Posts Tagged ‘students’

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Posted: 20 August 2015 in Uncategorized
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According to the Wall Street Journal, graduate students in the United States now account for roughly 40 percent of all student debt but represent just 14 percent of students in higher education.

The typical college student who borrowed owed about $27,000 upon graduation in 2012, according to an analysis of federal data from the New America Foundation, a centrist think tank. Those earning a master’s typically owed between $50,000 and $60,000; law degrees, $141,000; and medical degrees, $162,000.

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The National Labor Relations Board [ht: sm] has decided that Northwestern University football players cannot form a union.

The board cited the unique nature of college sports in saying it would foster instability to permit Northwestern football players to form a union while players elsewhere in the National Collegiate Athletic Association are not.

“Our decision is primarily premised on a finding that because of the nature of sports leagues…it would not promote stability in labor relations to assert jurisdiction in this case,” the decision said. . .

The unionization effort, along with recent lawsuits seeking to increase college players’ rights, had the potential to upend the business of college sports. Schools in college football’s top division turned a $1.4 billion profit on $3.4 billion in revenue in the fiscal year ended June 2014, according to data schools submit to the U.S. Department of Education.

While the NLRB’s decision leaves no recourse for Northwestern players to appeal, it did leave open the door to other college athletes’ winning the right to unionize in the future.

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The details of the agreement between Greece and its European creditors are now available. And there’s no doubt about it: this (as the top-trending Twitter hash tag puts it) is a coup. Greece has been forced to surrender (or, given the upcoming debate in parliament, to have the freedom to consider surrendering) a large part of its national sovereignty in exchange for a new European Stability Mechanism program bailout.

Alexis Tsipras [ht: sk] may or may not be a hero, “who fought like a lion against unfathomably large interests” and made it possible for Greece “to live to fight another day.” But that’s really beside the point. So, in the end, is Greek sovereignty—and, for that matter, the humiliating terms sponsored by Germany.

Because what we’re really witnessing is a coup in Europe as a whole. Merkel, Tsipras, Schäuble, and the rest are just the dramatis personae of a series of events that have turned the European project against its own people.

The dream, of course, was to expand democracy, eliminate national rivalries, and promote universal prosperity. But now the European project has become a nightmare of enforcing the conditions of creating and capturing profits—of large enterprises and banks—across an entire continent. And anything that gets in the way—whether existing pensions and state-owned enterprises or rehiring doctors, nurses, and cleaning women—will be sacrificed on the altar of those free-flowing profits.

And who are the losers? The hundreds of millions of workers, farmers, students, young people, and children who are being forced to endure extraordinary levels of unemployment, poverty, and economic insecurity in order to promote a post-2008 recovery that is benefiting only a tiny minority across the continent. And that’s just as true in Germany as in Greece, in England as in Spain. Not to the same degree, of course. But the current negotiations over Greek debt—in which all of their leaders and finance ministers have participated and to which they have given their assent—have demonstrated to the working people of Europe that nothing will be allowed to stand in the way of the interests of the free deployment of capital under conditions that are administered by the troika.

And if an entire nation has to be humiliated in order to serve as an example, so be it. . .

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