Category: Featured

  • A People’s (with apologies to Zinn) Ranking of Law Schools

    A People’s (with apologies to Zinn) Ranking of Law Schools

     

    Actually I cannot give you the rankings other than to say it would look nothing like the elitist, manipulation-prone ranking of US News. These are, however, the factors that would go into a true ranking of  law schools.

    1. Percentage of class with less than 160 LSAT score. Why? Dolts can and do teach students with over  160 scores. That does not take any real teaching ability. Those students will get it. Teaching them is like teaching native German speakers how to speak German. 

    2. Percentage of students with below 160 who pass the bar. This is the real measure of teaching effectiveness because those students may actually need teaching expertise.

    3. Number of citations by courts of scholarly works per faculty member. In a prior study a colleague and I demonstrated that citations by other law professors are irrelevant. They generally do not rely on anything but factual assertions and rarely engage the thoughts of the works they cite. Let’s face it. If courts do not cite your work, you are wasting your time and writing for a very small and irrelevant audience.

    4. Percentage of students who are first in family college graduates. These people are likely to have a different perspective on virtually everything than the entitled ones, Want to have lively class discussion? Admit these people.

    5. Percentage of faculty who did not graduate from top 15 law schools. Quite honestly, in 42 years of law teaching, the most poorly educated and laziest people I have met came from elite undergraduate and law schools. I could name names but that would take 5 blogs. They are the grade grubbers who focused on one thing — what is on the test. Want some diversity away from the same old name dropping dolts, expand your hiring horizons. 

    6. Number of African-American faculty. I know there are all kinds of minorities these days but none come close to this group in terms of having been kicked around, discriminated against, and pushed aside. Want you students to be more well rounded, better able to interact with diverse clients, then hire these people.

    7. Percentage of financial aid distributed on the basis of need. Yes, this is different from the School were I taught which engaged in a bidding war for high LSATs.

    8. Percentage of graduates who opt for public interest employment. Hopefully, 3 years of exposure to law school and the way law is consistently applied to favor the haves would encourage some students to, at least for some period of time, do the right thing. 

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  • The Bill Barr School of Law School Deaning

    The Bill Barr School of Law School Deaning

     

    BOOO Bill Barr, you unprincipled Trump sycophant. You rascal. All of us, (well  not all, there are a couple of numbskulls who admire you ) principled law professors and administrators think you are an awful example of the profession.

    But wait Billy Boy! There is a job for you. It’s even better than Trump University. You open a school for wannabe Law school administrations. You know, Bill, the number one goal  of any law school dean on the make is to climb the USnews ranking.

    So that’s what you teach. Some Units of the course would be:

    1. Hire your own graduates to do something, anything, so you can report high post graduate employment rates.

    2, Lower first year admissions but increase the number of transfers because the transfer LSAT and GPAs will not count against you.

    3. Oh, what the hell. Just do what UF Law has perfected, However qualified a student, do not admit him or her unless he or she improves your ranking.

    4, If a student is admitted and it looks like he or she, in hindsight, might lower your scores, pay them not to come.

    5. Make sure all law school employees are called faculty. This will raise your teacher to student ratio.

    6. Throw every cent you can get your grubby hands on to pay high scoring students to come to your school whether they need the money or not. 

    7, And Bill, here is what you can bring to the course your specialty.  Just lie. What the fuck, you are not hurting anyone so it’s not like a real lie.

    But Bill, there is one catch,  All of these things have already been done. Yes by the same people who say that  you are the crook, not them.

    So you will have to be imaginative. Your primary mission is to stay one scam ahead of what USnews is onto and cares about. This should be easy, They don’t really care if they get it right as long as it sells,  

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  • I’ll be attending the virtual The PIE Live TNE & Tech event from March 22-26, 2021 #PIELive21

    I’ll be attending the virtual The PIE Live TNE & Tech event from March 22-26, 2021 #PIELive21

    I’m very excited to be attending the upcoming The PIE Live TNE & Tech event March 22-26, 2021.

    I’m a big fan of the work of our colleagues at The PIE News in advancing international education. Information and registration is available at https://thepielive.com/tneandtech/en/page/thepielive. If you are unable to attend The PIE Live you can follow the backchannel on Twitter via #PIELive21.


    Note: I received free registration for this event but I receive no other compensation.

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  • Student loans: what counts as expenditure in national accounts

    Student loans: what counts as expenditure in national accounts

    Economic & Fiscal Outlook, Office for Budgetary Responsibility (March 2021), adapted from Tables 3.14 & 3.26

    I have constructed the table above from forecasts for Total Managed Expenditure and Financial Transactions taken from the Office for Budgetary Responsibility’s latest publication (it accompanied Wednesday’s Budget).

    It shows how newly issued student loans are now split into two components for the purposes of presentation in the National Accounts. The portion of loans that are expected to be repaid are classed as “financial transactions”, while the portion expected to be written off is recorded as capital expenditure. The latter scores in “public sector investment”, which was adopted as a new fiscal target prior to the pandemic (net investment cannot exceed 3% of national income), though the rules are currently under review.

    We can see that student loan outlay is expected to reach £20billion in the year to March 2021, rising to £23.6billion in five years’ time.
    The majority of new outlay is now expected to be written off and that share rises over the forecast period.
    By 2025/26 repayments on all existing loans are projected to re000000000000000ach nearly £5billion per year. (This figure has improved since the sale programme for post-2012 loans was abandoned, since the treasury now gets the receipts that would have gone to private purchasers).

    As mentioned in recent posts on here, the Department for Education only currently has an allocation of £4billion to cover the capital transfer / grant element of new loans and so it has to be granted large additional budgetary supplements each year. This situation has dragged on as the planned spending review has been postponed. We can now expect developments in the Autumn.


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  • New contingent liability recorded against student loan sales

    New contingent liability recorded against student loan sales

    Last week’s Supplementary Estimates contained another note of interest for student loans.

    Under “Note K: Contingent Liabilities” (p. 90) we find that a fifth contingent liability has been added to those associated with the now abandoned sale of student loans.

    The sale of student loans necessitated warranties and indemnities to secure interest and obtain value
    for money from investors. These contingent liabilities are in respect of:

    e) New EU Securitisation Regulations (Possible CL [contingent liability] in due course). UKGI [UK Government and Investment] are seeking legal counsel to review the implications of new EU securitisation reporting requirements from 2019. Credit granting criteria are being assessed for student loans which may generate legal challenge and we will continue to work with UKGI to update as more information and analysis becomes available.

    If any reader can explain what the issues may be here, I would be very grateful.

    The original four contingent liabilities are discussed here. These, along with the fifth, are still classed as “unquantifiable”.
    There were also issues around whether the Special Purpose Vehicles for the securitisations were sufficiently independent of government so as to constitute a genuine sale (and thereby transfer the loans off the government’s balance sheet).

    The wording above though suggests that the lack of “credit” checks on student loans may be the issue.


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  • EdTech for International Education via the Gateway International Group

    EdTech for International Education via the Gateway International Group

    The Gateway International Group just launched a compilation of EdTech companies/platforms for International Education. Compiled and edited by Erin Niday and Tony Ogden, this compilation has the goal of highlighting those EdTech platforms that have the potential to transform next generational international learning and engagement. You can learn more at https://gatewayinternational.org/edtech/.

    Note: I’m an affiliate of the Gateway International Group but receive no compensation for this post.

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  • DfE gets over £13.5billion extra for 2020/21 loan impairments

    DfE gets over £13.5billion extra for 2020/21 loan impairments

    The UK government published its “supplementary estimates” for 2020/21 yesterday. These allocate additional budgetary resources to departments.

    Education has been given an extra £13.531 billion to cover the estimated losses on student loans issued in the year (April 2020-March 2021) and the likely downwards revisions to the value of already existing loans. The department had an original allowance of roughly £4billion, but was determined by the last comprehensive spending review and had not been revised since Theresa May’s decision to increase the loan repayment threshold in 2017.

    Last year, an additional £12billion was granted and most was used. (These allocations are not additional cash, but the formal recognition that the cash issued in the form of loans is going to generate much lower returns than originally anticipated).

    The estimated non-repayment on new loans was thought to be in the region of 55%. That is, for every £ loaned, the treasury expected the equivalent of c. 45p in return: in 2019/20, £17.6billion of new loans were issued, but only around £8billion in net present value is projected to be repaid. (Note that this percentage figure – “the RAB” – is often confused with a measure of how many borrowers ultimately clear their loan balances, i.e. those who repay the equivalent of 100p or more).

    When the new higher fees came in, the loss on loans was projected to be in the region of 30p in the £. That is, 70p would be repaid. A raft of policy changes and modelling errors along with the impact of austerity on graduate earnings has dramatically increased the costs; recent accounting changes have meant that those costs now show up in the headline figures that count. (The loan scheme was never designed to be self-financing, but no one set out to develop a scheme with this current level of subsidy. The £4billion in the original budget for 2020/21 reflects the much earlier aim of “incentivising” the department responsible for loans to get the estimated non-repayment closer to 30-35%).

    The pandemic has made things a lot worse for earnings and livelihoods. But the HE sector has in recent months also been positioned to take a hit when the chancellor looks to review spending in the Autumn. The obvious place to look is initial outlay and so I would expect to a clamp down on undergraduate fee levels (without any offsetting increase in tuition grant).


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  • Learn more about the Upcoming Forum on Education Abroad Annual Conference and Register #ForumEA21

    Learn more about the Upcoming Forum on Education Abroad Annual Conference and Register #ForumEA21

    Learn more about the upcoming Forum on Education Abroad annual conference and register at https://forumea.org/training-events/annual-conference/general-info-2/ #ForumEA21

    Note: I’ve been invited to attend the Forum on Education Abroad annual conference and will be tweeting and posting to IHEC Blog‘s Facebook page during the conference as well as doing an end of conference summary blog post.



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  • IHEC Blog a project by David Comp: The Florida Senate

    IHEC Blog a project by David Comp: The Florida Senate

    Since February 2007, International Higher Education Consulting Blog has provided timely news and informational pieces, predominately from a U.S. perspective, that are of interest to both the international education and public diplomacy communities. From time to time, International Higher Education Consulting Blog will post thought provoking pieces to challenge readers and to encourage comment and professional dialogue.

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  • IHEC Blog a project by David Comp: Gateway Leadership Institute

    IHEC Blog a project by David Comp: Gateway Leadership Institute

    The Spring 2021 Gateway Leadership Institute will appeal to those international education professionals and related higher education experts who are interested in developing new knowledge and skills needed to shape the next generation of international higher education. Through a combination of webinars, workshops, and coaching, the Institute engages participants in an exploration of new directions in educational technology. Working in small teams, participants will be assigned to a specific EdTech company and will work on a realistic challenge over the course of the Institute. The Institute facilitators are Drs. Rosa Almoguera and George F. Kacenga. 

    Participation is now only US$125. Apply by Saturday, February 20th. Learn more and apply here.

    Note: I’m an affiliate of the Gateway International Group but receive no compensation for this post. For the first Gateway Leadership Institute I served as a volunteer mentor. I’m posting to support this Gateway International Group endeavor.

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