California colleges continue to feel the brunt of the financial crisis. The fiscal year starts in July and school begins in August and September, but some colleges may make cuts while students are mid-stream in classes. Some community colleges are threatened with closure. Community colleges may have to cut enrollment, lay off instructors and stop offering […]
Archives for May 2012
More financial trouble for school districts
It is being blamed on the budget crisis. Nearly one-fifth of California school districts and county offices of education, including four in Santa Clara County and two in San Mateo County, face the risk of bankruptcy, state Superintendent of Schools Tom Torlakson has warned. A record-high 188 of California’s 1,050 districts and county offices did […]
Grants going away
Congress is pulling the plug on Pell Grants and thousands of students will be affected. Apparently this is supposed to save $11 Billion over the next 10 years. Among those who will lose Pell Grants in the summer are at least 65,000 new college students without high school diplomas and 63,000 who have spent more than […]
Congratulations Class of 2012
I was just thinking about the students graduating from College soon. I know it has been hard work for them, as it was for me when I went through college. It isn’t easy for anyone. In fact, the entire education process or educational career is challenging from cradle-to-college. A Venture Capitalist recently told me that […]
Debt Free Tuition
Climbing tuition + stagnant income = High debt + lost opportunity. Systemic underfunding of public higher education is closing the doors on educational opportunity for an increasing number of middle class and low income students. While tuition increases and “sticker shock” create significant financial and psychological barriers to high school graduates contemplating higher education, median […]
Student loans bury students
It is frightening when you read these stories about tuition. California is not the only state facing tuition/education issues. In a recent article from a Florida mom, she contemplates how high tuition will be in four years, as her kid is a high school freshman. At this point, for her it almost seems too late […]
Quebec Tuition
I first heard about it on NPR. The USA is not the only country facing issues with education. I’m convinced that anytime a government is in control of education, it will eventually fail – which has been the case for the USA’s education system’s slow death. Quebec faces a budget deficit of $3.5 Billion, although […]
More cuts to schools
California’s budget deficit has grown to a projected $16 billion and the state will have to make severe cuts to schools and public safety if voters reject tax hikes in November, Gov. Jerry Brown announced Saturday. The Democratic governor said the state’s shortfall grew from $9.2 billion in January because tax collections have not come […]
Student Loan Debt in America
Americans now owe more on student loans than they owe on their credit cards. The amount of student debt being taken on every year has been rising rapidly for years now.You probably know these things already. People keep reporting it, with the implication that student debt is out of control, that there is some kind […]
Unfulfilled Amibition
A recent huffington post about Foster Youth revealed the not-so-good odds of Foster Youth getting an education that will set them up for success in life. There is a huge societal cost of unfulfilled ambition. Of the 55,000 California children in foster care, more than 4,000 will “age out” of the system every year without […]