-Interested in job placement rates? Business Insider lists the colleges in each state which have the best records for post-graduation employment…
-…However one should not confuse quantity of jobs with quality. The Chicago Tribune explains how underemployment (taking a job beneath one’s skill set) can lock recent graduates into a longer-term cycle of sub-par employment.
-While Americans can only root for their second-favorite teams during this year’s World Cup, the Minneapolis Star Tribune proposes improving the US soccer program through changes at the college level. The general idea is to extend both the season and the time between matches.
-Lots of love for community colleges: Facebook expands its partnerships with two-year institutions as it encourages them to adopt the company’s curriculum for a certificate in digital marketing. Meanwhile, California will spend $100 million to create a statewide online community college. “We’re targeting what we call ‘stranded workers,'” said one administrator. “They are in jobs that will eventually be eliminated because of automation and/or they have no real opportunity for economic mobility because all new jobs require some kind of post-secondary credential.”
-Boom times: Georgia has reached record-high employment, while Louisiana is just shy of the same. The San Francisco Bay area added 88,000 jobs over the past year, stoking familiar concerns about overcrowding and housing shortages in California.
–Somber milestone: Over the past year, many stories have cited the government’s figure of $1.4 trillion of total outstanding student debt. That debt has now officially reached $1.52 trillion, i.e. an increase of over $100 billion. Because these numbers tend to be unfathomable, we offer author David Schwartz’s helpful rubric: “A billion seconds is thirty-two years. And a trillion seconds is 32,000 years. I like to say that I have a pretty good idea what I’ll be doing a million seconds from now, no idea what I’ll be doing a billion seconds from now, and an excellent idea of what I’ll be doing a trillion seconds from now.”
-Online coding bootcamp Learners Guild has ceased operations after three years, declaring they could not establish “a sustainable business model.” Like many other quick-training-towards-employment bootcamp ventures, this vendor established income sharing agreements with students, who agreed to compensate the company only with a portion of future earnings. As we’ve noted before, this approach precludes cash flow during the critical first years of a startup. Learners Guild further hurt its fiscal chances by paying students a $1,500 monthly stipend during their 10-month program.
-Texas Southern University has spent almost $90,000 to deploy iPad-style kiosks throughout its campus to collect feedback from students. Administrators believe this approach is necessary because students don’t respond to surveys collected via phone calls or emails. The Houston Chronicle reports students may be asked, “How likely is it that you would recommend Texas Southern University to a friend?” They may also be asked if they were treated courteously by staff, and whether advisors displayed an adequate understanding of course requirements. We hope TSU knows what they’re doing.