Higher Education News

No One Wants to Be Your Dean. Here’s How You Might Fix That.

Chronicle of Higher Education - April 22, 2018 - 4:30pm
Fill the pipeline and get talented prospects ready by adopting these strategies.
Categories: Higher Education News

8 Tips to Help New Deans Get Off to a Good Start

Chronicle of Higher Education - April 22, 2018 - 4:30pm
Longtime leaders offer some advice.
Categories: Higher Education News

Meet the Professor Who’s Warning the World About Facebook and Google

Chronicle of Higher Education - April 22, 2018 - 4:30pm
Zeynep Tufekci describes how she tries to fit teaching, tweeting, op-eds, and TED talks into a 24-hour day.
Categories: Higher Education News

Selected New Books on Higher Education

Chronicle of Higher Education - April 22, 2018 - 4:30pm
Among the latest topics are the broadened scope of the Title IX gender-equity law and how state universities teach writing.
Categories: Higher Education News

What I'm Reading: ‘Leadership in the Crucible of Work’

Chronicle of Higher Education - April 22, 2018 - 4:30pm
An inward journey can help higher-education leaders withstand job pressures and support students, says a book that inspired a community-college dean.
Categories: Higher Education News

Syracuse Reels as Second Offensive Video Is Published of Now-Expelled Fraternity

Chronicle of Higher Education - April 22, 2018 - 1:52pm
The new video shows members pretending to sexually assault a disabled person. The university's chancellor, Kent Syverud, said the university would conduct a "top to bottom" review of its Greek system.
Categories: Higher Education News

How Can Sweet Briar Survive?

Chronicle of Higher Education - April 20, 2018 - 3:03pm
Meredith Woo, president of Sweet Briar College, talks about what it will take for the Virginia institution to survive and grow just a few years after it nearly shut down.
Categories: Higher Education News

Wisconsin Won’t Remove Names of KKK Affiliates From Buildings. It Will Build a $1-Million Museum Instead.

Chronicle of Higher Education - April 20, 2018 - 1:34pm
The Madison campus must confront a history “in which exclusion and indignity were routine, sanctioned in the institution’s daily life, and unchallenged by its leaders,” a new report concludes.
Categories: Higher Education News

Transitions

Chronicle of Higher Education - April 20, 2018 - 2:29am
The former lieutenant governor of Colorado will be the next president of the Colorado Community College System; 115 of the new Guggenheim fellows work in higher education.
Categories: Higher Education News

How Low Can a Tenured Professor Go on Twitter? Fresno Case Could Be a Test

Chronicle of Higher Education - April 19, 2018 - 6:02pm
Randa Jarrar’s inflammatory tweets about Barbara Bush may be protected speech, but when she invoked her university and its president, some say she crossed a line.
Categories: Higher Education News

One Major Sports Scandal Can Tank a University’s Applications

Chronicle of Higher Education - April 19, 2018 - 4:13pm
A new data analysis finds that the ramifications of athletic scandals are typically wide-reaching, affecting both the quantity and quality of applications and enrollment.  
Categories: Higher Education News

How to Turn Your Exams Into Learning Opportunities

Chronicle of Higher Education - April 19, 2018 - 9:18am
Professors often lament that students’ concerns about grades can overshadow their capacity to learn from an exam. What if there was a better way?
Categories: Higher Education News

Syracuse Suspends Fraternity After Video Surfaces of Member Taking Racist Oath

Chronicle of Higher Education - April 19, 2018 - 8:19am
Kent Syverud, the university's chancellor, called the video of students using racial and anti-Semitic slurs "extremely troubling and disturbing." 
Categories: Higher Education News

An Editor Uses His Journal’s Website to Deny Sexual Misconduct Claims. Scholars Revolt.

Chronicle of Higher Education - April 18, 2018 - 6:51pm
Some members of the Midwest Political Science Association say they are leaving the group over its handling of allegations against William G. Jacoby.
Categories: Higher Education News

High School Students Take a Unique Approach to Financial Education

U.S. Department of Education Blog | Ed.gov - April 18, 2018 - 2:15pm

April is Financial Capability Month. To help mark this occasion, two students offer their perspectives on their very different experiences in obtaining financial education.

 

Samuel Gelb

Growing up, I’ve been fortunate enough to have a father who has educated me on fundamental financial principles. In my house, terms like P/E ratios, EBITDA, ROI and diversification are a part of our regular vocabulary.

From selling lemonade as a young child to buying my first stocks at age twelve, business, entrepreneurship and finance have always been a part of my life. Seeking to expand my love of investing to others, I co-founded an investment club at my school called “The Blake Asset Management Group” in an attempt to give my peers and me a chance to test our investment acumen in a real-world setting.

While I expected our club’s first meeting to revolve around potential investment ideas, I was surprised to see that most of those in attendance actually knew little about stocks, and even fewer knew how to analyze a stock at the most rudimentary level. Most surprising was the number of students who lacked an understanding of broader and more important general financial literacy concepts like interest, diversification, and the importance of saving.

Recognizing that it would be difficult to run a club where few members possessed the necessary knowledge to invest, the leadership team and I restructured our club’s focus. We decided to measure our success not by the investment profits we generated but rather by the number of students we educated. Consequently, I designed and created a financial literacy course and made it available to all students at my high school.

The initiative, which was taught through the club, was a major success. Due to strong demand, what was initially intended to be a 5-week course turned into a 12-week class with interactive lesson plans and guest speakers. Students gained a thorough knowledge of basic financial concepts.

We began the course by educating our peers about general financial literacy concepts: compound interest and the importance of saving were the two most prevalent concepts we examined. After students understood the importance of investing as it pertains to wealth accumulation, we redirected our focus toward actual equity analysis.

Slowly but steadily, the members of the club learned how to evaluate companies and build a safe portfolio conducive to growth. For many of our students, the thought of investing in real companies before their eighteenth birthday seemed like wishful thinking. Our club, however, turned this aspiration into a reality.

While the Blake Asset Management Group has been fortunate enough to actually buy more than ten different stocks and make a substantial investment profit, real money is not required. There are plenty of resources everywhere, such as online investment simulations, that accomplish the task just as well.

Ultimately, the real return on investment comes from turning students into financially literate young adults. Though the undertaking of such an initiative is difficult and time-consuming, it provides these students with skills and knowledge that will benefit them and their families for the rest of their lives. It is incredibly rewarding to improve people’s lives by increasing their financial prospects through education.

 

Sam Gelb is co-founder and co-president of investment club at his school, The Blake Asset Management Group (BAMG) 2016 – 2018.

Timo Hemphill

Through my childhood and early teens I was never taught about investment concepts or financial literacy. I had little to no exposure to these topics; at the time, I was barely familiar with the concept of a share of a company. Not until the summer between my freshmen and sophomore years did I begin to develop a devoted interest in finance and economics; I began to realize the paramount importance of learning to be financially independent and literate.

At the beginning of my sophomore year, I joined the school’s investment club, The Blake Asset Management Group. Shortly thereafter, I took a genuine interest in what the club had to teach.

In fact, I became so immersed in the topics that I began to supplement the club’s investment, finance and economics instruction by exploring various online resources in my free time. I gradually progressed from understanding basic financial concepts to acquiring the more nuanced knowledge required to analyze individual stocks. Eventually, I gained enough knowledge to not only set up my own brokerage account to begin investing money from my summer job but I also possessed the level of knowledge required to become The Blake Asset Management Group’s next president.

My progression from being completely ignorant to becoming knowledgeable enough to become the next president of my school’s investment club demonstrates that becoming financially literate is not impossible. While it may not be easy, anyone, no matter their background and their current knowledge, can become learned in the areas of finance and economics. Whether or not I end up pursuing a career in finance remains uncertain, but I rest assured knowing the knowledge I have gained and the skills I have developed will be beneficial to my financial well-being, regardless of which career path I may choose.

In the coming years, as I transition into my role as president of the group, I hope to use The Blake Asset Management Group as a vehicle for financial education. I will strive to encourage and inspire members to truly become interested in finance, economics and investing. Most importantly, I will continue to work toward making this goal resonate beyond the walls of my high school by continuing to highlight the positive effects that such a program can have on students.

Financial literacy is of the utmost importance and being financially literate is invaluable. I strongly encourage everyone to become financially literate. Regardless of whether you use online resources, join a school club or find another way to learn, the benefits are immeasurable.

My journey to financial literacy taught me to be a creative and independent thinker, an inspired and driven person and a person who is prepared for the financial responsibilities of adulthood. I hope to continue my work as a member of The Blake Asset Management Group by inspiring and teaching others. I hope to show others that becoming financially literate is truly for everyone, no matter who you are.

 

Timo Hemphill is the president of The Blake Asset Management Group (BAMG) for the 2018 – 2020 term.

The post High School Students Take a Unique Approach to Financial Education appeared first on ED.gov Blog.

Categories: Higher Education News

Professor’s Tweet That Barbara Bush Was an ‘Amazing Racist’ Ignites a Fury

Chronicle of Higher Education - April 18, 2018 - 12:19pm
Facing a flood of complaints, Fresno State’s president offered condolences to the family of the former first lady and stressed that the faculty member represented herself, not the university.
Categories: Higher Education News

U. of Maryland Removes 'Misogynistic' Guidelines for TAs

Chronicle of Higher Education - April 18, 2018 - 9:57am
A handbook for teaching assistants in the computer-science department said female students would try to “capitalize on the male-female dynamic” to get good grades.
Categories: Higher Education News

When Racism Roils a Campus, Colleges Respond. Will Students Be Satisfied?

Chronicle of Higher Education - April 17, 2018 - 4:09pm
New research finds that students are most likely to be happy with an institution’s response to a racist incident if they perceive the student body to be racially diverse.
Categories: Higher Education News

After Hurricanes, USVI Residents Choose Hope

U.S. Department of Education Blog | Ed.gov - April 17, 2018 - 1:48pm

After three devastating hurricanes struck the Caribbean, the Department of Education undertook a series of actions to support the U.S. Virgin Islands through their recovery process. As part of that effort, ED staff committed to travelling to the Islands to provide resources, assistance, and expertise.

In November, as the ED team began their descent into the Cyril E. King Airport in St. Thomas, U.S. Virgin Islands, the large-scale devastation left by Hurricanes Irma, Jose, and Maria became alarmingly clear. Once lushly green, the landscape had turned muddy and brown. Roads were washed out entirely; buildings were roofless or pushed off their foundations; parts of the islands were left in total darkness. Businesses — the lifeblood of an economy so reliant on tourism — were shuttered.

The team, which included Iyauta Green (Risk Management Service), Joy Medley (Office of School Support and Rural Programs), and Mark Robinson (Risk Management Service), then began a five day trip to assess the damage that the storms had left behind.

They also spoke with administrators — including private school headmasters — teachers, students, and staff at the Virgin Islands Department of Education (VIDE) administration, including Commissioner Sharon McCollum. From them, ED staff learned about the many needs facing the Islands and their students.

The storms hadn’t just created immediate, physical interruptions. They’d also halted progress toward a larger priority for the USVI: to diversify the workforce. Dr. McCollum had long wanted to keep the local economy competitive, and was concerned about students leaving the island — and taking their skills and talents with them. Instead, post-hurricanes, nearly 10 percent of students had left the USVI to continue, or finish, their education.

And students still on the Islands were required to adapt to a “new normal.” Many school buildings were either closed or operating on split schedules. At Ulla Muller Elementary School on St. Thomas, children ate FEMA packets instead of hot lunches.

Read more about the ED team’s visits to the U.S. Virgin Islands at Medium…

 

The post After Hurricanes, USVI Residents Choose Hope appeared first on ED.gov Blog.

Categories: Higher Education News

Student Journalists, We Want to Help You Cover Your Colleges

Chronicle of Higher Education - April 17, 2018 - 12:30pm
Student reporters are typically the best positioned to tell the important stories about their institutions, but they often lack the knowledge and resources to do so. That’s where The Chronicle’s Fall Reporting Workshop comes in.
Categories: Higher Education News

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