Please feel free to continue the prior post discussion. I'm not trying to squelch the conversation. However, there are some good articles to report so I wanted to get this post up.
"NYU Gives Its Stars Loans for Summer Homes," by Ariel Kaminer and Alain Delaqueriere (New York Times)
Money Quote #1: "'That's getting to be a little too sexy even for me, and I have a good sense of humor about these things,' said Stephen Joel Trachtenberg, a former president of George Washington University who has publicly defended high salaries for professors and university executives. 'That is entertaining, actually. I don't think that's prudent. I don't mind paying someone a robust salary, but I think you have to be able to pass a red-face test.'"
Money Quote #2: "'Universities are tax-exempt to educate students, not help their executives purchase vacation homes," [Senator Charles E. Grassley, Republican of Iowa] said in a statement on Monday. 'It's hard to see how the student with a lifetime of debt benefits from his university leaders' weekend homes in the Hamptons.'"
"Law school graduates have one more hurdle, the bar exam, and an expensive one it is," by Diane Knich (The Post & Courier)
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"NYU Gives Its Stars Loans for Summer Homes," by Ariel Kaminer and Alain Delaqueriere (New York Times)
Money Quote #1: "'That's getting to be a little too sexy even for me, and I have a good sense of humor about these things,' said Stephen Joel Trachtenberg, a former president of George Washington University who has publicly defended high salaries for professors and university executives. 'That is entertaining, actually. I don't think that's prudent. I don't mind paying someone a robust salary, but I think you have to be able to pass a red-face test.'"
Money Quote #2: "'Universities are tax-exempt to educate students, not help their executives purchase vacation homes," [Senator Charles E. Grassley, Republican of Iowa] said in a statement on Monday. 'It's hard to see how the student with a lifetime of debt benefits from his university leaders' weekend homes in the Hamptons.'"
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"Law school graduates have one more hurdle, the bar exam, and an expensive one it is," by Diane Knich (The Post & Courier)
Money Quote: "The [Barbir] test-preparation course isn't cheap. Law students, who have been battered in recent years by the crushing student-loan debt and dramatically declining job prospects, must come up with or borrow another $2,500 to $3,000 for the course....The review course is essential....The [bar examination] test covers a great deal of material and [students weren't] exposed to all of it in law school."
"While several law school graduates and representatives from the state's law schools said the Barbri course provides solid preparation for the bar exam, the company's business strategies have recently come under legal scrutiny. Last month, Barbri reached a $9.5 million class-action lawsuit settlement over allegations that it attempted to monopolize the market for bar-exam courses."
See also http://www.barbri-classaction.com/barbri/default.htm for more information.
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Money Quote: "In April, the Arlington County Board quietly approved a site plan amendment for the vacant National Gateway building at 3500 and 3550 S. Clark Street, along Jefferson Davis Highway near Potomac Yard. The amendment was granted to allow the office building to be used for educational purposes. Specifically, the building was to be occupied by a new 1,300-student law school, complete with 22 classrooms, a law library, a bookstore, a moot courtroom and a cafe. Since April, however, no construction permits have been issued for the building. InfiLaw System, a Florida-based consortium of independent law schools that was planning to open the new school, now says that plans have fallen through, at least for now. 'The InfiLaw System was exploring opening a law school in Arlington, Virginia,' confirmed Kathy Heldman, the organization's vice president of marketing, via email last night. 'We have decided to put the initiative on hold."
Read the comments to this article if you don't think the message is getting through. Brutal.
"Humanities Committee Sounds an Alarm," by Jennifer Schuessler (New York Times)
Money Quote: "A new national corps of 'master teachers' trained in the humanities and social sciences and increased support for research in 'endangered' liberal arts subjects are among the recommendations of a major report to be delivered on Capitol Hill on Wednesday....it is intended as a rallying cry against the entrenched idea that the humanities and social sciences are luxuries that employment-minded students can ill afford."
Because, after all, you can always go to law school with one of those undergrad degrees, right?
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"Humanities Committee Sounds an Alarm," by Jennifer Schuessler (New York Times)
Money Quote: "A new national corps of 'master teachers' trained in the humanities and social sciences and increased support for research in 'endangered' liberal arts subjects are among the recommendations of a major report to be delivered on Capitol Hill on Wednesday....it is intended as a rallying cry against the entrenched idea that the humanities and social sciences are luxuries that employment-minded students can ill afford."
Because, after all, you can always go to law school with one of those undergrad degrees, right?
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