According to a report published by the Chronicle of Higher Education, 23 private college Presidents make over $1 million, even as the recession and rising tuition costs are squeezing students and recent alumni dry.... read more »
Our current budget crisis in California and the rest of the country has been artificially created by cutting taxes on the wealthiest people and corporations. The corporate elites in the U.S., the top 1 percent who own close to half the wealth, are the beneficiaries of massive tax cuts over the past few decades, while at the same time working people are paying more through increased sales and use taxes and higher public college tuition.... read more »
That period right after college graduation is when young people tend to think they can set the world on fire. Careers are starting, and relationships in the broader world are forming. It’s exciting, and optimism is off the charts. So the gloomy outlook that this economy is offering so many of America’s brightest young people is not just disconcerting, it’s a cultural shift, a harbinger. “Attention,” as the wife of a fictional salesman once said, “must be paid.”... read more »
President Bush signed bipartisan legislation in December reauthorizing the Head Start program. But even as they praised the program, Congress funded the program at $480 million below its authorized level. Then President Bush in early February proposed a budget that would reduce funding even further below what the Congress authorized. read more »
Americans want schools that teach values as well as math and reading. read more »
Here are some basic facts behind our call for "real investment" in people, assembled from recent government and private studies. We've fallen behind as a nation, but making the right spending choices will yield lasting dividends.read more »
Of the institutions that responded to the survey, 28 percent indicated that they expected their institution to have a shortfall in their Perkins Loan fund on June 30, 2008, which would require their institution to make a loan to the fund. Another 18 percent were unsure if they would have a shortfall. read more »
President Barack Obama and Secretary of Education Arne Duncan have an unprecedented opportunity to lead real school funding reform through the federal stimulus package. They can encourage states like California to fund public schools adequately and equitably. The question is, will they?read more »
Health care is rightly dominating the national debate, but with children all across the country heading back to school, education — currently seated in the back row of the national classroom — is raising its hand and asking to be called on.read more »
The effects of the recession have been far reaching –that is no secret of course –but the picture for students in this downturn is only beginning to be painted more clearly. According to the Higher Education Research Institute’s annual survey of college freshman, students are really feeling the financial squeeze unlike ever before.
Representative John Kline (R-MN) and Senator Mike Enzi (R-WY) introduced legislation this week that keeps our broken student loan system in status quo, with corrupt private lenders and federal bank subsidies worth billions. read more »
Recently the Secretary of Education, Arne Duncan, advised college financial administrators that with the likely passage of the Student Aid and Fiscal Responsibility Act (SAFRA) in the Senate, universit read more »
The Chronicle of Higher Education released a survey of chief financial officers at four-year universities across the country and it is no treat; their outlook for this budget year (FY 2010) was gloomy, by next year? Even scarier. read more »
Just when you thought that the dust had settled from the scandals of Wall Street (at least temporarily), details come out of another Ponzi scheme by the titans of banking, this time with student loans. read more »
Wow. Break out the spatulas, and get ready to scrape the exploded brains of right-wingers off the ceiling, walls, etc. Apparently, President Obama has won the Nobel Peace Prize.
US President Barack Obama has been awarded the 2009 Nobel Peace Prize.
The Nobel Committee said he won it for "his extraordinary efforts to strengthen international diplomacy and co-operation between peoples".
The committee highlighted Mr Obama's efforts to support international bodies and promote nuclear disarmament.
Mr Obama's spokesman said the president was "humbled" to have won the prize. He said he woke Mr Obama up when he called with the news early on Friday.
There were a record 205 nominations for this year's peace prize. Zimbabwean Prime Minister Morgan Tsvangirai and Chinese dissident Hu Jia had been among the favourites.
The laureate - chosen by a five-member committee - wins a gold medal, a diploma and 10m Swedish kronor ($1.4m).
It's a surprise, but I think I understand why the committee made this choice: You create a lot more goodwill among people when your foreign policy message is something besides, "It's our world, and the rest of you are just livin' in it."
read more »Earlier this week the House held a hearing on private student loans and bankruptcy, shedding light for the first time on a rather unknown yet devastating aspect of student debt. read more »
I congratulate the House passing the Student Aid and Fiscal Responsibility Act (SAFRA) —see description of the bill here. This historic legislation commits billions to student aid and higher education investments, while ending wasteful bank subsidies that total $87 billion. read more »
In 2009 you helped us wage critical battles for America's future. Those fights will intensify in 2010, but we can win them with your continued support. Please put the Campaign and Institute for America's Future on your year-end gift list »
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