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Javier E

Obama's War on Inequality - The New York Times - 16 views

  • what can policy do to limit inequality? The answer is, it can operate on two fronts. It can engage in redistribution, taxing high incomes and aiding families with lower incomes. It can also engage in what is sometimes called “predistribution,” strengthening the bargaining power of lower-paid workers and limiting the opportunities for a handful of people to make giant sums.
  • We can see this in our own history. The middle-class society that baby boomers like me grew up in didn’t happen by accident; it was created by the New Deal, which engineered what economists call the “Great Compression,” a sharp reduction in income gaps.
  • Obamacare provides aid and subsidies mainly to lower-income working Americans, and it pays for that aid partly with higher taxes at the top. That makes it an important redistributionist policy — the biggest such policy since the 1960s.
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  • between those extra Obamacare taxes and the expiration of the high-end Bush tax cuts made possible by Mr. Obama’s re-election, the average federal tax rate on the top 1 percent has risen quite a lot. In fact, it’s roughly back to what it was in 1979, pre-Ronald Reagan, something nobody seems to know.
  • What about predistribution? Well, why is Mr. Trump, like everyone in the G.O.P., so eager to repeal financial reform? Because despite what you may have heard about its ineffectuality, Dodd-Frank actually has put a substantial crimp in the ability of Wall Street to make money hand over fist.
  • these medium-size steps put the lie to the pessimism and fatalism one hears all too often on this subject. No, America isn’t an oligarchy in which both parties reliably serve the interests of the economic elite.
  • Money talks on both sides of the aisle, but the influence of big donors hasn’t prevented the current president from doing a substantial amount to narrow income gaps — and he would have done much more if he’d faced less opposition in Congress.
Martin Burrett

Montessori preschool boosts academic results and reduces income-based inequalit - 5 views

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    "Not only do Montessori children do better overall than those in conventional preschools, but Montessori preschools help low-income children to perform as well as wealthier children Children in Montessori preschools show improved academic performance and social understanding, while enjoying their school work more, finds the first longitudinal study of Montessori education outcomes. Strikingly, children from low-income families, who typically don't perform as well at school, show similar academic performance as children from high-income families. Children with low executive function similarly benefit from Montessori preschools. The study, published in Frontiers in Psychology, suggests that well-implemented Montessori education could be a powerful way to help disadvantaged children to achieve their academic potential."
Javier E

Money Cuts Both Ways in Education - NYTimes.com - 19 views

  • If you doubt that we live in a winner-take-all economy and that education is the trump card, consider the vast amounts the affluent spend to teach their offspring.
  • This power spending on the children of the economic elite is usually — and rightly — cited as further evidence of the dangers of rising income inequality.
  • But it may be that the less lavishly educated children lower down the income distribution aren’t the only losers. Being groomed for the winner-take-all economy starting in nursery school turns out to exact a toll on the children at the top, too.
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  • There is a lively debate among politicians and professors about whether the economy is becoming more polarized and about the importance of education. Dismissing the value of a college education is one of the more popular clever-sounding contrarian ideas of the moment. And there are still a few die-hards who play down the social significance of rising income inequality.
  • When you translate these abstract arguments into the practical choices we make in our personal lives, however, the intellectual disagreements melt away. We are all spending a lot more money to educate our kids, and the richest have stepped up their spending more than everyone else.
  • spending on children grew over the past four decades and that it became more unequal. “Our findings also show that investment grew more unequal over the study period: parents near the top of the income distribution spent more in real dollars near the end of the 2000s than in the early 1970s, and the gap in spending between rich and poor grew.”
  • But it turns out that the children being primed for that race to the top from preschool onward aren’t in such great shape, either.
  • “What we are finding again and again, in upper-middle-class school districts, is the proportion who are struggling are significantly higher than in normative samples,” she said. “Upper-middle-class kids are an at-risk group.”
  • troubled rich kids. “I was looking for a comparison group for the inner-city kids,” Dr. Luthar told me. “And we happened to find that substance use, depression and anxiety, particularly among the girls, were much higher than among inner-city kids.”
  • “I Can, Therefore I Must: Fragility in the Upper Middle Class,” and it describes a world in which the opportunities, and therefore the demands, for upper-middle-class children are infinite.
  • “It is an endless cycle, starting from kindergarten,” Dr. Luthar said. “The difficulty is that you have these enrichment activities. It is almost as if, if you have the opportunity, you must avail yourself of it. The pressure is enormous.”
  • these parents and children are responding rationally to a hyper-competitive world economy.
  • “When we talk to youngsters now, when they set goals for themselves, they want to match up to at least what their parents have achieved, and that is harder to do.”
  • we live in individualistic democracies whose credo is that anyone can be a winner if she tries. But we are also subject to increasingly fierce winner-take-all forces, which means the winners’ circle is ever smaller, and the value of winning is ever higher.
Matt Renwick

Educational Leadership:Faces of Poverty:Boosting Achievement by Pursuing Diversity - 19 views

    • Matt Renwick
       
      This is a critical point. Allowing middle class families to pick and choose where there kids should go without valid reasons (i.e. work) can hurt high poverty schools.
    • Matt Renwick
       
      Have we?
  • Residential poverty tends to be concentrated, and successful school integration requires either a district with enough socioeconomic diversity within its boundaries or a group of neighboring districts which, when combined, have enough diversity to facilitate an interdistrict integration plan.
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  • A weighted lottery is the simplest way for schools to ensure that they enroll a diverse student body while still relying on choice-based enrollment.
    • Matt Renwick
       
      A possible solution?
  • ndividual success stories and a review of research suggest that it is possible, by offering all students a single challenging curriculum, to reduce the achievement gap without harming the highest achievers (Burris, Wiley, Welner, & Murphy, 2008; Rui, 2009).
  • In the middle grades, students at City Neighbors start their day with half an hour of highly specialized, small-group instruction called intensive. Intensive provides an opportunity for extra support or enrichment in different subjects, allowing teachers to meet different students' needs while still teaching most of the academic time in mixed-ability classrooms.
    • Matt Renwick
       
      Sounds like an intervention block, something many buildings have or are looking at.
  • small but growing number of schools are attempting to boost the achievement of low-income students by shifting enrollment to place more low-income students in mixed-income schools. Socioeconomic integration is an effective way to tap into the academic benefits of having high-achieving peers, an engaged community of parents, and high-quality teachers.
  • A 2010 meta-analysis found that students of all socioeconomic statuses, races, ethnicities, and grade levels were likely to have higher mathematics performance if they attended socioeconomically and racially integrated schools (Mickelson & Bottia, 2010).
  • Research supporting socioeconomic integration goes back to the famous Coleman Report, which found that the strongest school-related predictor of student achievement was the socioeconomic composition of the student body (Coleman et al., 1966).
  • nd results of the 2011 National Assessment of Educational Progress in mathematics show steady increases in low-income 4th graders' average scores as the percentage of poor students in their school decreases (U.S. Department of Education, 2011).
  • a number of studies have found that the relationship between student outcomes and the socioeconomic composition of schools is strong even after controlling for some of these factors, using more nuanced measures of socioeconomic status, or comparing outcomes for students randomly assigned to schools (Reid, 2012; Schwartz, 2012).
  • Rumberger and Palardy (2005) found that the socioeconomic composition of the school was as strong a predictor of student outcomes as students' own socioeconomic status.
  • Socioeconomic integration is a win-win situation: Low-income students' performance rises; all students receive the cognitive benefits of a diverse learning environment (Antonio et al., 2004; Phillips, Rodosky, Muñoz, & Larsen, 2009); and middle-class students' performance seems to be unaffected up to a certain level of integration.
  • A recent meta-analysis found "growing but still inconclusive evidence" that the achievement of more advantaged students was not harmed by desegregation policies (Harris, 2008, p. 563).
  • he findings suggested that, more than a precise threshold, what mattered in these schools was maintaining a critical mass of middle-class families, which promoted a culture of high expectations, safety, and community support.
  • istricts have chosen to let school boundaries reflect or even amplify residential segregation.
Randolph Hollingsworth

Ideas Trump Resources When it Comes to City Growth - Richard Florida - The Atlantic Cities - 0 views

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    important for all us educators to remember: knowledge and extractive industries do not mix. "Across all U.S. metros, the share of workers in resource and extractive industries had no correlation whatsoever to four key measures of regional development: economic output per capita, average wages per capita, income, or median household income (the correlations range from -.08 to .09, none being statistically significant). Conversely, the share of workers employed in idea-based knowledge and creative industries was strongly associated with all four regional development measures (with correlations ranging from .53 to .74). In line with the resource curse hypothesis, the share of employment in resource and extractive industries was negatively associated with share of employment in knowledge industries and also with the share of adults with college degrees, a key measure of skill and human capital which economists uniformly find to be a key driver of short and long-run economic prosperity."
Bill Kuykendall

Digital Domain - Computers at Home - Educational Hope vs. Teenage Reality - NYTimes.com - 32 views

  • Economists are trying to measure a home computer’s educational impact on schoolchildren in low-income households.
  • little or no educational benefit is found. Worse, computers seem to have further separated children in low-income households, whose test scores often decline after the machine arrives, from their more privileged counterparts.
  • few children whose families obtained computers said they used the machines for homework. What they were used for — daily — was playing games.
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  • “Scaling the Digital Divide,” published last month, looks at the arrival of broadband service in North Carolina between 2000 and 2005 and its effect on middle school test scores during that period. Students posted significantly lower math test scores after the first broadband service provider showed up in their neighborhood, and significantly lower reading scores as well when the number of broadband providers passed four.
  • The expansion of broadband service was associated with a pronounced drop in test scores for black students in both reading and math, but no effect on the math scores and little on the reading scores of other students.
  • THE one area where the students from lower-income families in the immersion program closed the gap with higher-income students was the same one identified in the Romanian study: computer skills.
  • How disappointing to read in the Texas study that “there was no evidence linking technology immersion with student self-directed learning or their general satisfaction with schoolwork.”
Margaret FalerSweany

Academic Skills on Web Are Tied to Income Level - NYTimes.com - 41 views

  • a new study shows that a separate gap has emerged, with lower-income students again lagging more affluent students in their ability to find, evaluate, integrate and communicate the information they find online.
  • Teachers have to expect and recognize that they can’t just say ‘Google something,’ because some of our students still don’t know what that means
  • teachers often assumed that because adolescents seemed so comfortable with technology that they actually knew how to use it in an academic context. Teachers have the “perception that the students are already tech savvy and can navigate and move around more quickly than the teachers,” Mr. Damico said. “B
Brianna Crowley

Teachers Can Do Harm | transformED - 51 views

  • Teaching is a professional craft. Thinking that any high-scoring college student could come in and excel demeans it as a profession. No one would consider letting smart English majors perform surgery on low-income patients, or allowing cum laude math majors to do legal work for poor clients.
  • Stuffing under-prepared rookies’ ears with confidence and sending them into the fray doesn’t have a net neutral impact on our students or our national conversation on education.
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    Teaching is a professional craft. Thinking that any high-scoring college student could come in and excel demeans it as a profession. No one would consider letting smart English majors perform surgery on low-income patients, or allowing cum laude math majors to do legal work for poor clients.
Javier E

Getting Into the Ivies - NYTimes.com - 0 views

  • For American teenagers, it really is harder to get into Harvard — or Yale, Stanford, Brown, Boston College or many other elite colleges — than it was when today’s 40-year-olds or 50-year-olds were applying. The number of spots filled by American students at Harvard, after adjusting for the size of the teenage population nationwide, has dropped 27 percent since 1994.
  • The share for any individual college is minuscule, of course. In 2012, about 33 out of every 100,000 American 18- to 21-year-olds were attending Harvard, down from 45 per 100,000 in 1994. These changes in the share tell you how much harder, or easier, admission has become for American teenagers on average. Between 1984 and 1994, it became easier at many colleges. The college-age population in this country fell during that time to 14.1 million in 1994 from 16.5 million in 1984, and the number of foreign students was relatively stable.
  • For students from the Northeast applying to elite colleges in the region, college admissions have probably become even more difficult in recent decades than these statistics suggest. Not only have colleges globalized, they have also become less regional, admitting more students from states like North Carolina, Texas and Washington.
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  • Over the last 20 years, several large colleges, like N.Y.U. and the University of Southern California, have improved markedly, effectively increasing the number of seats on elite campuses
  • On average, about 15 percent of students at elite colleges receive Pell grants, which as a rule of thumb go to students in the bottom half of the income distribution.
  • Low-income applicants are left to compete for the remaining slots with applicants who have the highest test scores, most impressive extracurricular activities and most eloquent essays.
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    After reading this i felt I could assuage the parents group at my daughter's school who were heartbroken that their siblings were not accepted into the school as well.
Ryan Trauman

The Astro Banshees | Blog | Closing Argument - 0 views

shared by Ryan Trauman on 21 Apr 11 - No Cached
  • In Dennis Burgess article ‘ObesityPproblem stems from Laziness’, he adresses the root cause of obesity. Burgess claims the root of obesity to be laziness. He argues that America does not have an ‘obesity problem’, rather a ‘laziness problem’. More specifically, Burgess makes mention of the correlation between children and parents concerning obesity. ‘As a child, I would go outside and “play”. This involved getting up off the couch and exerting myself. But many of today’s children don’t participate in this type of play. And many of today’s parents sit on the couch right next to them’ (Dennis B. Burgess). Burgess makes the correlation by stating that the parents often times discourage active play by not setting the example. Parents would rather sit with their kids on the couch than take the initiative and go outside with their kids and take a walk or play ball. Parents do indeed play a role in their children’s health and ultimately have some effect on their children’s health. Healthy kids most often have healthy parents who encourage their kids good health by setting the example well and partaking in activity with their kids.
    • Ryan Trauman
       
      Excellent work here, Lizzy. You stick nice and close to the quotation that you actually introduce. Then you reflect on it some. Then you offer your own position. This is a great job.
  • Andrea Freeman addresses the issue of fast food in her article ‘Fast Food: Oppression Through Poor Nutrition.’ Freeman considers fast food in respects to low- income families. ‘Fast food has become a major source of nutrition in low- income, urban neighborhoods across the United States’ (Freeman, pg. 1). Less privelaged families must make do with their current financial situation. The easiest most convenient food source for low- income families is that of fast food. Therefore, parents have a direct effect on their children’s health.
    • Ryan Trauman
       
      This quotation is less successful. You really don't reflect on Freeman's quotation at all.
Randolph Hollingsworth

Lumina Foundation's Federal Policy Priorities - full report and 2 page summary - 9 views

  • federal policy needs to look beyond access to encompass student success and work for all students in the 21st century, including working adults, low-income students, first-generation students and students of color
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    federal government sought to promote equitable access to postsecondary education. This role continues to be critical on Capitol Hill, especially for low-income, minority and other underserved populations. ... This requires supporting innovative practices at institutions of higher education and other quality postsecondary education providers. ...Congress must help ensure that postsecondary education is affordable. ...most critically, federal policy must assure the quality of credentials in terms of student learning.
Margaret FalerSweany

How Firm Are Our Principles? - NYTimes.com - 1 views

  • MORAL quandaries often pit concerns about principles against concerns about practical consequences.
  • two ethical frameworks. A utilitarian perspective evaluates an action purely by its consequences. If it does good, it’s good. A deontological approach, meanwhile, also takes into account aspects of the action itself, like whether it adheres to certain rules. Do not kill, even if killing does good. No one adheres strictly to either philosophy, and it turns out we can be nudged one way or the other for illogical reasons.
  • to think either abstractly or concretely
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  • a very simple manipulation of mind-set that did not change the specifics of the case led to very different responses.
  • Class can also play a role. Another paper, in the March issue of the Journal of Personality and Social Psychology, shows that upper-income people tend to have less empathy than those from lower-income strata, and so are more willing to sacrifice individuals for the greater good.
  • stressing subjects, rushing them or reminding them of their mortality all reduce utilitarian responses,
  • Even the way a scenario is worded can influence our judgments, as lawyers and politicians well know.
  • our moods can make misdeeds seem more or less sinful.
  • Objective moral truth doesn’t exist, and these studies show that even if it did, our grasp of it would be tenuous.
Jac Londe

Analyzing General Electric's Debt And Risk - Seeking Alpha - 17 views

  • Analyzing General Electric's Debt And Risk
  • 1. Total Debt = Long-Term Debt + Short-Term Debt
  • 2. Total Liabilities
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  • 4. Debt ratio = Total Liabilities / Total Assets
  • 3. Total Debt to Total Assets Ratio = Total Debt / Total Assets
  • 6. Capitalization Ratio = LT Debt / LT Debt + Shareholders' Equity(LT Debt = Long-Term Debt)
  • 5. Debt to Equity Ratio = Total Liabilities / Shareholders' Equity
  • 7. Cash Flow to Total Debt Ratio = Operating Cash Flow / Total Debt
  • 8. Cost of debt (before tax) = Corporate Bond rate of company's bond rating.
  • 9. Current tax rate ( Income Tax total / Income before Tax)
Marc Patton

Citi | Foundation - 0 views

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    The Citi Foundation supports the economic empowerment and financial inclusion of low- to moderate-income people in communities where Citi operates.
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
Matt Renwick

One Equally Effective but Lower-Cost Option to Summer School - 9 views

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    "Just improving poor children's access to books they can read and want to read may seem too simple an idea for improving reading achievement. But the evidence is clear. When children from low-income families are given the opportunity to select books for summer reading they will read those books during the summer months."
Marc Patton

Mr. Holland's Opus Foundation - 1 views

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    The Mr. Holland's Opus Foundation receives more than 1,000 applications each year. Although we would like to help all who apply, our resources are limited and the process is very competitive. Music programs serving low-income communities, programs with little or no budget for musical instruments and music programs that serve the most students out of the school population are considered before all others.
Sharon Stephens

Using Google Alerts to Monitor Incoming Links | The Edublogger - 0 views

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    How to use Google Alerts for notification of links to your web page.
Freewoman Longlife

Shaklee Videos: How to Earn - 15 views

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    Do you need to earn an extra income? Are you a communicator?
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    This doesn't seem like the right venue for this type of posting. Postings should be about education.
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