Republican Florida Governor Rick Scott’s controversial call for the FAMU President’s suspension triggers backlash from students and alumni

December 19, 2011

“The FAMU Board of Trustees on Monday rendered its own verdict by rejecting Scott’s suspension recommendation and saying they would resist any “outside influence” when it comes to running the 124-year-old institution. Those who stuck by the decision included the four board members that Scott himself appointed this year.”

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California, Delaware, Maryland, Massachusetts, Minnesota, North Carolina, Ohio, Rhode Island and Washington are the 10 states to receive a share of the $500 million Race to the Top Federal Grant

December 19, 2011

“The state’s share will be about $50 million over four years, which will help pay for a number of measures meant to ensure that more children — especially those from disadvantaged backgrounds — enter kindergarten with skills they need to succeed.”

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After 53 seconds, Rick Perry fails to name three Departments he would cut despite his rhetoric insisting on abolishing Departments of the Executive Branch

November 10, 2011

In tonight’s Republican Debate, Texas Governor Rick Perry was given the opportunity to name three Federal Executive Departments that he would abolish in office. After naming the Commerce and Education Departments, he suggests the Environmental Protection Agency as a third. Once informed that the EPA is not a Federal Executive Department, he failed to name a third to cut.

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Analysis: Is a student loan and education bubble next?

November 7, 2011

“Are student loans and higher education the next bubble, the latest investment craze inflating on borrowed money and misplaced faith it can never go bad?
Some experts have raised the possibility. Last summer, Moody’s Analytics pronounced fears of an education spending bubble “not without merit.” Last spring, investor and PayPal founder Peter Thiel called attention to his claims of an education bubble by awarding two dozen young entrepreneurs $100,000 each NOT to attend college.
Recent weeks have seen another spate of “bubble” headlines — student loan defaults up, tuition rising another 8.3 percent this year and finally, out Thursday, a new report estimating that average student debt for borrowers from the college class of 2010 has passed $25,000. And all that on top of a multi-year slump in the job-market for new college graduates.
So do those who warn of a bubble have a case?
The hard part, of course, is that a bubble is never apparent until it bursts. But the short answer is this: There are worrisome trends. A degree is an asset whose value can change over time. Borrowing to pay for it is risky, and borrowing is way up. The stakes are high. You can usually walk away from a house. Not so a student loan, which can’t even be discharged in bankruptcy.”

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