The $1.3 trillion student-loan market is a “bubble,” Goldman Sachs strategists said in a recent note. The banks believes the market for asset-backed securities refinanced by private lenders like SoFi “may offer relative value” compared to public student-loan securities. Asset-backed securities bundle pools of loans with similar risks that investors can profit from when former […]
As a Harvard dropout, Bill Gates wasn’t exactly a model student. But as the second-richest person on Earth — and someone who is heavily involved in efforts to alleviate poverty and health burdens for billions of people — he does know thing or two about finding success. The Microsoft cofounder has given students his fair […]
Times Higher Education ranks world universities annually. This year, Harvard was dethroned from the top spot. Oxford University and Cambridge University came in first and second. For the first time in 14 years, an American college didn’t crack the top two in a ranking of the best universities in the world, according to the Times […]
An Illinois bus company is being investigated after it posted what some have called a “racist” ad. The state’s Attorney General is looking into whether the ad, which said ‘you won’t feel like you’re in China’ on its buses, violated the law. The company’s initial apology criticized the University of Illinois’ enrollment choices. The Illinois’ […]
The United Nations has declared that the world is suffering from a “learning crisis.” Although students are physically going to school, a quarter of a billion aren’t learning anything. In a recent TED talk, Tunisian politician and education expert Amel Karboul offers ways to solve the crisis. In 2014, the United Nations put the state […]
The Department of Education is negotiating changes to regulations for for-profit colleges. The changes could hurt military veterans, a highly coveted subset of students for the industry. A funding loophole makes veterans highly profitable for for-profit colleges. The Department of Education began negotiations to change regulations related to the for-profit college industry in December, a […]
Silicon Valley is getting its first-ever public high school that lives on a corporate campus. Oracle spent $43 million to build and outfit a new school for Design Tech High School, an existing public charter school that serves 550 students. Employees of the enterprise-tech company will lead workshops and mentor students after the school opens […]
Former SpaceX employee Josh Boehm told Business Insider that interviewing with the company is intense. There are seven to eight face-to-face interviews. At any point in the process, if even one person doesn’t like the candidate, the interview stops and the applicant is sent home. It’s well established that working for Elon Musk at SpaceX […]
There are many simple words in the English language that are hard for foreign speakers to master. That’s because English words often have several different meanings and can be difficult to pronounce. English is a notoriously difficult language to learn, from its inconsistent pronunciation to the endless list of irregular verbs. For some people learning […]
A report from Georgetown University identified the best states to live if you haven’t received a college degree. The report looked at the percent of workers in a state without a degree and the median earnings for those workers. Arizona is the state with the greatest increase in well-paid service jobs between 1991 and 2015. […]
Town & Country estimated that wealthy families spend $1.7 million per child to get them into the Ivy League. Nursery school alone can run families more than $80,000. The analysis reveals the steep discrepancies in educational access between wealthy and low-income families. American families pay more to send their kids to college than anywhere else […]
An MSN poll found Republicans and Democrats have a lot of the same beliefs about college. But on the issue of whether college is worth the cost, there was a stark divide. 43% of Democrats believe college is worth it, compared to 28% of Republicans. American politics have grown more polarized than ever before. So […]
More students at University of California schools are experiencing food scarcity issues. 500 students at UC Berkeley applied for food stamps in 2017, compared to 111 last year. Students also supplement their meals by using a free food pantry at Berkeley. College students in California are turning to food stamps to afford their meals, CNBC […]
• Former NASA flight director Paul Hill told Business Insider about some common misconceptions about working for NASA. • He said the space program isn’t made up of super-geniuses who “don’t even need computers because they do all the math in their heads.” • The Texas A&M grad added NASA is made up of “normal […]
Reid Hoffman is the billionaire cofounder of LinkedIn and one of tech’s most influential investors. Instead of a business education, he pursued his master’s degree in philosophy. He told us that the analytical thinking skills he learned have made him a better investor and entrepreneur. When students begin graduate studies in philosophy, they’re typically looking […]
The Putney School, located in southern Vermont, is small and located on a dairy farm. The 238 students there must work on the farm and in other jobs to graduate. They don’t learn their grades until halfway through high school. Reid Hoffman, cofounder of LinkedIn and a Greylock Partners investor, always had an independent streak. […]
A letter from a principal to parents was uploaded to Reddit and has resonated with readers. The letter urges parents to worry less about test scores. The principal points to entrepreneurs, musicians, and athletes all have different strengths. Standardized testing has been called a motivation killer. The phrase “drill and kill” is often used to […]
A new kind of school crafted by the minds and wallets of Silicon Valley influencers is struggling to keep parents happy and students in seats. AltSchool shuttered more than half of the schools it’s opened since 2013. Parents of former and current students at AltSchool told Business Insider the startup treats their children like “guinea […]
If you want to be the CEO of a powerful company, choosing the right college major is an important place to start. We took a look at the leaders of the top 11 companies in this year’s Fortune 500, and by and large, they each majored in a field directly related to industry of their […]
Here are 12 everyday phrases you might be saying incorrectly: Incorrect: I could care less Correct: I couldn’t care less Incorrect: One in the same Correct: One and the same Incorrect: On accident Correct: By accident Incorrect: Wreck havoc Correct: Wreak havoc Incorrect: For all intensive purposes Correct: For all intents and purposes Incorrect: Should […]
Advances in machine learning now mean that doctors can take a photo and identify the disease or condition depicted. Apple is a fan of one specific app, VisualDx, that uses new machine learning software to assist with diagnosis on an iPhone. VisualDx has built a database of 32,000 high-quality medical images. Apple CEO Tim Cook […]
Flying offers the opportunity to disconnect from the internet — unless you pay for it — and turn your mind off from the constant barrage of phone notifications. Why not spend that time getting smarter on a topic you’ve always wanted to learn more about. With that in mind, Business Insider found seven smart books […]
Student loan debt continues to be a huge burden for many Americans. Graduates in the Northeast have more debt on average, while those in the Southwest had the least on average. Families in the Northeast tend to spend more on college than those in other parts of the country. Student loan debt continues to be […]
Ohio State University suspended 37 fraternities, pointing to hazing and alcohol violations. No sororities were suspended. Eleven fraternities had been under investigation since the start of the school year. The Ohio State University suspended 37 fraternities organizations from campus Thursday, citing instances of hazing and alcohol, WOSU Public Media reported. The suspension includes any social […]
English majors are surprisingly well-represented in US medical schools. They have a higher acceptance rate than applicants coming from science backgrounds. And it’s not necessarily the case that English easier than biology or chemistry. There’s a decent chance your doctor didn’t study biology, chemistry, or any other science when they first got to college. A […]
A 20-year-old Texas State University fraternity pledge died Monday. Texas State suspended all Greek organization activities. It is the fourth fraternity pledge to die in 2017. Texas State University on Tuesday suspended the activities of all Greek organizations following the death of a pledge — the second such death at a college fraternity in a […]
A 5.4 magnitude earthquake rocked South Korea, damaging school buildings. As a result, South Korea’s schools postponed the college entrance exams, which are highly competitive and essentially shut down the entire nation. After a magnitude 5.4 earthquake near Pohang, South Korea, shook the nation and damaged some school buildings, the country decided to postpone its […]
Ad Astra School was created in 2014 by Elon Musk. There are very few details about the school and no public website. Elon Musk hasn’t spoken publicly about the school since 2015. Elon Musk pulled his five kids out their prestigious school for gifted children school in 2014, and launched the secretive Ad Astra School. […]
Billionaire investor and LinkedIn cofounder credits part of his success to his unusual high school education in Vermont. At the Putney School, manual labor is taken as seriously as academic work. Hoffman struggled socially, but learned to approach life outside of traditional career paths. At the Putney School in Vermont, graduating students customize their diplomas, […]
Peter Thiel is offering a $10,000 fellowship to young entrepreneurs who drop out of college. While it’s tempting, Scott Galloway reveals why it is awful advice. Following is a transcription of the video. Scott Galloway. Professor of marketing, NYU Stern. Despite how outrageously expensive college is, it’s still a pretty good plan B. If a […]
The Pennsylvania district attorney filed new charges against fraternity brothers in the death of a Penn State pledge. Deleted video surveillance was recovered. The video allegedly shows brothers giving a pledge 18 drinks in 90 minutes. The Pennsylvania district attorney announced new charges in the death of Penn State sophomore Tim Piazza, who died in […]
Foreign student enrollment in American colleges declined an average 7% for the 2016-2017 school year. Higher education experts worried a “Trump effect” would cause a decline in foreign enrollment. Many foreign families ask if everyone in America own a gun. Foreign student enrollment at American colleges is down, The New York Times reported. A survey […]
Denmark has a term for people who don’t graduate in the normal five-year track: eternity students. Because Danish students receive a monthly grant and pay no tuition, some feel compelled to move through their studies without thinking about the future. A 2015 amendment made it easier for universities to push students through, but the trend […]
A growing number of students are turning to dating sites to find Sugar Daddies and Mommas for help with college costs. Christina, a 29-year-old Sugar Baby and MBA student living in Las Vegas, talked to Business Insider about her experience. She’s received over $90,000 for education-related costs, but says the stigma is the hardest part […]
Jeff Bezos and his wife MacKenzie use Singapore math to teach their kids mathematics. It’s an approach used predominantly in South Asia. Singapore outperformed all other countries on a worldwide math exam. Jeff Bezos, Amazon CEO and richest person in the world, has amassed his wealth by being creative and trying out unorthodox solutions to […]
Learning a second language has been proven to offer a swath of cognitive, health, and educational benefits. It improves brain development, can protect against dementia, and help with attention span. And Mandarin seems to be the hot language at the moment, with some high-profile wealthy families starting to push the language to their kids at […]
There’s a great deal of uncertainty for college students when it comes to picking a major — in part because some jobs won’t be in high demand four years down the line. But according to career site Zippia, which used US census data to estimate the unemployment rate for people 22 to 25 years old […]
Goldman Sachs is on a mission to become the Google of Wall Street. A case study on Goldman Sachs’ digital strategy was presented as part of an executive MBA class at Harvard Business School last week. The study details the tension that this strategy has caused, and the payoffs. Goldman Sachs’ effort to become the […]
Reid Hoffman’s dad, mom, grandmother and grandfather all attended the University of California-Berkeley. When he chose Stanford University it caused a “firestorm.” He knew he would thrive in a smaller college setting. Reid Hoffman, cofounder of LinkedIn and a Greylock Partners investor, defied his whole family when he made his college choice. Eschewing tradition, he […]
Seven Ivy League football teams — Columbia, Cornell, Dartmouth, Harvard, Penn, Princeton and Yale — could tie for first place. The conference doesn’t have an end-of-season tournament to determine a sole winner. It would be the first time in Ivy League history that seven teams tied. With two weeks left in the Ivy League football […]
Florida State has indefinitely suspended the school’s 55 fraternities and sororities following the death of a pledge. In a separate incident, a student was charged for the sale and trafficking of cocaine. Many colleges and universities are grappling with hazing deaths, and seeking solutions to tamp down on abuse. Florida State University indefinitely suspended the […]
WeWork, a $20 billion startup that leases trendy millennial-friendly office spaces around the world, is getting into the business of childhood education. A spinoff called “WeGrow” will open its first school in New York City in fall 2018. The startup hopes to expand from one school to many globally. Students in the WeGrow pilot program […]
Deep Springs College is a two-year school with only 12 to 15 students per class. Student attend for free, but must work 20 hours a week to pay their way. Students hold jobs on the farm and ranch, and cook, clean, and maintain vehicles. Deep Springs College is a tiny 30-person-or-less school located in the […]
Sheryl Sandberg worked for the US Secretary of Treasury before she moved into the tech sector. She struggled to find a job at first. “I would never hire anyone like you,” Sandberg was told in an interview. Sheryl Sandberg, current chief operating officer of Facebook and founder of leanin.org, wasn’t always at the top of […]
House GOP leaders released sweeping tax legislation on Thursday. Colleges and universities will pay a 1.4% excise tax on their endowment investment income if the “Tax Cuts and Jobs Act” is passed. It’s a big change from the current system, where college endowments are not taxed. College and university endowments will be taxed under the […]