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Jason Finley

Vittana | How it works - 2 views

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    Micro-student loans for students in 3rd world countries. Outside of the United States and a handful of other countries, student loans just don't exist. No matter how well you did in school, no matter how good your grades were, no matter how hard you worked, if you don't have the cash up front or a rich uncle to co-sign for you, you just can't go to college. In many cases, Vittana loans are the first and only source of college loans for students in countries where we operate.
Dave Fones

Japanese Real Estate Bubble Recoverry? - 0 views

  • look at economic trends
  • it is becoming more apparent that we may be entering a time when low wage jobs dominate and home prices remain sluggish for a decade moving forward.
  • looking at the Federal Reserve’s quantitative easing program, growth of lower paying jobs, baby boomers retiring, and the massive amount of excess housing inventory we start to see why Japan’s post-bubble real estate market is very likely to occur in the United States.
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  • both economies had extraordinarily large real estate bubbles.
  • Massive real estate bubble (check) -Central bank bailing out banks (check) -Bailed out banks keep bad real estate loans on their books at inflated values (check) -Government taking on higher and higher levels of debt relative to GDP (check) -Employment situation stabilizes with less secure labor force (check) -Home prices remain stagnant (check)
  • the United States had never witnessed a year over year drop in nationwide home prices since the Great Depression.
  • home prices are now back to levels last seen 8 years ago.  The lost decade is now nipping at our heels but what about two lost decades like Japan?
  • the U.S. has such a large number of part-time workers and many of the new jobs being added are coming in lower paying sectors signifies that our economy is not supportive of the reasons that gave us solid home prices for many decades. 
  • young Japanese workers, some in their late 20s or early 30s, already resigned that they would never buy a home.
  • The notion that housing is always a great investment runs counter to what they saw in their lives.  Will they even want to buy as many baby boomers put their larger homes on the market
  • many of our young households here are now coming out with massive amounts of student loan debt.
  • Lower incomes, more debt, and less job security.  What this translated to in Japan was stagnant home prices for 20 full years.  We are nearing our 10 year bear market anniversary in real estate so another 10 is not impossible.  What can change this?  Higher median household incomes across the nation but at a time when gas costs $4 a gallon, grocery prices are increasing, college tuition is in a bubble, and the financial system operates with no reform and exploits the bubble of the day, it is hard to see why Americans would be pushing home prices higher.
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    Explains how Japan has responded to the breaking of their real estate market bubble and the effect it has had on Japan's economy
Cathy Yungmann

https://www.washingtonpost.com/education/2019/10/24/federal-judge-holds-devos-contempt-... - 5 views

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    Massive fine to federal Education Department for continuing to defraud former for-profit college loan students.
Kate Pok

FinAid | Loans | Public Service Loan Forgiveness - 67 views

  • Employment: The borrower must be employed full-time in a public service job for each of the 120 monthly payments. Public service jobs include, among other positions, emergency management, government (excluding time served as a member of Congress), military service, public safety and law enforcement (police and fire), public health (including nurses, nurse practitioners, nurses in a clinical setting, and full-time professionals engaged in health care practitioner occupations and health care support occupations), public education, early childhood education (including licensed or regulated childcare, Head Start, and State-funded prekindergarten), social work in a public child or family service agency, public services for individuals with disabilities or the elderly, public interest legal services (including prosecutors, public defenders and legal advocacy on behalf of low-income communities at a nonprofit organization), public librarians, school librarians and other school-based services, and employees of tax exempt 501(c)(3) organizations. Full-time faculty at tribal colleges and universities, as well as faculty teaching in high-need subject areas and shortage areas (including nurse faculty, foreign language faculty, and part-time faculty at community colleges), also qualify.
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    FYI
Martha Hickson

Melville House Books » Random House makes history, says it will sell books to... - 34 views

  • threw caution to the wind and announced they’d struck a deal with libraries: It was going to raise the price of its ebooks to library wholesalers, but once a library had bought the book, that was it. They could loan it out as many times as they wanted and never have to pay for it again.
  • Random House ,  threw caution to the wind and announced they’d struck a deal with libraries: It was going to raise the price of its ebooks to library wholesalers, but once a library had bought the book, that was it. They could loan it out as many times as they wanted and never have to pay for it again.
C CC

Resources Released to Teach about Dangers of Loan Sharks | UKEdChat.com - Supporting th... - 3 views

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    Resources support teachers to get pupils thinking about good loans and bad debts
Sandy Dewey

Understand Assistive Technology Loan Libraries - 0 views

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    Learn about Assistive Technology loan libraries in this video presented by the PACER Simon Technology Center. www.pacer.org/stc
Stephanie Holt

Sprechen Sie Denglish? - 9 views

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    NYT blog post on English borrowings into German, and loan words more generally.
Aaron Shaw

Catapult design project - 33 views

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    "Your team has been assigned the task of designing a catapult capable of delivering a specific projectile to a prescribed target. You will be loaned a generic catapult and a projectile for this project. "
Joline Blais

Op-Ed Contributor - End the University as We Know It - NYTimes.com - 33 views

  • GRADUATE education is the Detroit of higher learning. Most graduate programs in American universities produce a product for which there is no market (candidates for teaching positions that do not exist) and develop skills for which there is diminishing demand (research in subfields within subfields and publication in journals read by no one other than a few like-minded colleagues), all at a rapidly rising cost (sometimes well over $100,000 in student loans).
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    This is a must read. Taylor's push to eliminate departments sounds much like what Liz Coleman did at Bennington a few years ago.
Tonya Thomas

Student Aid on the Web - 31 views

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    on twitter #collegeaffordability
Dimitris Tzouris

The iPad goes to college this fall - CNN.com - 32 views

  • The program will be used to determine how effective iPads can be as tools to enhance learning as well as how such mobile devices can be integrated into the workplace.
  • The university has already identified one class where the textbook in ePub format costs $100 less than the dead-tree version.
  • there is potential for cost savings as well
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  • With a typical class load of five courses, it could be possible to completely offset the cost of a device like an iPad in textbook savings alone.
  • North Carolina State University Libraries announced this past spring that it acquired 30 iPads to offer students and faculty for four-hour loans as part of the school's Technology Lending Service.
Javier E

College Freshmen Stress Levels High, Survey Finds - NYTimes.com - 13 views

  • In the survey, “The American Freshman: National Norms Fall 2010,” involving more than 200,000 incoming full-time students at four-year colleges, the percentage of students rating themselves as “below average” in emotional health rose. Meanwhile, the percentage of students who said their emotional health was above average fell to 52 percent. It was 64 percent in 1985.
  • “More students are arriving on campus with problems, needing support, and today’s economic factors are putting a lot of extra stress on college students, as they look at their loans and wonder if there will be a career waiting for them on the other side.”
  • “Students know their generation is likely to be less successful than their parents’, so they feel more pressure to succeed than in the past,” said Jason Ebbeling, director of residential education at Southern Oregon University. “These days, students worry that even with a college degree they won’t find a job that pays more than minimum wage, so even at 15 or 16 they’re thinking they’ll need to get into an M.B.A. program or Ph.D. program.”
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  • For many young people, serious stress starts before college. The share of students who said on the survey that they had been frequently overwhelmed by all they had to do during their senior year of high school rose to 29 percent from 27 percent last year.
  • The gender gap on that question was even larger than on emotional health, with 18 percent of the men saying they had been frequently overwhelmed, compared with 39 percent of the women.
Kurt Schmidt

A Perfect Storm in Undergraduate Education, Part 2 - Advice - The Chronicle of Higher E... - 43 views

  • But, in the past few generations, the imagery and rhetoric of academic marketing have cultivated a belief that college will be, if not decadent, at least primarily recreational: social activities, sporting events, and travel.
  • Increasingly, students are buying an "experience" instead of earning an education, and, in the competition to attract customers, that's what's colleges are selling.
  • a growing percentage of students are arriving at college without ever having written a research paper, read a novel, or taken an essay examination. And those students do not perceive that they have missed something in their education; after all, they have top grades. In that context, the demands of professors for different kinds of work can seem bewildering and unreasonable, and students naturally gravitate to courses with more-familiar expectations.
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  • Students increasingly are pressured to go to college not because they want to learn (much less become prepared for the duties of citizenship), but because they and their parents believe—perhaps rightly—that not going will exclude them from middle-class jobs.
  • At most universities, a student is likely to be unknown to the professor and would expect to feel like a nuisance, a distraction from more important work.
  • As academic expectations have decreased, social programming and extracurricular activities have expanded to fill more than the available time. That is particularly the case for residential students, for whom the possibility of social isolation is a source of great anxiety.
  • College has become unaffordable for most people without substantial loans; essentially they are mortgaging their future in the expectation of greater earnings. In order to reduce borrowing, more and more students leave class early or arrive late or neglect assignments, because they are working to provide money for tuition or living expenses.
  • As students' anxiety about the future increases, no amount of special pleading for general-education courses on history, literature, or philosophy—really anything that is not obviously job-related—will convince most students that they should take those courses seriously.
  • But at the major universities, most professors are too busy to care about individual students, and it is easy to become lost amid a sea of equally disenchanted undergraduates looking for some kind of purpose—and not finding it.
  • we need to make "rigorous and high-quality educational experiences a moral imperative."
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    ". . . we need to make 'rigorous and high-quality educational experiences a moral imperative.'"
Rafael Morales_Gamboa

Noam Chomsky on Democracy and Education in the 21st Century and Beyond - 38 views

  • So a lot of public education was, in fact, concerned with trying to teach independent people to become workers in an industrial system.
  • we have to train them in obedience and servility, so they're not going to think through the way the world works and come after our throats.
  • One can at least be suspicious that skyrocketing student debt is a device of indoctrination
    • Rafael Morales_Gamboa
       
      My landlord in Edinburgh, Peter Sinclair, used to say that students do not protest these days because they all have loans to pay.
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  • "the failures of the institutions responsible for indoctrinating the young."
  • It's not just you learned how a mosquito flies in the rain, but you learn how to be creative and why it's exciting to learn things and create things and make up new things. And that can be done from kindergarten on
  • There are a lot of factors. And one of them, probably, is just that students are trapped
  • First of all, the existence of the advertising industry is a sign of the unwillingness to let markets function. If you had markets, you wouldn't have advertising. Like, if somebody has something to sell, they say what it is and you buy it if you want. But when you have oligopolies, they want to stop price wars
  • there's no real economic reason for high-priced higher education and skyrocketing student debt
  • It doesn't matter how much you learn in school; it's whether you learn how to go on and do things by yourself
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