for the information it contains, especially about the Expected Family Contribution. I recommend it. Here is the link. http://www.nytimes.com/2014/03/21/opinion/a-quick-way-to-cut-college-costs.html Here […]
Is A Simpler Mortgage Application Good Or Bad, If The House Isn’t Inspected? More Ironic Than I Thought.
In my prevous post , I did’t comment on the fact that one of the authors is on the faculty of Columbia Teachers College. I did now. Here is the comment. One of the authors of this piece is from Columbia Teachers College. I didn’t notice that when I posted an earlier comment. That fact, […]