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HomePresident Obama, Please Read: The Real Reason College Costs So Much
Posted by Larry Doyle on August 24th, 2013 10:37 AM |
I firmly believe that economic freedom is only achieved by navigating one path, that being, education defined in the broadest of terms (vocational, secondary, higher or even home schooled).
To that end, I applaud President Obama and Secretary of Education Arne Duncan for their efforts to improve secondary education in our country via the Race to The Top.
President Obama is now laying out a new initiative to make college more affordable for those pursuing higher education. On the surface, who would be averse to making college education more affordable? But let’s dig a little deeper. In doing so, I think we might gain a greater understanding as to whether Uncle Sam is more part of the problem than part of the solution to higher education being so exorbitantly expensive.
Colleges/Universities Leave Lower Income Students Behind
Posted by Larry Doyle on May 8th, 2013 9:50 AM |
The business of higher education is changing rapidly.
With family incomes stagnant, job prospects for graduates challenging, and pressure on the bottom line — for families and schools alike — increasing like never before, those within the executive offices of our nation’s ivory towers are scrambling.
What is one area that is getting a lot of focus? The manner in which schools dispense financial aid, which for more and more families is becoming THE key variable in determining where little Susie or Joey might go to school. In a report that is troubling to those who know that higher education is THE only real path for those in the lower income strata of our nation to advance, the New America Foundation writes this morning: (more…)
Mark Cuban: Will Your College Go Out of Biz?
Posted by Larry Doyle on January 28th, 2013 12:10 PM |
Last spring as part of a continuing effort to address the Student Loan Crisis here at my blog, I wrote Why So Many Colleges May Fail. That particular commentary went viral in the blogosphere.
Clearly the topic of higher education in general and the funding of higher education specifically is forefront in the minds of many American families. There are many thousands of good reasons for families to be concerned. (more…)
Obama Sells Out Literature for “Informational Texts” in Asinine Educational Program . . . MUST READ
Posted by Larry Doyle on September 21st, 2012 10:01 AM |
I have given President Obama very real credit and criticism for large parts of his programs to support public education. I particularly like and appreciate the administration’s support of charter schools. I think he largely plays politics in acceding to many demands made by public teachers unions.
Well, so much for the credit.
Given my strong interest in this topic and having written extensively on the state of public education in America today, my jaw literally dropped this morning as I read the following in The Washington Post’s Rethinking the Classroom: Obama’s Overhaul of Public Education: (more…)
Romney Video Nails “THE” Urban Education Question
Posted by Larry Doyle on September 18th, 2012 10:52 AM |
America has a problem dealing with the truth. You do not think so? Then why is it that NOBODY — and I mean NOBODY — in our mainstream media deals substantively with the following:
1. urban graduation rates
2. family structures in general and the rate of single parent births specifically
3. the fallout from both 1 and 2
If anybody seemingly comes close to these third rails, then the likes of Chris Matthews and others seem to rally to the defense and pull out the race card. Well, I will not even dignify Matthews, a fellow Holy Cross alum, or his like. I truly care about each and every citizen in our nation. I believe our nation can and will progress IF and ONLY IF we embrace the cold hard truth. (more…)
Who’s Puttin’ Who in Chains?
Posted by Larry Doyle on September 4th, 2012 9:04 AM |
America recently suffered the indignity of a high profile politician in Washington engaging in race baiting by bellowing to a largely African American audience that a rival political party would “put y’all back in chains.” I have no interest in wasting readers’ time by even dignifying those remarks.
I do have very real interest in drawing attention to two recent releases that address what I believe is the most critical issue of the day in the hope that NOBODY in our nation feels chained.
I will allow readers to draw their own conclusion as to whether one political party or another is engaged in putting people “in chains”. Let’s navigate and review two distinct releases addressing the issue of secondary education. (more…)
What Great School Is Offering 20% Cut in Tuition?
Posted by Larry Doyle on May 31st, 2012 7:43 AM |
I am convinced that private colleges and universities will get increasingly squeezed financially over the coming years.
Families are clearly under heightened pressures from both an income and cost of living standpoint. Those pressures are already being factored into the equation as to where to send the kids to college. The prospect of a 50+k/year ticket for a private education looks very unappealing.
Well, one very highly regarded university clearly gets it and has made an aggressive move in dealing with this current market reality. This most competitive institution just launched a program in which undergraduates can get their degree in three years and effectively save 20% in the process. That’s a major market move which will clearly put pressure on its competition.
What school did this and who deserves the credit? (more…)
Romney is Right on Education
Posted by Larry Doyle on May 25th, 2012 3:01 AM |
Regular readers of this blog know how passionate I am about quality secondary education.
I detest those in our educational system who practice an agenda that does not put the interests of our children first, second, last, and always. Regrettably, results all too often show that our children suffer at the hands of pathetic people and process.
Call me harsh. I do not much care. Secondary education is clearly one of the most important issues in our nation, and it is all about one group and none other — our children. Or at least it should be. (more…)
The Prohibitive Cost of Higher Education: A Racket?
Posted by Larry Doyle on April 10th, 2012 7:04 AM |
I have often thought, “If education is expensive, try ignorance.”
I strongly believe that the key to future prosperity is a quality education. That said, there is increasing evidence that the costs connected to higher education have ratcheted higher at an unsustainable pace. I initially addressed this critically important topic a year ago in a commentary entitled, Are Student Loans an Impending Bubble? Is Higher Education a Scam?. I wrote then:
I am a huge proponent of the need for quality education in our nation. That said, as this expose reveals there are MANY serious problems, conflicts of interest, and assorted other issues in higher education today. A racket, you might ask? Yes, in a manner of speaking, there are certainly elements of a racket within higher education today.
I welcome readdressing this topic today. (more…)
Stories Deserving More Attention: Did You See This?
Posted by Larry Doyle on April 8th, 2013 8:21 AM |
I will reference these stories now and will certainly come back to many, if not all, of them in the near future. The items include:
1. In what might only be compared to trying to turn around the Titanic on one of your local streets, the Bank of Japan is launching a “quantitative easing on steroids” program. The goal of “all this juice” is to generate a 2% rate of inflation in the next two years from what has been a two-decade deflationary cycle. (more…)
Tags: bank of Japan program to promote inflation, Bank of Japan quantitative easing, Bill Cohan commentary on bank regulators, black swan, decline in the labor participation rate, deflation in Japan, disability claims, Japanese economy in deflation, Japanese equity markets, Joe Sciddurlo FINRA whistleblower, Joe Sciddurlo lawsuit against FINRA, Joe Sciddurlo questions authority at FINRA, lawsuit against FINRA, Nassim Taleb comment on Mary Schapiro, permanent underclass in America, quantitative easing on steroids, rural poverty, support for asset markets, urban graduation, yen carry trade
Posted in Banking Institutions, Economy, Education, Employment, FINRA, General, Mary Schapiro | 6 Comments »