Harvard’s Secondary School Program, or SSP, has earned criticism as of late for taking advantage of high school students’ feverish desire to attend a prestigious Ivy league college. For many, Harvard University is the pinnacle of such a college, and it’s no secret that some high school students attending SSP believe their participation gives them an edge with Harvard admissions.
Critics say, even though no promise of admission is made, the University plays up its Ivy League reputation and admissions expertise to attract new summer students—and thereby generate more revenue. The SSP program guarantees a revenue stream for the University at a time when costly buildings on campus would otherwise remain empty. Read more ›
Udacity co-founder Sebastian Thrun (Photo credit: Wikipedia)
One semester into an innovative new online program at California’s San Jose State University, school administrators have decided to suspend all coursework co-created with education entrepreneur Udacity
. The reason: most of the students in the trial run failed their final exams.
A spokesperson for the school noted, “The plan right now is to pause for one semester, there are a couple of different areas we need to work on.”
Udacity, a private company based out of high-tech Silicon Valley, is a MOOC provider. MOOCs, or Massive Open Online Courses, are fully-online classes from established schools that are offered for free or at extremely reduced rates. The cancelled classes at San Jose State cost $150 each. Read more ›
John Boehner, Speaker of the U.S. House of Representatives (Wikipedia)
Last week Congress moved to overhaul interest rates on federal student loans. Under a new, market-based approach, students will be charged interest based on the going rates for long-term government debt securities. The bill, which the President is expected to sign, results in low-interest loans today—but pricier ones in the future.
After months of debate, politicians had failed to stop student loan interest rates from doubling by July 1. The hike affected approximately one-fourth of federal loans. The new legislation reverses this unpopular rate hike, solving the short-term problem with a long-term fix: tying rates to 10-year U.S. Treasury notes.
The final bill also ties the outcome to the budget deficit, at the urging of the Obama administration and most Republicans. If there are any savings realized from the switch, they will be redirected to reduce the federal deficit. Read more ›
13th President of University of Chicago Robert Zimmer (Photo credit: Eric Guo)
Starting in 2014, new students who want to attend the University of Chicago’s Booth School of Business
in Singapore will instead have to go further north to Hong Kong. The school has announced it will relocate its elite executive MBA program much closer to Chinese students.
University president Robert J. Zimmer noted that “Asia is a critical region” and explained the move as a means for growing “engagement” in the area.
Students who already attend the Singapore campus will be able to finish their degrees, but new students will no longer be accepted. The Hong Kong campus will open its doors in July of 2014. Read more ›
Top tech leaders from over 40 U.S. universities and colleges recently converged on San Diego to discuss the future of new media in higher education. A key panel featured CIOs from Amherst College, Wesleyan University and Rollins College—schools that have confronted a controversial new movement known as MOOCs, or Massive Online Open Courses.
MOOC platforms, like Coursera and Udacity, have earned praise and scorn alike for sharing college coursework with the public, free of charge. Read more ›
Photo credit: Alexander Kolov
Labor experts examining the modern workplace have found that employees today are less likely to take time off than employees before the start of the 2008 recession.
Despite the fact that the recession officially ended back in 2009, the unemployment and the underemployment rate is still high.
A recent survey performed by the Families and Work Institute found that not only are employers cutting back on maternity-leave pay, pension plan contributions, and allotted vacation time, but employees themselves are spending less vacation time and are less likely to negotiate for benefits. They’re also less likely to ask for a raise, and more likely to feel stressed. Read more ›
In a recently published report stated that the # of employees employed full-time by the American school system had grown 2.6 times as fast as student growth during the period of 1992-2009.
However, the report by the Friedman Foundation for Education choice also showed that the extra staff didn’t actually improve academic outcomes. The report, entitled “The School Staffing Surge”, argued that the government could have saved a significant amount of money with virtually no effect on education, had staff growth rates remained constant with student growth rates. Read more ›