Private Lender Involvement for Students Loans to End

A hat tip to Wall Street Journal writers Corey Boles and Robert Tomsho for their news coverage on my favorite topic: education in the United States. As you know, my website http://www.roccobasile.net/ covers education and charity.

So just out of Washington today, the House of Representatives approved legislation that would end private-lender involvement in the student-loan market. This establishes the federal government as the sole provider of college loans, and means there will be much change within the federal government's higher-education policies.

What this basically means is that all lenders would be cut out of the market for originating loans, although there would still be a role for private banks and lenders to bid for a limited number of contracts to service the loans after they are made by the government.

What is known as the Federal Family Education Loan Program - this is when the government guarantees loans made by private lenders - remains the single largest source of college loans. Loan volume totalled $74 billion, up 13% from a year earlier.

Obama's administration has said they will use the anticipated savings from this measure to increase grants for low-income students, and also boost funding for minority student groups. This would mean they culd also provide money for school construction. All in all this could save taxpayers $87 billion over the next ten years.

President Elect Obama and Educational Reform

I was doing some detailed research online and studying how things might change insofar as education with the new president in office. As you know I support education via my charities - http://www.childrenofthecity.org/ and also on my educational website http://www.roccobasile.org/. But with the new president, there will be new policies. It is important that we all know what these are.

President elect Obama has been a leader on educational issues throughout his career, and in the Illinois State Senate he was a leader on early childhood education, helping to create the state's Early Learning Council. In the U.S. Senate, Obama has also been a leader in working to make college more affordable. His first bill sought to increase the maximum Pell Grant award to $5,100.

Obama also helped pass legislation to achieve that goal in the recent improvements to the Higher Education Act, and he has also introduced legislation to create Teacher Residency Programs and to increase federal support for summer learning opportunities.

Unlike some of the other early childhood education plans, the Obama-Biden plan places key emphasis at early care. Their "Zero to Five" plan will provide support to young children and their parents, and unlike other early childhood education plans, the Obama-Biden plan places key emphasis at early care and education for infants, which is essential for children to be ready to enter kindergarten. Obama and Biden plan to create Early Learning Challenge Grants to promote state "zero to five" efforts and help states move toward voluntary, universal pre-school. They will:

• Expand Early Head Start and Head Start: Obama and Biden will quadruple Early Head Start, increase Head Start funding and improve quality for both.
• Affordable, High-Quality Child Care: Obama and Biden will also provide affordable and high-quality child care to ease the burden on working families.

Here are other key promises:

Barack Obama will reform No Child Left Behind
Both Obama and Biden believe teachers should not be forced to spend the academic year preparing students to fill in bubbles on standardized tests. That is why he plans to improve the assessments used to track student progress, and measure a student's readiness for college.

Invest in early childhood education
This comprehensive "Zero to Five" plan will provide critical support to young children as well as their parents, helping states move towards a voluntary, universal pre-school system.

Make college affordable to all Americans
Barack Obama and Joe Biden have plans to create what they are calling a new American Opportunity Tax Credit worth $4,000 in exchange for community service. It will cover two-thirds the cost of tuition at the average public college or university and make community college tuition completely free for most students.

Obama has some aggressive plans. Check out his Education Website. -- Rocco Basile

Watch the entire video by clicking below:

Education in Thailand Poses Long-term Threat

In my research for my own educational trends website, http://www.rocdcobasile.oprg/, I often come across interesting articles about educational situations, or trends from other countries. The country of Thailand's political stability is a mess because of the months-long standoff between the administration and the People's Alliance for Democracy. What is more compelling however, than this country's politics, is the quality of basic education. It is this issue that will pose a long-term threat to the country, according to a recent report by the Office for National Education Standards and Quality Assessment.

Left: These children are members of the Palong, a Mon-Khmer tribe found mostly in Burma's Shan state.

Halfway into the five-year evaluation of the performance of both primary and secondary schools across the country, the bad news is out. One-fifth of the 22,811 schools did not pass, and with more than 12,800 schools yet to be evaluated, since most of them are small ones located in remote areas, the chances of these passing the standard are remote, as they are already struggling to find enough money to run the schools, as well as teachers.

This is such a sad story in a country with a government where politicians taking the helm of the ministry of education do it for position and for the sake of their party, and not for the students.
And even through teachers are considered very important when general elections come, and are influential in rural areas they too can convince voters who to cast the ballot for when the time comes to vote. This is why many policies and projects target the teachers.

In Thailand, over the past eight years, there have been only two ministers in education who were qualified and praised by educators keen to see improvements in education.

Perhaps the country should consider a template for improved education that works from other countries, and cities, like the program instituted in Brooklyn, NY by Children of the City. Volunteers help the children with their homework, and provide a community environment where kids want to learn.

--Rocco Basile

The source for tis article came from Saritdet Marukatat, a News Editor, Bangkok Post.

Politics and Education

As we near the election, it seems that politics are at the top of the mind in everything we do and think about. Public education has always played an important part in politics in this country, but it also has been subject to continual political scrutiny. As are some of the educational organizations that are in various communities, who are simply trying to help, including groups like Children of the City. I support a number of educational charities, which you can read about at www.roccobasile.org. In any case, I am intriegued with the progress of educational trends and politics in this country...

Local politics and education are inseparable, as every city’s local school system is an organization with a political culture. It is a very competitive environment in which various groups from both within the system, and outside, compete for power, and typically, very limited budgetary resources. Yet our local school systems are devoted to children and tax dollars -- two of our most important resources.

It is nothing new that limited resources create varying degrees of funding ability for most local school systems, which in turn creates a lot of competition for existing resources. That’s why special interest groups compete, and funding priorities become the object of political debate at all levels – local, state and national.

In general, education is often a major part of both national political party platforms as well as local community discussions. We have seen that focus in the recent news about the current elections.

In case we have forgotten -- our country’s Tenth Amendment to the United States Constitution delegated authority over education to the states, and each state varies from highly decentralized local education systems to more centralized state systems like Hawaii. But the most recent trend has been movement toward increased state standards and accountability systems.

Federal Interest in Education has long been part of our culture. In 2001, under direction of President Bush, the Elementary and Secondary Education Act was renewed and renamed No Child Left Behind Act (2001). It was a critical step in bettering our country’s public education – the objective being - to increase accountability by identifying schools that were in need of improvement. It also called for “highly qualified” teachers in every classroom. Many believed that it empowered knowledgeable parents with the ability to wage war against school administrators who were not responsive to parental concerns.

Of all the localized special interest groups – from football supporters, planning and zoning committees, business, boards and various other local agencies, there is also the idea that diverse communities can become divided on school issues in areas of socio-economics. And as always, religion and political affiliation can also play a role in the politics of local education, and public education advocates and privatization groups often differ on local policies. Even community business groups can also be divided regarding the money required for facility improvement projects such as stadiums. the passing of school bond issues to finance school facilities can become very politically charged. That is why effective local school leadership lies in balancing these diverse special interest groups.

The reality is that politics are part of every local school system. Effective local school leaders must therefore learn to work within the unique political reality of their local system to accomplish organizational objectives. This is something that one of the charities that I work with called ChildrenoftheCity is quite good at, and I know they follow these guidelines for the betterment of the community as a whole. They try to clearly understand and empathize with varying points of view; they are honest about divergent positions; they try to include all stakeholders in the decision making process; they collaborate within the community, and Children of the City builds partnerships for overcoming future challenges. It works.

-- Rocco Basile

Should we Encourage Kids to get a High Degree?

It recently came to my attention in an article in the Wall Street Journal that workers with professional degrees, like lawyers, or doctors, were the only group to see their inflation-adjusted earnings increase over the recent economic conditions. Workers in every other educational group, such as Ph.D.s or high school dropouts, earned less in 2007 than they did in the year 2000. So a person with a bachelors degree's wages actually fell. And even more compelling to note, is the fact that it is proving how there is now an even bigger economic gap.
(Source: Census Bureau. Data don't include 2008 earnings.)

In my work for the Joe DiMaggio Committee, one of the charities that I am involved with, education is the primary concern, because we raise money to provide a good education for children of financially challenged families. The Committee's premiere fund raising event is The Joe DiMaggio Award Gala, to benefit Xaverian High School, my alma mater.

Economists are citing multiple reasons for falling wages for people with a bachelor's degree including:

• Blue and white-collar jobs are being sent abroad to places like India.


• Immigrants competing for jobs in the U.S. has increased.


• Job growth during the 2001 to 2007 expansion was weak compared to the late 1990s.


• Rising health-care costs are big part of total compensation today; more than in the past.


• The Census data measure income, which doesn't include the health-care bills paid for by employers


• Inflation-adjusted median salary for people with professional degrees was $89,602 in 2007, up about 3 percent from 2000, when the median salary was $87,158, according to the Census. There were income declines in all other groups including those with college and doctorate degrees.


• Inflation-adjusted median salary for a person with a bachelor's degree fell about 3 percent, adjusted for inflation, to $47,240 last year from 2000. Median master's-degree salaries fell

Census data shows the value of and education. In 2007 the median income for people with a bachelor's degree was about two-thirds more than for those with only a high-school diploma. And people with a master's degree made 20 percent more than those folks who only had a college degree.

--Rocco Basile

The Status of Educational Reform

Have you ever wondered why all of the sudden there are more computers in K-12 classrooms across the U.S? For over ten years now, reformers have attempted to revolutionize the way schools operate, and this includes how students learn. There have been a number of top-to-bottom and bottom-to-top changes in areas including administration, curriculum and even outreach. The result of many of these reforms, is that technology is now playing a bigger role in education.

When you look back, education reform appeared in 1983 when a report called A Nation at Risk was published, outlining the poor state of affairs within the K-12 environment. It highlighted low basic comprehension rates to high dropout rates, and was what made administrators and policy makers pay attention to the fact that educational reform was needed.

After that, one of the changes was in the area of standardization of testing among students. A number of states began to legislate merit pay programs for educators, so by 1986, there were 46 states that offered merit pay plans, an increase from 28 states in 1983. Teachers were evaluated on their educating ability and knowledge of their subjects in order to determine not only raises but also their bonuses.

Today research now suggests that the initial focus on standardization did little to affect student learning and comprehension, and that the studies suggested that changes in professionalism and administration did not indicate an effective education strategy implementation - with teaching guidelines becoming more complex but less coherent. What was missing? One of the core issues was teacher empowerment.

Which brings me to the question, which I have covered on my own website, http://www.roccobasile.org/, what motivates kids to learn from their teachers? During this reform movement, educators were interested in a number of new education theories offering insights into the way students learn. One of the theories includes something called "constructivism," where students learn by doing rather than observing.

One of the biggest complaints about the American education system has been its top-down approach with the states governing schools. Today, schools and teachers are asserting more control over education management decisions. Non-profit charter schools and for-profit education management programs are offering students public school learning environments that break away from the traditional state-run system.

Children of the City, for example, has been wildly successful with its after school and summertime programs. By personally connecting with each child and youth in their environment, the non-profit fosters strong relationships to teach, inform and counsel on various life issues and skills through programs such as its Create Success, where parents have seen dramatic increases in student’s reading and math levels, healthy study habits, communications, and improved peer relationships.

All in all, parents today now have more choices. They can actually choose to take their students out of poorly run schools and place them into parochial schools for example, or as with an increasing number of families, parents and their offspring can get out of the classroom and do homeschooling instead.