10 Things Student Loan Companies Won’t Say

Anamaria Andriotis:

Your co-signer could do you more harm than good.
Before they will lend thousands of dollars to a college-bound 18-year-old, around 80% of private lenders require a co-signer, according to the Consumer Bankers Association. Typically, that’s a parent or another relative, but it can be anyone willing to take responsibility for paying back the loan. Private lenders often tout the benefit of an adult cosigner, saying that because students don’t have much of a credit history, the a co-signer’s good standing can help secure a lower interest rate. That’s true, but it also puts the student at the mercy of the parent’s credit history, which may not be so stable these days.

The Higher-Education Battle the White House Should Be Waging

Kevin Carey:

In February 2009, in his first speech to Congress, President Obama pledged that America would regain the world lead in college attainment by 2020. It was a bold declaration, one that gave hope to those who worry that the nation’s historic commitment to higher learning is at risk.
Whether Obama really means it, however, remains to be seen. The administration has not yet developed a plan that would plausibly produce the millions of additional graduates needed to meet the 2020 goal.
To get there, the president must change the politics of higher-education reform. He should begin by using the bully pulpit to underscore how public and student interests often conflict with the priorities of traditional colleges and universities. The administration knows how to do this, because it’s already done so–twice. In 2010 it took $87-billion in unneeded student-loan subsidies away from private banks and gave the money to taxpayers and low-income students in the form of more-generous Pell Grants. In 2011 the Department of Education installed a new system for regulating the rapidly growing for-profit higher-education sector, protecting public dollars and saving students from being suckered into borrowing too much money for low-value degrees.

Me vs. the movement to opt students out of tests

Jay Matthews:

Shaun Johnson is a blogger and assistant professor of elementary education at the College of Education at Towson University in Maryland. He has been active in the movement to protest overuse of standardized tests by persuading parents to opt their children out of the testing, an option few exercise or even know they have.
I told him I thought that was a bad idea. He agreed to debate the issue here. I start:
Mathews: You realize, I assume, that the vast majority of parents approve of testing and want their schools to be accountable in this way. Politicians who embrace the notion that we have to junk standardized tests don’t go far. You are never going to get much support for an opt-out. Why do it? Why not instead come up with an alternative that makes sense to most parents? You don’t have that yet.
Johnson: There’s a lot of assumptions being thrown around here. I think you assume incorrectly that a vast majority of parents approve of testing and want “schools to be accountable in this way.” It’s the only “way” that’s been offered to them within the mainstream conversation on education. As a result, parents, and even many educators, don’t necessarily receive the perfect information to make rational decisions. The test-driven mandate is what predominates in educational discourse in both traditional and non-traditional media.

Gaithersburg school says no homework — just free reading

Jay Matthews:

Two years ago in a column on how schools could save money, I suggested replacing elementary school homework with free reading.
“Throw away the expensive take-home textbooks, the boring worksheets and the fiendish make-a-log-cabin-out-of-Tootsie-Rolls projects,” I wrote. “Eliminating traditional homework for this age group will save paper, reduce textbook losses and sweeten home life. Students should be asked instead to read something, maybe with their parents — at least 10 minutes a night for first-graders, 20 minutes for second-graders and so on.”
Many readers liked the idea, but they and I were sure it would go nowhere, particularly in the Washington area. Many children here see homework as a welcome rite of passage, like getting a library card or being allowed to watch the seamier shows on the CW. Many parents equate heavy homework with good teaching.

Writers on Writing

The Washington Post:

In honor of the National Book Festival, running Sept. 24 – 25 on the National Mall, we asked some of the authors participating to share their thoughts on a few writerly subjects.
What do writers think about writing? Here’s a small selection of what they had to say.
THE THING I’M HAPPIEST ABOUT IN MY WRITING CAREER IS . . .
That rarest of occurrences: being able to finance my writing life with the writing itself.
— Russell Banks
The sound of my father’s voice on the telephone when I told him that I had been awarded the Pulitzer Prize. That the book, “Thomas and Beulah,” dealt with my home town and was about my maternal grandparents made the announcement that much sweeter.

Race-based bake sale attracts attention at UC

Nanette Asimov:

A face-off on the UC Berkeley campus Tuesday pitted Democrats vs. Republicans, pro-affirmative-action students vs. those favoring race-blind policies, and, ultimately, cupcakes vs. brownies.
None other than former UC Regent and affirmative-action opponent Ward Connerly showed up on Sproul Plaza to help campus Republicans sell frosted cupcakes priced according to the race of the buyer – a stunt intended to mock legislation before the governor that would allow universities to consider race and ethnicity in admissions decisions.

K-12 Tax & Spending Climate: Bread & Circuses, or a Look at California’s Union, Pension, Budget and Political Challenges

Michael Lewis:

David Crane, the former economic adviser–at that moment rapidly receding into the distance–could itemize the result: a long list of depressing government financial statistics. The pensions of state employees ate up twice as much of the budget when Schwarzenegger left office as they had when he arrived, for instance. The officially recognized gap between what the state would owe its workers and what it had on hand to pay them was roughly $105 billion, but that, thanks to accounting gimmicks, was probably only about half the real number. “This year the state will directly spend $32 billion on employee pay and benefits, up 65 percent over the past 10 years,” says Crane later. “Compare that to state spending on higher education [down 5 percent], health and human services [up just 5 percent], and parks and recreation [flat], all crowded out in large part by fast-rising employment costs.” Crane is a lifelong Democrat with no particular hostility to government. But the more he looked into the details, the more shocking he found them to be. In 2010, for instance, the state spent $6 billion on fewer than 30,000 guards and other prison-system employees. A prison guard who started his career at the age of 45 could retire after five years with a pension that very nearly equaled his former salary. The head parole psychiatrist for the California prison system was the state’s highest-paid public employee; in 2010 he’d made $838,706. The same fiscal year that the state spent $6 billion on prisons, it had invested just $4.7 billion in its higher education–that is, 33 campuses with 670,000 students. Over the past 30 years the state’s share of the budget for the University of California has fallen from 30 percent to 11 percent, and it is about to fall a lot more. In 1980 a Cal student paid $776 a year in tuition; in 2011 he pays $13,218. Everywhere you turn, the long-term future of the state is being sacrificed.
This same set of facts, and the narrative it suggested, would throw an ordinary man into depression. He might conclude that he lived in a society that was ungovernable. After seven years of trying and mostly failing to run California, Schwarzenegger is persuasively not depressed. “You have to realize the thing was so much fun!” he says. “We had a great time! There were times of frustration. There were times of disappointment. But if you want to live rather than just exist, you want the drama.” As we roll to a stop very near the place on the beach where he began his American bodybuilding career, he says, “You have to step back and say, ‘I was elected under odd circumstances. And I’m going out in odd circumstances.’ You can’t have it both ways. You can’t be a spoiled brat.”

wikipedia on bread and circuses.