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The Lure of Taxable Debt

The Lure of Taxable Debt
Some universities have started forgoing their ability to issue tax-exempt bonds, long considered a benefit of their nonprofit status. Issuing taxable bonds instead makes sense under market conditions that defy conventional wisdom and allows institutions to avoid additional regulations on tax-exempt bonds, according to ... Read more

“No Excuses” in New Orleans

“No Excuses” in New Orleans
This fall, less than a decade after its post-Katrina, “grand experiment in urban education” began, New Orleans will become the first city in the country with an all-charter school district. The traditional school district has been effectively supplanted by the state-level Recovery School District, originally presented ... Read more

How to Pay for a Free, Non-Racist Higher Education

How to Pay for a Free, Non-Racist Higher Education
Corinthian Colleges is going out of business, and other for-profit rip-offs will follow. However, “The very existence of Corinthian, Phoenix, Ashford and the other gangster institutions proves beyond doubt that the vast bulk of the existing U.S. educational establishment is not serving” Black ... Read more

Borrowing Against the Future

Borrowing Against the Future
America’s higher education system is gaining a reputation for high costs and large inequities. In 2012, the U.S. spent $491 billion on higher education1 and twice2 as much per student than comparable industrialized countries. Where is all that money going? Scholars have offered several explanations for these high ... Read more

Privatized Education Steals From the Poor, Gives to the Rich

Privatized Education Steals From the Poor, Gives to the Rich
Free-market capitalists view education in terms of products and profits. The products, to them, are our children. The profits go to savvy businesspeople who use a "freedom to choose" rallying cry to convince parents that they're somehow being cheated by an equal-opportunity public ... Read more

Scathing Report Finds School Privatization Hurts Poor Kids

Scathing Report Finds School Privatization Hurts Poor Kids
The Economic Policy Institute asked Lafer to analyze the effects of privatization on the children these schools serve. The results are not pretty. A popular chain of charter schools called Rocketship, which originated in California and has spread to Wisconsin, with the enthusiastic ... Read more

The education-wage disparity continues to grow

The education-wage disparity continues to grow
The jobless rate of Americans ages 25 to 34 who have only completed high school grew 4.3 percentage points to 10.6 percent in 2013 from 2007, according to Bureau of Labor Statistics data. Unemployment for those in that age group with a college degree rose 1.5 percentage points to 3.7 percent in ... Read more