A Rise in Wealth for the Wealthy; Declines for the Lower 93% An Uneven Recovery, 2009-2011 By Richard Fry and Paul Taylor During the first two years of the nation’s economic recovery, the mean net worth of households in the upper 7% of the wealth distribution rose by an estimated 28%, while the mean net worth of households in the lower 93% dropped by 4%, according to a Pew Research Center analysis of newly released Census Bureau data. From 2009 to 2011, the mean wealth of the 8 million households in the more affluent group rose to an estimated $3,173,895 from an estimated $2,476,244, while the mean wealth of the 111 million households in the less affluent group fell to an estimated $133,817 from an estimated $139,896. These wide variances were driven by the fact that the stock and bond market rallied during the 2009 to 2011 period while the housing market remained flat. Because of these differences, wealth inequality increased during the first two years of the recovery. About the Report The terms “wealth” and “net worth” are used interchangeably.
THE GREAT DIVIDE - Opinionator The French economist Thomas Piketty swept across the United States last week with a dire warning: Income inequality isn’t going to go away, and it probably will get worse. Only policies that directly address the problem — in particular, progressive taxation — can help us change course. At a panel discussion in Washington of Piketty’s new blockbuster, “Capital in the Twenty-First Century,” the American economist Robert Solow, who served on President Kennedy’s Council of Economic Advisers, took the long view as he formulated his response to the idea of trying to democratize ownership of capital in our country. “Good luck with that,” he said. Most people, asked whether parental involvement benefits children academically, would say, “of course it does.” Over the past few years, we conducted an extensive study of whether the depth of parental engagement in children’s academic lives improved their test scores and grades. Javier Jaén When the G.I. Something else began to happen around 1980.
Class-Based vs. Race-Based Admissions But a crucial premise of the class-over-race argument is wrong. It is not possible to maintain the same level of racial diversity in higher education while applying a race-blind admissions policy. Class-based admissions generally reduce the number of black and Hispanic students. To maintain or build the levels of racial diversity on selective campuses, it is necessary to maintain race-conscious admissions. While there are higher shares of blacks and Hispanics among low-income Americans, their smaller shares of the whole population mean that whites make up by far the largest portion of low-income families. Class-based policies can maintain the share of blacks and Hispanics at selective colleges and universities only if admissions policies also give an advantage to blacks and Hispanics that is not race-blind. Maintaining race-conscious admissions contributes significantly to campus diversity, while serving racial and social justice.
wealth gap and Congress Notes on the wealth gap and Congressional wealth. Edward_ Winkleman blog had this graph. It's a representation of the financial wealth distribution of the US as percentage of Congress (House and Senate): Clearly, these representatives/leaders do not look like the 99% of Americans! Winkleman points out that In 2008, the minimum net worth of House Members was just over 1 billion. At the end of his post, Winkleman raises the question (and I think legitimately so) of why we think these representatives/leaders, given their wealth bracket, should care about the "99%" since voting to raise taxes on the wealthiest likely means a vote to raise taxes on themselves...
Reforming the Teacher Profession: From Consequences to Collaboration | NewAmerica.net Much of the discussion around the President’s 2014 education budget has centered on proposed initiatives for universal pre-K and a $1 billion Race to the Top competition for college affordability and completion. Compared to these bold new proposals, K-12 education seems to have drawn the short straw. The U.S. Department of Education could see some new or expanded programming for K-12 – additional money for the Promise Neighborhoods program, a new competitive grant competition for high school redesign, and an expanded School Turnaround Grants program – but nothing like what it has outlined for very young and adult learners. The lack of banner initiatives for K-12 belies the attention that the Department has paid to the issue of teacher professionalism and evaluation over the past year. We would be remiss not to mention that issues of teacher evaluation and accountability have stirred a lot of public attention this year.
Economic Diversity Among the Top 25 Ranked Schools | Rankings | Top National Universities Economic diversity has received growing attention in higher education, particularly at elite schools that haven't traditionally enrolled large numbers of low-income students or students from low-income families. This table shows the percentage of undergraduates receiving federal Pell Grants for low-income students. The proportion of students on Pell Grants, which are most often given to undergrads with family incomes under $20,000, isn't a perfect measure of an institution's efforts to achieve economic diversity: A college might enroll a large number of students just above the Pell cutoff, for instance, and percentages at public universities may reflect the wide variation from state to state in the number of qualified low-income students. Still, many experts say that Pell figures are the best available gauge of how many low-income undergrads there are on a given campus.
US income inequality at record high 10 September 2013Last updated at 15:06 ET One street in St Louis, Missouri, has been known to residents as the "dividing line" The income gap between the richest 1% of Americans and the other 99% widened to a record margin in 2012, according to an analysis of tax filings. The top 1% of US earners collected 19.3% of household income, breaking a record previously set in 1927. Income inequality in the US has been growing for almost three decades. Overall, the pre-tax incomes of the top 1% of households rose 19.6% compared to a 1% increase for the rest of Americans. And the top 10% of richest households represented just under half of all income in the year, according to the analysis. Emmanuel Saez at the University of California, Berkeley, one of the economists who analysed the tax data, said the rise may have been in part because of sales of stock to avoid higher capital gains taxes in January. "Therefore, it seems unlikely that US income concentration will fall much in the coming years."
An Ocean of Unknowns Click here to view PDF What is the best way to use data to measure teacher impact on student learning? States and school districts are attempting to navigate these uncharted waters. As of 2012, 20 states and DC require evidence of student learning to play a role in evaluating teacher performance. As a result, better information on student learning is in high demand, and no grade level is immune. Historically, most states have required standardized testing only in grades three through eight. Determining growth measures for these grades is among the most complex pieces of teacher evaluation reform. This paper provides a snapshot of how student achievement data are being used in teacher evaluation systems today and illuminates the issues causing states and school districts the most struggles. Sources: New America Foundation; National Council on Teacher Quality; Education Week; U.S. The first approach, student learning objectives (SLOs), centers on a teacher's students. Risks with SLOs:
Better Colleges Failing to Lure Talented Poor The pattern contributes to widening economic inequality and low levels of mobility in this country, economists say, because college graduates earn so much more on average than nongraduates do. Low-income students who excel in high school often do not graduate from the less selective colleges they attend. Only 34 percent of high-achieving high school seniors in the bottom fourth of income distribution attended any one of the country’s 238 most selective colleges, according to the analysis, conducted by Caroline M. The findings underscore that elite public and private colleges, despite a stated desire to recruit an economically diverse group of students, have largely failed to do so . Many top low-income students instead attend community colleges or four-year institutions closer to their homes, the study found. Whatever the reasons, the choice frequently has major consequences. These students, Ms. “If there are changes to how we define diversity,” said Greg W. Ms.
Freebies for the Rich Max Russell had always been a conscientious student, but when his father died during his junior year of high school, he had to take on a 25-hour-per-week job to help his family pay the bills. The gig inevitably ate into the time he spent on homework, and Russell’s G.P.A. plummeted from 3.5 to 2.5, which complicated his ability to get the aid he needed to attend a four-year college. So he ended up at Ivy Tech Community College in Indianapolis. Last year, after finally qualifying for student loans and cobbling together some grant money, he transferred to Purdue University, one of the state’s top public schools. At Purdue, Russell reconnected with Christopher Bosma, a friend from high school. Photo Over the years, many state-university systems — and even states themselves — have shifted more of their financial aid away from students who need it toward those whose résumés merit it. Schools don’t seem to mind.
Promoting Data in the Classroom Click here to view PDF This report explores the use of student achievement data to improve classroom instruction. The paper, Promoting Data in the Classroom: Innovative State Models and Missed Opportunities , highlights examples from two states, Oregon and Delaware, of federally funded, state-driven efforts to equip teachers with the tools they need to utilize student data. The No Child Left Behind Act launched a decade of development in state educational data systems, and since its passage, states and school districts have produced reams of student achievement data each year. This report from the New America Foundation offers federal policymakers a view into two states’ federally funded efforts to implement data systems that work for teachers. The report includes: The federal government requires the collection of significant amounts of student data, but fails to provide any coherent policy to provide those data to teachers or to encourage teachers to use the data in classrooms.
When the melting pot boils over - School choice Alisa Rivera with her husband and their son, Nathan. By Carol Lloyd “It was like a Jerry Springer show,” recalls Michelle Lutz of the school meeting when a mother began shouting about “equity issues” with the principal cheering her on. By then the school had become a tinderbox of vitriol and hurt feelings where the middle-class parents joining a community of mostly low-income African-American and Latino families had catalyzed what experts call a “diversity crisis.” Schools have always been places where emotions run high, but never more so than when they travel the deeper arteries of equity, class, and culture. As the anxiety about educating your child ratchets up, poisoned by budget cuts and child-eat-child college competition, many middle-class parents enter public schools with a dogged determination to improve them. “Public schools are like an endangered species,” says Amy Wells, professor of education at Columbia University. Democracy's petri dish Urban suburban boomerang
This map shows where the world’s 30 million slaves live. There are 60,000 in the U.S. Share of each country's population that is enslaved. Click to enlarge. Data source: Walk Free Global Slavery Index. (Max Fisher/The Washington Post) We think of slavery as a practice of the past, an image from Roman colonies or 18th-century American plantations, but the practice of enslaving human beings as property still exists. There are 29.8 million people living as slaves right now, according to a comprehensive new report issued by the Australia-based Walk Free Foundation. This is not some softened, by-modern-standards definition of slavery. The country where you are most likely to be enslaved is Mauritania. The map at the top of this page shows almost every country in the world colored according to the share of its population that is enslaved. A few trends are immediately clear from the map up top. Then there are the worst-affected regions. Two other bright red regions are Southeast Asia and Eastern Europe. The number of slaves in each country.
Common Core State Standards Welcome to the Share My Lesson Information Center for the Common Core State Standards. As well as a wealth of facts and statistics about the standards, you'll also be able to find aligned curricula and lesson plans, the latest news on the Common Core and relevant videos and links. In addition, you can access expert advice and opinions in our Common Core Forum, where you can ask or answer questions on the standards. The Common Core State Standards will require big transitions and changes to the professional lives of educators and we want to help. In the meantime, feel free to upload your resources and let us know which of the standards they are aligned to. CCSS Forum Join the conversation about the Common Core and what it means for America's classrooms CCSS Forum