We’re Frighteningly in the Dark About Student Debt – NYTimes.com. I commented as follow: (Please note the “fixes” to the poor writing I submitted.) We are loaning money to naïve – and by definition – uneducated “consumers” so that they can “buy” an education. Yet the “sellers” in blocking block all attempts for either the […]
“We’re Frighteningly in the Dark About Student Debt” – But Even More in the Dark About What We Are Buying
March 22, 2015 by
February 28, 2015 by
I think this is a good piece. Note that she does realize that for-profits are not the only problem schools. A Strike Against Student Debt – NYTimes.com.
Excellent Essay on College Truth – Should Be Required Reading
February 8, 2015 by
This essay by Kevin Carey is excellent. How to Raise a University’s Profile: Pricing and Packaging – NYTimes.com. I commented, but just to add to the information in the essay. Thank you, Mr. Carey. This essay should be required reading for everyone – at least everyone who cares about our economy, our society, and the […]
A Bad Assumption By an Obama Admin. Advisor
June 15, 2014 by
SUSAN DYNARSKI is a professor of economics, education and public policy at the University of Michigan. She has advised the Obama administration on the findings of her student-aid policy research. She wrote this piece in the New York Times. Finding Shock Absorbers for Student Debt – NYTimes.com. My comment on what she missed, without which, all […]
Do Universities Care About Societal Issues? See “Getting Into the Ivies”
April 27, 2014 by
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
April 10, 2014 by
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.
Underwriting Standards for Universities? Why Not?
March 25, 2014 by
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 […]
“Highly Educated” (From The Atlantic)? I Say Maybe “Highly Degreed”
January 25, 2014 by
Actually, Jordan Weissmann has posted interesting news about a study by the Dept.. of Ed., but I must take him to task about his interpretation .http://www.theatlantic.com/business/archive/2014/01/highly-educated-highly-indebted-the-lives-of-todays-27-year-olds-in-charts/283263/#comments “I am former college professor, who has spent almost a lifetime observing how much of higher education is essentially a scam on students and their parents. I feel compelled […]
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 […]