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Saying No to College – NYTimes.com

Family incomes, markets and job prospects have all been crushed by over a decade of economic angst and dreary fiscal outlooks … This is now affecting the opportunity for families to send their kids to college and also dampening the desire of ambitious bright kids to stick it out in college …

The NYTs highlights the “Zuckerberg and Gates” dropout phenomena as the down economy pushes kids out of college early in their pursuit of  entreprenurial success and big bucks!

 

“BENJAMIN GOERING does not look like Facebook’s Mark Zuckerberg, talk like him or inspire the same controversy. But he does apparently think …”

via Saying No to College – NYTimes.com.

Filed under: access to education, Blogosphere, Culture Think, Economic Recession, Economic Recovery, Education Policy, Education Reform, Job Sector, News, Public Policy, Unemployment, ,

Record Levels of Student Loan Debt Hit Younger Households Hard – Pew Research Center

About one out of five (19%) of the nation’s households owed student debt in 2010, more than double the share two decades earlier and a significant rise from the 15% that owed such debt in 2007. The incidence of student debt has increased in nearly every demographic and economic category, as has the size of that debt.Record Levels of Student Loan Debt Hit Younger Households Hard

Going along with the overall increase, a record 40% of all households headed by someone younger than age 35 owe such debt, by far the highest share among any age group.

Low-income households have also been hit hard. The relative burden of student loan debt is greatest for households in the bottom fifth of the income spectrum, even though members of such households are less likely than those in other groups to attend college in the first place.

Related study: “Is College Worth It?” Read more

via Daily Number: Record Levels of Student Loan Debt Hit Younger Households Hard – Pew Research Center.

Filed under: access to education, Banks, Blogosphere, consumers, Culture Think, Education Policy, Education Reform, News, Parenting, Public Policy, The 47%!, , ,

The Thiel Fellows, Forgoing College to Pursue Dreams – NYTimes.com

EDEN FULL should be back at Princeton by now. She should be hustling to class, hitting the books, acing tests. In short, she should be climbing that old-school ladder toward a coveted spot among America’s future …

More via The Thiel Fellows, Forgoing College to Pursue Dreams – NYTimes.com.

Filed under: access to education, Blogosphere, Culture Think, Education Policy, Education Reform, Parenting,

Hispanic Student Enrollments Reach New Highs in 2011 | Pew Hispanic Center

The nation’s Hispanic 1 student population reached a number of milestones in 2011, according to an analysis of newly available U.S. Census Bureau data by the Pew Hispanic Center, a project of the Pew Research Center.

For the first time, the number of 18- to 24-year-old Hispanics enrolled in college exceeded 2 million and reached a record 16.5% share of all college enrollments. 2  Hispanics are the largest minority group on the nation’s college campuses, a milestone first achieved last year (Fry, 2011). But as their growth among all college-age students continues to outpace other groups, Hispanics are now, for the first time, the largest minority group among the nation’s four-year college and university students. And for the first time, Hispanics made up one-quarter (25.2%) of 18- to 24-year-old students enrolled in two-year colleges.

via Hispanic Student Enrollments Reach New Highs in 2011 | Pew Hispanic Center.

Filed under: Blogosphere, consumers, Latinos, News, , , ,

Higher education: The college-cost calamity | The Economist

WITH its leafy avenues and Gothic buildings, the University of Chicago seems a sober, solid sort of place. John D. Rockefeller, whose money built it, said it was the “best investment I ever made”. Yet Chicago and other not-for-profit American universities …

MORE via Higher education: The college-cost calamity | The Economist.

Filed under: access to education, Blogosphere, Education Policy, Education Reform, Election 2012,

The Imperiled Promise of College – NYTimes.com

FOR a long time and for a lot of us, “college” was more or less a synonym for success. We had only to go. We had only to graduate. And if we did, according to parents and high-school guidance counselors and everything we heard and everything we read, we could pretty much count on a career, just about depend on a decent income and more or less …

MORE via The Imperiled Promise of College – NYTimes.com.

Filed under: Blogosphere, Culture Think, Education Policy, News, Public Policy, WeSeeReason, , , ,

Scientific publishing: The price of information | The Economist

SOMETIMES it takes but a single pebble to start an avalanche. On January 21st Timothy Gowers, a mathematician at Cambridge University, wrote a blog post outlining the reasons for his longstanding boycott of research journals published by Elsevier. This firm, which is based in the Netherlands, owns more than 2,000 journals, including such top-ranking titles as …

MORE via Scientific publishing: The price of information | The Economist.

Filed under: Blogosphere, consumers, Education Policy, Literature & Literati, News, ,

The Monetary Value of a College Education – Pew Research Center

The typical college graduate earns an estimated $650,000 more than the typical high school graduate over the course of a 40-year career, according to an analysis of census and college expense data.

The Monetary Value of a College Education

The average high school graduate with no further education earns about $770,000 over a 40-year work life. The average worker with a bachelor’s degree and no advanced degree earns about $1.4 million.

MORE via Daily Number: The Monetary Value of a College Education – Pew Research Center.

Filed under: access to education, Blogosphere, Culture Think, Education Policy, News, WeSeeReason,

College Tuition, Student Loans, and Unemployment : The New Yorker

The protesters at Occupy Wall Street may not have put forth an explicit set of demands yet, but there is one thing that they all agree on: student debt is too damn high. Since the late nineteen-seventies, annual costs at four-year colleges have risen three times as fast as

via College Tuition, Student Loans, and Unemployment : The New Yorker.

Filed under: access to education, Blogosphere, consumers, Education Policy, Election 2012, Parenting, Public Policy, ,

Generation Jobless: Is an Ivy League Diploma Worth It? – WSJ.com

Daniel Schwartz could have attended an Ivy League school if he wanted to. He just doesn’t see the value.

Mr. Schwartz, 18 years old, was accepted at Cornell University but enrolled instead at City University of New York’s Macaulay Honors College, which is …

MORE via Generation Jobless: Is an Ivy League Diploma Worth It? – WSJ.com.

Filed under: access to education, Blogosphere, consumers, Education Policy, News, Parenting, Unemployment, WeSeeReason, , ,

What’s Your Kid Getting From College? – WSJ.com

For hard-working American families struggling to make ends meet, the student protesters at Occupy Wall Street must seem like cast members of a reality show designed to make them look shallow and self-indulgent. The irony is that these students and recent grads have a point about their college debt. It’s just not the point they are …

MORE via McGurn: What’s Your Kid Getting From College? – WSJ.com.

Filed under: Blogosphere, consumers, Economic Recession, Education Policy, Election 2012, News, Parenting, Public Policy, Unemployment, WeSeeReason, ,

Student loans in America: Nope, just debt | The Economist

IN LATE 1965, President Lyndon Johnson stood in the modest gymnasium of what had once been the tiny teaching college he attended in Texas and announced a programme to promote education. It was an initiative that exemplified the “Great Society” agenda of his administration: social advancement financed by a little hard cash, lots of leverage and potentially …

MORE via Student loans in America: Nope, just debt | The Economist.

Filed under: access to education, consumers, Education Policy, News, Public Policy, WeSeeReason, ,

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