Monday, September 19, 2011

PayPal CEO Pays Students $100K to Quit College

When I first heard about this offer to students, I was immediately intrigued by the idea.  Paying students to quit school and take part in a prestigious paid internship.  If offered the internship, the student must agree to drop out of school for two years, and will receive $100,000 per year for their services to the company.
            I feel that this offer is absolutely something for students to consider.  College degrees do not necessarily prove that a student learned anything. Degrees simply show that a student was able to finish something they started. What sets students apart in the job world are their experiences and this is exactly what the students will get during this internship. On the other hand, I do not feel that anyone can go wrong with a college education. A degree is something that no one can ever take away from someone and it will unquestionably open doors that may have not been possible without a degree.

Wednesday, September 7, 2011

Obama's 2011 Budget Proposes More Money for Education and Research

This article reflects President Obama’s  proposed budget for 2011 regarding federal spending on education. The new budget includes increased federal spending on education by six percent as well as an increased maximum  Pell Grant to $5,710 up from %5,550. The Pell Grant award will also automatically increase each year of the next decade. The increase will be consistent with the rate of inflation plus one percentage point.
                I feel this budget proposal is much needed. The cost of tuition today is outrageous and students need all the assistance possible. Tuition rates are far surpassing the rates of inflation and soon higher education will only be for the financially comfortable students.  Students who come from lower to middle class will have fewer opportunities to attend and finish college if federal funding is not increased. In my opinion, the federal government needs to get their priorities straight and find out where education falls. If we want this country to move towards equality, we have to open up ways for higher education to be more affordable.  This proposal is a step in the right direction, but more still needs to be done.