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 -
People talk about how universities have almost turned into diploma mills
, churning out degrees to almost anyone that breathes. So what do students think about the current situation? According to this student, it doesn't go far enough
: "I have come to the conclusion that the University system makes absolutely no sense. Students pay teachers to educate us, yet they are then allowed to tell us how much we're learning...I'll be the one to tell the receiver of my hard-earned money exactly how well they did. Shouldn't it be the same with education?
" That's right, students want, nay, demand an A, since they paid for it.
posted by mathowie
on Dec 8, 2004 -
In England it is called the "Graveyard Grannies'' problem, in France the "Chere Grand'mere," while in Bulgaria it is inexplicably known as "The Toadstool Waxing Plan".
Next week, college students around the world will be taking final exams. Their grandmothers
will be dropping
posted by Wet Spot
on Dec 3, 2002 -
Univ. of Georgia applicants evaluated on the basis of academics only.
Without regard to race, gender or country of origin. On the other hand, we have the UC system undertaking
a more "comprehensive" system. Predicition: If this continues for 20 years, there will be a huge shift in the academic centers. The UC system will be regarded as a diploma mill, while schools like UGA, which implement tough, academic-based admission policies will be the leading schools of the country.
posted by prodigal
on Nov 30, 2001 -
The War on... education?
It's estimated that 7000 US college students will lose their entitlement to at least some financial aid because of previous drug convictions. Which is nice. Now, the follies of the "war on drugs" are well-documented, but this takes the cake. I thought that punishment was for the criminal justice system to dispense...
posted by holgate
on Oct 24, 2000 -
Indiana University Bans use of Napster
It appears that Indiana University has banned the use of Napster recently. Apparently it was accounting for 50% of IU's Internet traffic. Officials are sighting bandwidth as the reason for the ban. I wonder how many schools will follow suit this semester.
posted by fil!
on Feb 14, 2000 -