Duke University ranks in top 50 for graduates’ return on investment

June 11, 2013

Categories: Education

PayScale has a new report out ranking return on investment for colleges across the country — in other words, how much bachelor degree holders can expect to get in return for investing in the credential. Duke University is the only school in the t0p 50, as reported by The Charlotte Business Journal, and Wake Forest University and N.C. State University rank in the top 300. At Duke, graduates can expect a 30-year net ROI of $1.46 million for the school's 2012 cost of $219,500 for a bachelor's degree. Wake Forest and NCSU graduates can expect a return of $904,100 and $832,600, respectively. The upfront investment for the school is far less at NCSU, however, costing $78,100 compared to Wake Forest's $216,000. Rounding out the bottom of the list: Meredith College at a negative $66,200 ROI after a cost of $150,400 to attend.  ...

Providing a thorough grounding in Western civilization

June 5, 2013

Our new Grantee Profile focuses on Asheville School, the South's preeminent co-ed boarding and day school: To appreciate the good that Western civilization has brought to the world, students must first understand it. And what better way to gain understanding than to read, and study, the classics of Western culture — works ranging from Homer’s Odyssey and Iliad to the Old and New testaments to Dante’s Divine Comedy and Shakespeare’sHamlet. That principle — the conviction that students best learn about history by studying the literature, art, philosophy, and political thought of the time — is the guiding force behind the stellar humanities program at Asheville School. Nestled in the majestic Blue Ridge Mountains, Asheville School annually serves 275 students representing 25 states and 13 countries. The average class size is 12 students. One-hundred percent of graduates attend four-year colleges. “There isn’t a single boarding school below the...

Is community college better than a four-year school?

April 30, 2013

Categories: Education

Conventional wisdom holds that students should, at a minimum, earn a bachelor's degree in order to secure a life of financial stability. But how does that conventional wisdom play out in real life? Not well, according to Jeffrey J. Selingo in this article in Forbes. He writes that they don't make bachelor's degrees like the used to. But training at a community college can prove valuable, especially given the low cost: Think a community-college degree is worth less than a credential from a four-year college? In Tennessee, the average first-year salaries of graduates with a two-year degree are $1,000 higher than those with a bachelor's degree. Technical degree holders from the state's community colleges often earn more their first year out than those who studied the same field at a four-year university. Take graduates in health professions from Dyersburg State Community College. They not only finish two years earlier than their counterparts at the University of Tennessee at...

Does your country encourage or discourage generous giving?

April 26, 2013

To what degree does your country respect the freedom to be generous? That's the question examined in a new pilot study from the Center for Global Prosperity at the Hudson Institute. The new research explores the climate of philanthropic freedom in 13 nations. The study (PDF download) uses a variety of metrics — including the ease of creating philanthropic organizations and tax policies that either encourage or discourage individual generosity — to determine the level of restrictions in each country. The Hudson Institute's index of philanthropic freedom puts the Netherlands, the United States, Sweden, Japan, Australia, and Mexico at the top. Turkey, Russia, Egypt, and China round out the bottom. The study concludes: Many of the high scoring nations are also high income countries, reflecting the long history of philanthropy and civil society in these countries. Additionally, some emerging economies scored high also, reflecting an improving environment that is conducive to...

How donors are reviving appreciation for founding virtues

April 25, 2013

Civic literacy in the United States is on the decline. But generous philanthropists are working to reverse that trend, and this article in the spring issue of Philanthropy magazine (published by the Philanthropy Roundtable) shows how: “We can live without learning French or being great in chemistry,” posits James Basker. “But how can you be an American citizen without knowing American history?” Basker, who is the president of the Gilder Lehrman Institute, is hardly new to the field of civic education. He has been in his position for 16 years, overseeing the institute’s initiatives to increase knowledge of American history. But he believes there is a new opportunity now with the recent adoption of the Common Core standards by 46 states. Mind you, the standards themselves say nothing about history. In fact, Basker and others worry that if schools are only tested on literacy and math, then the teaching of history will recede even further. But Gilder Lehrman is adapting...

Some UNC students pray, others learn about sex toys

April 18, 2013

Categories: Education

The College Fix blogs today about a stark contrast at UNC-Chapel Hill — one group of students committed to prayer while another group participated in a campus sex workshop: On the evening of April 10, several students sat tucked away in an Episcopal church just north of the University of North Carolina – Chapel Hill. Their heads were bowed; their thoughts – ethereal. The students were taking part in a weeklong “UNC 24/7 Prayer” at the university, an annual observance designed to lift up lives, families, careers – and the campus community – to the Lord. About 250 students signed up for one-hour prayer slots that launched April 4 at 9:30 p.m. and ran day and night through April 11. Although there was no official “theme” for the week, one Bible verse repeated in both email invitations and on handouts for students inside the church read:  “I will set my eyes on them for good, and I will bring them back to this land. I will build them up, and not tear them...

Luiz Zingales speaks at N.C. State

March 12, 2013

On Wednesday, April 3, 2013, economist Luigi Zingales delivered the N.C. State John W. Pope lecture on his new book, Capitalism for the People: Recapturing the Lost Genius of American Prosperity.  Zingales is the Robert C. McCormack Professor of Entrepreneurship and Finance at the Booth School of Business at the University of Chicago. The event was free and open to the public and held at Nelson Hall Auditorium.   Book Summary Born in Italy, University of Chicago economist Luigi Zingales witnessed firsthand the consequences of high inflation and unemployment—paired with rampant nepotism and cronyism—on a country’s economy. This experience profoundly shaped his professional interests, and in 1988 he arrived in the United States, armed with a political passion and the belief that economists should not merely interpret the world, but should change it for the better. In A Capitalism for the People, Zingales makes a forceful, philosophical, and at times...