Essays

Why Did Some Schools Reopen Faster During the Pandemic than Others?

I just looooove when non-educators argue with me about education policy. It’s amazing that somebody who watched a 5-minute editorial segment on cable TV thinks they know enough about education in a pandemic to lecture someone who has spent over 200 days teaching during a pandemic. Today’s argument: that schools that “closed” (stayed online) should not have received any federal government funding this year. Let’s break this down.

Continue reading “Why Did Some Schools Reopen Faster During the Pandemic than Others?”
Education

Students Thinking Critically About Finance

I teach at a school that strongly emphasizes students writing constructed responses to reading materials. This strengthens their reading and writing skills and gets them thinking critically about various topics (these are big standardized testing skills too). Here are some articles and prompts I have given my Personal Financial Responsibility class to think about current topics in finance. Continue reading “Students Thinking Critically About Finance”

Economics

These 3 Charts About Student Loans Should Scare Everyone

Rick Rieder, Chief Investment Officer of Global Fixed Income at BlackRock, wrote a startling article on “the economic side effects of the student loan crisis.”

1. Homeownership is on the Decline

chart1-homeownership

2. More Student Loan Debt Among Older Age Groups

chart2-studentloan

3. College Education is Still Key to Employment and Earnings

chart3-earnings

So you have to have a college education to earn decent income and steady employment, but the cost of that degree makes it nearly impossible to purchase a home, save for retirement, etc.

Rieder offers some excellent perspective on why this is some seriously alarming data for the economy.