Education 03 (Jul 10 -Jul 12)

[winston]

53 Percent Of All Young College Graduates In America Are Either Unemployed Or Underemployed
Author: The Economic Collapse Blog

If you are in college right now, you will most likely either be unemployed or working a job that only requires a high school degree when you graduate.

The truth is that the U.S. economy is not coming anywhere close to producing enough jobs for the hordes of new college graduates that are entering the workforce every year.

In 2011, 53 percent of all Americans with a bachelor’s degree under the age of 25 were either unemployed or underemployed.

Millions upon millions of young college graduates feel like the system has totally failed them.

They worked hard in school all their lives, they went into huge amounts of debt in order to get the college education that they were told they “must have” in order to get a good job, but after graduation they found that there were only a handful of good jobs for the huge waves of college graduates that were entering the “real world”.

All over America, college graduates can be found waiting tables, flipping burgers and working behind the register at retail stores.

Unfortunately, the employment picture in America is not going to get significantly better any time soon.

http://www.yolohub.com/economy/53-perce ... eremployed

[iam802]

Key issues here:

- Computer Science program in University is being cut while budget for Atheletics program is increased; though the funding source for both is different.
- This is the start of State budget being cut; in other words, austerity curbs in US
- We should see more of this as the budget affects not only Florida. California has a much higher debt liability
- With more budget cuts, growth will be limited. Jobs creation will be limited. Econ data will not be good.


--

How Governor Rick Scott is Sabotaging Florida's Universities

http://www.forbes.com/sites/daviddisalv ... versities/

[winston]

Think The US Student Loan Bubble Is Bad? You Ain't Seen Nothing Yet
by Tyler Durden

By now virtually everyone has seen some combination of the two charts, showing the magnitude of the student loan bubble, a topic which even Goldman Sachs decided to take on last week:


http://www.zerohedge.com/news/think-us- ... othing-yet

[winston]

6 Things to Consider before Studying Abroad By Melainne Chiew


Looking for a change in environment while you take your education to the next level? Studying abroad might just be your answer. A culturally rich and rewarding experience awaits you, so long as the right mindset is adopted and the necessary work prepped beforehand.

Before you jump on the overseas education bandwagon, here are some things to consider:


1. Are you ready to leave?

The most common sentiment about being thousands of miles away from home would be loneliness and feeling homesick. Naturally, being alone in a foreign land for long stretches at a time can make one’s thoughts linger in what one knows best – home.

Before you make your proverbial voyage across the world, make sure you’re mentally prepared and ready to go. Tie up all loose ends, say your goodbyes, and make plans for keeping in touch. Don’t get too beaten up by feelings of displacement that are initially overwhelming; those can simply be a predecessor to an exciting new world you have yet to explore. Indeed, a vast world makes little excuse to stay in a familiar place for the most of your life.


2. Don’t be fooled by poetic romanticisms

Especially if you’ve never once or rarely ever travelled, it is unwise to impetuously drop everything and go. If your foreign land of choice has been inspired simply by novels or movies, then reader, beware. Do plenty of research and certainly do not expect Mr Darcy or Mary Poppins to be singin’ in the rain.

Check out relevant websites for useful information on accommodation, living expenses and cultural expectations. Read travellers’ blogs or quiz acquaintances and friends on their experiences in that country and their advices to share. Better still, take a prolonged trip to the country and experience life there for a couple of weeks. As the common saying goes: the best lessons are learnt outside the classroom!


3. Can you really afford to go?

Studying overseas is like buying a house: it’s a huge investment. Many Singaporean parents tend to fall into the trap of selling their apartments to pay for hefty university fees, and that’s not all. Cost of living varies amongst cities, and considering the volatile economy, one should think twice before moving abroad and simultaneously wiping out your parents’ entire life savings, especially without the support of a scholarship.

In the case where you responsibly decide to take up a personal bank loan, be warned of the vicious cycle many fresh graduates fall into: with exorbitant interest rates, study loans can sometimes take up to a lifetime to pay back.


4. Be street smart

Fresh-faced tourists and immigrants are favourite targets of petty crimes and con artists alike, so make sure you don’t come across as ignorant or weak. In any case where the latter is unavoidable then be sure to seek safety in numbers, and avoid secluded or shady areas.

Never leave your belongings unattended even if it is for two seconds. In crowded places, watch out for people who stand too close or keep “bumping” into you. They might just be trying to nick that wallet sticking out of your trenchcoat pocket.


5. Be cautious but not anti-social

Since you’re likely to be all alone when you first move overseas, be duly cautious of every person you meet but refrain from exaggerated, anti-social behaviour. While you can never be too sure of someone else’s intentions, the lone sheep is always an easy victim for the savage wolf, so the key is to make new friends!

Go out and meet new people at social events, be friendly and genuinely keen to connect with them, and you’ll soon have your own circle of close friends to rely on.


6. Get familiar with the culture! Do not be an alien spawn.

The greatest social faux pas would be a total seclusion of oneself. While the initial “culture shock” can take some getting used to, there’s no reason why you shouldn’t go out and experience life overseas to the fullest.

So go pick up a new language, familiarise yourself with the colloquial slang and hang out with the locals. Before long, you’ll find yourself feeling right at home in your new surroundings.


http://sg.finance.yahoo.com/news/6-thin ... nance.html

[winston]

Chinese students are taking Amino Acid I.V. drips to help them study for their University entrance exams.

[winston]

A Generation Hobbled by the Soaring Cost of College By ANDREW MARTIN and ANDREW W. LEHREN

ADA, Ohio — Kelsey Griffith graduates on Sunday from Ohio Northern University.

To start paying off her $120,000 in student debt, she is already working two restaurant jobs and will soon give up her apartment here to live with her parents.

Her mother, who co-signed on the loans, is taking out a life insurance policy on her daughter.

http://www.nytimes.com/2012/05/13/busin ... ef=general

[winston]

19 Things That All High School Students Should Be Told Before They Go To College

http://www.yolohub.com/featured/19-thin ... to-college

[winston]

Definition of Education By Mike Swindlehurst

Education is what is left after you have forgotten all that you have been taught.

[winston]

Real reason behind Singapore’s obsession with tuition

Singapore's obsession with tuition reveals deeper issues we face as a society — issues that go far beyond the pursuit …


By Daniel Wong

Singapore is a tuition nation.

Previous reports from the Department of Statistics show that households spent $820 million a year on both centre and home-based private tuition.

In addition, the number of tuition centres has increased five times over the past decade. There are now more than 500 centres in Singapore.

In comparison, there are fewer than 400 primary and secondary schools in total.

http://sg.news.yahoo.com/blogs/singapor ... 23408.html

[winston]

The Strangest School in the World

Burgess Hill was a progressive boarding school in Hertfordshire, England in the 1960s.

In this one-of-a-kind British boarding school nothing was forbidden and students were “allowed to find out for themselves whether conventions are good or bad.”

In other words, plenty of cigarette smoking, mod styles, R&B dancing, abstract painting, and motorbike races.

http://www.mindbendingvideos.com/the-st ... the-world/