RSSCategory: Education

The college version of the subprime mortage mess

May 27, 2010 | By | Reply More
The college version of the subprime mortage mess

Investor Steve Eisman whose huge wager against the subprime mortgage market was described by Michael Lewis The Big Short has launched an assault on fast growing for-profit college industry. Here’s the link at Mother Jones. According to the Eisman, for-profit colleges “raked in almost one-quarter of the $89 billion in available Title IV loans and grants, despite having only 10 percent of the nation’s post-secondary students.”

Here is the main parallel between for-profit educators and the sub-prime lenders:

Eisman attributes the industry’s success to a Bush administration that stripped away regulations and increased the private sector’s access to public funds. “The government, the students, and the taxpayer bear all the risk and the for-profit industry reaps all the rewards,” Eisman said. “This is similar to the subprime mortgage sector in that the subprime originators bore far less risk than the investors in their mortgage paper.”

Here’s another similarity between subprime lending and for-profit education

Both push low-income Americans into something they can’t afford—in the schools’ case, pricey programs that leave the students heavily in debt; what’s more, the degrees they get mean little in the real world: “With billboards lining the poorest neighborhoods in America and recruiters trolling casinos and homeless shelters—and I mean that literally—the for-profits have become increasingly adept at pitching the dream of a better life and higher earnings to the most vulnerable.”

In the Mother Jones article, Eisman pointed to the self-reported (and thus potentially under-reported) 50-plus percent dropout rate at for profit colleges as further evidence that they offer poor-quality education.

After reading the above article, I referred to Wikipedia’s article one of the biggest for-profit colleges: Phoenix University, subsidiary of the publicly traded Apollo Group, Inc. It offers “open enrollment,” meaning that it requires “proof of a high-school diploma, GED, or its equivalent.” Phoenix graduates only 16% of its students, compared to the national average of 55%. On the topic of de-regulation and quality of education, consider this:

The school was the top recipient of student financial aid funds for the 2008 fiscal year, receiving nearly $2.48 billion for students enrolled. In 2006, due largely to the efforts attributed to the Apollo group, the 50-percent rule (requiring colleges and universities to conduct at least half of its instruction in person in order to receive federal aid or collect federal student loans) was modified. It no longer classifies students receiving instruction through telecommunications methods as correspondence students.

The Wikipedia article offers a lot more information to feed the fires of my suspicion. I don’t claim to know any more about Phoenix University than what I have read in these two articles. What I do bring to the table is that I investigated diploma mills as part of my job while I worked as an Assistant Attorney General for the state of Missouri; I don’t like the smell of what I’m reading about these for-profit colleges.

Based on what Michael Eisman has stated, it would seem to be a good idea for the federal government to tighten its standards for the types of post-secondary schools eligible for federal loans, and to take a much closer look at the quality of education received by the typical Phoenix University student. Is it really worthy of a federal loan guarantee?

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Saving Africa’s Witch Children

May 23, 2010 | By | 6 Replies More
Saving Africa’s Witch Children

I am often asked, “Why do you fight against religion?” Today my answer would be best expressed by this article from the New York Times.

A new documentary called “Saving Africa’s Witch Children” will be airing Wednesday May 26th on HBO2.

The documentary follows Gary Foxcroft…

…founder of the charity Stepping Stones Nigeria, as he travels the rural state of Akwa Ibom, rescuing children abused during horrific “exorcisms” — splashed with acid, buried alive, dipped in fire — or abandoned roadside, cast out of their villages because some itinerant preacher called them possessed.

One of the main subjects of the documentary is Helen Ukpabio.

At home in Nigeria, the Pentecostal preacher Helen Ukpabio draws thousands to her revival meetings. Last August, when she had herself consecrated Christendom’s first “lady apostle,” Nigerian politicians and Nollywood actors attended the ceremony. Her books and DVDs, which explain how Satan possesses children, are widely known.

So well-known, in fact, that Ms. Ukpabio’s critics say her teachings have contributed to the torture or abandonment of thousands of Nigerian children — including infants and toddlers — suspected of being witches and warlocks.

If ever there was a reason to continue to strive to undermine the authority of religion, this is it.

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It’s The Women, Stupid…redux

May 20, 2010 | By | 9 Replies More
It’s The Women, Stupid…redux

I have from time to time made the point that the entire debate over abortion and birth control and almost the whole edifice of what we call Fundamentalism in the world, in whatever religion, is all essentially over controlling women.

Here is an article which has one of the most bizarre takes on the entire issue I’ve ever seen. The central premise is early on stated in 0ne sentence that defines all of this nonsense, in whatever creed you care to name.

“Sexual relationships, while enacted privately, are public property.”

The twists in logic, never mind rationality, are among the most byzantine I’ve ever encountered. What is more, the writer doesn’t seem to understand that this “philosophy” reduces children to little more than marks on a scorecard. The exhibition of marital health and fidelity is all that is important. The attempt to limit family size and indulge private acts privately for private purposes is reduced to an attempt to deceive the community, pure and simple.

But ultimately, as in all other instances of this kind of obscene interference with the personal, it is the women who bear the costs, the burdens, and the responsibility.

I suppose the next step would be to devise a kind of tracking bracelet for the penis and vagina so someone somewhere can determine when either is being used and where.

I have no answer for this kind of inanity (or insanity). The fact that this makes sense to some people disturbs me no end, because it means that some people cannot see past the end of their own prurience. Yes, I said prurience, because to come up with this kind of thing, rather than demonstrating a balanced healthy appreciation for sex, shows an obsession with it that can only be described as prurient.

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A Graphical History of the Vaccine Brouhaha

May 20, 2010 | By | Reply More
A Graphical History of the Vaccine Brouhaha

I got this Stumble from our own Hank over on FaceBook. A concise and accurate look at the origins of the currently imagined link between autism and vaccines. The Facts In The Case Of Dr. Andrew Wakefield

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What’s In A Label?

May 19, 2010 | By | 5 Replies More
What’s In A Label?

Conservative.

Liberal.

We act as if we know what these labels mean. Conservatives are traditionalists, fiscally opposed to anything that smacks of gambling, private, often religious, and pedantic on what they consider “appropriate” in either government or personal conduct.

Liberals, on the other hand, are often taken for progressive, willing to spend social capital to repair perceived problems, tolerant, agnostic if not atheist, and overly-concerned with a definition of justice that ought to be all-encompassing rather than what they perceive as sinecure for the privileged.

Well. Over on Facebook I posted a brief quote (my own) to boil down the actual underlying distinctions.

Conservatives are those who don’t like what other people are doing, Liberals are those who don’t like what other people are doing to other people.

It was meant to be taken as humorous. But I’m not being entirely flip here. When you look at it, and try to define the common factor in much that passes for conservative posteuring—of any country, any background, anywhere—it always comes down to one group trying to stop another group from Doing Things We Don’t Approve.

I heard a news report this morning (on NPR—I unabashedly don’t pay attention to any other news source, I find them all utterly biased) from Pakistan about the university scene there, and one bit caught my attention—at a campus in Punjabi, conservative students who find men and women sitting too close together interfere and move them apart. At a game of Truth or Dare, conservative students pulled participants out and beat them.

How does this apply here? Well, here’s a clip from P.Z. Meyers’ Pharyngula to illustrate:
Rising Sun School in Maryland has the standard default take-it-for-granted attitude that Christianity is just fine — there’s the usual well-funded and usually teacher-promoted evangelical groups, like the Fellowship of Christian Athletes — and when one student tried to form a club for non-religious students…well, you can guess what happened.

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Overdosing on homeopathic drugs?

May 17, 2010 | By | 2 Replies More
Overdosing on homeopathic drugs?

I recently ran across this 2009 article about a young woman who apparently tried to overdose on a homeopathic drug called “Traumeel.” I’m not trying to make light of a sad situation, but only to use this example to illustrate the widespread ignorance regarding homeopathy.

A good description of homeopathy was given by James Randi in his 2001 talk at Princeton:

Note the math lesson beginning at the five minute mark. Homeopaths argue that the more dilute a solution is, the more powerful it is. At the 7:30 mark, Randi explains that a “30X” solution is so dilute that it reaches the “number of no return.” “30X” is so dilute that it is the equivalent of placing 15 drops of water in a container more than 50 times the size of the Earth. Other homeopathic solutions are available in 1,500x solutions. How dilute is that? It’s the equivalent of (12:00) smashing one grain of rice into a sphere of water the diameter of the solar system, shaking it up, and then further diluting that same solution 2 billion more times in an equivalent sized sphere.

To bring the matter full circle, at the ten-minute Randi explains how he ate two entire packages of a popular homeopathic sleeping pill (sold at nationwide pharmacies) without overdosing. Believe it or not, the active ingredient was caffeine.

At 13:30, Randi characterizes the people who sell these “medicines” “swindlers, liars, cheats, frauds, fakes, criminals.”

For more on homeopathy, now used by five million people world-wide, consider the many statistics in my earlier post and consider viewing this video by Richard Dawkins. At the 3-minute mark, Dawkins wryly notes that if water really had “memory” of the ingredients it formerly contained (as fans of homeopathy contend), what should we make of the fact that “in each glass of water we drink, at least one molecule has passed through the bladder of Oliver Cromwell.” At the 5-minute mark, when discussing whether homeopathy theory is plausible, the Director of a brand new English hospital (who actually was trained as a rheumatologist) unleashes this whopper of a quote: “The fact is that I couldn’t stop what I do even if I wanted to. My patients wouldn’t let me. They say it helps.”

BTW, check out the not-so-impressive medical research by the manufacturer of Traumeel. The manufacturer’s recipe of a British narrator uttering big scientific words is featured in this video, and it is doubtless irresistible to many potential purchasers. Here’s a bit of much needed skepticism regarding Traumeel.

Whatever you do, don’t utter the word “placebo” to anyone who pays big money for these “medicines.”

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How to Keep Up with the Denialists

May 14, 2010 | By | 2 Replies More
How to Keep Up with the Denialists

Pharyngula linked over to this YouTube channel dedicated to debunking each piece of Climate Denialism as it comes up. Here’s a sample:

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Bobby McFerrin illustrates the simple beauty of the pentatonic scale

May 8, 2010 | By | Reply More
Bobby McFerrin illustrates the simple beauty of the pentatonic scale

This is fun–actually delightful. Bobby McFerrin plays the audience, and they produce a pentatonic baseline for McFerrin’s improvising.

World Science Festival 2009: Bobby McFerrin Demonstrates the Power of the Pentatonic Scale from World Science Festival on Vimeo.

For more of McFerrin’s magic, watch the video below:

World Science Festival 2009: Notes & Neurons, Part 1 of 5 from World Science Festival on Vimeo.

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Peabody Coal Company argues that coal is “green coal” and “clean coal”

May 8, 2010 | By | 4 Replies More
Peabody Coal Company argues that coal is “green coal” and “clean coal”

A few months ago one of my neighbors, a proudly conservative man, saw me carrying a package of high-efficiency light bulbs into my house. He gave me a disappointed look loudly said: “Buy some real light bulbs, Erich.” This neighbor has repeatedly made it known that that liberal concerns and proposals regarding energy are unnecessary because there is plenty of oil and coal, and we should make it our national priority to keep digging and burning these resources.

I know that my Republican neighbor is not the only “conservative” in the U.S. willing to scoff at conservation. I previously argued that this anti-energy-efficiency climate–science-denial attitude like my neighbor’s outlook has become a badge of group membership among conservatives. It has become a salient display that one believes, above all, in the alleged power and wisdom of the “Free Market,” an unsubstantiated leap of faith so incredibly bold that I once termed it the Fourth Person of the Holy Trinity (and see here and here). These free-market fundamentalists are contemptuous at well-informed suggestions for using energy resources more efficiently and for reducing our reliance on dirty and dangerous fossil fuels. Many of them consider national policy aimed at energy conservation to be totally unnecessary and ridiculously expensive. Proposals that we should be smarter consumers of energy annoy and anger them and they offer no evidence-based alternatives for peak oil (and see here and here and here ). They refuse to consider the damage being done to our environment, our health and our budget (especially our military budget) as a result of our reliance on fossil fuels .

My neighbor displays a startling lack of curiosity regarding the ramifications for continuing to attempt to drill and dig our way to energy independence. This same attitude is found in many conservative politicians, the most prominent being Sarah Palin. Based on an extraordinary video of a recent debate at Washington University in Saint Louis, this same attitude is also embraced by of the executives at the largest private coal company in the United States, Peabody Coal Company.

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