Posts tagged with: education

Don’t miss out on your chance to apply for a scholarship for the spring 2013 semester!

If you or someone you know would like to be considered for a Calihan Academic Fellowship, the deadline to submit application materials is Monday, October 15. Eligible candidates include graduate students or seminarians pursuing fields such as theology, philosophy, economics, or related themes promoted by the Acton Institute. Visit the Calihan Academic Fellowship page on Acton’s website for more detailed information on eligibility and the application process. Contact Michelle at mhornak@acton.org with any scholarship-related questions.

Blog author: mhornak
Wednesday, October 10, 2012
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In case you haven’t already heard the rumor, allow me to fill you in: AU Online has an awesome, newly revamped website and digital learning platform. AU Online is designed to make the resources and tools of a typical Acton conference available through a university-level, online environment. The AU Online team hopes the new features and functions will make this program your go-to destination for the integration of faithful intentions and sound economic reason.

To kick off the 2012-2013 schedule of online courses, Acton’s director of research, Dr. Samuel Gregg, will present a four-part lecture series, Freedom and Virtue in the Developed World. The first live, online session is scheduled for 6:30pm EDT on October 23.

If you haven’t done so, we encourage you to visit the AU Online website to see for yourself what all of the hype is about! If you have any questions, please contact the AU Online team by email at auonline@acton.org.

On an unrelated note, registration for the 2013 Acton University conference opens November 15! Be sure not to miss out on your chance to apply.

At the height of the housing crisis, it was estimated that 11 million homes in America were mortgaged for more than they were worth. That debt crisis may soon be dwarfed—if it hasn’t been already—by the student loan debt problem:

With college enrollment growing, student debt has stretched to a record number of U.S. households — nearly 1 in 5 — with the biggest burdens falling on the young and poor.

The analysis by the Pew Research Center found that 22.4 million households, or 19 percent, had college debt in 2010. That is double the share in 1989, and up from 15 percent in 2007, just prior to the recession — representing the biggest three-year increase in student debt in more than two decades.

Unlike an negative equity mortgage, student load debt is not dischargeable in a bankruptcy. It’s also non-transferable—the college degree that was “bought” with the debt cannot be sold or traded. That makes degrees that are not “marketable” or that were acquired for reasons of personal growth an expensive luxury good.

Obviously many people (including me, with some qualifications) believe that the value of obtaining a liberal education is worth taking on debt. But what about graduates who will receive neither a life-broadening education nor a vocationally useful skill-set from getting a college degree? Should we continue to encourage them to take on debt to pay for higher education?

In a recent New York Times article (here), Ted C. Fishman offers and in-depth feature on the Kalamazoo Promise:

Back in November 2005, when this year’s graduates were in sixth grade, the superintendent of Kalamazoo’s public schools, Janice M. Brown, shocked the community by announcing that unnamed donors were pledging to pay the tuition at Michigan’s public colleges, universities and community colleges for every student who graduated from the district’s high schools. All of a sudden, students who had little hope of higher education saw college in their future. Called the Kalamazoo Promise, the program — blind to family income levels, to pupils’ grades and even to disciplinary and criminal records — would be the most inclusive, most generous scholarship program in America.

Since 2005, all graduates from Kalamazoo public schools who have attended since they were freshmen have been eligible for a scholarship program that sends them to college while they (and our government, for that matter) incur little to no debt at all. Given our country’s looming higher ed bubble, this fact alone makes the Promise a significant achievement. However, Fishman’s article highlights many social gains and lessons worth highlighting here as well. (more…)

The deadline to apply for a scholarship through the Calihan Academic Fellowship program is one month away!

If you or anyone you know are looking for financial aid opportunities for next semester, I invite you to visit the Calihan Academic Fellowship page on Acton’s website for details about this competitive scholarship program. This page is where you can: download the application form and obtain additional information about eligibility, conditions, the selection process, application requirements, and deadlines. To qualify for the upcoming deadline for the 2013 Spring Term, all application materials must be postmarked by October 15.

Blog author: jballor
Wednesday, September 19, 2012
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Tyler Cowen fielded an interesting topic on his blog last week, focusing on economists who are (or were) clergy.

There’s an interesting list, including notables like the Salamancans, Paul Heyne, and Heinrich Pesch. I didn’t realize that Kirzner is a rabbi. Malthus is named first, but as the initial comment on Cowen’s post notes, anytime you mention Malthus you should mention Anders Chydenius in the following breath.

How about Edmund Opitz of the Foundation for Economic Education, or even Rodger Charles, S.J., or James Schall? It depends largely on how narrowly you define being an “economist,” of course, as the inclusion of the Salamancan theologians indicates. Being a moral theologian who focuses on ethics and economics might not be enough to qualify. Does being a political philosopher/political economist count? But certainly A. M. C. Waterman should be noted.

And of course it also depends on how narrowly you define “clergy.” As Asher Meir notes in the post, how about non-ordained academic theologians, or economists with theological training (or theologians with economic training)? Then the list would start to get very long, indeed.

Any other names come to mind?

Blog author: jcarter
Monday, September 17, 2012
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Biola University has recently launched Open Biola, an extensive online collection of free educational content created and curated by the school.

The program already includes a large offering of resources on business and economics, including a lecture by Acton’s Director of Programs and International, Stephen Grabill.

In the lecture, Grabill discusses the biblical basis of the word “economics” and its relation to responsible stewardship of time, family, and resources.

Blog author: dpahman
Tuesday, August 14, 2012
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I have written on several recent occasions about the role of incentives in education, both for teachers and for students (see here, here, and here). Yesterday, David Burkus, editor of LDRLB, wrote about a recent study by Harvard University economic researchers on the role of incentives in teacher performance. Interestingly, they found that incentives (such as bonus pay) are far more effective if given up front with the caution that they will need to be returned if the teacher’s performance is not up to par. When teachers regarded the bonuses as already their property, they fought far more effectively to protect them.

Burkus writes,

A total of 150 teachers were randomized into several groups, including a control group, a traditional pay-for-performance group, and another group given a $4,000 bonus up front and told it would be reduced in relation to their students’ performance. The results were as impressive as they were surprising. On average, the students taught by the upfront bonus group outperformed students with similar backgrounds by up to 10 percentage points.

One possible explanation for this effect is “loss aversion.” Simply put, we’re more motivated to protect assets that we already have than to attempt to gain more assets. Once we are given an object or sum of money, we begin to build psychological connections to it, picturing the ways we’ll enjoy owning it or remembering fondly the ways we’ve used it. Perhaps what was missing from the incentives equation was the subtle push provided by the thought of loss.

Read more . . .

Last week, I commented on Grand Rapids Public Schools’ new attendance policy and Michigan’s tenure reform bill. To summarize, while applauding GR Public’s new policy as effectively incentivizing students to show up to class and take their studies more seriously, I was skeptical about MI’s new bill which ties teacher evaluations to student performance. In their article “Can Teacher Evaluation Improve Teaching” in the most recent issue of EducationNext, Eric S. Taylor and John H. Tyler share the results of their study of the unique teacher evaluation system of Cincinnati Public Schools. (more…)

In yesterday’s Grand Rapids Press (and appearing at mlive.com on Monday), Monica Scott reports on the tenure reform bill signed by Michigan Gov. Rick Snyder last year and set to take effect in the 2013-2014 school year:

Last year, Gov. Rick Snyder signed a tenure reform bill that completely overhauled teacher performance evaluations, tying teachers’ grades to student achievement. But teachers and union leaders locally and across the state have said they think it’s unfair to be held accountable for the performance of students who don’t show up to class.

In response, the Grand Rapids school board policy committee discussed enacting an attendance policy comparable to other districts in the county. Scott notes that, according to Ron Gorman, executive director of high schools for Grand Rapids schools, “school districts around Kent County include a set number of absences students cannot exceed, but Grand Rapids does not include a specific number, rather the district has procedures for addressing absences.” Instead, the “committee discussed a policy that states students can only have a total of 12 absences per semester and if students are 15 or more minutes tardy for class, it would be viewed as an absence.”

As a graduate of a Kent county district that had a comparable attendance policy, I was a little surprised to learn that GR Public did not. This is certainly an improvement. Indeed, with their new policy, it sounds like it will be a large step in a good direction: (more…)