Much of what we call education today is not that at all. With some
exceptions, we no longer do much educating in the universities and even
high school, we do EMOTIONALIZATION.   As is apparent these many recent
years, the media writ large has been slow to grasp changing trends and
bullet proof events because of its near total concentration on and
obsession with its own less than attractive navels. The point is that the
"in crowd" (whoever it is) no longer speaks of a millennial generation and
millennials but rather of the disney generation and the disneyites who
inhabit it and their obsession with the fantasy of themselves as something
special when in fact the exact opposite is true. Perhaps that their totem
is mickey mouse and moral relativity his mantra says it all. Aside from the
hard sciences and few aberrations here and there in the social and other
soft sciences, the academia  of the USA for the last several
generations has created a country filled with diplomas, but scarcely any
real education. And in the case of the disneyites, the situation is
compounded because this generation has hardly received any serious
education at all (aside from the specialties mentioned above), for instead,
it has simply been emotionalized rather educated. The results are all
around you. The disneyites know nothing of history (even their own),
geography, civics, philosophy and on and on. But you will shout, they know
all about computing and such arcane subjects as diversity, pornography,
etc. Computers and computing is a tool not a subject. Its place in academia
is in the technical school much as the highly skilled craft of die making
was in the past. Diversity studies and the like as academic subjects
or needless to say an academic major today are about the same as basket
weaving (really coed studies) was at "I won't name the Florida
university" in the 1950's and the joke of the nation.  The real point here
is that we must get back to real teaching on serious subjects not just
emotionalizing students about social issues that titillate marginally
educated teachers and so called professors. -DC   Colleges Worsen Income
Inequality

By Elizabeth MacDonald Senior Stocks Editor
<http://www.foxbusiness.com/archive/elizabeth-macdonald>

Emac's Bottom Line <http://www.foxbusiness.com/category/emacs-bottom-line>

Published August 25, 2014

FOXBusiness <http://www.foxbusiness.com/index.html>

   - [image: College Graduates]

Tuition gouging for degrees that are useless in the real world and a failed
business model have put U.S. colleges front and center as exacerbating
income inequality.

Many college students are increasingly getting priced out of getting the
very same skills elected officials in Washington, D.C. have strenuously
argued are needed to stop rising pay gaps.

Annual private college costs have surged 24% over the last ten years, to
$40,917 on average, and are up 37% for public universities, to $18,391,
data from the College Board show. At the same time, median U.S. household
income has steadily dropped 5.7% from 2003 to 2013.

Meanwhile, student unemployment worsened over the last decade: The
20-to-24-age bracket saw jobless rates rising to 11.1% from 9.5% in 2003,
and for 25 and older, it grew a percentage point to 5.6%.

Over the decades, college officials have used their nonprofit status to
build an unsustainable business model more akin to hoteliers, one that real
estate mogul Donald Trump would envy. And all on the backs of taxpayers,
students and their families.

Schools across the U.S. offer practical degrees, useful in the corporate or
public sector, like engineering, software design, or accounting.  But even
the most prestigious colleges no longer offer a solid liberal arts
education. Instead, many schools charge nosebleed tuition for degrees built
on useless courses about, say, the cultural efficacy of soap operas, or sex
and gender in society, that don’t lead to work in the real world and
exacerbate income inequality.

The broken college business model has dire consequences, as students face a
brutally-competitive job market in the wake of the worst financial collapse
since the Great Depression. Solid, practical degrees are more important
than ever, as “young adults change jobs on average 11 times in the first 25
years of their adult lives,” notes* George Leef*, director of research for
the John William Pope Center for Higher Education Policy
<http://www.popecenter.org/>[image:
http://global.fncstatic.com/static/v/all/img/external-link.png].

A top college watchdog, the American Council of Trustees and Alumni (ACTA),
adds: “It is a tragedy that our colleges and universities are increasingly
characterized by their high costs, not their high standards,” adding, “it
is time to demand improvement.”

Meanwhile, income inequality is rampant for those without college degrees.
Employees with just a high-school diploma earn just two-thirds of the
typical salary of college graduates, down from 81% in 1965, the earliest
year for available data, says the Pew Research Center. Young adults with
high-school diplomas face three times the likelihood of living in poverty
than they did 35 years ago, Pew says.

Another disturbing headline: The era of the four-year college education is
over. ACTA says: “Six years is the norm used by the U.S. Department of
Education” with “far too many” students taking even longer to graduate,
burdening families even more.

Ask yourself: Where is it written in the tax code that a college’s
nonprofit status means it should prioritize spending on bling over reducing
tuition?

Why are taxpayers, students and their families subsidizing commercial
activity at colleges, when these schools get so much federal and state aid
on top of tax breaks?

Where are the Congressional hearings into tax breaks meant for colleges
operating solely for educational purposes – a mission that is supposed to
help solve income inequality?

*DC Ignores Incentives Problem*

The student debt bubble has blown to $1.2 trillion, as Democratic Senators
Elizabeth Warren, Al Franken, and Richard Durbin push for new legislation
to help student borrowers, including more tax increases on upper brackets
to help pay for student debt.

President Barack Obama has already issued an executive order to extend caps
on student borrowers’ repayments at 10% of their monthly income. Seven in
10 college seniors graduating last year had student loan debt. Those
graduates owed an average of $29,400 each, according to the Project on
Student Debt.

But this is a story about incentives, not after-the-fact fixes. College
officials are hiking tuition costs even though they operate their schools
as nonprofits, and even though students get substantial federal and state
aid.

Colleges and universities get a lot of tax breaks. They are exempt from
paying federal corporate income taxes, state and local sales taxes, and
property taxes. Their endowments accept tax-deductible contributions and
they don’t have to pay capital gains taxes on these funds. Also, colleges
can borrow money using tax-exempt bonds and they do not have to pay taxes
on the interest they earn.

This, as numerous schools, including Harvard University ($58,600 for
tuition, room and board), Stanford University ($56,446) and Yale University
($60,900), sit on multi-billion dollar endowments that rival the size of
many hedge funds.

At the same time, college students got $136.7 billion in federal and state
grants to pay for their degrees in 2012 and 2013 (see here:
https://trends.collegeboard.org/student-aid/figures-tables/total-student-aid-and-nonfederal-loans-current-dollars-over-time[image:
http://global.fncstatic.com/static/v/all/img/external-link.png]). Often,
when students approach colleges for help, they instead get stuck with
loans, anecdotal evidence shows.

*Degrees in Studying Lady Gaga, Mad Men*

ACTA’s latest What Will They Learn?
<http://www.goacta.org/initiatives/what_will_they_learn>[image:
http://global.fncstatic.com/static/v/all/img/external-link.png] report
finds “do it yourself” curriculums -- where students pick their own
curriculums -- are in vogue. Partly because of that, just 2%, 22, of the
1,091 colleges and universities studied, got an A grade for offering the
basic requirements students need for a decent education, according to this
scale. The A list included Pepperdine University ($44,902), Morehouse
College ($25,468) and Baylor University ($34,480). The U.S. military
Academy also scored an A.

The basic standards are: English composition, literature, foreign language,
U.S. government or history, economics, mathematics, and natural or physical
science. If schools offered six or seven of these basic requirements, they
got an A. If just two were offered, that meant a D grade; just one resulted
in an F.

More than a third, 35.5% or 387 schools, got a B grade, 30.8% a C, 23.4% a
D, and 8.3% an F, ACTA found.

The blue-chip colleges in America got dismal grades even though annual
costs easily top the $55,000 threshold.  Harvard and Yale both got a D. The
University of California at Berkeley ($27,386 for out-of-state students)
and Brown University ($46,408) both scored an F.

“Brown has an ‘open curriculum,’ meaning students may take whatever classes
they wish, with no requirements at all,” ACTA reports. The John William
Pope Center’s *Leef* notes that: “At Berkeley, for example, a student can
graduate without cracking open a great novel, speaking even a few words of
a foreign language, understanding statistics or knowing anything that
happened more than a week ago.”

Most of the state universities in Michigan and Wisconsin scored Cs, Ds or
Fs.

One of the most expensive colleges studied, Amherst College, ($46,574), did
not require a single one of ACTA’s seven core subjects. Instead, Amherst’s
curriculum lets students “confront the meaning of his or her education, and
does it without imposing a particular course or subject on all students,”
ACTA says.

Leef also points out that a study done by his center found that the
University of North Carolina at Chapel Hill sells these impractical
courses: The Stage Musicals of Rodgers and Hammerstein; Food in American
Culture; The History of Hip-Hop Culture; Sex and Gender in Society; and
Guerrillas and Revolution in 20th Century Latin America.

 ACTA also says that at the University of Indiana–Bloomington, students can
fulfill their “Social and Historical Breadth of Inquiry” requirement by
taking a course in “The Fame Monster: The Cultural Politics of Lady Gaga.”

At Middlebury College, students can satisfy their “Historical Studies”
requirement by enrolling in the course “Blame It On Bossa Nova: The History
of a Transnational Phenomenon” or by taking “Mad Men and Mad Women,” which
uses AMC’s “Mad Men” “as a course foundation.”

Meanwhile, a recent survey of college graduates “found that barely half
knew that the U.S. Constitution established the separation of powers,” the
college watchdog ACTA says. “Only 38% could identify the correct length of
congressional terms of office.”

*College Bling*

But instead of focusing on lowering tuition costs and improving their
course offerings, many colleges are more interested in splashy college
bling in the form of white elephant football stadiums, four-star college
cafeterias, and sports complexes on the level of a Chelsea Piers in New
York City.

All while an excess of administrators continues to help drive tuition costs
and student debt higher, and all of which is pricing students out of an
education they need to stop the very same income inequality politicians are
outraged about.

University officials argue their bling polishes their brand names and
attracts students. However, students increasingly subsidize these
expenditures, as private donations and ticket sales repeatedly fail to meet
projected costs.

Annual National Collegiate Athletic Association (NCAA) industry revenue
from tickets, television, and merchandising is more than $15 billion,
*Bloomberg* figures show. And that has colleges blowing out their arenas.
The University of California at Berkeley spent $474 million on a new
football stadium two years ago. This, after state legislators cut $650
million from the university system's $3-billion budget, causing tuition
costs to rise 17% for in-state students, and 5% for nonresidents.

Colorado State University is working on a $220 million football stadium
expected to be finished by 2016 as tuition costs bear down. It is estimated
colleges in Texas are spending more than a billion dollars on football
arenas (see here:
http://sportsblogs.star-telegram.com/mac-engel/2014/08/sellout-texas-has-spent-more-than-1-billion-on-college-football-stadiums.html[image:
http://global.fncstatic.com/static/v/all/img/external-link.png]).

Student athletes, of course, get more help than regular students. Recently,
the Knight Commission on Intercollegiate Athletics estimated that Division
I schools with football programs spend about $91,900 per athlete, roughly
seven times the spending per student of $13,600.

Reports indicate that NCAA data reveal just 16.2% of the spending at
Division 1 schools with football teams actually goes to student aid. The
rest goes to salaries, game expenses, and facilities. The highest-paid
college officials increasingly are coaches.

Colleges from the University of Texas at Austin to UCLA to Yale have
reinvented the standard cafeteria into restaurant-style eateries. No more
steam tables for meat loaf or pasta. Now, espresso makers, sushi bars,
roast beef or turkey stations, vegan bars and designer sundae stations are
increasingly the norm.

Oklahoma City University has a raw vegan bar. The University of California
at San Diego has a vegan “eatery and lounge” on campus. The University of
North Texas turned one of its dining halls into an all-vegan cafeteria.
High Point University in North Carolina even has a four-star level
restaurant, 1924 Prime Steakhouse.

Colleges are also building out state-of-the art gym facilities, with
Olympic-size pools, saunas, Jacuzzis, expansive weight rooms, aerobics and
yoga centers, and a string of squash, racquetball, basketball, volleyball
and tennis courts.

*Elizabeth MacDonald joined FOX Business Network (FBN) as stocks editor in
September 2007 and is the author of Skirting Heresy: The Life and Times of
Margery Kempe (Franciscan Media, June 2014).*




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