asterisk2a + un-college   27

One Map Shows Just How Expensive College Can Be for Students Making Minimum Wage
[S]ubstantial evidence that lack of information plays a critical role in shaping the financial decisions people make. Consider how a vast majority of people who are currently defaulting on their student loans in the U.S. would be able to halt their financial suffering if they knew they could enroll in an income-based repayment plan that would shrink or eliminate their monthly payments. This map goes some way toward explaining why low-income students are less likely to enroll in college. If the idea that college is a risky investment is something thats gaining traction in well-to-do circles, then surely people who hail from less fortunate backgrounds are even more inclined to think the potential price is too high. // could be seen as balance sheet recession: rising cost of education - & on other side - unable 2 pay w job u can get (asset value). Education is mispriced in UK/USA in a new world going forward! >> youtu.be/_EDGTzOXa_g?t=1h46m5s
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september 2015 by asterisk2a
Students seek diverse education at lower cost | FT Business School - YouTube
A big challenge for business schools is that students are looking for a higher return on their investment. Candidates also require greater depth and variety in terms of courses, in particular on analytics, and teaching modes.
education  policy  vocational  education  professional  education  MOOC  Future  of  Work  Start-up  of  You  Mobile  Creatives  Mobile  Creative  21stcentury  STEM  MBA  University  College  un-college  diversity  apprenticeships 
august 2015 by asterisk2a
How Millennials Are Paying a High Price As a Result of the 2008 Financial Crash | Better Markets
[ post-GFC ] 56% of 22-year-olds who just graduated ended up in jobs that did not require a degree, categorizing them as “underemployed.” [...] Today’s younger Americans are taking on more student loan debt than any generation before them, delaying major life milestones such as buying a home and starting a family. This debt is also threatening older generations, who need a large and growing workforce paying into social safety net programs such as Medicare and Social Security. [...] Mr. Rattner gets it right in his column when he writes that “starting behind often means never catching up,” since it’s been proven that graduating in a poor economy can have a long-lasting effect on a person’s career. [...] This lost generation faces an uncertain future and the resulting fallout will negatively impact them, their families and the entire U.S. economy for decades to come. // all the while, banker bashing has become a no-go topic in UK. // &! bit.ly/14R1pzk &! bit.ly/1PsHx7C
underemployed  lost  decade  lost  generation  un-college  College  University  UK  USA  job  market  job  creation  labour  market  recovery  2015  GFC  Millennials  inequality  Gini  coefficient  student  loan  debt  student  loan  student  debt  debt  servitude  demographic  bubble  social  mobility  income  mobility  unintended  consequences  long-term  view  long-term  thinking  economic  damage  Europe  austerity  Generationengerechtigkeit  fairness  social  cohesion  social  contract  social  tension  TBTF  too  big  to  jail  bailout  apprenticeships  education  policy  vocational  education  professional  education  skills  gap  skill-biased  technological  change 
august 2015 by asterisk2a
Universities push for higher fees - BBC News
// distortion to choice of students - prospective workforce = miss allocation of resources/assets (human capital). this is not consumer choice. this is a choice that will be with the rest of your life. &! Tens of thousands of students are relying on payday loans to cover their daily living costs, a survey suggests. - bbc.co.uk/news/education-33328374
un-college  University  social  mobility  income  mobility  education  policy  Gini  coefficient  student  loan  debt  Bubble  student  debt  UK  inequality  Privileged  Toff  Establishment  Future  of  Work  practical  skills  practical  skill  set  Liberal  Arts  knowledge  worker  knowledge  economy  competitiveness  competitive  flat  world  globalisation  globalization  fiscal  policy  labour  market  labour  economics  human  capital  vocational  education  distortion  asset  allocation  capital  allocation  choice  apprenticeships  Payday  Loans  cost  of  living 
july 2015 by asterisk2a
▶ Noam Chomsky - The Purpose of Education - YouTube
learning to learn on your own. // against indoctrination, dogma, propaganda, // student debt is a trap // exponential impact of technology, augmented intelligence, robotics, software, automation, ... hockey stick move will come/near. // framework to guide your pursuit << understand what u are looking for. otherwise will go in wrong direction. randomness. // nobel prize winners didn't publish most articles in journals, they knew what to look for. capacity to seek what is significant. (defying other peoples dogma) always willing to question whether you are on the right track or not. // education mostly seen as investment into people that create jobs/economic growth. rather than create better human beings. // taking tests can be of use to some extent. taking tests, score well, but have not interest in it, and understand very little and keep very little long-term. // better to learn to understand and explore than to score insular test questions. IT MATTERS WHAT YOU DISCOVER.
education  policy  Philosophy  Career  Politicians  Enlightenment  Liberal  Arts  Google  MOOC  e-learning  online  learning  practical  skills  practical  skill  set  dogma  Future  of  Work  Mobile  Creatives  Mobile  Creative  un-college  University  democracy  history  student  loan  debt  student  of  life  Bubble  apprenticeships  Trainee  destruction  kindergarten  authority  abuse  of  power  Moore's  Law  Software  Is  Eating  The  World  augmented  intelligence  artificial  intelligence  automation  Robotics  marketplace  marketplace  efficiencies  homescreen  life  lesson  life  hacker  self-improvement  Bulimie  lernen  bulimic  learning 
june 2015 by asterisk2a
Porträt ǀ Unten durch — der Freitag
Vor kurzem hat er ein Buch veröffentlicht, das als „Unterschichtenroman“ Aufsehen erregt hat. In einer klaren, nüchternen Sprache schildert er darin seine Erfahrungen als Leiharbeiter, mit prekären Jobs und Beziehungen. Mittlerweile lebt Wall in Berlin-Wedding, nahe der Uferhallen, wo wir uns treffen. Der Ort vereint zwei Welten, das Raue und das Kreative. Passt also. [...] Es geht oft um Fingernägel, Kleidung, Schönheit. Äußerlichkeiten sind wichtig, wenn alles um dich herum hässlich ist. [ Selbstdarstellung A und O in heutiger welt! - The Vanity Economy Explosion - https://youtu.be/e6g7EczEA2U?t=2m see Economy of Fakes out of China & Co. & youtu.be/IZyEkwqy3xY Investing in Vanity, Leisure and Luxury Products ] // [...] [Uni Abschluss] so besonders ist das gar nicht. [ personal differentiation needed because abundance of workers/competition businesses can choose from - that work for the lowest wage possible. creativity is not in abundance. risk takers neither. ] // Jeder fuer sich.
precarious  work  Precariat  Werkvertrag  Leiharbeit  Zeitarbeit  working  poor  social  cohesion  poverty  poverty  in  old  age  child  poverty  food  poverty  hartz-iv  ALG2  Aufstocker  Germany  labour  market  labour  economics  book  status  symbol  status  anxiety  socioeconomic  status  social  status  Vanity  Selbstdarstellung  Selbstfürsorge  society  celebrity  culture  of  You  Gini  coefficient  globalisation  globalization  Western  World  public  image  Mobile  Creatives  Mobile  Creative  economics  of  abundance  marginal  cost  Industrial  Revolution  2.0  Future  of  vocational  education  education  policy  practical  skills  practical  skill  set  differentiate  differentiation  Brand  Branding  competitiveness  competitive  competition  economic  history  social  mobility  downward  mobility  income  mobility  University  College  un-college  policy  folly  policy  error  Career  Politicians  flat  borderless  BRIC  Developing  World  Frontier  Markets  destruction  value  creation  gesellschaft  culture  Universal  Basic  Dimitrij  Wall  Europe  Proletariat  democracy  No  Representation  Luxury  aspirational  aspirational  product  projection  consumerist  consumerism  zombie  consumer  consumer  choice  visual  identity  identity  individuality  Capitalism 
may 2015 by asterisk2a
Marco Rubio Takes Mark Halperin to School - YouTube
min 4 - liberalising student loan's, making student loans a pure private entity. lol. what could go wrong? the small print. the "selling" of said in-transparent contracts. where in the USA, you can't default on your student loans - they are exempt from private bankruptcy proceedings.
re-training  vocational  education  education  policy  apprenticeships  e-learning  online  learning  practical  skills  practical  skill  set  College  un-college  MBA  University  student  loan  debt  Bubble  studentdebt  StudentLoans  Marco  Rubio 
may 2015 by asterisk2a
A16z Podcast: Regulation and the Sharing Economy | Andreessen Horowitz
min 17:30 - start-up economy is completely engineering constraint. running red hot white. "we can't find enough engineers." 100.000k becomes the norm for seasoned engineers/programmers --- https://soundcloud.com/a16z/a16z-podcast-regulation-and-the-sharing-economy // //there are probably +10% who can't afford college but would be engineers. thus need out of highschool to engineering apprenticeship (dual system like in Germany) // should be started by FB and Co in Co-Operation with 1-3 colleges that take on every other two weeks these type of students with a separate curriculum. 3 year degree. instead of 4. with work experience. // << Pilot // especially approaching talented high school kids from disadvantaged backgrounds and areas. // http://paulgraham.com/95.html "Startups are [...] constrained for talent."
Silicon  Valley  Mobile  Creatives  Mobile  Creative  STEM  Future  of  Work  Year  of  Code  labour  market  labour  economics  College  un-college  education  policy  University  apprenticeships  immigration  USA 
april 2015 by asterisk2a
BBC News - 'Colossal' spending cuts to come, warns IFS
Current Austerity focus is running UK economy into the ground. Not towards the futures. Yes to cut waste. Yes to trim here and there. But there is no sight of investment into the future; ie pushing apprenticeships and industrial (STEM, research) practical skill set (dual college & university courses modelled after Germany), living wage, reduction on reliance on service sector and consumption. There is no inspiration. No future in his head. Just managing the status quo. Moving the pieces. Just like any other career politician. &! http://www.bbc.co.uk/news/business-30318870
austerity  George  Osborne  general  election  2015  UK  recovery  education  policy  Year  of  Code  Software  Is  Eating  The  World  industrial  policy  fairness  Gerechtigkeit  tax  avoidance  tax  evasion  Toff  Establishment  No  Representation  Super  Rich  Privileged  1%  tax  free  income  disposable  income  productivity  output  gap  liquidity  trap  zombie  consumer  zombie  corporations  zombie  banks  monetary  transmission  mechanism  sovereign  debt  crisis  Super  Cycle  living  wage  working  poor  child  poverty  food  poverty  poverty  public  health  policy  public  health  sick  population  NHS  practical  skills  practical  skill  set  STEM  apprenticeships  un-college  education  bubble  Liberal  Arts  democracy  Democratic  Process  Career  Politicians  Makers  policy  error  policy  folly  GFC  debtoverhang  deleveraging  flat  globalisation  globalization  competitive  competitiveness  comparative  advantage  Mobile  Creative  Mobile  Creatives  war  for  talent 
december 2014 by asterisk2a
Law school applications collapse: Get ready for schools to start closing | Hacker News
see comments ie: "There are lots of areas where formal education is a must. Even when you can self-teach everything, you still need some structure, some meta-learning, to learn what you need to study to build the pillars of your knowledge. And you still need some organization that certifies that you know what you claim you know. Medicine is an obvious example. Engineering is another. No-one would like to live in a tall building made by somebody who claims to know how to build tall buildings, but didn't go to college. I bet not many pharmaceutical companies would like to hire someone without a degree to design a new drug. [...] She started studying again, realizing that without a career, she's going to have a really hard professional future." &! "A college degree and a college experience is a nice thing to have, I think. But I doubt it's worth $250K as the price of basic entry to the job market. Something's got to give." &! https://news.ycombinator.com/item?id=8687714
un-college  education  bubble  practical  skills  practical  skill  set  Year  of  Code  Mobile  Creative  Mobile  Creatives  Future  of  Work  formal  education  Liberal  Arts  business  education  MBA  education  policy  Student  Loan  debt  bubble  private  debt  disposable  income  Law  School  ROI 
december 2014 by asterisk2a
BBC News - 'No wage rises' until jobless rate falls to 5% says MPC member
Martin Weale said there may be more spare capacity in the economy than policymakers had previously estimated. +++ Bank of England 'puzzled' by productivity gap - http://www.bbc.co.uk/news/business-27857472 >> London Finance Centre Canary Wharf drove up productivity in the run up to the 2008 GFC :: UK workforce as a whole, lacking skills for the future, thus the productivity gap; Mobile Creative, Mobile Creatives, skill-biased technological change, knowledge worker, White-collar Worker, Blue-collar Worker. Year of Code is too late and a drop/tea-cup in the ocean. College needs to offer Computer Science Degrees (Technichal College), not just University. College's offers courses as "Beauty Technicians." Services Industry that does NOT scale. A locals hairdressers service can not be exported, sold and consumed in other countries. Period.
spare  capacity  output  gap  UK  productivity  recovery  2014  BOE  economic  history  unknown  unknowns  complexity  unemployment  structural  unemployment  economy  monetary  policy  fiscal  policy  austerity  Impediments  faultlines  structural  imbalance  productivity  gap  Mobile  Creative  Mobile  Creatives  skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  workforce  Year  of  Code  21stcentury  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  education  Higher  formal  education  business  education  education  bubble  un-college  College  scaling  scale  microeconomics  macroeconomic  policy  microeconomic  policy  macroeconomics  macroprudential  policy  microprudential  regulation  Public  interest  retraining  STEM  education  policy  Career  Politicians  short-term  thinking  long-term  thinking  accountability  Politics  transparency  democracy  Democratic  Process  free  press  free  speech  pluralistic  society  plurality  pluralism  freedom  of  press  debate  discourse 
june 2014 by asterisk2a
Evolving Education Technology: From Chalkboards to MOOCs - YouTube
Assistant professor and science writer Kristin Sainani makes the case that MOOCs, massive open online courses, are just the next step in science instruction.

Complete program available for free at http://fora.tv/2012/12/10/How_Are_MOOCs_Changing_Science_Education
college  university  un-college  education  bubble  education 
december 2012 by asterisk2a
The Student Loan Bubble In 19 Simple Charts | ZeroHedge
Crummy politicians guaranteed mortgage debt which led via little conservatism and little oversight and governance into a property bubble, etc etc - the rest is history

The same has been in the making for over 2 decades now with student debt and grants ... a bubble that will burst eventually.

http://www.zerohedge.com/news/2012-09-28/next-subprime-crisis-here-over-120-billion-federal-student-loans-default

there is now at least $122 billion in federal student loan defaults. And surging every day.

Ladies and gentlemen: meet the new subprime.
NPL  subprime  governance  lobby  oversight  lostgeneration  government  USA  Student  Loan  Bubble  debt  education  education  college  university  un-college  studentdebt  debt  StudentLoans 
september 2012 by asterisk2a
Richard David Precht: - Wir brauchen eine Bildungsrevolution! Richard David Precht fordert Wandel in der Schulpolitik | Cicero Online
RICHARD DAVID PRECHT

Kinder werden in Deutschland immer noch nach den gleichen Methoden unterrichtet wie vor 50 Jahren. Unsere Schulen zerstören die angeborene Neugier. Eine Revolution muss her, auf die Barrikaden!
university  philosophy  un-college  college  education  bubble  education  book 
september 2012 by asterisk2a
Allgemeine Zeitung - „Finanzindustrie tötet sich selbst“
RICHARD DAVID PRECHT

Was können Unternehmen in Krisenzeiten tun, um einen fairen Umgang miteinander zu fördern?

Der faire Umgang wird vor allem gefördert, wenn der finanzielle Unterschied in der Belegschaft nicht zu groß ist. Wenn sie gewaltige Gehaltsgefälle in einem Unternehmen haben, können sie noch so lange erzählen, dass alle Mitarbeiter im gleichen Boot sitzen.

[...]

Karrieren verlaufen stromlinienförmig. Quereinsteiger haben im Gegensatz zu früher kaum noch eine Chance.

[...]

Ich glaube, dass wir ein Jahrhundert der Frauen erleben werden.
philosophy  book  equality  women  education  bubble  university  un-college  college  education  WallStreet  Fortune  500  corporate  culture  corporate  governance  inequality 
september 2012 by asterisk2a
Macht lernen dumm? Richard David Precht 31.08.2012 - die Bananenrepublik - YouTube
more . http://www.youtube.com/watch?v=uNgpurZNYRU

In seiner ersten Sendung spricht Richard David Precht mit dem Hirnforscher und Schulkritiker Gerald Hüther über den "Skandal Schule". Was läuft warum falsch in unserem Bildungssystem?
mentor  mentoring  learning  politics  Germany  coaching  book  college  university  un-college  education 
september 2012 by asterisk2a
Higher education: The college-cost calamity | The Economist
A crisis in higher education has been brewing for years. Universities have been spending like students in a bar who think a Rockefeller will pick up the tab.

Universities hope that vast investments will help them attract the best staff and students, draw in research grants and donations, and ultimately boost their ranking in league tables, drawing in yet more talent and money. They have also increased the proportion of outlays gobbled up by administrators.

To pay for all this, universities have been enrolling more students and jacking up their fees. The average cost of college per student has risen by three times the rate of inflation since 1983. The cost of tuition alone has soared from 23% of median annual earnings in 2001 to 38% in 2010. Such increases plainly cannot continue.

Book: Glenn Reynolds “The Higher Education Bubble”

people start asking whether a degree in religious and women’s studies is worth the $100,000 debt incurred to pay for it.
StudentLoans  book  bubble  studentdebt  student  loan  debt  un-college  education  college  university  debt  bubble 
august 2012 by asterisk2a
BBC News - Scottish graduates 'told to dumb down CVs'
Two-thirds of the students it surveyed found the Jobcentre unhelpful in finding work.

CAS said many graduates were apparently told by Jobcentre staff that their qualifications actually deterred employers and advised to leave degrees off their CVs altogether to secure "survival jobs".

"At the (Jobcentre) group meetings we were encouraged to leave any degree off the CV to help us find more plentiful unskilled work. Nobody would employ me as a cleaner if I had a degree. I was told to stop looking for graduate work and take a 'survival' job."

"Having been told a degree was the key to a successful and prosperous life, and having worked hard and sacrificed a lot to get one, many have become entrenched instead in a culture of unemployment or low wages and short-term contracts.

"It's heart-rending to read so many accounts of people, once full of hope for the future, who feel their lives are on hold. Some are even questioning whether it was worth the time, money and effort to get degree.
formal  education  higher  education  college  2012  lostdecade  greatrecession  un-college  university  education  UK  unemployment 
july 2012 by asterisk2a

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