Teaching: A Noble Profession for the Poor

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, Intermediate Accounting, Managerial Accounting.

According to the Guardian, American teachers are getting paid less – even though they are better qualified than ever! Questions: 1. What are the states that saw even sharper declines in salaries than the average? 2. What kind of structural change is happening within the teacher workforce? 3. How much less do teachers make than… Read more »

Collateral from a future job

Posted by & filed under Accounting Information Systems, Accounting Principles, All Articles, Auditing, Cost Accounting, Ethical Dilemma, Financial Accounting, Intermediate Accounting, International Accounting, Managerial Accounting.

Some undergraduates will have a new option to help finance their degrees: pledging to pay a percentage of their future incomes in return for funds today. Questions: 1. How does the income-sharing program work? 2. What school is piloting this idea? 3. What are some aspects of the legal gray zone associated with these human… Read more »

New Student Loan Default Study

Posted by & filed under Accounting Information Systems, Accounting Principles, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, Managerial Accounting.

New data suggests that many popular perceptions of student debt are incorrect. The huge run-up in loans and the subsequent spike in defaults have not been driven by $100,000 debts incurred by students at expensive private colleges. Instead, they are driven by $8,000 loans at for-profit colleges and, to a lesser extent, community colleges. Borrowing… Read more »