Presented without comment.
We’re excited to hear about an actual DECREASE in tuition at one college, but we’re also concerned about scary predictions for schools in Pennsylvania. Plus, we learn about the benefits of classroom breaks for mindfulness meditation, and why Gen Z craves “unicorn hot chocolate.”
-Answers on a 1971 job application by Steve Jobs, who was biding his time with classes on Shakespeare, dance, and calligraphy while looking for employment. In the application’s Skills section, Jobs wrote “Yes” in the areas of “Computer” and “Calculator.”
Can ASU’s innovations inspire changes at schools across the nation? In his provocative speech to governors, President Michael Crow challenged the mindset that “only a lowlife scum university would be so foolish as to divert the energy of its elite faculty to educating college dropouts working at Starbucks.”
Since the financial crisis of 2007-08, Americans have had fewer babies. As a result, about ten years from now, there will be a big dip in the number of college-age students. Professor Nathan Grawe has written a new book which forecasts this dynamic in detail–and his findings predict a major threat to many colleges.
–Federal Reserve Bank of New York President William Dudley, as quoted in the Wall Street Journal, describing–apparently without irony–his concerns about cryptocurrencies (and not the US dollar).
It’s a “big numbers” news edition as a top liberal arts school crosses the $70K tuition mark, Lowe’s writes generous checks to employees, and some “not degree” winners make six-figure salaries. Plus, we learn what “text nudging” is for college students.
If you have ever made payments on student loans, how would you feel if the government forgave the debt of others who had not paid? Effectively, you would have paid for student debt twice–first for your own, then second, as a taxpayer, for those who had their loans erased.
Someone is always ranking colleges in one way or another, and today’s news provides three very different examples. Also: Wheaton College and several HBCU’s get financial windfalls, students throw axes, and we learn about campus dating in the Tinder era.
–Tim Hofferth, Chairman of the Board of South Carolina’s Higher Education Commission, commenting on the untenable trends of increasing college costs and decreasing enrollment. As reported in the Charleston Post Courier, in-state enrollment to South Carolina public schools has decreased 17% over ten years, while tuition rates have increased four times faster than inflation. Mr. Hofferth predicts some “institutional failure” will result from these trends.