Archive for January, 2007


Is It All A Pack Of Lies?

Posted on January 31st, 2007 in Uncategorized | No Comments »

Is It All A Pack Of Lies?

Here's an article with an interesting take on the whole 'affording college' conundrum. The author argues that college is indeed affordable, and making it more so actually increases the cost of a college education. Yes, it's a bit confusing…be sure to read on for a thought-provoking article.

The problem with continuing to propagate these ideas, as I and others have argued many times, is that if anything, making student aid cheaper and more plentiful actually drives college "sticker prices" higher by pulling up demand and allowing colleges to increase prices with impunity. We've also argued that politicians encouraging practically everyone to go to college – and providing them with big subsidies to do so – is hugely wasteful, pushing many kids into higher education who aren't prepared for it, and squandering huge bundles of student and taxpayer money in the process.

College Students Now Decide Fate Of TV Programs

Posted on January 31st, 2007 in Uncategorized | No Comments »

College Students Now Decide Fate Of TV Programs

Finally, someone realized that college students are a hugely untapped source of expertise:

Nielsen Media Research has added college campus viewing to its national Sampling of U.S. television fare.

The move to campus viewing represents the New York-based research giant's first effort to collect ratings outside the home, Variety said. Until introduction of campus sampling, college students' viewing habits counted only when they were home.

College students account for an estimated 50 percent of all television viewing not measured by Nielsen, with smaller portions attributed to bars, businesses, hotels and gyms, a researcher said. Under the new system, introduced Monday, Nielsen will follow college students within Nielsen families to campus, install meters on televisions in dorm rooms and include the data in the national sample.

Now when you watch television, you're not just having fun…you're shaping the entertainment industry.

Helping Families Afford College

Posted on January 29th, 2007 in Uncategorized | No Comments »

Helping Families Afford College

The cost of higher education is growing and growing. Many students, parents, and educators feel that it has gotten to the point of being ridiculous. What can families do these days to manage the costs? This article contains some helpful advice.

With tuition rates rising at almost double the rate of inflation last year, the prospect of paying for four years at a university can be the source of many a family nightmare, worse than that recurring dream about the class you registered for but never showed up.

But not all of the news is bad. An abundance of advance tuition purchase programs, grants, scholarships and other aid can help ease the financial pain associated with higher education.

"File applications for student aid early," said Lori Vedder, director of financial aid at University of Michigan-Flint. "And don't not file because you assume you make too much."

federal grants, scholarships and other nonloan forms of aid will be considered first by the college after a student submits a financial aid form, Vedder said. There are federal Pell grants, institutional grants and state grants awarded to students based on many factors, from financial need to academic achievement.

What have you done–or what do you plan to do–to handle the cost of a college degree?

More Thoughts on Princeton’s Freeze

Posted on January 29th, 2007 in Uncategorized | No Comments »

More Thoughts on Princeton's Freeze
(Source: Williams College)

Last week I reported that Princeton has decided not to raise tuition for the next academic year. (Room and board rates, however, will increase.) What are the implications for the rest of higher education?

Nothing, says one scholar (a former professor of mine at Harvard). Few universities are in the position to copy Princeton, given financial realities, and the likelihood of widespread tuition freezes remains slim.

Consider his opinion piece from InsideHigherEd.com:

For the second time in seven years, a highly visible and prestigious private institution has announced a decision not to increase tuition. In 2000, Williams College announced a tuition freeze for the coming academic year, and in 2007 Princeton University did the same. In both cases, the institutions cited substantial endowment gains as a central reason allowing them to hold tuition constant for one year. What are we to make of these episodic pricing decisions?

In the Williams case, I was familiar with the thinking of the leadership, and I believe it was a clear attempt to send a signal to peer institutions that price increases in the face of sharply increasing institutional wealth were undermining public trust in higher education. I wrote at the time that, "If peer institutions do not follow suit, Williams will almost surely be forced to resume tuition increases next year. And, within a couple of years, the entire incident will be forgotten." Indeed, that is precisely what happened.

I am not privy to the thinking that motivated the Princeton decision, but I do not sense from their public statements that they are trying to send market signals, or to lead others to emulate their behavior. In fact, the purity of their tuition decision was complicated by a 4.2 percent jump in room and board charges, so the net effect is to raise their total charges by $1,780, an increase greater than gains in the CPI. I see no reason not to take their public explanation at face value – they have experienced excellent endowment returns, and in 2006 their board authorized increased spending from the endowment.

With non-tuition revenue rising, they were able to meet anticipated financial needs for the coming year without an increase in tuition. They used this opportunity to bring expenses of room and board more closely in line with revenue, thereby reducing a subsidy they had been providing to room and board in recent years. In short, they took advantage of a favorable moment to (in their words) "'true-up' their operating budget."

While Princeton is larger and may carry more punch in the world of higher education than Williams, I will be very surprised if this decision triggers an onslaught of Emulation. Only a tiny number of extraordinarily wealthy institutions could even consider following, and it is unclear why they would do so. The distributional consequences of the Princeton decision could be viewed as analogous to the early Bush tax cuts, in that the benefits will accrue to the very wealthy parents who pay full tuition, not exactly a blow for greater equity. If a small number of similarly wealthy colleges and universities did the same thing, it is hard to work up much enthusiasm for the virtue of the resulting redistribution of income.

Read the rest here. Then ask yourself if he's right.

College Students Say: Don’t Label Us

Posted on January 24th, 2007 in Uncategorized | No Comments »

College Students Say: Don't Label Us

College students are often shining examples of intelligence and forward thinking, which means their complexities stretch beyond convenient 'labels.' A recent survey nicely illustrates this fact.

Analysis of new survey findings released today show some unexpected relationships between students' religious and political views and attitudes on social issues, and how they label these views. Based on their attitudes toward 'hot button' social issues, the four most 'conservative' religious groups are Baptists, Mormons, 7th Day Adventists, and 'Other Christians' (mainly Evangelicals). Large majorities of students in each of these groups (58%-80%) oppose 'liberal' views such as legalizing marital status for homosexuals, keeping abortion legal, and legalizing marijuana.

However, in none of these denominations, nor in any other religious group do as many as half of the students describe themselves as either conservative or far right in their politics. Moreover, among 7th Day Adventists, students identifying themselves as 'liberal' actually outnumber those identifying themselves as 'conservative' (29% vs. 21%), despite their clearly conservative views on key social issues.

How would you define the difference between 'conservative' and 'liberal?' Do you define yourself with any 'labels?'

Sponsored Post: TechSmith Delivers SnagIt

Posted on January 23rd, 2007 in Uncategorized | No Comments »

How often do you find yourself needing to capture something from you computer screen to show to someone else? Yes, there are lots of ways to do it, but how about a super easy way? That's what TechSmith Corporation thought about when it developed SnagIt 8.2 for Windows Vista™, Office 2007 and Firefox® 2.

From a company press release:

TechSmith Corp., the world's leading provider of screen capture and recording solutions, today announced the release of SnagIt 8.2 for Windows Vista™, Office 2007 and Firefox® 2. SnagIt enables computer users to take screenshots of exactly what they see on their screens to communicate ideas faster, explain concepts clearly, and archive electronic information with point-and-click convenience.

"SnagIt is ready for our millions of customers when they decide to upgrade to Vista, Office 2007 and Firefox 2, whether it's today, tomorrow or next year," said Tony Dunckel, Product Manager at TechSmith. "In addition to making sure SnagIt can capture all graphic-rich Aero Glass, and Flip elements of Vista, we've also added Accessories so user can capture their screen, use SnagIt's popular editing tools, and share it faster than ever before in Office documents, online via Flickr™, or instantly incorporate it into MindManager® maps."

With SnagIt, users can capture, edit and share any image, including scrolling windows, objects, menus, video, text, and Web pages and include them in emails and instant messages, PowerPoint presentations, MS Office documents, marketing and sales materials, technical documentation, class handouts, Web sites and blogs.

New Features in SnagIt 8.2 include:

  • SnagIt Accessories – SnagIt Accessories enable knowledge workers to easily output their screen capture directly to the program or technology of their choice with just one-click. Microsoft Word, PowerPoint and Excel are included in SnagIt 8.2. The Flickr and MindManger accessories can be downloaded from within SnagIt.
  • Print What You See With SnagIt's new printing enhancements, users can print exactly what they see in the correct size and dimensions including Scrolling Window and Webpage screen captures with accurate page breaks.
  • Glassy & Classic Callouts Glassy callouts have been added to SnagIt's editing tools to provide users with more graphic-rich and professional options while the classic callouts will reduce file size when creating digital documentation. Each of the callouts can be customized and saved.

System Requirements and Availability

SnagIt 8.2 supports Microsoft, Windows NT, Windows 2000, Windows XP, and Windows Vista. SnagIt 8.2 can be downloaded immediately at www.techsmith.com. The suggested retail price is $39.95 for a single-user license. Free trial licenses are also available. For additional information, visit: http://www.techsmith.com/snagit.asp.

Sponsored Post: Techsmith

Princeton Freezes Tuition

Posted on January 22nd, 2007 in Uncategorized | No Comments »

Princeton Freezes Tuition
(Source: Princeton University)

More "big news" from Princeton: The University announced it will not raise tuition for next year. Yippee.

Princeton must love headlines. It dropped early decision. It eliminated loans for low-income students, giving them full rides and erasing debt. Now it freezes tuition. Will any of this change the complexion of Princeton's student body?

Not likely. Sure, a few more low-income kids might be able to attend. But keep in mind a high number of Princeton students–46 percent–don't even apply for aid; they don't need it. Ironically, this latest move might affect the wealthy more directly–those paying full tuition won't incur a cost increase. Despite these policy maneuvers, Princeton won't resemble Rutgers anytime soon.

Here's more from the Chronicle of Higher Education:

Princeton University announced on Sunday that for the first time in 40 years, it would not raise tuition for the next academic year, a move that will put pressure on other highly selective institutions to hold down their own cost of attending.

Tuition for undergraduate study at Princeton in the 2007-8 academic year will remain at $33,000 under an operating budget approved by the university's trustees on Sunday. The overall cost of attending will rise 4.2 percent over this year, to $43,980, because the university will raise fees for room and board. Still, the decision to hold the line on tuition was seen as significant by higher-education experts.

High-tuition institutions have for years used tuition dollars in a "redistributive manner" to provide financial aid to needy students, said David Ward, president of the American Council on Education. Freezing tuition, he said, "allows everyone who is coming to benefit."

Princeton's decision is likely to prompt its Ivy League peers and other selective public and private colleges to consider similar action, if they can afford it. "Each institution will have to look at their own resources," said Mr. Ward, but "those that are well resourced will look at this very carefully."

You can read the full article here (password protected).

Ad Campaign Focuses on Getting into College

Posted on January 18th, 2007 in Uncategorized | No Comments »

Ad Campaign Focuses on Getting into College

A new ad campaign aims to help low-income kids navigate the college admissions process. These public service announcements will soon appear on TV, on the radio, and in print, and will seem…well, let's say "rather contemporary." A companion Web site, called "KnowHow2Go," has already been launched.

Read this from the Chronicle of Higher Education:

A series of public-service announcements directed at low-income and minority students will begin appearing soon, part of a multimedia campaign designed to raise public awareness about the steps required to prepare for college.

The television, radio, and print spots, which will run for two years, are meant to provide a wake-up call for students who assume that if they just get good grades and stay out of trouble, "college will magically happen."

In one radio ad, a student dreams a college dean comes to his door to invite him to college. While he considers the offer, a pep rally in the background cheers his name. "Wake up," says the narrator. "You can't dream your way into college. There are actual steps you have to take."

In another, Fonzworth Bentley, a Morehouse College graduate and former valet and umbrella carrier for the entertainer Sean (Diddy) Combs (then known as Puff Daddy), delivers an unconventional rap about the college-application process. The artist, whose first album, C.O.L.O.U.R.S., is due out soon, donated his time and wrote the lyrics for the spot.

Ads that will be displayed in bus shelters and malls are even more direct: "Diddly Squat," one says in bold letters, adding, in parentheses: "What most kids know about preparing for college."

"One of the major themes of the campaign is for students to know it takes more than good grades and big dreams to get into college," said David Ward, president of the American Council on Education, one of the campaign's sponsors. The Lumina Foundation for Education and the Ad Council also are sponsors.

The campaign, dubbed "Know How to Go," seeks to reach students in 8th to 10th grade, when they still have time to prepare for college, both academically and financially. It primarily focuses on students, rather than parents, because campaign research showed that low-income parents expect their children to take the lead in pursuing college.

The ads were created pro bono by the advertising agency Publicis. It is not yet clear when the broadcast ads will be played because, as public-service announcements, they will run on donated time. Television and radio stations' public-service directors decide which spots run, and when.

You can find the full Chronicle piece here (password protected).

U.S. House Of Representatives Chop Student Loan Interest Rates In Half

Posted on January 17th, 2007 in Uncategorized | No Comments »

U.S. House Of Representatives Chop Student Loan Interest Rates In Half

It's nice to see politicians keep a promise. It's even nicer when it benefits college students so much. Thanks to the decision made today by the Democrat-heavy House of Representatives, Student Loanlinks (need-based) interest rates will decrease by half over the next five years.

The vote was passed against the protests of President Bush and other Republicans.

"This legislation will be a vital first step toward helping lower college costs for millions of low- and middle-income students," said California Democratic Rep. George Miller. He is a chief sponsor of the measure that now goes to the closely divided Democratic-led Senate for an anticipated battle.

Democrats promised to cut student loan interest rates as part of their campaign that helped them win control of the U.S. Congress from Bush's Republicans in November's elections.

Good news…maybe more like it will follow.

University Students In India Face Fee Hikes

Posted on January 16th, 2007 in Uncategorized | No Comments »

University Students In India Face Fee Hikes

Higher education in India–as in most countries–is already quite expensive. And it's about to get worse.

Recently, a proposal passed to raise university fees country-wide. Many people have protested, pointing out that higher education is becoming unattainable, and fee decisions should be made on a school-to-school basis, by each school's administration.

What do you think this means for the future of university education in India? What about in your own college? Do changes need to be made in the costs of college educations?