While Standard and Poor's downgrade of the U.S. government's credit rating has drawn much attention in the last few days, a generally overlooked report by Moody's Investment Services on the poor performance of student loans suggests higher education may be in a financial "bubble" that could burst in a stagnant economy that offers declining rewards for a college or university degree.
Federal spending for K-12 education increased by approximately 1,050 percent between 1970 and 2009 (the most recent years for which firm figures exist). But public schools — the ones almost 90 percent of U.S. children attend — have seen negligible gains over that period. Private schools aren’t panaceas, either, thanks to university departments of teacher training that are steeped in spurious education “research” gushing from component agencies of the U.S. Department of Education (DoE), in defiance of federal law.
The leading homosexual activist group targeting children is receiving some special help from the federal government in its campaign to recruit in America’s schools. The Gay, Lesbian and Straight Education Network (GLSEN) announced in a press release earlier this summer that it has received a five-year grant, worth $285,000 annually, from the federal Centers for Disease Control’s (CDC) AIDS prevention department to establish “safe spaces” for supposedly “gay” students in 20 schools across the nation.
Republican-led state legislatures have stirred more school choice debates this year than ever before, as Republicans seek to reform state budgets and rekindle student achievement. According to the National Conference of State Legislatures, 30 states have introduced bills this year which would use government funding to send poor and special needs children to private schools. Nine voucher bills were proposed in 2010, of which the sole survivor was a special needs voucher program in Oklahoma.
American education has seen one “reform” movement after another. The most recent incarnation, “Race to the Top,” was initiated in 2009 by the Obama Administration. It is structured around a serious-sounding program called the “Common Core of State Standards Initiative Project,” or CCS for short, which is set for implementation in 46 states, at last count, in 2012.