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Wednesday, October 27, 2010

118. MVCAP fyi

See free MVCAP e-books on college admissions and financial aid for sharing, printing, and downloading at our online resource library: http://issuu.com/mvcap

1. Banks spend big to sell credit cards to students, by Amy Haimeri

"In total, the report showed that credit card companies spent $82.4 million to net 53,164 new student accounts. The University of Notre Dame got the biggest payment of any school: Chase paid the school $1.8 million and in the end got 77 new borrowers. The school used the funds exclusively for financial aid, according to university spokesman Dennis Brown. Meanwhile, Bank of America spent $1.5 million on the University of Southern California campus to sell 659 new accounts."

2. Book Reviews: 'Don't Stalk the Admissions Officer' and 'I'm Going to College -- Not You,' by Rebecca R. Ruiz -

"Ms. Delahunty opens with some statistics, including that the largest high school class in American history will have graduated from 2008 to 2012. Taking the measure of today’s increased number of applicants, the fixed number of seats at top universities and the high ambitions of Baby Boomer parents for their children, Ms. Delahunty writes about the extreme parental stress of the admissions process, “the crucible of anxiety.” In the anthology, she seeks to capture the “tightrope parents must walk between ‘control freak’ and ‘friend.’” There are essays from mothers and fathers, each of them writers, professors or admissions staff members who have sent their children off to school."

3. High Stakes in Ohio - Inside Higher Ed:

"Many observers suspect that the structural and other changes that Strickland put in place could be scuttled by a new governor, either because they are too expensive (with the state facing an $8 billion budget shortfall) or because they're not his own. It is uncertain whether Kasich, were he to win, would retain Eric D. Fingerhut -- a close political ally of Strickland's who carries out his agenda as chancellor of the newly created University System of Ohio -- or replace him with his own right-hand man. Some college officials worry more generally that Kasich, as a budget hawk in Congress, would take a different approach to higher education funding given Ohio's financial mess, declining to favor colleges and students as Strickland has. Yet others say the chancellor’s long-term plans have enough traction and support in the legislature that people are worrying needlessly. Fingerhut himself says higher education is a bipartisan issue in Ohio."

4. Nine Best College Radio Stations, by Danielle Wiener-Bronner

‎"Saturday marked the wrap-up of this year's College Music Journal Music Marathon and Film Festival -- an event that packed venues large and small with fledgling artists and their fans for five days. In addition to live shows and screenings, CMJ offered panels and lectures for college radio stations, and bestowed a lucky few with annual station awards. Drawing from their selection, and adding stations that have earned critical and popular acclaim from other areas, we've compiled a list of nine excellent college radio stations. Do you agree with the list, or do you think we're off-key? Weigh in below."

5. Today's Jobs Demand Updated College Education, by Jim Spohrer, IBM

‎"Services are the largest sector of the economy in most industrialized nations, and are fast becoming the largest sector in emerging markets. More than 80 percent of the world's businesses offer services rather than just products, yet most universities are only slowly shifting their focus from primarily products and manufacturing. That has to change if colleges and universities are to graduate students qualified to take on today's challenges. For that reason, IBM has been working with universities for six years on a new academic discipline called Service Science, Management and Engineering, with the goal of studying, improving and teaching services innovation. SSME also calls for academia, industry, and governments to focus on becoming more systematic about innovation in the service sector.So far, 450 universities in more than 50 countries are teaching service science related courses or degree programs that combine disciplines including computer science, operational research, engineering. . . ."

6. Out of School, Out of Work, Out of Luck: The Youth Job Crisis, by Leo Hindery -

‎"Side by side with these unemployed workers for whom the challenge of reemployment is particularly high, however, are, as I said, five million youth who are desperately seeking initial employment. And this is not by any measure a static number, for each year, in recessions and in good times alike, another 6.4 million or so young people graduate from high school and college. Five million is a huge, unprecedented number of unemployed youth -- in recent past recessions it never exceeded 1.5 to 2 million -- and the reason that this issue is so important is because a young person's prolonged delay into his first job has career-long impacts which show up as more limited job skills, fewer subsequent promotions and thus much lower lifetime income."

7. Student Credit Cards: $83 Million Dollar Pay Off, by Lynn O'Shaughnessy -

"Last year credit card companies issued more than $83 million to universities, alumni associations and foundations, according to the Federal Reserve report, which was mandated by landmark federal legislation making it much tougher for students to obtain credit cards on college campuses. In 2009, 53,164 credit card accounts were opened thanks to these higher-ed agreements. The Federal Reserve counted more than 2 million credit cards still in use that were generated by these agreements over the years.In the report, 17 financial institutions revealed a total of 1,044 credit card agreements. Forty percent of the agreements were with schools and the next biggest source were alumni associations."

8. Merging Career Tech with College Prep: Why It's Succeeding, by Kathy Baron, Edutopia, in Education Week -

"This new approach, often called career and technical education (CTE), "represents the first substantive change in high schools since they were first created in the late 1800s," observes Nancy Farnan, director of the School of Teacher Education at San Diego State University. Traditional high schools, with separate departments for each academic subject, have been around since 1893, when a task force known as the Committee of Ten, appointed by the National Education Association, released its report recommending how to standardize American high schools. CTE is almost diametrically opposite in its approach. It's all about fusion and collaboration; transforming the 3 R's from reading, writing and arithmetic, to rigor, relevancy and relationships -- among students, teachers and industry. Teachers work collaboratively to create a seamless curriculum that infuses English, math, science, and history with career skills in everything from green energy to health sciences."

9. How Far States Have to Go to Meet Obama's College-Completion Goal

"President Obama has set a goal of putting the United States first in the world by 2020 in the proportion of residents with college degrees or certificates. Here is a breakdown of the progress each state would have to make by 2020 to help meet that goal, if each state were to maintain its current share of undergraduate credentials. The calculations, by the National Center for Higher Education Management Systems, take into account current levels of educational attainment and projected population growth in each state."

10. Are the Ivies Worth The Price? by Sue Shellenbarger Choosing a College Unigo

‎"Old dreams of adult children earning degrees from elite, door-opening colleges or “legacy” schools attended by relatives are falling away in some families, in favor of a new pragmatism. Other parents and students are doing a tougher cost-benefit analysis of the true value of a pricey undergraduate degree. As parents wrestle privately with such emotional issues, many say they wish they’d begun years earlier to assess their values and priorities, long before their children’s college-decision deadline was upon them."

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