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anonymous

Gaming the College Rankings - NYTimes.com - 0 views

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    "Any love-hate relationship must have its share of pain, so the academic world, in its obsession with college rankings, is suitably dismayed by news that an elite college, Claremont McKenna, fudged its numbers in an apparent bid to climb the charts. Claremont McKenna in California is the latest but not the only college to have admitted submitting false information in an effort to win a high rating. Dismayed, but not quite surprised. In fact, several colleges in recent years have been caught gaming the system - in particular, the avidly watched U.S. News & World Report rankings - by twisting the meanings of rules, cherry-picking data or just lying. In one recent example, Iona College in New Rochelle, north of New York City, acknowledged last fall that its employees had lied for years not only about test scores, but also about graduation rates, freshman retention, student-faculty ratio, acceptance rates and alumni giving. Other institutions have found ways to manipulate the data without outright dishonesty. In 2008, Baylor University offered financial rewards to admitted students to retake the SAT in hopes of increasing its average score. Admissions directors say that some colleges delay admission of low-scoring students until January, excluding them from averages for the class admitted in September, while other colleges seek more applications to report a lower percentage of students accepted. Claremont McKenna, according to Robert Morse, the director of data research at U.S. News, is "the highest-ranking school to have to go through this publicly and have to admit to misreporting." This year, U.S. News rated it as the nation's ninth-best liberal arts college. There is no reason to think the U.S. News rankings are rife with misinformation, and the publication makes efforts to police the data, adjust its metrics and close loopholes. But repeated revelations of manipulation show the importance of the rankings in the minds of prospective students, thei
anonymous

Foreign Language Programs Cut as Colleges Lose Aid - NYTimes.com - 0 views

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    "If the cuts have struck a nerve far from this upstate campus and in more than one language, it is in large part because they involve language itself, and some cherished staples of the curriculum. The university announced this fall that it would stop letting new students major in French, Italian, Russian and the classics. The move mirrors similar prunings around the country at other public colleges and universities that are reeling from steep drops in state aid. After a generation of expansion, academic officials are being forced to lop entire majors. More often than not, foreign languages - European ones in particular - are on the chopping block. The reasons for their plight are many. Some languages may seem less vital in a world increasingly dominated by English. Web sites and new technologies offer instant translations. The small, interactive classes typical of foreign language instruction are costly for universities. But the paradox, some experts in higher education say, is that many schools are eliminating language degrees and graduate programs just as they begin to embrace an international mission: opening campuses abroad, recruiting students from overseas and talking about graduating citizens of the world. The University at Albany's motto is "The World Within Reach." "
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    The TOK issue here is whether or not European foreign languages are necessary or valuable and thus, whether or not their elimination is a loss to higher education.
anonymous

The Lost Languages, Found in New York - NYTimes.com - 0 views

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    "While there is no precise count, some experts believe New York is home to as many as 800 languages - far more than the 176 spoken by students in the city's public schools or the 138 that residents of Queens, New York's most diverse borough, listed on their 2000 census forms.\n\n"It is the capital of language density in the world," said Daniel Kaufman, an adjunct professor of linguistics at the Graduate Center of the City University of New York. "We're sitting in an endangerment hot spot where we are surrounded by languages that are not going to be around even in 20 or 30 years." "
anonymous

Is Going to an Elite College Worth the Cost? - NYTimes.com - 0 views

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    "AS hundreds of thousands of students rush to fill out college applications to meet end-of-the-year deadlines, it might be worth asking them: Is where you spend the next four years of your life that important? Harvard can give you advantages, but not everything. The sluggish economy and rising costs of college have only intensified questions about whether expensive, prestigious colleges make any difference. Do their graduates make more money? Get into better professional programs? Make better connections? And are they more satisfied with their lives, or at least with their work?"
anonymous

For Law School Graduates, Debts if Not Job Offers - NYTimes.com - 1 views

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    "IF there is ever a class in how to remain calm while trapped beneath $250,000 in loans, Michael Wallerstein ought to teach it. Here he is, sitting one afternoon at a restaurant on the Upper East Side of Manhattan, a tall, sandy-haired, 27-year-old radiating a kind of surfer-dude serenity. His secret, if that's the right word, is to pretty much ignore all the calls and letters that he receives every day from the dozen or so creditors now hounding him for cash. "And I don't open the e-mail alerts with my credit score," he adds. "I can't look at my credit score any more." Mr. Wallerstein, who can't afford to pay down interest and thus watches the outstanding loan balance grow, is in roughly the same financial hell as people who bought more home than they could afford during the real estate boom. But creditors can't foreclose on him because he didn't spend the money on a house. "
anonymous

Does It Matter Where You Go to College? - Room for Debate - NYTimes.com - 0 views

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    "Will you have a better life if you graduate from an elite school? Students and their parents think the answer is yes, and competition for slots at top-ranked (and costly) schools seems higher than ever. Having a big name college on your resume can impress employers, friends and the opposite sex. The Times columnist Gail Collins says this national fixation makes little sense. "We can do a great service to the youth and parents of America by telling them to stop obsessing about choosing a college," she wrote recently in The Conversation blog. "Kids, you do not need to go to a school with a name that impresses your friends. Go to a school you can afford." If enough people took her advice, the spell might be broken. In the meantime, what should sensible and ambitious students keep in mind about where they go to school?"
anonymous

Economic View - The Overconfidence Problem in Forecasting - NYTimes.com - 1 views

  • BUSINESSES in nearly every industry were caught off guard by the Great Recession. Few leaders in business — or government, for that matter — seem to have even considered the possibility that an economic downturn of this magnitude could happen.
  • What was wrong with their thinking? These decision-makers may have been betrayed by a flaw that has been documented in hundreds of studies: overconfidence.
    • anonymous
       
      Overconfidence! Emotion blinding one to reality. Hubris is what the Greeks called it. No matter how mathematical the Wall Street Quants (MIT, CalTech graduates who have been hired in huge numbers to write algorithms to figure out the stock market) try to make things, human emotions and personalities will always play a factor in any prediction in economics or any science for that matter.
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  • Most of us think that we are “better than average” in most things. We are also “miscalibrated,” meaning that our sense of the probability of events doesn’t line up with reality. When we say we are sure about a certain fact, for example, we may well be right only half the time.
    • anonymous
       
      Hopefully, by now, you see this as a totally TOK paragraph!!!
  • Some economists have questioned whether such experimental findings are relevant in competitive markets. They suggest that students, who often serve as guinea pigs in such tests, are overconfident, but that the top managers in large companies are well calibrated. A recent paper, however, reveals that this hopeful view is itself overconfident.
    • anonymous
       
      Great relevance to this year's TOK Essay Topic #2 "How important are the opinions of experts in the search for knowledge?"
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    "BUSINESSES in nearly every industry were caught off guard by the Great Recession. Few leaders in business - or government, for that matter - seem to have even considered the possibility that an economic downturn of this magnitude could happen. "
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