JPMorgan Chase plans to give $17 million to start a doctoral program at the University of Delaware...
As part of the plan, JPMorgan will renovate a building to house the program, put up money to pay program faculty and pay a full ride for students seeking a degree, according to an internal university plan. In addition, JPMorgan employees may sit on dissertation committees and advise the university on which faculty members should teach in the program, according to the planning document and a top university official....
The doctorate would be be in "financial services analytics," which relies on "big data." Bruce Weber, the dean of Delaware's business school, said working closely with industry will help academics prepare students for the real world, something some business school deans feel is not happening enough.
Meanwhile, I called Adult Protective Services right after talking to Margaret Mary, and I explained the situation. I said that she had just been let go from her job as a professor at Duquesne, that she was given no severance or retirement benefits, and that the reason she was having trouble taking care of herself was because she was living in extreme poverty. The caseworker paused and asked with incredulity, "She was a professor?" I said yes. The case- worker was shocked; this was not the usual type of person for whom she was called in to help.
Of course, what the case-worker didn't understand was that Margaret Mary was an adjunct professor, meaning that, unlike a well-paid tenured professor, Margaret Mary worked on a contract basis from semester to semester, with no job security, no benefits and with a salary of between $3,000 and just over $3,500 per three-credit course....
From the CHE. (This is not a critique of the ACA, dispute the attention-grabbing lead.)
Recent moves by colleges to cut adjunct hours in advance of the Obamacare employer mandate offer a reminder of why contingent faculty labor is the gift that keeps on giving to the corporate university: Not only do part-time adjuncts receive a fraction of the pay expected by full-timers for the same work; they also do not encumber the institution with health-care costs. A majority of today’s teaching faculty members are thus vulnerable not only to the first round of pink slips mandated by budget cuts but also to the predations of our health-care system....
Penn's State's new Health Care policies, which have been rolled out quietly in the middle of the summer, include an excessively invasive "Take Care of Your Health" plan that forces employees, by imposing a massive, $1200 a year surcharge, to submit to poorly and unprofessionally mass-organized blood tests and "biometric screenings." Included in this mandate is an additional mandate, requiring all employees and their spouses/SSDPs, to fill out an incredibly invasive "Wellness Profile" that, if taken, immediately shares ALL of the person's private medical information with WebMD, a third-party agency with a far from comforting record in the area of privacy.
The latest The Stone column is by Roger Scruton, with the
suggestive title ‘When hope tramples truth’. There is not much to disagree with regarding his apparent main point, namely that we all prefer to hear good news
over bad news, and that we have a strong tendency to seek confirmation for the
beliefs we already hold rather than to actively look for dissenting opinions.
In particular, the phenomenon of confirmation bias (and other similar cognitive
tendencies) has been extensively documented by psychologists. So far, the piece
is just trivial. (It remains nevertheless sound advice that, to counter confirmation bias, looking for
counterarguments to the thesis one wants to establish is quite effective -- as philosophers know
all too well but do not always practice.)
But of course, Scruton has a non-trivial (and controversial)
point to make, concerning his own ‘worry of the month’ (see the wikipedia entry for some of his other worries), namely same-sex
therefore united to promote this cause, and, as is so often the case, have
turned persecuting stares on those who dissent from it, dismissing them as
intolerant, “homophobic,” “bigoted,” offenders against the principles of
liberal democracy. Of course the optimists may be right. The important fact,
however, is that hope is more important to them than truth.