Showing posts with label Public Education. Show all posts
Showing posts with label Public Education. Show all posts

Friday, September 28, 2012

First Official Three-Year Student Loan Default Rates Published

The U.S. Department of Education today released official FY 2010 two-year and official FY 2009 three-year federal student loan cohort default rates. This is the first time the Department has issued an official three-year rate, which was 13.4 percent nationally for the FY 2009 cohort, a slight decrease from the trial three-year rate of 13.8 percent for the FY 2008 cohort. For-profit institutions had the highest average three-year default rates at 22.7 percent, with public institutions following at 11 percent and private non-profit institutions at 7.5 percent.

More: http://bigeducationape.blogspot.com/2012/09/first-official-three-year-student-loan.html

Saturday, September 22, 2012

Public "Education" has Become Indoctrination and Distraction


People are not being educated they're being tested for levels of obedience. School is about memorizing what you are told short term and repeating it. The bulk of how you are graded is by completely daily busy work. This is for the work force the most important quality in a worker bee actually is obedience.

Public "Education" has become indoctrination and distraction - YouTube

The True Cost of Public Education


What is the true cost of public education? According to a new study by the Cato Institute, some of the nation's largest public school districts are underreporting the true cost of government-run education programs.

http://www.cato.org/pub_display.php?pub_id=11432

Cato Education Analyst Adam B. Schaeffer explains that the nations five largest metro areas and the District of Columbia are blurring the numbers on education costs. On average, per-pupil spending in these areas is 44 percent higher than officially reported. Districts on average spent nearly $18,000 per student and yet claimed to spend just $12,500 last year.

It is impossible to have a public debate about education policy if public schools can't be straight forward about their spending.

The True Cost of Public Education - YouTube

Thursday, August 30, 2012

Education Spending Doesn't Deliver

When a presidential candidate decries education cuts he's probably not serious about education. He's serious about winning elections.

The Obama campaign didn't waste time before attacking Rep. Paul Ryan, R-Wisc., on education, stating in its response to Ryan's being named Mitt Romney's running mate that Ryan proposed "deep cuts in education from Head Start to college aid." The campaign hit education even before Medicare, illustrating just how much they must think voters will recoil at any diminution of education spending.

"But hold on," you're thinking, "isn't education vital? And if so, shouldn't we invest as much as possible?"  

Those are reasonable questions for people with jobs, families, and not a whole lot of time to research education policy. After all, with most things, if you pay more you get something better.

But President Obama employs lots of people who assess education policy, and he must know what the statistics reveal: Washington spends huge amounts in the name of education but gets almost no educational improvement in return.

Begin with Head Start, a nearly $8 billion program that's politically untouchable, not only because it deals with education, but it's for preschool kids. It's almost tailor-made for demagoguery, with anyone who'd dare trim — much less eliminate — the program practically begging to be declared a rotten so-and-so who hates even the littlest of children.

But the fact is there's no meaningful evidence the program does any good. In fact, the most recent federal evaluation found that Head Start produces almost no lasting cognitive benefits, and its few lasting social-emotional effects include negative ones. Only the people employed by Head Start money — and the politicians who appear to "care" — are really benefiting.

This is repeated in elementary and secondary education, only with a bigger bill. In 2011 Washington spent almost $79 billion on K-12 education, and the latest federal data show inflation-adjusted federal outlays per pupil ballooning from $446 in 1970-71 to $1,185 in 2008-09. Meanwhile, scores for 17-year-olds on the National Assessment of Educational Progress — the "Nation's Report Card" — have been stagnant.

Oodles "invested," no return.

Lastly there's higher education. Once again, someone who hasn't had much time to study policy might reasonably think the key to improving and expanding higher education would be for the federal government to spend more on it. But again, reality differs: federal aid fuels tuition inflation and encourages massive waste.

The connection between aid and prices is somewhat intuitive if you think about it. Basically, if you give people $100 more to buy something, sellers will raise their prices $100. The buyers are no worse off, the sellers are better off, and the only losers are the people who furnished the money. With college aid, we call these losers "taxpayers."

Of course there's more to college pricing than aid, but the effect remains.

Studies have found that private colleges raise their prices a dollar for every extra buck students get in Pell Grants, and schools often reduce their own aid when government assistance rises.

Then there are the dismal outcomes that go with giving away college money.

First, only about 58 percent of first-time, full-time students finish a four-year degree within six years at the school where they started, and most who don't finish by then likely never will.

Next, a third of people with bachelor's degrees are in jobs that don't require them.

Finally, the National Assessment of Adult Literacy suggests serious watering down of a college degree. In 1992 about 40 percent of adults whose highest degree was a bachelor's were proficient in reading prose. In 2003 — the only other year the NAAL was administered — only 31 percent were. Among people with advanced degrees, prose proficiency dropped from 51 percent to 41 percent.

Again, spending hasn't translated into better education.

To someone who doesn't know about these sorry results spending federal money on education probably seems rational. But President Obama must know the facts, which means when he decries cuts in education spending, it can't be about what's educationally best. It must be about what's politically best for him.


Education Spending Doesn't Deliver | Neal McCluskey | Cato Institute

Wednesday, August 29, 2012

The Impact of Charter Schools on Public and Private School Enrollments

Charter schools are publicly funded schools that have considerable independence from public school districts in their curriculum development and staffing decisions, and their enrollments have increased substantially over the past two decades.
Charter schools are changing public and private school enrollment patterns across the United States. This study analyzes district-level enrollment patterns for all states with charter schools, isolating how charter schools affect traditional public and private school enrollments after controlling for changes for the socioeconomic, demographic, and economic conditions in each district.
While most students are drawn from traditional public schools, charter schools are pulling large numbers of students from the private education market and present a potentially devastating impact on the private education market, as well as a serious increase in the financial burden on taxpayers.
Private school enrollments are much more sensitive to charters in urban districts than in non-urban districts. Overall, about 8 percent of charter elementary students and 11 percent of middle and high school students are drawn from private schools. In highly urban districts, private schools contribute 32, 23, and 15 percent of charter elementary, middle, and high school enrollments, respectively. Catholic schools seem particularly vulnerable, especially for elementary students in large metropolitan areas.
The flow of private-school students into charters has important fiscal implications for districts and states. When charters draw students from private schools, demands for tax revenue increase. If governments increase educational spending, tax revenues must be increased or spending in other areas reduced, or else districts may face pressures to reduce educational services. The shift of students from private to public schools represents a significant shift in the financial burdens for education from the private to the public sector.


Download the PDF of Policy Analysis no. 707 (1 MB)

The Impact of Charter Schools on Public and Private School Enrollments | Richard Buddin | Cato Institute: Policy Analysis

The Charter School Paradox

Is it possible for charter schools to increase educational options and diversity in the public school system but decrease it overall; to spend less money than regular public schools but cost taxpayers more overall; and to outperform regular public schools but decrease achievement overall?

Unfortunately, it is possible, and this mix of intended and unintended outcomes is the "Charter School Paradox." But it is only a paradox if we take a narrow view of charter school effects. Rigorous new research concludes that public charter schools are seriously damaging the private education market, adding to the taxpayer burden, and undermining private options for families and healthy competition in the education sector.

Fortunately, we have a solution in education tax credits . . .

Take a look at the full paper by Richard Buddin, my short companion piece, and our brief video on the findings and implications of this path-breaking new research.

The Charter School Paradox is a post from Cato @ Liberty - Cato Institute Blog


Original Page: http://feeds.cato.org/~r/Cato-at-liberty/~3/ncO39-vJNaY/