New Orleans The Obama Administration is in the drafting stages of a proposal to link federal student financial aid to key accountability and affordability standards for higher educational institutions. By 2015, the proposal would rate institutions by measures including tuition costs, graduation rates, debt load and earnings of graduates, and, thankfully, even the percentage of …
Category: Financial Justice
New Banking Regulations, Who Needs ‘Em?
New Orleans Someone having folks over to the White House for cokes and coffee with the President doesn’t seem like much of a visit to the woodshed, but, hey, I guess a fella has to do something to be heard and heeded by his appointees even if he is the boss and the President of …
Philanthropic Colonialism, Conscience Laundering, and Larry Summers
New Orleans Buried in my stacks of old papers have been some nuggets of gold, and one was an op-ed written by Peter Buffett in the Times entitled “The Charitable-Industrial Complex.” Buffett is identified as “a composer and a chairman of the NoVo Foundation,” but is clear that what gets him a seat at the …