Fifth Avenue Forum

Should I start an education thread, or should c2i and I just pm each other back and forth to make it easier?

lol, i'm actually considering getting back into the education game (college level... not high school. eff that noise)

What all would you need to do?
I'm trying to move up to middle school. Not that big of a difference for me though.

I do admissions for a college now. Couldn't be happier. Honestly I don't think I'll ever try to get back into actually teaching. Gonna get my MBA for free and move from there.

I do admissions for a college now. Couldn't be happier. Honestly I don't think I'll ever try to get back into actually teaching. Gonna get my MBA for free and move from there.

I think I would love working for a university. I've been recruiting for much of my life, and have excellent (if I say so myself) interpersonal skills. I'm tired of the rat race.

On their eighth day of deliberations, the jurors convicted 11 of the 12 defendants of racketeering, a felony that carries up to 20 years in prison. Many of the defendants — a mixture of Atlanta public school teachers, testing coordinators and administrators — were also convicted of other charges, such as making false statements, that could add years to their sentences.

http://www.msn.com/en-us/money/careersa ... ar-AAakt3k

1. Stanford University will provide free tuition to parents of students who earn less than $125,000 per year — and if they make less than $65,000, they won't have to contribute to room and board costs either.

2. Students are still expected to pay $5,000 toward college costs from summer earnings and working part-time while enrolled in college.

3. The announcement is an expansion of Stanford's old financial aid policy, which previously applied to students from families making less than $100,000 per year.

4. Most universities can't afford to offer such generous financial aid to their students. But they could draw a lesson from the plan's simplicity.

This is cool... I wish I had known about any schools like this when I was applying to college (not sure there were any) as I was in the under $65,000 a year by a large margin.

Education? I'm again' it!

That's pretty cool that Stanford is doing that. I know that most of the elite universities have such huge endowments that they could waive tuition for a majority of students, and it wouldn't really have a big negative impact on their bottom line.

The Obamas, for example, send their two daughters to the elite Sidwell Friends School, a private Quaker preK-12 school with campuses in Washington D.C., and Bethesda, Md. Sidwell, like other independent schools, does not bombard its students with high-stakes standardized tests. (It also doesn’t evaluate teachers by the test scores of their students, a policy promoted by the Obama administration.)

I have a money and banking group project, and we chose quantitative easing as out topic. Comparing foreign countries qe programs with ours. I feel if the us changed to something like the euro (which would never happen) it would decrease inflation and strengthen the dollar.

Anyone have any inputs? I'm still just a college kid and don't know 100% about the economy and monetary system

I have a money and banking group project, and we chose quantitative easing as out topic. Comparing foreign countries qe programs with ours. I feel if the us changed to something like the euro (which would never happen) it would decrease inflation and strengthen the dollar.

Anyone have any inputs? I'm still just a college kid and don't know 100% about the economy and monetary system

That piqued my intetest.
Don't know if you read this but it's interesting.

The Washington Post

Wonkblog
By Matt O'Brien March 13




would replace the dollar as the world's reserve currency--in other words, the benchmark that everyone uses in case of emergency--and even supermodel Gisele Bundchen reportedly insisted on being paid in euros rather than dollars. That's quite a consensus. But it turns out that these reports of the dollar's death were greatly exaggerated. Since then, the euro has fallen 24 percent against the dollar in less than a year, and made everyone forget its grand ambitions.

What happened?
Robert Frost can help us here. Two monetary policies have diverged in, well, not a wood, and Europe has finally taken the path well traveled by. Specifically, to boost Europe's extraordinary weak economy, the European Central Bank is buying bonds with newly-printed money, aka quantitative easing, while the Federal Reserve is far enough along that it's getting ready to raise rates. That means interest rates are falling, sometimes into negative territory, in Europe, and, at least on the short end, rising in the U.S. Think about it like this. Would you rather buy a German 10-year bond that pays 0.25 percent or a U.S. 10-year bond that pays 2.1 percent? Investors, especially big European ones, are answering that by moving their money out of euros and into dollars. And voilà, the euro has fallen from $1.39 last year to $1.06 today.


The simpler way to think about this, though, is that the U.S. economy is in a lot better shape than Europe's. Unemployment is 5.5 percent here and falling fast, while it's 11.2 percent there and barely falling at all. Now a stronger economy should mean a stronger currency, because it needs higher interest rates to keep inflation in check—which should make it a more attractive place to put money. But, as Europe has found out, the opposite isn't true. Higher rates don't make your economy strong if it's actually weak. And even though that will push your currency up in the short run, it will make it fall even more in the longer one. That's the mistake the ECB made—twice, actually!—in 2011, when it raised rates to fight some fleeting oil inflation. The result was a double-dip recession that almost tore the common currency union apart, and has only just ended. To make up for that, the ECB has had to do more than it otherwise might have, cutting interest rates into negative territory and buying €60 billion of bonds a month. The euro, in other words, is falling so much more today, because it didn't fall like it should have yesterday.

The U.S., meanwhile, has been printing money like it should have, at least most of the time. It started QE in 2008, expanded it in 2009, restarted it in 2010, and re-restarted it in 2012 with a promise to keep going until unemployment came down. It worked. Now all these starts and stops are why the dollar kept going up and down and up again these past few years, but now that it's over, it's only going up. Indeed, the Fed is done buying bonds, and, unlike almost every other central bank, is preparing to raise rates. That's pushed the dollar up against every currency, but especially the euro now that the ECB is printing them.

How low will the euro go?
That depends on how much, if at all, the Fed raises rates, and how long the ECB buys bonds. On the one hand, there's no sign of any inflation or bubbly behavior that would force the Fed to raise rates. But on the other, the Fed has been pretty clear that it wants to start normalizing policy in June because unemployment is already normal-ish. And on top of that, New York Fed President William Dudley has even said they might have to hike rates in quick succession if long-term rates don't go up too—which seems pretty likely with Europe's low bond yields pushing ours down. The ECB has promised to keep buying bonds until at least September 2016, and even longer than that if inflation is still too low. Now Europe's inflation numbers are already picking up a little bit, but, as Paul Krugman points out, markets seem to believe it will be a good while longer before Europe's economy—and by extension, its monetary policy—is anywhere close to normal. Add it all up, and Deutsche Bank expects the euro to keep falling to $0.90 by the end of 2016 and $0.85 by the end of 2017.

So now you know when to buy those tickets.

https://m.youtube.com/watch?v=J6lyURyVz7k#

Excellent segment by John Oliver on testing.