What’s a Jobless Recovery?
If you have been watching the headlines parade by in recent weeks you’d think the American economy has once again surfaced, sputtering for air. It’s been record days on Wall Street, a $1 billion quarter from Ford, as well as banks (B of A) and insurance companies (AIG) who took billions in federal subsidies [...]
Michigan State to Close Academic Departments
Michigan State University (MSU) has completed cutting the fat from its budget and is now cutting into the bone. In the wake of vastly reduced state funding, a grim fact that virtually all public universities are facing, MSU has announced tentative plans to axe not only degree programs but entire departments. The protests [...]
Entrepreneurship Degree Planned at New College Institute
In the state of Virginia, Martinsville’s infrastructure is in trouble. Due to the loss of many manufacturing jobs in the area, the city contains the highest unemployment percentage in the state. City officials realize that, as factory jobs are increasingly taken over by foreign or robotic hands, many of those jobs will not be recovered [...]
Major Student Loan Overhaul in Washington
On September 17th the House of Representatives passed the Student Aid and Fiscal Responsibility Act, a bill that provides billions of dollars in federal spending on education and that makes a major change in the structure for student loans in this country. The omnibus bill is described in the New York Times as a [...]
Clean Energy Generating Job Growth in Two Areas
The Pew Charitable Trusts organization issued a voluminous report in June of this year that does a good job of quantifying the economic impact of the move toward clean energy. Their analysis of growth in the field shows that jobs in the field grew at three times the rate of all job growth between [...]
Kansas Looking for Online Economies in Public Universities
Public universities across the country have encountered horrific budget cuts as the result of reduced state expenditures, which in turn have been caused by the recession. Kansas is no exception; the state’s six public institutions of higher education are faced with a $76 million drop in revenue from the state budget. Partial remedies [...]
Upstate South Carolina Sees Upswing in Trade School Enrollment
The recession is making a major dent on South Carolina — as employment falters, enrollment at vocational schools continues to rise, and classes are filling up fast.
“Many general education classes such as basic English and math are full,” Greenville Online reports, but more than just general education classes are affected. Veterinary technician schools and [...]
Recent Business School Study Links Financial Crisis to Hormones
Our nation’s current deficit may be due to a number of factors, but what do hormones have to do with anything? Potentially a lot. A recent study of prestigious Chicago area business schools suggests that testosterone levels have a major impact on a person’s predisposition toward taking risks.
The study in question was published today [...]
Cosmetology School Sparks Passion in Career Changers
Across the country, people are finding themselves out of work or unsatisfied with their current career. No matter the case, the result is the same: thousands upon thousands pursuing new skills and new credentials to help find something new and better. Trade schools are among the most popular back-to-school options, and among those, cosmetology schools [...]
Out of Work Alumna Sues Alma Mater for Tuition and Damages
A college education is supposed to be the gateway to a better career. So, if that new career doesn’t happen immediately out of the gate, can you hold that college responsible for failing in its duties? One former student is determined to find out: Trina Thompson, alumna of Monroe College in New York, is suing [...]
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