Education economy – Xing Wu http://xing-wu.com/ Tue, 07 Jun 2022 20:48:00 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://xing-wu.com/wp-content/uploads/2021/06/cropped-icon-32x32.png Education economy – Xing Wu http://xing-wu.com/ 32 32 Governor Khan to inaugurate conference on economics and development – The New Indian Express https://xing-wu.com/governor-khan-to-inaugurate-conference-on-economics-and-development-the-new-indian-express/ Tue, 07 Jun 2022 20:48:00 +0000 https://xing-wu.com/governor-khan-to-inaugurate-conference-on-economics-and-development-the-new-indian-express/

By Express press service

THIRUVANANTHAPURAM: Business leaders, senior management professionals and policymakers will share their views on current economic and development topics at TRIMA 2022, an annual management convention hosted by the Trivandrum Management Association (TMA). The event will take place at ‘O by Tamara’ on Friday.

Governor Arif Mohammad Khan will inaugurate the two-day event which will include four technical sessions. The thematic sessions will feature experts, who will share their experiences and offer ideas that can be adopted for the sustainable development of the state, with a particular focus on the capital. Presentations and panel discussions will also take place under the theme “Vision Trivandrum 2025”.

Minister of Transport Antony Raju, Minister of Food and Civil Supplies GR Anil and Minister of General Education V Sivankutty will share their views during the closing session of the meeting. CK Ranganathan, President, All India Management Association (AIMA), will be the guest of honour.

ISRO President S Somanath will receive the 2022 Management Leadership Award instituted by TMA for his contributions to the Indian space program at the inaugural event. The keynote address of the opening session will be delivered by S Unnikrishnan Nair, Director of the Vikram Sarabhai Space Center. This will be followed by the first technical session on “Sustainable Development”, where KR Jyothilal, Principal Secretary for Transport, will deliver the keynote address.

Other panelists include Dr. Anil Balakrishnan, Head of CSR, Adani Vizhinjam Port Pvt Ltd, Vineeta Hariharan, Head of Externally Supported Missions, Ministry of MSMEs, New Delhi; and Ranjith Ramakrishnan, Vice President and Regional Head, AG&P Pratham. G Vijayaraghavan, former member of Kerala State Planning Board, will be the moderator.

Employees of government and private institutions, students and the public can register as delegates to the event.

To register, contact: +91 7907933518 / 9447714672 or email: tmatvmkerala@gmail.com.

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The high and rising cost of living in Florida https://xing-wu.com/the-high-and-rising-cost-of-living-in-florida/ Sat, 04 Jun 2022 12:18:00 +0000 https://xing-wu.com/the-high-and-rising-cost-of-living-in-florida/

Gasoline. Races. Lease. Insurance.

It has become more expensive to live in Florida – much more expensive.

Overall, prices for all kinds of things are up nearly 9% from a year ago. Paychecks do not follow price increases.

The inflation is here, and it’s squeezing Floridians, especially the elderly – a huge population in this state. This particularly hurts low-income Floridians and retirees who depend on Social Security checks. And that will likely play a role in the election later this year.

In April, prices rose 8.8% in the Southeastern United States, a slight improvement from the regional inflation rate of 9.1% in March. This includes gasoline and food.

“I think, unfortunately, (inflation) is going to be there for probably another 6 to 12 months,” said University of Central Florida Institute for Economic Forecasting director Sean Snaith. “What’s happening in Florida is no different than what we see across the country. You know, maybe with the exception of the housing market.”

Home prices jumped 20.6% in March from a year earlier, according to the US National S&P CoreLogic Case-Shiller Home Price Index. But the price jumps were even bigger in Florida – up 32% in Miami, up 34% in Tampa. And Florida is also home to some of the highest annual rent increases.

This spring, more than a third of Florida households reported having difficulty paying their usual expenses. That was slightly higher than a year earlier according to the US Census Bureau’s Household Pulse Survey.

The Federal Reserve began raising its target short-term interest rate earlier this spring to fight inflation, and Snaith fears the central bank will have to keep raising borrowing costs to drive the rate of hike down. prices.

“I think the Fed, in its actions to try to get inflation down and back towards its target level of 2%, is likely to push the economy into a recession over the next 12 months,” he said. he declared.

Rapidly rising prices are hitting low-income and fixed-income Floridians faster and longer. Fueled by higher inflation, the annual increase in the cost of living for Social Security at the end of last year was 5.9% – the highest annual increase since 1982. The advocacy group Senior Citizen League think the increase at the end of this year could be 8.6%.

The average Social Security recipient receives a monthly check for $1,657. Such a boost, which the Senior Citizen League expects, would add $142 to that amount.

Florida has long been a retirement paradise with its warm climate and zero income tax. Still, former director of FSU’s Claude Pepper Center, Larry Polivka, said there are significant differences between these new Florida retirees and more experienced Floridians.

“The ‘native’ population is significantly poorer with fewer assets and savings than the people who settle here,” he said. “One of the reasons associated with this is the fact that it is disproportionately single and minority women (who already live in Florida) compared to people moving into the state.”

This week, President Biden met with Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell on Tuesday at the White House to talk about higher prices. Biden reiterated his respect for central bank independence and his efforts to bring down inflation.

Governor Ron DeSantis has frequently criticized the president’s handling of the economy. “You see interest rates going up. You’re probably going to continue to see that. It’s going to put downward pressure on the growth of the economy. And you could very well end up seeing this country plunged into a recession,” , he said on May 20. “I hope it doesn’t happen.

In February, the economy was cited as the most important issue by Florida voters, with GOP voters mentioning it slightly more often than Democrats. A more recent Florida Chamber of Commerce poll from March found inflation and gas prices to be the third most important issue after the economy and education.

“The economy always plays a big role in midterm elections and presidential elections. And no doubt this fall, it will do the same. That usually means bad news for the party in power in the White House.” said Mike Binder, head of the public opinion research lab at UNF in Jacksonville.

Democratic pollster Fernand Amandi expects Florida Republicans to pull off “a trick.” Amandi described it as the GOP focusing on inflation toward Pres. Biden and the Democrats.

“Republicans have totally controlled the state of Florida for over 20 years,” he said. “I think Democrats can shine a light on who is responsible here in Florida for discussing this as a Republican issue that they haven’t resolved to the satisfaction of voters.”

The Florida Roundup invited three Florida Republican strategists to join the program. They refused.

Copyright 2022 WLRN 91.3 FM. For more, visit WLRN 91.3 FM.

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OnPoint Community Credit Union Celebrates Largest Branch Expansion Anniversary With Special Member Promotions https://xing-wu.com/onpoint-community-credit-union-celebrates-largest-branch-expansion-anniversary-with-special-member-promotions/ Thu, 02 Jun 2022 18:30:00 +0000 https://xing-wu.com/onpoint-community-credit-union-celebrates-largest-branch-expansion-anniversary-with-special-member-promotions/

“Despite all the challenges facing our communities, we are proud to open 20 new locations and provide essential financial services,” said Robert Stuart, President and CEO, OnPoint Community Credit Union. “Access to financial services and in-person education is more important than ever as our communities continue to navigate an increasingly complex economy. Working with a community pillar like Fred Meyer allows us to meet members there where they are and to connect with them on a deeper level, so that we can fully understand their challenges and create a roadmap to help them achieve their goals.”

Special promotions and branch details

To celebrate its vast growth and the new connections it has forged with its members and community over the past year, OnPoint is offering special promotions from today until July 30 in the 20 in-store Fred Meyer branches. Specific promotions include:

  • $100 when you open a membership with a current account1
  • $50 for opening a new credit card2
  • $800 on the closing costs of a first mortgage3
  • Until $175 on a home equity line of credit4
  • 0.25% off standard consumer loan rates5
  • 0.25% APY increase on any published CD fare6

In addition to special promotions, each in-store branch will hold weekly giveaways for $100 OnPoint Visa Gift Cards. Branch staff will also be holding raffles for OnPoint-branded gift baskets and merchandise.

Access to financial services strengthens communities

OnPoint’s historic growth over the past year has helped ensure that communities that were previously underbanked or unbanked now have convenient access to financial services. Over the past three decades, the number of banking institutions decreased by 66%the nearly 18,000 branches in operation in 1984 dropping to less than 5,000 in 2021. As financial institutions continue to close, “branch deserts” have emerged in low-income and minority communities, forcing residents to travel long distances to access in-person financial services. services, according to National Coalition for Community Reinvestment (NRC).

“Working so closely with our communities, we hear time and time again how important access to in-person financial services is for individuals, families and businesses,” said Cory Freeman, vice president and regional manager, OnPoint Community Credit Union. “When a community loses access to financial services, residents may turn to more expensive and sometimes unscrupulous alternatives, such as check-cashing stores or payday lenders. Branch closures are also creating barriers for small businesses, many of which are located in communities of color. When local entrepreneurs lose access to in-person banking, it can be harder to get the loans they need to grow their business. We are pleased to fill this gap and look forward to supporting more residents and small business owners in our second year of operation within Fred Meyer stores.”

Charitable giving grows alongside branch network

As OnPoint has expanded its geographic footprint, it has also increased its support for the communities it serves, donating $2.2 million in 2021 to 304 non-profit organizations across Oregon and Southwest Washington. A new record for the credit union’s annual giving program, OnPoint’s donations focused on education, climate change, services for vulnerable groups of people, and diversity, equity and inclusion. As part of their giving efforts this year, OnPoint will donate $1,000 to 20 different non-profit organizations that serve OnPoint’s in-store branch communities. Click here to learn more about the many ways OnPoint invests in its communities.

Below is the full list of OnPoint’s 20 new in-store locations. Visit onpointcu.com/locations-atms/ to view a full list of OnPoint’s 55 branches, as well as 60,000 no-surcharge ATMs nationwide.

  • Sandy, 16625 SE 362nd Drive, Sandy, OR 97055
  • East of Gresham, 2497 SE Burnside Road, Gresham, OR 97080
  • Cornelius, 2200 Baseline Street, Cornelius, OR 97113
  • South Hillsboro, 6495 SE Tualatin Valley Highway, Hillsboro, OR 97123
  • 158th Walker Road, 15995 SW Walker Road, Beaverton, OR 97006
  • Beaverton Town Square, 11425 SW Beaverton Hillsdale Highway, Beaverton, OR 97005
  • Hollywood, 3030 NE Weidler St., Portland, OR 97232
  • 67th & Glisan, 6615 NE Glisan St., Portland, OR 97213
  • Scappoose, 51501 Columbia River Road, Scappoose, OR 97056
  • Burlingame, 7555 SW Barbur Boulevard, Portland, OR 97219
  • Tigard, 11565 SW Pacific Highway, Tigard, OR 97223
  • Tualatin, 19200 SW Martinazzi Avenue, Tualatin, OR 97062
  • Johnson’s Creek, 8955 SE 82nd Avenue, Portland, OR 97266
  • South Salem, 3450 Commercial Street SE, Salem, OR 97302
  • Albany, 2500 Santiam Highway. SE, Albany, OR 97322
  • Santa Clara, 60 Division Avenue, Eugene, OR 97404
  • Springfield, 650 Q Street, Springfield, OR 97477
  • Salmon Stream, 800 NE Tenney Rd., Salmon Creek, WA 98685
  • orchards, 7411 NE 117th Avenue, Vancouver, WA 98662
  • hazel dell, 7700 NE Highway 99, Vancouver, WA 98665

ABOUT ONPOINT COMMUNITY CREDIT UNION

Founded in 1932, OnPoint Community Credit Union is the largest credit union in Oregonserving more than 480,000 members and with assets of $9.4 billion. OnPoint membership is available to anyone who lives or works in one of the 28 Oregon counties (bent over, Clackamas, clatsop, Colombia, Cooing, Crook, Curry, Falls, Douglas, Giliam, Hood River, jackson, Jefferson, Josephine, Klamath, way, lincoln, Linn, marion, tomorrow, Multnomah, Polk, Sherman, tillamook, Wasco, Washington, Wheeler and yam hill) And two Washington counties (Skamania and clark) and their immediate family members. More information is available at www.onpointcu.com or 800-527-3932.

1: Consumer Bonus: To be eligible, individuals must open a new membership with a personal checking account and receive a direct deposit of at least $500 to this account within 60 days of the opening date. A premium of $100 will be credited to their current account approximately 60 days after opening a new account. Accounts must be open and in good standing at the time of payment to receive the bonus. As of 5/1/22, the APY (Annual Percentage Yield) for interest verification is 0.05%. APY is subject to change. $500 minimum balance for interest verification; no minimum balance for OnPoint Checking. When the average monthly interest checking balance falls below $500a $7 monthly service charges apply. Fees can reduce revenue. The bonus will be included on a 1099-INT for tax purposes. Not combinable with other offers for opening a new subscription, such as OnPoint Savers or Refer a Friend. Offer only available at Fred Meyer locations of OnPoint Community Credit Union. Offer valid until 07/30/22 and subject to change. The Fred Meyer Consumer Bonus is not available to existing members. Corporate Bonus: To be eligible, a new membership must be opened with a corporate checking account and receive $500 in deposits into this account within 60 days of the opening date. A premium of $100 will be credited to their current account approximately 60 days after opening the new account. Accounts must be open and in good standing at the time of payment to receive the bonus. The bonus will be included on a 1099-INT for tax purposes. Not combinable with other offers for opening a new subscription, such as OnPoint Savers or Refer a Friend. Offer only available at Fred Meyer locations of OnPoint Community Credit Union. Offer valid until 07/30/22 and subject to change. The Fred Meyer Trade Bonus is not available to existing members.

2. To be eligible, individuals must apply for a credit card by 7/30/22. To win the $50 bonus this must be a new Visa relationship. The bonus does not apply to existing Visa loans that are transferred or converted to a new card. Candidates who are approved by 8/15 will be credited with a bonus of $50 into their savings account on or about 8/30/22. To be eligible for this bonus offer, the credit card account must be open and not in default at the time of execution. The bonus will be included on a 1099-INT for tax purposes. Offer is only available at Fred Meyer OnPoint Community Credit Union stores and is subject to change.

3: OnPoint will waive until $800 on the closing costs of any new purchase or refinancing of a first mortgage. This offer applies to all standard OnPoint Mortgage products and cannot be combined with any other OnPoint Mortgage promotional offer. Offer only available at Fred Meyer locations of OnPoint Community Credit Union. Offer valid until 07/30/22 and subject to change.

4: OnPoint Community Credit Union will waive up to $175 on the closing costs of any new EquityFlex Line of Credit product. This offer applies to EquityFlex standard rate line of credit products and cannot be combined with any other promotional EquityFlex line of credit offer. Offer only available at Fred Meyer locations of OnPoint Community Credit Union. Offer valid until 07/30/22 and subject to change.

5: OnPoint will charge 0.25% on standard fixed APR (annual percentage rate) consumer loans. This offer excludes line of credit products, mortgage products and refinancing of existing OnPoint loans. Automatic payment from an OnPoint checking or savings account is required. This offer applies to standard consumer loan rates and cannot be combined with any other promotional consumer loan offer. Offer only available at Fred Meyer locations of OnPoint Community Credit Union. Offer valid until 07/30/22 and subject to change.

6: APY = annual percentage return. OnPoint Community Credit Union will add 0.25% to Certificate of Deposit (CD) rates. This offer applies to all OnPoint CD products and cannot be used in combination with other CD promotional offers. Offer only available at Fred Meyer locations of OnPoint Community Credit Union. Offer valid until 07/30/22 and subject to change.

Promotion period ends July 30, 2022.

Click here for the Official 2022 OnPoint Fred Meyer Branch Anniversary Prize Raffle Terms and Conditions.

SOURCE OnPoint Community Credit Union

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A wake-up call for public education https://xing-wu.com/a-wake-up-call-for-public-education/ Thu, 02 Jun 2022 13:43:02 +0000 https://xing-wu.com/a-wake-up-call-for-public-education/
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A recent national analysis contained a deeply troubling finding that has sparked little public debate when it should cause outcry: nearly 1.3 million students have left public schools since the start of the pandemic. Most states have seen declining enrollment for two consecutive years. In New York, K-12 enrollment fell 9%.

Since state education funding formulas are based on student numbers, a sharp reduction in student numbers will lead to a corresponding reduction in school budgets. It is the law of supply and demand. Otherwise, at this rate, the public will soon be paying teachers to lead half-empty classrooms.

The message to educators and elected officials could hardly be clearer: too many public schools are failing, parents are voting with their feet, and urgent, bold action is needed. So far, however, the only government response has been to spend more money – too much of which has gone to everyone but our children.

Since 2020, Congress has sent an additional $190 billion to schools, in part to help them reopen safely and avoid layoffs. But in many districts, union leaders resisted a return to classroom teaching long after it became clear that classrooms were safe. And overall, distance learning was a disaster. According to an analysis, the first year of the pandemic left students an average of five months behind in math and four months in reading, with much larger gaps for low-income schools.

It is abundantly clear that money was far from the biggest challenge facing public schools. The United States spends more per student on public education than virtually any other country, and many districts are struggling to spend all the federal funds they have received. Others splurged on sports.

Now, after students flee public schools in record numbers, states are paying more to educate fewer children. This might have been acceptable if the students showed great improvement. Instead, we pay more for failure.

Meanwhile, public charter school enrollment is moving in the opposite direction, thanks to their success, even though their federal funding hasn’t increased in the past four years. From 2020 to 2021, nearly 240,000 new students enrolled in charter schools, a 7% year-over-year increase. Many charter schools across the country have long waiting lists, and it’s no wonder. In states and cities with strong accountability laws, charters have been proven to outperform district schools in school. A recent national analysis found that districts with a higher share of charters had higher reading and math scores as well as higher graduation rates on average. Other research has shown that the benefits are especially pronounced for black, Latino, and low-income students.

Charter schools educate 7% of all public school students, yet they receive less than 1% of total federal spending on K-12 education. As more parents withdraw from traditional district schools, this imbalance should be corrected as charters struggle to afford the teachers they need to serve their growing student populations, often in low-income communities. revenue.

The idea that we would allow public charter school students from disadvantaged backgrounds to be deprived of great teachers so that we can staff shrinking schools as if they were full makes no sense – until policy is taken into account. And then it makes perfect sense, because so many elected officials are beholden to union leaders who oppose charters.

Recently, union influence over the federal Department of Education led to an outrageous proposal to erect new barriers to charter school funding. Instead of making it easier for educators to open more charters to meet parent demand, the DOE proposed doing the opposite.

After a bipartisan backlash, there are signs the ministry may reconsider the proposal. The White House should insist on that — and go further, treating public charter school students as equals in terms of funding and insisting that traditional district schools adopt the accountability standards that made charters so popular with parents. It could cause some parents who have opted for homeschooling or parochial schools to reconsider their options – and help avoid deep cuts in schools with declining populations.

Otherwise, the shameful failures of the public school system will continue, hurting another generation of the most vulnerable children. For the United States to remain the strongest economy in the world and make substantial progress on racial justice is not an outcome that Americans can afford to accept. The new registration data sends a strong signal. Schools will have to adapt to declining enrollment, either by decreasing or improving. You can’t lose the students and keep the teachers.

Michael R. Bloomberg is the founder and majority owner of Bloomberg LP, the parent company of Bloomberg News, and the United Nations Special Envoy for Climate Ambition and Solutions.

More stories like this are available at bloomberg.com/opinion

]]> Shanghai set to end 2-month COVID-19 lockdown https://xing-wu.com/shanghai-set-to-end-2-month-covid-19-lockdown/ Tue, 31 May 2022 05:18:37 +0000 https://xing-wu.com/shanghai-set-to-end-2-month-covid-19-lockdown/

BEIJING (AP) — Authorities in Shanghai announced on Wednesday they would take major steps to reopen China’s largest city after a two-month COVID-19 lockdown that strangled the national economy and largely locked down people. million people in their homes.

Full bus and subway service will be restored, as will basic rail connections to the rest of China, Vice Mayor Zong Ming said at a daily press briefing on the city’s outbreak on Tuesday.

Schools will partially reopen on a voluntary basis for students and malls, supermarkets, convenience stores and pharmacies will continue to reopen gradually with no more than 75% of full capacity. Cinemas and sports halls will remain closed.

Officials, who set June 1 as a target date for a reopening earlier in May, seem set to accelerate what has been a gradual easing in recent days. A few malls and markets have reopened and some residents have been given passes allowing them to go out for a few hours at a time. In at least some focus groups, cynicism about the slow and intermittent nature of the opening gave way on Tuesday to enthusiasm about being able to move freely. in the city for the first time since the end of March.

Shanghai recorded 29 new cases on Monday, continuing a steady decline from more than 20,000 a day in April. Li Qiang, senior official of the ruling Chinese Communist Party in Shanghai, at a meeting on Monday, reportedly said the city has made major progress in fighting the epidemic through continuous struggle.

Success had a price. Authorities have imposed a suffocating citywide lockdown as part of China’s “zero-COVID” strategy that aims to snuff out any outbreak with mass testing and isolation in centralized facilities of anyone infected.

Schools will reopen for the last two years of high school and the third year of middle school, but students can decide to attend in person. The other classes and kindergarten remain closed.

Beijing, the national capital, further eased restrictions in some districts on Tuesday. The city has imposed limited lockdowns, but nothing near a citywide level, in a much smaller outbreak that appears to be on the decline. Beijing recorded 18 new cases on Monday.

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Jim Beam column: Payday loan bill must be vetoed – American Press https://xing-wu.com/jim-beam-column-payday-loan-bill-must-be-vetoed-american-press/ Sun, 29 May 2022 12:00:26 +0000 https://xing-wu.com/jim-beam-column-payday-loan-bill-must-be-vetoed-american-press/

From time to time, Louisiana lawmakers have come to the aid of those who make so-called payday loans. Sen. Rick Ward, R-Port Allen, is this year’s champion with Senate Bill 381.

Legislation that was narrowly passed by both houses would cap finance charges at 100% of the original loan amount. That means lenders could charge up to $1,500 in fees on a $1,500 loan, for a total repayment of $3,000, according to The Advocate.

The senator said his “Louisiana Access to Credit Loans Act” would help state residents living on a paycheck make ends meet when faced with surprisingly large expenses.

Under current law, lenders can offer a loan of up to $350, due on the borrower’s next payday. The maximum the lender can make per loan is $55. Ward’s bill does not change that.

Ward sponsored another payday loan bill in 2018. It stated that the loan term could not be less than three months and could not exceed 12 months. The amount of the loan could not be less than $500 and could not exceed $875. The bill passed the Senate 20-17 but died in the House Commerce Committee.

I wrote in a June 3, 1999 column about a Bossier City woman who got one of these loans. She needed $200 for an emergency out-of-town trip and took out a two-week loan. The maximum they lent at that time was $201 and it had to be paid back in 14 days.

When a customer borrowed that $201, they had to leave a check for $246 to cover the principal and $15 in interest. The other $30 was for documentation and set-up costs. That’s an annual interest rate of over 580 percent.

“It was a little high,” the borrower said, “but when you need it, you need it.”

The Associated Press reported that there were about 30 payday loan companies in the state in 1992. This number grew to 455 in 1998 and 489 by the end of 1999.

Foster Campbell, a current member of the Louisiana Civil Service Commission, was a state senator in 1999. He said, “We’ve had 500 of these companies open since 1992 and none of them have failed. . I have never heard of such statistics. But the reason why they didn’t is because they deceive people by charging outrageous interest rates.

OK, back to Ward’s bill which passed the House 54-35, one vote more than the 53 needed. The Senate vote was 20 to 14, the exact majority he needed.

Republican senses Mark Abraham of Lake Charles and Mike Reese of Leesville voted for Ward’s bill. Sen. Jeremy Stine, R-Lake Charles, voted against. Sen. Heather Cloud, R-Turkey Creek, was recorded as absent.

GOP Representatives Ryan Bourriaque of Grand Lake, Dewith Carrier of Oakdale, Troy Romero of Jennings and Phillip Tarver of Lake Charles voted for the bill. Representatives Wilford Carter, D-Lake Charles; Charles Owen, R-Rosepine, and Rodney Schamerhorn, R-Hornbeck, voted against. Representative Brett Geymann, R-Moss Bluff, was recorded as an absentee.

The bill now awaits action by Governor John Bel Edwards. Lenders would make most of their money through monthly maintenance fees of up to 13% of the original loan amount.

Alex Horowitz, consumer credit researcher at The Pew Charitable Trusts, told The Advocate he had never seen such high fees. He said the bill would expose Louisiana consumers to financial harm, rather than creating an affordable loan market. Horowitz said seven of the nation’s 12 largest banks have launched or announced programs to provide small dollar loans to customers.

Kenneth Pickering twice served as Louisiana’s chief banking regulator. He said he had no idea what the maintenance fee even covers. “Once a loan is on the books, there’s nothing left to maintain,” he said. Pickering calls it more interest.

Stanley Dameron, Commissioner of the Office of Financial Institutions, said: “Some of the people applying for these loans might not qualify from your bank, but they certainly would from a credit union or finance company. “

Pelican State Credit Union’s Jessica Sharon told lawmakers that credit unions were explicitly created to help people of modest means.

Even an official from a state association that represents payday lenders said Ward’s new product was unnecessary. He said the loans are already available in Louisiana at a fraction of the cost. “It’s greed and arrogance at the highest level,” he said.

Ward’s bill is certainly a strong candidate for a gubernatorial veto.

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Education experts worry about Queensland high school students dropping out of arts subjects over ATAR result https://xing-wu.com/education-experts-worry-about-queensland-high-school-students-dropping-out-of-arts-subjects-over-atar-result/ Sat, 28 May 2022 21:24:22 +0000 https://xing-wu.com/education-experts-worry-about-queensland-high-school-students-dropping-out-of-arts-subjects-over-atar-result/

Eden Gray entered college this year with an impressive ATAR, earned in part with arts subjects in high school, but her path is shrinking as students turn to science subjects in the belief that they will graduate. ranking.

The 18-year-old earned an ATAR of 95.35 after studying Music, Music Popularization, Drama, Literature, Specialist Mathematics and Mathematical Methods at Stretton State College in Brisbane last year.

She plays saxophone and percussion and participated in six musical ensembles during her studies.

“I personally didn’t like science…it would have caused a lot of stress,” she said.

“They brought joy to my 12th year.”

But educators and creative industry leaders are worried about the future of some arts and humanities subjects in Queensland high schools, as students are dropping them en masse in the belief that they will achieve a higher ATAR with science subjects.

44% drop in arts enrollment

In 2012, data from the Queensland Curriculum and Assessment Authority (QCAA) revealed that 23,035 Year 12 students were enrolled in one of five arts subjects, which include music, visual arts, drama, dance and cinema, television and new media.

Last year, there was only a total of 12,772 registrations, a drop of more than 44%.

Humanities subjects also experienced a reduction in class size over the same period.

While there had been slight increases in enrollment in philosophy and economics, there were significantly fewer enrollments in geography, ancient and modern history, and legal studies in 2021 compared to 2012.

In the six social studies subjects, the number of 12th graders over the same period fell by around 6,000 or 20%.

Meanwhile, QCAA data also revealed that year 12 engineering enrollment had more than doubled from 630 students in 2012 to 1,359 students in 2021, while enrollment in physics, chemistry and biology fell 7%.

Drama Queensland chair Stephanie Tudor said one of the biggest drops in arts enrollment has coincided with the introduction of the ATAR system.

“In drama alone, we went from 6,500 students in 2012 to around 3,000 students in year 12 last year, and the biggest drop was between 2017 and 2019 when the new QCE (Queensland Certificate of Education) and ATAR has been introduced,” says Ms. Tudor.

Lower scaling of art subjects

ATAR is a mechanism used across Australia for university admissions.

It is a number between 0 and 99.95, measured on a student’s best academic performance, which indicates their position in relation to other students in their age group.

The higher the ATAR, the higher the ranking. As part of the process of calculating an ATAR, subjects are scaled.

The decline in arts and humanities enrollment has been attributed to the introduction of ATAR.(ABC News: Nicole Chettle)

For example, a student who scores 80% on an assessment may find that their score is actually worth less (or more) than 80%, depending on the subject scale.

This scaling can change from year to year, depending on a cohort’s grades and subject choices, but in two years of ATAR in Queensland, arts subjects have generally declined, while scientists have generally increased.

“What we’re seeing is that arts subjects are at an all-time low as an area of ​​learning,” said Rachael Dwyer, senior lecturer in curriculum and pedagogy at the University of the Sunshine Coast. and Co-Chair of Queensland Advocates for Arts Education.

A self-fulfilling prophecy

Stephanie smiles.
Drama Queensland president Stephanie Tudor said some students who excel in the arts do not choose to study arts for the sake of subject scaling.(Provided: Stephanie Tudor)

Dr Dwyer and Ms Tudor said the message that comes from ‘scaling up subject areas’ drives high-achieving students away from the arts, even if students excel in those areas.

“I think as parents and students try to understand the system, they drift away from topics that are perceived as ill-suited,” Ms Tudor said.

Brisbane Girls Grammar School principal Jacinda Euler said there was too much emphasis on the impact of subject scaling.

“It leads to bad choices,” she said.

“The reality is that any subject you pursue in high school, if you do very well at the top of that subject, scaling will have minimal impact.”

Jacinda smiled at her desk.
Jacinda Euler, director of Brisbane Girls Grammar, says the focus on scaling subjects can lead to “poor choices”.(ABC News: Sally Eeles)

Queensland Advocates for Arts Education and Drama Queensland are working with education stakeholders QCAA and QTAC to see if they are “doing all they can to ensure the scale measurement is valid and that it is adequate comparison between subjects”.

“We need to…ensure that the arts are valued in schools and that students who take arts subjects in schools are rewarded for their efforts,” said Dr Dwyer.

Moving forward in life after school

The QCAA, which is responsible for curriculum development and testing in schools, said the drop in arts and humanities enrollment over the past decade has also coincided with more students turning to applied and professional subjects.

Ms Euler agree that vocational education and training has become more sought after.

Ms Tudor said the hardship caused by the pandemic has played a role in deterring students from pursuing careers in the creative industries, with artists, crew and venue staff out of work.

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Rachael Dwyer says arts subjects teach you creativity, collaboration, and thinking for yourself.(Provided: Rachael Dwyer)

Arts education experts also believe that the declining popularity of the arts is a consequence of a broader societal trend to promote science, technology, engineering and math (STEM).

“Over the past decade we have seen a very strong push for STEM education,” Dr. Dwyer said.

While she said these subjects are important for a strong economy and workforce, they “miss out” on the creativity and collaboration that arts subjects foster.

In June 2020, then Federal Education Minister Dan Tehan announced plans to offer cheaper college degrees for jobs in engineering, science, health, computing and education, while degrees in the humanities, social sciences, communications and law would become more expensive.

The newly sworn in Albanian government has yet to indicate any change in the cost of university degrees.

Different pathways to university

Ms Gray, who plans to become a teacher, is now a freshman at QUT, studying a dual degree in education and fine arts, with a major in music.

Despite her high ATAR, Ms. Gray’s acceptance into the fine arts was based on an audition.

Eden plays the saxophone
Eden Gray did not use her ATAR result to enter university where she is majoring in music.(ABC News: Lucas Hill )

Dr Dwyer said that of the 241,000 students who applied to college last year, 61% of them did not use their ATAR as their means of college entry.

They were granted “early entry” on the basis of their academic results or other qualifications, or were accepted on the basis of a portfolio of work or an audition.