The BIO Convention in China

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Last week, we welcomed members from the China Council for the Promotion of International Trade (CCPIT), the U.S. Consul General Guangzhou and Shanghai, and the Hong Kong Biotechnology Mission to the BIO convention.(More…)

It also determined that China’s claim to “historic rights” in the areas of the South China Sea encompassed by its nine-dash line is contrary to the…

One need only see the tally for America’s student debt load — $1.2 trillion at last count, with an average $29,400 per college graduate — to realize something is badly broken in our financial aid system.

What’s more difficult is deciding who or what is most at fault.

Most 17- and 18-year-olds aren't typically savvy enough to understand the implications of taking on thousands of dollars in loans. So shouldn't parents know better than to allow their kids to be saddled with decades' worth of debt burdens? Maybe, but adults who came of age at a time when it was actually possible to work one’s way through school without debt may be as ill-prepared to navigate today's landscape as their kids are. Since 1978, tuition has soared by more than 1,120% while the average family’s wages barely budged.

“It is that gap that has opened up between real wages and real costs of school that is now being filled increasingly with debt,” says Barmak Nassirian, a director at the American Association of State Colleges and Universities (AASCU).

The last lines of defense between teens and decades of debt are generally college financial aid offices. And even President Obama admits they’re falling short.

American Association of State Colleges and Universities report: Proposal to slow privatization of public universities

Moi really don’t know what to make of the idea of privatizing state universities. In the recent past, government had the goal of raising the standard of living and producing the economic conditions that fostered livable wage jobs. The goal of most…

Moi really don’t know what to make of the idea of privatizing state universities. In the recent past, government had the goal of raising the standard of living and producing the economic conditions that fostered livable wage jobs. The goal of most…