Tag Archives: technology

Chicago Booth Professors Discuss Top Economic Challenges Facing the New President


Early this year, University of Chicago Booth School of Business professors Amir Sufi, Marianne Bertrand, and Randall S. Kroszner convened at the New York Hilton Midtown to talk about the top economic challenges facing Donald Trump, the current President of the United States. North America Business Correspondent for BBC News, Michelle Fleury moderated Economic Outlook discussion which focused on declining social mobility, economic inequality and globalization as tied to education levels, high student debt and uncertainty in the labor markets.

Key highlights included:

· Increased productivity need. In 2017, we can expect to see 3% GDP growth or less. The new […]

Report Sheds Light on Higher Education and Income Mobility

There is plenty of data suggesting that education, particularly a college or university degree, leads to higher incomes. Less is known about the impact of higher education — and specific schools — on socioeconomic mobility, that is, moving from one “rung” of the income ladder to another.

A new study by The Equality of Opportunity Project sheds valuable light on this question: Which colleges in America contribute the most to helping students climb the income ladder?

Many Elite Colleges Have Chosen Affordability Over Access Researchers found that poor students who attend top (i.e. selective or elite) colleges do about as […]

In Major Study on Student Economic Mobility, Woodbury Ranks 36th Nationally and 7th in California


In a major new study by high-level academics and reported in-depth by The Upshot/New York Times earlier this month, Woodbury University has emerged as a national and statewide leader in student economic mobility, the university said today. Addressing economic diversity and student outcomes, the study , originally published on Jan. 18, examined millions of anonymous tax filings and tuition records for “Mobility Report Cards: The Role of Colleges in Intergenerational Mobility,” from The Equality of Opportunity Project . The study defines “mobility rate” as the portion of a college’s students who come from a family in the bottom fifth […]

In Major Study on Student Economic Mobility, Woodbury Ranks 36th Nationally and 7th in California


With Much of the Student Population Coming from Lower 60% Income Brackets, ‘Equality of Opportunity Project’ Analysis Shows Significant Movement

BURBANK, Calif. (PRUnderground) January 31st, 2017 In a major new study by high-level academics and reported in-depth by The Upshot/New York Times earlier this month, Woodbury University has emerged as a national and statewide leader in student economic mobility, the university said today.

Addressing economic diversity and student outcomes, the study , originally published on Jan. 18, examined millions of anonymous tax filings and tuition records for “Mobility Report Cards: The Role of Colleges in Intergenerational Mobility,” from The Equality of […]

In the Age of Trump, Cities Will Lead the Way Toward Increased Economic Opportunity

New York Anti-Trump Protestors

Demonstrators hold aloft signs at the conclusion of a rally near Trump Tower in New York City on November 12, 2016. (AP / Albin Lohr-Jones) This fall’s election highlighted a deep undercurrent of anxiety that the American Dream is eroding.

People have real reason to be worried. New data from Stanford’s Raj Chetty illustrates that with every passing decade since the 1940s, Americans have become less and less likely to out-earn their parents.

Donald Trump tapped into that anxiety to great effect. But blaming immigrants, weakening labor unions, eliminating health care coverage for millions of Americans, privatizing infrastructure, and rolling back […]

Trump’s Consequential Economic Agenda


The relatively older voters who sent Donald Trump to electoral victory spent their formative years in the economically dominant America of the 20 th Century. They also grew up in a global economy dominated by large industrial manufacturers who provided unprecedented prosperity to the blue-collar workers they employed.

Today, the world looks very different from these voters’ vantage points. The economic liberalizations of China and India have helped lift nearly a billion people out of poverty in the last quarter-century alone. But the very success of these emerging markets has left many in America feeling like their relative standing has […]

America’s Great Working-Class Colleges


The heyday of the colleges that serve America’s working class can often feel very long ago. It harks back to the mid-20th century, when City College of New York cost only a few hundred dollars a year and was known as the “Harvard of the proletariat.” Out West, California built an entire university system that was both accessible and excellent.

More recently, these universities have seemed to struggle, with unprepared students, squeezed budgets and high dropout rates. To some New Yorkers, “City College” is now mostly a byword for nostalgia.

It should not be.Yes, the universities that educate students from modest […]

6 stunning pre-fab homes across North America

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The eHab house in Seattle, Washington. Michael Cole Many people are increasingly opting for houses that are pre-fabricated, in which the majority of the construction happens off-site. Some see pre-fab as the future of home-building , because the process takes less time, money, and resources that traditional on-site home construction.

A new book by Sheri Koones, " Prefabulous Small Houses ," showcases dozens of beautiful homes with pre-fab construction. She shared her favorite houses in the book with Business Insider, which range in size from 350 to 2,300 square feet.

Check them out below. Measuring 352 square feet, the Casita Invierno […]

Opinion: It’s time to call it – the American Dream is dead


For nearly a century, the narrative within the United States has been a consistent one: Through hard work and egalitarianism, Americans are afforded the chance to succeed. Born in the shadows of the Great Depression and an extension of exceptionalism, the American Dream has shaped this country’s economic ideologies since the term was coined in the early 1930s.

When James Truslow Adams initially wrote about the American Dream in his book, The Epic of America, he argued the U.S. is “a land in which life should be better and richer and fuller for everyone, with opportunity for each according to […]

Why Cal State L.A. turns most low-income students into top earners


The son of Mexican immigrants, Mr. Pla moved to Los Angeles’s Boyle Heights neighborhood at 5 years old. One of five children growing up on the $100 a month his father earned doing construction work in the 1950s, Pla says he always dreamed of attending “the college on the hill.”

That college was California State University, Los Angeles, a mid-tier public university that he credits with his rapid ascent up the income ladder.

The latest news straight to your inbox.“Without Cal State L.A., I’m nowhere,” says Pla, who initially got his foot in the door at an East Los Angeles community […]