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[Rogerdodger]

Which schools are NOT for PROFIT? Regents to raise tuition, fees at Oklahoma colleges today June 24, 2010 All 25 public colleges requested an average 5.1 percent increase for resident students. Though the average percentage of increase for non-resident students is lower, at 4.8 percent, that percentage translates into a higher dollar amount -- an average increase of $14.09 per-credit hour In the meantime "endowments" can't keep up with the demand for MONEY, MONEY, MONEY! Campaign for Scholarships, announced just a year ago as a five-year, $50 million drive for immediate and endowed scholarship help to offset ever-rising tuition and fees. Eclipsing all others was the University of Texas System at more than $11.6 billion, a tes-tament to the wisdom of finding oil under school land set-asides. (Texas also ranked third among all institutions, public and private, behind behemoths Harvard at $25.4 billion and Yale at $15.2 billion). The University of Oklahoma’s total endowment (which was $777.5 million in the NACUBO study of fiscal 2005 and had grown to approximately $879.3 million by March 31, 2006) And all we say is that BIG OIL is greedy as these students are strapped by student loan debt for years to come. Something is not right with this.

[Rogerdodger]

For-Profit Colleges Decline on Concern About Probe of Recruiting Tactics

[Rogerdodger]

Stripper Says Degree Profitable for Goldman Not Worth It

Aug. 6 (Bloomberg) -- Carrianne Howard dreamed of designing video games, so she enrolled in a program at the Art Institute of Fort Lauderdale, a for-profit college part-owned by Goldman Sachs Group Inc. These days, the 26-year-old makes her living in a way that doesn't require a college diploma -- by stripping at a topless club. Like many investors, Goldman, owner of 38 percent of the Art Institute's parent, Education Management Corp., was drawn to for-profit colleges by their rapid growth and soaring stock prices. Bloomberg's Cali Carlin reports. (Source: Bloomberg)

VIDEO LINK

[stocks]

Future of Education is At Hand: Online, Accredited, Affordable, Useful

I have long been in the camp that the price of education is so expensive as to make college a poor choice for many who attend, and a downright bad choice for those who go heavily in debt for degrees in little demand.

The entire education system is and has been for some time unsustainable. The cost of education keeps rising along with ...

1.Government aid
2.Union contracts
3.Pension benefits
4.Salaries of coaches
5.Competition for the most elaborate dorms
6.Fundraising

Dylan Matthews at the Washington Post has a 10-part series called "The Tuition is Too darn High". The first seven articles in the series are already available. Part-10 is the writer's proposed solution.


Read more at http://globaleconomi...gg0ke2GtM2O4.99