Fed gov't report to colleges: Require financial literacy courses to slow student loan crisis

A multi-agency government commission has released a report recommending colleges offer mandatory financial literacy programs to educate students on loans and college debt.

The report, “Best Practices for Financial Literacy and Education at Institutions of Higher Education,” was produced by the U.S. Financial Literacy and Education Commission (FLEC). The commission is comprised of 23 government departments, including the departments of Treasury, Labor, Education, Defense, and the White House Domestic Policy Council. 

The report estimates that more than 43 million individuals in the U.S. collectively owe more than $1.5 trillion in student loan debt. 

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“Helping students and their families avoid the pitfalls associated with financing higher education, and empowering them to make optimal financial choices, should be a priority of all institutions of higher education,” the report introduction states. “In order to provide guidance to these institutions, this report establishes best practices for teaching financial literacy and providing information about making financial decisions.”

In addition to suggesting mandatory financial literacy courses, the report officially recommends the integration of financial literacy into the core curriculum of universities, peer educators of financial literacy to be incorporated in colleges, as well as encouraging institutions to communicate financial information more frequently to students.

“Institutions should communicate with students about financial topics more often than upon entrance and exit,” the report recommends. “Financial education might be provided before the start of classes, and as early as acceptance, and be provided in courses throughout the student’s educational experience.”

[RELATED: Grads from Ivy League schools pay least in student debt]

“In addition to or instead of orientation or student success, financial education could also be part of courses to meet general education or distributional requirements, such as quantitative reasoning and/or social studies,” the FLEC report continues. “Institutions could follow the lead of elementary and secondary schools by integrating financial education into math, economics, civics, other social studies, and business and family education courses.”

While th

Read more: https://www.campusreform.org/?ID=13342

Calif. high school paper slams 'competitive,' 'goal-oriented' mindsets of grads

A prestigious high school in California will no longer publish a map highlighting its graduates’ post-graduation plans because editors of the student newspaper feel it encourages a “toxic” culture.

Palo Alto High School is renowned for producing celebrities like actor James Franco and recent NBA champion Jeremy Lin. But in May, the five student editors of the school paper, the Campanile, announced that they were choosing to stop publishing the map, claiming that it “contributes to the toxic, comparison-driven culture” at their school, The Washington Post reported.

“Though its intended purpose was to celebrate the post-graduation plans of every senior, the reality is the map contributes to the toxic, comparison-driven culture at Paly,” the editors said in a May Campanile  post.

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“Our community fosters a college-centric mindset which erodes one’s sense of value and can lead to students with less traditional plans feeling judged, embarrassed or underrepresented,” the Palo Alto editors continued. “This worldview sets the bar for achievement extremely high and punishes anyone who falls short.”

The editors stated that they would replace the map with quotes from school community members “on the culture at our school and alternative post-graduation paths.”

In an April post, the editors slammed a "goal-oriented student mindset" at the school.

"It is undeniable that the culture within the student body can be improved. Whatever you wish to call it — toxic, competitive, cut-throat — the dynamic set by skewed values can result in students missing out on a crucial part of the high school experience: building relationships, discovering passions and developing soft skills," they said. 

"Paly fosters a goal-oriented student mindset, and we often allowed this mindset to dictate our own self-worth and our view of our peers," they said. As seniors, we have emerged from the dark cloud of the college admissions process and have witnessed firsthand the way that it erodes one’s sense of value and place," they added.

In an interview with Campus Reform, Cole Sotnick, a recent graduate of Palo Alto High School, stated: “I personally believe that the college map represents the incredible intellect and hard work of our clas

Read more: https://www.campusreform.org/?ID=13339

Bill Maher on Oberlin College: SJWs 'are finally finding that maybe there's a price to pay'

Comedian Bill Maher weighed in Friday on one of the most recent defeats for social justice warriors, particularly those at Oberlin College.

As Campus Reform previously reported, Oberlin College in Ohio was ordered to pay a total of $44 million in compensatory and punitive damages after it allegedly libeled a local family-owned business, Gibson's Bakery, which relies heavily on the Oberlin campus community for its business. 

“[Gibson’s] is a RACIST establishment with a LONG ACCOUNT of RACIAL PROFILING and DISCRIMINATION," one flyer that was allegedly passed out by multiple college faculty members read. The college's criticism came in response to a 2016 shoplifting incident, involving three minority individuals, one of whom eventually pleaded guilty. 

A police investigation found that of the 40 individuals arrested for shoplifting in the past five years, just six of them were black. 

[RELATED: Cornell law prof: Oberlin bakery onslaught an 'example of the mob not waiting for facts']

In an exclusive interview with Campus Reform, Cornell law professor William Jacobson said the kneejerk reaction was "another example of the mob not waiting for the facts to come out." On Friday, Maher suggested the jury's decision in the Oberlin case goes to show that those who rush to judgment without knowing the facts are not immune to consequences. 

"Social justice warriors ... are finally finding that maybe there's a price to pay," Maher said, moments before referencing the Oberlin bakery. 

One of Maher's panelists, New York Times columnist Bari Weiss, also weighed in on the controversial topic. 

[RELATED: Oberlin College just learned a $44 MILLION lesson]

"For too long a lot of people have said 'what goes on on campuses is excessive and crazy but who gives a sh*t?'" Weiss pointed out. 

"Well, this bakery cared because it ruined them," the Times columnist added. 

Campus Reform contacted Gibson's Bakery for comment and was referred to the family's attorneys. Campus Reform did not receive a comment from the attorneys in time for publication. 

Read more: https://www.campusreform.org/?ID=13340

UC System bashes Trump admin after losing $2 million fetal tissue research grant

The University of California System released a statement supporting fetal tissue research in response to the Trump administration’s new restrictions on the practice.

In a June 5 statement, the UC Office of the President said that the research gained from using fetal tissue was important and that the new restrictions are a step in the wrong direction.

“The Trump administration dealt a blow today to scientific discovery and medical advancement," the statement reads. "Fetal tissue research has helped find cures for millions of Americans who suffer from debilitating diseases while improving the quality of life for others. It has fundamentally changed the practice of medicine — including advances in polio, measles and chickenpox vaccines — as well as treatments for Parkinson’s and rheumatoid arthritis, and cutting-edge research on HIV and Alzheimer’s disease."

“The importance of fetal tissue research cannot be overstated, and today’s action is a step backward for science. The University of California will continue to fight for the critical lifesaving research that Americans have come to expect and rely on from our nation’s scientific community," the statement continues. 

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According to the New York Times, the Trump administration announced June 5 that it would pull back spending on medical research that used fetal tissue from abortions. Specifically,  the Department of Health and Human Services, according to the report, said it was canceling a $2 million per year contract with the University of California-San Francisco to conduct fetal tissue research.

Sam Hagwood, the University of California-San Francisco Chancellor, took it a step further, saying he disagrees with the decision made by the Trump administration.

“UCSF strongly opposes today’s abrupt decision by the U.S. Department of Health and Human Services (HHS) to discontinue intramural fetal tissue research by scientists at the National Institutes of Health (NIH),” Hagwood said. “The efforts by the administration to impede this work will undermine scientific discovery and the ability to find effective treatments for serious and life-threatening disease. Fetal tissue is used in important research aimed at discovering cures for illnesses that affect the lives of millions of Americans,

Read more: https://www.campusreform.org/?ID=13338

Student murdered after pressure on police to pull back

A North Carolina university is getting sued by a mother of a black student shot and killed at a campus party after the university, pressured by allegations of racial bias, scaled back police presence.

The mother of Najee Ali Baker, a Winston-Salem State football player, is suing Wake Forest University, claiming that the decision to reduce the police presence at campus parties after complaints that campus cops were racially biased led to the shooting at a January 2018 party.

"Due to the new lax security, countless people who were neither students at WFU, WSSU, nor any other institution of higher education in the area, wrongly gained entry to WFU’s campus and the party at The Barn,” the lawsuit states.

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“While we cannot speak to the specific details of the criminal act that occurred on campus, the tragic shooting of Najee Ali Baker was not related to the level of security at the event,” Wake Forest spokeswoman Katie Neal told the College Fix.

Wake Forest College Democrats did not respond to a request for comment in time for publication. The school’s College Republicans chapter declined to comment on the lawsuit but directed Campus Reform to former WFU student Ryan Wolfe, who sent an op-ed he wrote for The Wake Forest Review.

“Years before the tragic shooting outside of a Delta Sigma Theta party a few weeks also, the Office of Campus Life made policy choices [which] handcuffed the Wake Forest University Police Department’s ability to proactively police on our campus,” Wolfe said in the February 2018 piece.

[RELATED: Petition: Yale must disarm police and donate to BLM]

“The Wake Forest Police Department’s job is not to be the most diverse and inclusive on our campus, their job is to keep Wake Forest students, faculty, staff and visitors safe from the dangers that lurk outside our walls.” 

Follow the author of this article on Twitter: @conservative013

Read more: https://www.campusreform.org/?ID=13337

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