Sunday, March 27, 2011
What should our college goal be?
Outstanding piece. The goal should not be the number of kids we send to college. The goal should be the number that graduate in Science, Technology, Engineering and Mathematics. We get what we measure.
Saturday, March 26, 2011
A tech-driven world needs tech-educated workers
A tech-driven world needs tech-educated workers. So it is great if the individual studies engineering or science in college. But a History degree is not going to do the trick and the media rarely distinguishes between students studying useful subjects in college (that are in demand in the work world) and those studying “fun, interesting, but non-useful” subjects.
The goal is not “a post-secondary” education. The goal is a set of skills whether obtained in high school, college, a trade school or online that will allow the individual to compete in today’s job market or better yet start her own business that will hire others.
The goal is not “a post-secondary” education. The goal is a set of skills whether obtained in high school, college, a trade school or online that will allow the individual to compete in today’s job market or better yet start her own business that will hire others.
Friday, March 25, 2011
Even The Optometrist Asks Where I Am Going To College
Even the Optometrist Asks, ‘Where are You Going to College?’
By MICHAEL CAMPBELL
An interesting discussion by Michael Campbell a high school student waiting to figure out what college he will be accepted at.
But the important discussion is really what is Michael going to major in and how is he going to get a great education for a reasonable price.
By MICHAEL CAMPBELL
An interesting discussion by Michael Campbell a high school student waiting to figure out what college he will be accepted at.
But the important discussion is really what is Michael going to major in and how is he going to get a great education for a reasonable price.
Thursday, March 17, 2011
For each student who defaults on a loan, at least two more fall behind on payments
A new report by the Institute for Higher Education Policy has some interesting findings.
The study, based on data from five of the nation’s largest student-loan agencies, found that only 37 percent of student borrowers who started repaying their loans in 2005 were able to fully pay them back on time during the subsequent five year period.
For each student who defaults on a loan, at least two more fall behind in payments on their student debt. And these numbers are from a period (those starting to pay back their loans in 2005) when the economy was thriving. Do you think the results look better during the last couple of years of our recession?
What all these studies fail to consider is what the default rates are based on the amount borrowed and the major studied. Do you think the default rates might be higher for an English major that has borrowed $100,000 than a Petroleum Engineering major that only borrowed $20,000?
The study, based on data from five of the nation’s largest student-loan agencies, found that only 37 percent of student borrowers who started repaying their loans in 2005 were able to fully pay them back on time during the subsequent five year period.
For each student who defaults on a loan, at least two more fall behind in payments on their student debt. And these numbers are from a period (those starting to pay back their loans in 2005) when the economy was thriving. Do you think the results look better during the last couple of years of our recession?
What all these studies fail to consider is what the default rates are based on the amount borrowed and the major studied. Do you think the default rates might be higher for an English major that has borrowed $100,000 than a Petroleum Engineering major that only borrowed $20,000?
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