The Higher Education (Debt) Bubble - "[H]igh and increasing college costs mean students need to take out more loans, more loans mean more securities lenders can package and sell, more selling means lenders can offer more loans with the capital they raise, which means colleges can continue to raise costs. The result is over $800 billion in outstanding student debt, over 30 percent of it securitized, and the federal government directly or indirectly on the hook for almost all of it. If this sounds familiar, it probably should...
[more inside]
posted by kliuless
on May 17, 2011 -
185 comments
Speaking of speeches, David Eggers
delivers one at TED on grassroots community tutoring for kids who need help with their English homework: "There's something about the kids finishing their homework in a given day, working one on one, getting all this attention. They finish their homework, they go home -- they're finished. They don't stall. They don't do their homework in front of the TV. They're allowed to go home 5:30, enjoy their family, enjoy other hobbies, get outside, play and that makes a happy family. A bunch of happy families in a neighborhood is a happy community. A bunch of happy communities tied together is a happy city and a happy world, right? So, the key to it all is homework." Love him or hate him (
mefi consensus) it's a great example of
nervous energy microphilanthropy,
social entrepreneurship and, if I may make the connection,
machines of
loving grace. [
previously]
posted by kliuless
on Mar 23, 2008 -
26 comments
