Many Democratic candidates running for national and state offices are touting the benefits of free tuition and debt-free college proposals. Some party strategists say the proposals may go too far and could alienate some voters who may see the programs as too expensive.
The US economy has benefited from the country's entrepreneurial spirit and its toleration of "creative destruction," write former Federal Reserve Board Chairman Alan Greenspan and The Economist political editor Adrian Wooldridge. In this essay, they assert that financial-system reforms and a tightening of entitlement spending are needed to ensure the country's long-term economic strength.
For those with an entrepreneurial spirit, an MBA can enhance their ability to build a solid business plan and learn leadership skills, according to Jatin Bhandari, founder of InterviewNinjas and PythaGurus. Bhandari asserts an MBA also can give professionals credibility and access to a wider network of partners, mentors and customers.
Employers want to hire workers who are communication savvy, have expertise in their field and use their time effectively on the job, writes CareerTrax founder David Jensen. Hiring managers also are seeking candidates who express an interest in growing beyond the job they're applying for, he notes in this commentary.
Students see their costs lowered when courses use open educational resources, but a study reveals that it cost five community colleges participating in an OER initiative an average of $11,700 to develop OER materials. The study also shows that college bookstores at participating schools saw an average loss of $14,000 per institution in textbook sales revenue.
A study of identical and nonidentical twins by researchers at King's College London found a genetic link between the type of college that students choose and how well they perform. Researchers say genetics had a 47% influence on which college the students chose, with 36% of the influence coming from environmental factors.
A study by student-loan lender Sallie Mae found that parents are paying about 34% of the cost of college, while scholarships contribute 28% and students pitch in 13%. The data also show middle-income parents end up borrowing slightly more than other groups.
Returns on the University of Michigan's investments have brought in an additional $1 billion this year, growing the school's total endowment to $11.9 billion. The return allowed the school to increase its endowment disbursement in fiscal 2018 to $346 million up from $325 million the previous year.
Join GMAC researchers on Wednesday, Oct. 31, for a deep dive on business master's programs in the United States and Europe. Register for the webinar.
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