Posts Tagged ‘University of Michigan’
Sunday™ Reading™ Accept No Substitutes®
* Put the Student Union of Michigan in charge! In the end, the university’s rationale for the campaign relies heavily on a narrative of state defunding. For example, as a Detroit News article relates, “President Mary Sue Coleman called the campaign ‘audacious’ and said no gift is too small since universities need philanthropy with states no longer able to support them to the degree they must for schools to be globally competitive.” This narrative seems difficult to square with the actual role of the endowment in funding university operations. The endowment contributes only 4.5% (of its total holdings) to the general operation funds of university each year. The principal stays invested. Thus, if we look at the breakdown of revenue sources at the university in 2010 the endowment contributed only $253 million. Student tuition however generated over $1 billion, while state funding totaled $315 million. The endowment clearly has very little to do with making up for lost state funding. Its purpose lies elsewhere. And that elsewhere is in the university’s move to behave more and more like a hedge fund, mobilizing donated capital to secure new revenue streams. It does this by taking advantage of its tax-exempt status to build up a hoard of money that it then invests around the world in shady funds and places it would rather the university community did not know about. In so doing, the university is slowly becoming an important player on Wall Street but to play with the “big boys” it needs more and more capital, which requires constant fundraising campaigns. This money is destined for investment not students. Little of it will ever reach students in the form of scholarships or be used to offset increases in tuition. (via)
* Meanwhile: The University of California Invests in Prisons.
* Yanis Varoufakis on ponzi austerity.
Whereas in standard Ponzi (growth) schemes the lure is the promise of a growing fund, in the case of Ponzi austerity the attraction to bankrupted participants is the promise of reducing their debt, so as to liberate them from insolvency, through a combination of ‘belt tightening’, austerity measures and new loans that provide the bankrupt with necessary funds for repaying maturing debts (e.g. bonds). As it is impossible to escape insolvency in this manner, Ponzi austerity schemes, just like Ponzi growth schemes, necessitate a constant influx of new capital to support the illusion that bankruptcy has been averted. But to attract this capital, the Ponzi austerity’s operators must do their utmost to maintain the façade of genuine debt reduction.
* “I am as American as April in Arizona”: Nabokov interviews at The Paris Review.
* Student Debt is Crushing the Economic Future of the Young.
* Joyless Nihilism: Adam Kotsko on the Abramsverse Star Trek, Family Guy, and zombie postmodernism.
* The Life and Times of an Aging Superhero Captured in Oil Paintings by Andreas Englund.
* In education, the problem is still poverty.
* America is a country made possible by hucksterism and carnival buncombe.
* Naomi Klein: How science is telling us all to revolt.
* The environmental scandal that’s happening right beneath your feet.
* And the Philippines estimates at least 10,000 died from super typhoon. No words.
Wednesday Night!
* “A game that demands you do meaningless, inexplicably stupid things to progress”: Poison Tree: A letter to Niko Bellic about Grand Theft Auto V.
* I need to tell you up front: I do not write recommendations for Teach for America. I believe doing so is immoral and damaging to children, to schools, to the teaching profession, and to this country. I was a TFA corps member myself, and now I am an active member of the TFA resistance movement. I urge you to please reconsider applying to TFA.
* “You’re a lawyer. You know you can’t tweet stuff like that and expect to get on an easyJet flight.”
* Black Enrollment Falls 30 Percent At University of Michigan After Affirmative Action Ban.
* Remember The Tar Sands Leaks That No One Knew How To Stop In July? They’re Still Leaking.
* College endowments making mad mad money.
* Why Do We Tolerate Revenge Porn?
* Revealed: Qatar’s World Cup ‘slaves.’
* Durham chosen for Google hub.
* And congratulations, University of Wisconsin, Playboy’s #2 party school.
Lots of Thursday Links! The University in Ruins, How to Predict the Future, Lesbian Science Fiction, and More
* Five Katrinas A Decade? Warming Projected To Boost Extreme Storm Surges Ten-Fold.
* Cause of windfarm sickness identified: it’s spread by human mouth.
* “If our universe was a simulation you could totally tell. There’d be things like a fastest possible speed or a smallest possible size or a lowest possible temperature, or events wouldn’t actually be computed until they were observed by a player (you know, for computational efficiency).”
* Nicola Griffith recommends good lesbian science fiction novels.
“During a summer in the late 1960s I discovered an easy and certain method of predicting the future. Not my own future, the next turn of the card, or market conditions next month or next year, but the future of the world lying far ahead. It was quite simple. All that was needed was to take the reigning assumptions about what the future was likely to hold, and reverse them. Not modify, negate, or question, but reverse.”
* The number of Purdue administrators has jumped 54 percent in the past decade—almost eight times the growth rate of tenured and tenure-track faculty. “We’re here to deliver a high-quality education at as low a price as possible,” says Robinson. “Why is it that we can’t find any money for more faculty, but there seems to be an almost unlimited budget for administrators?”
* Recent Deep State Higher Education Cuts May Harm Students and the Economy for Years to Come.
* Wayne State University and the University of Michigan could lose 15 percent of their state funding if the schools ratify new union contracts that bypass Michigan’s new right-to-work law under a House Republican budget proposal introduced Tuesday.
* Backroom Financial Dealings of a Top University.
* It’s true that the university, for whatever reason, offered provisional admission to some students with lower test scores and grades than Fisher. Five of those students were black or Latino. Forty-two were white.
* In this sense, frighteningly, the MOOC seems like the next logical frontier in the increasing contingency and “adjunctification” of labor in higher education. Faculty unions in California are already arguing that MOOCs might do some serious damage to collective bargaining agreements, as some faculty have already agreed to assemble MOOCs for free. But to get even more apocalyptic than that, it seems like this specter of the cyberteacher – emerging from the shadows of the murky MOOC lagoon – is some dystopian icon of the brave new cost-cutting educational future. What better way to cut labor costs in higher education than to simply replace human educational laborers with software?
* “I believe we’re in the best basketball conference in the country right now. If you look at the history of the schools, the original seven plus the new three, it’s obviously an elite group,” Father Pilarz said. “The new conference offers a tremendous opportunity for all 16 of Marquette’s athletic programs to compete against mission-driven and like-minded institutions.”
* The Most Accurate Map of NCAA College Basketball Fandom. Brackets with just the colors and logos. An Oral History of Beating Duke. The NCAA: Poster Boy for Corruption and Exploitation.
* A minimum wage worker in California must toil about 130 hours a week in order to feasibly afford a two-bedroom rental, a new report found.
* Photos of Children From Around the World With Their Most Prized Possessions.
* But journalists deserve a share of the blame, too—and not only for the failure to question more skeptically the Bush Administration’s claims about Saddam’s non-existent WMD. Journalists failed, above all, to show the war as it was. Americans who did not serve may think that they have some idea of what the war in Iraq was like, but they’re wrong. The culprit here is a culture of well-intentioned self-censorship that refuses to show the real conditions of modern warfare.
* Klein doesn’t think a state invaded another state; he thinks “we” went to war. He identifies with the state. Whether he’s supporting or dissenting from a policy, he sees himself as part of it. He sees himself on the jeeps with the troops. That’s why his calls for skepticism, for not taking things on authority, ring so hollow. In the end, he’s on the team. Or the jeep.
The goal of the game, which will officially be launched on Feb. 5, is to show how hard and frustrating it was for an average person to simply do their shopping under the Communist regime in Poland. The game has been developed by the Institute of National Remembrance (IPN), a Warsaw-based research institute that commemorates the suffering of the Polish people during the Nazi and Communist eras.
* Life advice from the Onion: Find The Thing You’re Most Passionate About, Then Do It On Nights And Weekends For The Rest Of Your Life.
* The New Yorker Rejects Itself: A Quasi-Scientific Analysis of Slush Piles.
* Feedback from James Joyce’s Submission of Ulysses to His Creative Writing Workshop.
* The kids aren’t all right: In Survey, Professors See a Lack of Professionalism Among Students
* Professional wrestling fans, we who are “smart marks” especially, are in many ways more sophisticated than the political junkies who populate political blogs and web sites (what are really fan boy and fan girl mark hangouts) like the Free Republic or The Daily Kos. They know that professional wrestling is a work and a game.
* Bradbury’s fan letter to Heinlein.