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Click here to visit the new home of Politics Daily!Here's one change in higher education that parents and students can get behind. Sewanee: The University of the South, announced that it will be dropping its $46,000 price of tuition next year by 10 percent, effectively bucking a trend of yearly 4 to 5 percent price hikes at private colleges. The university is making the change to better compete with cheaper public schools and other private schools that will likely continue to raise their price tags, The New York Times reports. "Higher education is on the verge of pricing itself beyond the reach of more and more families," Vice Chancellor ...
As Republicans settle into their new majority position in the House of Representatives this week, one GOP member, Virginia Foxx of North Carolina, is getting a lot of attention for her controversial appointment to head the House subcommittee on higher education. Here are five things you should know about Rep. Virginia Foxx: 1. She worked in higher ed before taking the politics plunge. The 67-year-old Foxx had a lengthy career on campus before being elected first to the North Carolina Senate, then to the U.S. House of Representatives. She taught English and sociology before working in college ...
President Barack Obama's repeated warning that a college degree is indispensable for the nation's recovery and growth is uncritically accepted. But two new books call that assertion into serious question at a time when the stakes have never been higher. In the first -- "National Intellectual Capital: A Comparison of 40 Countries" -- Leif Edvinsson of the University of Lund in Sweden places the U.S. No. 5 in the world, behind Finland, Sweden, Switzerland and Denmark. Japan, Taiwan and South Korea -- often depicted as formidable competitors, finished 14th, 17th and 21st respectively. The ...
(Oct. 1) -- Should shoveling snow be part of the curriculum for a degree in Asian studies? (Obviously, no.) But that reportedly didn't stop Cecilia Chang, the former St. John's University Institute of Asian Studies dean accused of embezzling more than $1 million in school funds, from demanding the service, among other menial tasks, from her scholarship students. Chang, who controlled 15 scholarships each worth at least $5,000, required her students to perform menial tasks to maintain their funding, according to the FBI. The FBI report listed chauffeuring her son to the airport at 3 a.m., ...
(Aug. 23) -- Like home ownership, a college degree used to be perceived as one of the keys to success. Unfortunately, these days it's starting to look like a gateway to financial ruin. The Federal Reserve has confirmed that as of June 2010, consumers now owe more on their student loans than on their credit cards. A separate report reveals that one in five people can't make their monthly payments. As a result, Sallie Mae and Citibank have become the arch nemesis of millions, and the country as a whole faces what some warn is America's next "mortgage meltdown." Granted, we are all ...
If you live in Bogotá, there are street entertainers everywhere. At traffic lights, you may find a monocyclist juggling knives. Storytellers keep people occupied on buses. Hundreds of young people in Colombia are in the streets entertaining for a couple of coins. Karen, a third year psychology student at the Javeriana University in Bogota, was recently selling homemade chocolate lollipops for one thousand Colombian pesos, or fifty cents, in order to help pay her $6,000 annual tuition and the expenses of her family. The prices of higher education in Colombia prevent many young people from ...
(March 26) -- Bolted to the health care bill is a student loan reform plan that backers say will make college more accessible to students and that critics call a government takeover of the student loan program. The overhaul may or may not make things better, but what we have now isn't good. But not for the reason either side is willing to admit. The problem at the center of the current program, and the new program, is the government subsidies themselves. Taxpayers cover a portion of the interest rate and the costs if students default, which they are doing in increasing numbers. These ...
LONDON -- In the aftermath of the Christmas Day bombing attempt, our nation is once again grappling with how best to protect itself against terrorist attacks. So far, the U.S. government has been directing its resources towards things like airport security and strengthening the government in Yemen, a new hotbed for al-Qaeda. But it's worth asking whether we'd be better served by focusing on what goes on inside universities. ...
For the past few weeks, with President Obama tending to global issues abroad, many of his adversaries, as well as some in the media, saw their opportunity to claim he was losing his grip on the economy, and by extension his entire domestic agenda. Critics point to the lag in stimulus money distribution, stagnant or rising unemployment, and "untimely and unaffordable" health care and energy legislation. ...
The most recent round of layoffs at Temple University last week has raised an outcry from faculty and staff members, bitter not just over the consequences of a lagging economy but over the "cruel" way in which the layoffs were handled. ...
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