College and Education

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Interesting. Aside from Connecticut and Rhode Island, the other New England states seem to have put education in it's proper place ahead of sports.

http://deadspin.com/infographic-is-y...a-co-489635228

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I'm not sure where this one belongs. Under politics or education? This appears to be the academic equivalent of regulatory capture.

Imagine a system of college education supported by high and growing government spending on elite private universities that mainly educate children of the wealthy and upper-middle class, and low and declining government spending on public universities that educate large numbers of children from the working class and the poor.You can stop imagining. That’s the American system right now......

....According to a*survey*by the National Association of College and University Business Officers, only 16 percent of students in highly-endowed private universities receive Pell Grants, on average, compared with 59 percent at the lowest-endowed institutions.At Harvard,*11 percent*of students receive Pell Grants; at Yale, it’s*14 percent; Princeton,*12 percent; Stanford, 17 percent.By contrast,*59 percent*of students at the University of Texas in El Paso receive Pell grants,*53 percent*at the University of California at Riverside, and*33 percent*at the University of California at Berkeley.Moreover, because public universities have many more students than elite private universities, their larger percentages of Pell students represent far greater numbers of students from poor families.For example, the University of California at Berkeley has*morePell eligible students than the entire Ivy League put together.But perhaps the far higher per-student subsidies received by elite private universities are justified because they’re training more future leaders who will be in a position to reduce the nation’s widening inequality.Unfortunately, there’s not much evidence for that proposition. According to a study by sociologist Lauren Rivera,*70 percent*of Harvard’s senior class submits résumés to Wall Street and consulting firms. In 2007, before the global financial meltdown, almost*50 percent*of Harvard seniors (58 percent of the men, 43 percent of the women) took jobs on Wall Street.Among Harvard seniors who got jobs last spring,*3.5 percentwere headed to government and politics,*5 percent*to health-related fields, and*8.8 percent*to any form of public service. The percentages at the other Ivies are not much larger.So what justifies the high per-student government subsidies at the elite private universities, and the low per-student subsidies in public universities?There is no justification.

http://www.salon.com/2014/10/16/robe...rce=newsletter

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Early admissions to colleges help kids who don't need*it

http://www.vox.com/2014/10/16/698223...o-dont-need-it

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http://finance.yahoo.com/news/harvar...191356253.html

Harvard is No. 438 in these college rankings

Anybody who studies lists of best colleges is used to seeing Ivy League schools and a few other elite perennials filling the top 10. But in a new list of rankings meant to identify the best colleges for lower-income students, the Ivies are closer to the bottom than the top.

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http://finance.yahoo.com/news/harvar...191356253.html

Harvard is No. 438 in these college rankings

Anybody who studies lists of best colleges is used to seeing Ivy League schools and a few other elite perennials filling the top 10. But in a new list of rankings meant to identify the best colleges for lower-income students, the Ivies are closer to the bottom than the top.

Bottom 10 include Stonehiil, 533; Middlebury, 534; Berklee College of Music, 537; and Colby, 538.

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Very interesting. Parents take note.

http://m.wcvb.com/money/mass-graduat...urce=hootsuite

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Wondering why tuition costs are so high, here's a contributing factor.

http://www.bostonglobe.com/metro/201...eeO/story.html

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The president of Rensselaer Polytechnic Institute, Shirley Ann Jackson, was the nation’s highest-paid president of a private college in 2012, with total compensation of $7,143,312 — almost twice as much as the next most highly compensated president — according to The Chronicle of Higher Education’s annual pay survey.

Below Dr. Jackson on the list were John L. Lahey of Quinnipiac University ($3,759,076), Lee Bollinger of Columbia University ($3,389,917), Amy Gutmann of the University of Pennsylvania ($2,473,952) and Charles R. Middleton of Roosevelt University ($1,762,956).

According to The Chronicle’s survey of nearly 500 private colleges and universities, 36 of the presidents earned $1 million or more in 2012, and 162 were paid more than $500,000.

The median pay for a private-college president was just under $400,000, the survey found.

http://www.nytimes.com/2014/12/08/ed...ders.html?_r=1

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One recent study revealed that an applicant’s chance of admission to the country’s most selective colleges went up by*45 percentage points*if they had an alum parent.*And it’s not hard to see who benefits.*Richard Kahlenberg, a senior fellow at the Century Foundation, a progressive think tank, writes that the preferences provide “affirmative action for students who are disproportionately white and wealthy.” Of course,*legacy preferences differ from affirmative action and the admissions boost colleges give to, say, athletes or musicians in one important respect: Those preferences favor characteristics of the applicants themselves that the institution feels will benefit its community; legacy preferences favor characteristics of the applicants’parents.

Different*Several*studies*have shown little evidence that legacy preferences boost alumni donations at participating institutions. Students from privileged backgrounds already benefit from a host of advantages derived from their family’s wealth or connections; should they expect a thumb on the scale as well?*By exercising ancestry discrimination, what legacy preferences essentially do is re-enact the educational inequalities of the past, visiting them upon a new generation of applicants. “All descending honors,” as Benjamin Franklin*once wrote, “are wrong and absurd.

http://www.ozy.com/pov/sue-the-ivy-l...tm_campaign=pp

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Pretty scary article to ponder.

At one time, college was an investment. Today, it’s become indentured servitude.

http://www.dcclothesline.com/2014/12...ousing-market/

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Does this belong here or in Politics?

*No child’s college fund left behind

If you work for a living, Barack Obama is looking to rob you — again.This time he and his Democrat kleptocrats are after your 529s. Those are the states’ college-savings plans, where you can invest money you’ve earned (and paid taxes on) into mutual funds for your children’s college educations.Then, when you need the money to pay those bloated tuitions, you can withdraw the 529 funds, tax-free.You begin to see the problem, at least from the point of view of Barack Obama. No. 1, you actually worked for the money — that makes you a bitter clinger right there. As Granny Warren says, you didn’t build that business.No. 2, why shouldn’t you have to pay taxes on your earnings — twice?Obama’s latest soak-the-middle-class scheme surfaced last week. It’s part of what he calls “helping working families.”As long as there’s a Republican Congress, Barack and his card-carrying fellow travelers have no shot at pulling off this mega-heist. But it’s the thought that counts, and this is their latest thought on how to screw people who get up and go to work every morning, at least when the hippies haven’t blocked I-93.In 15 years, 12 million of these 529s have been set up. I have three of them, for each of my college-age daughters. Fidelity runs them in Massachusetts. They’re a good deal, at least until Obama wrecks them.Personally, I stopped throwing money into my kids’ 529s about oh, six years ago. I had a hunch, and I didn’t want to bet a bunch. Same reason everyone scoffed at the Roth IRAs — the Democrats said they were going to let you pay taxes now so you wouldn’t have to pay taxes later. Riiiiight!Most people never know they’re rich until Obama raises their taxes. Because he only raises taxes on “the rich” — just ask him. This week “the rich” are defined as anybody who’s set up college savings plans.How do we know people with 529s are rich? Because the average balance of a 529 is $21,000. In some plans, you can make contributions of as little as $25 per month.Obviously, if you can afford to budget $25 a month for your own child, you’ve got way too much disposable income, when there are still illegal aliens out there trying to make ends meet on a mere three or four EBT cards.Last week Obama invited an illegal alien to the State of the Union address to take a bow. But he apparently had zero interest in saluting anyone with a 529, and we all know why. Because they all have jobs. They work.

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Does this belong here or in Politics?

*No child’s college fund left behind

If you work for a living, Barack Obama is looking to rob you — again.This time he and his Democrat kleptocrats are after your 529s. Those are the states’ college-savings plans, where you can invest money you’ve earned (and paid taxes on) into mutual funds for your children’s college educations.Then, when you need the money to pay those bloated tuitions, you can withdraw the 529 funds, tax-free.You begin to see the problem, at least from the point of view of Barack Obama. No. 1, you actually worked for the money — that makes you a bitter clinger right there. As Granny Warren says, you didn’t build that business.No. 2, why shouldn’t you have to pay taxes on your earnings — twice?Obama’s latest soak-the-middle-class scheme surfaced last week. It’s part of what he calls “helping working families.”As long as there’s a Republican Congress, Barack and his card-carrying fellow travelers have no shot at pulling off this mega-heist. But it’s the thought that counts, and this is their latest thought on how to screw people who get up and go to work every morning, at least when the hippies haven’t blocked I-93.In 15 years, 12 million of these 529s have been set up. I have three of them, for each of my college-age daughters. Fidelity runs them in Massachusetts. They’re a good deal, at least until Obama wrecks them.Personally, I stopped throwing money into my kids’ 529s about oh, six years ago. I had a hunch, and I didn’t want to bet a bunch. Same reason everyone scoffed at the Roth IRAs — the Democrats said they were going to let you pay taxes now so you wouldn’t have to pay taxes later. Riiiiight!Most people never know they’re rich until Obama raises their taxes. Because he only raises taxes on “the rich” — just ask him. This week “the rich” are defined as anybody who’s set up college savings plans.How do we know people with 529s are rich? Because the average balance of a 529 is $21,000. In some plans, you can make contributions of as little as $25 per month.Obviously, if you can afford to budget $25 a month for your own child, you’ve got way too much disposable income, when there are still illegal aliens out there trying to make ends meet on a mere three or four EBT cards.Last week Obama invited an illegal alien to the State of the Union address to take a bow. But he apparently had zero interest in saluting anyone with a 529, and we all know why. Because they all have jobs. They work.

Every couple of weeks for months you post something like this. It should be clear no one cares. If you look at all the interest your post get and still think anyone cares, that's good reason to make an appointment and get your meds adjusted.

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Every couple of weeks for months you post something like this. It should be clear no one cares. If you look at all the interest your post get and still think anyone cares, that's good reason to make an appointment and get your meds adjusted.

Apparently people did care. They beat back Comrade O. Another liberal bait and switch. Save some money. Great. Now we come for the money you saved. Gotta pay your "fair" share.

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Apparently people did care. They beat back Comrade O. Another liberal bait and switch. Save some money. Great. Now we come for the money you saved. Gotta pay your "fair" share.

Drunk-posting again?

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Every couple of weeks for months you post something like this. It should be clear no one cares. If you look at all the interest your post get and still think anyone cares, that's good reason to make an appointment and get your meds adjusted.

Hee hee, obviously you care or you wouldn't have posted.