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, […]

Why Isn’t the Government Collecting Debt From Colleges That Default on Education, Too?

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 […]

Do Private Universities Face Financial Pressure? Certainly, Not All

Someone made this comment: “Private U[niversitities face a lot of pressure tor retain students, who then become alums and contribute to the school. A lot of pressure to retain tuition paying students” Here was my response:  (I should have qualified this statement by adding that some private schools do have financial problems.) “I don’t see […]

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 […]

Washington U. in St. Louis Touts Their Reduction in Net Financial Aid

So, it seems. I just received my February edition of their magazine. (http://magazine.wustl.edu/2014/february/Pages/default.aspx) I started reading the cover article, “Creating Paths of Opportunity” (http://magazine.wustl.edu/2014/February/Pages/Creating-Paths-of-Opportunity.aspx ).  It notes that Chancellor Wrighton just returned from a White House Summit on Higher Education on how to do more to “…attract and retain students of all backgrounds…”  (Washington U. […]