Search Results


Below are your search results. You can also try a Basic Search.





Theodore Caputi | Millions, billions and trillions

(12/08/15 5:34am)

The words “billion” and “million” may rhyme, but they’re very different values. Consider the following: If you started out with $1 billion the day Christ was born and spent $1,000 every day since, you’d still have $264 million left today. But if you began with only $1 million and spent the same amount, you’d be broke in under three years.




Theodore L. Caputi | Separation of schooling and state

(09/30/15 3:49am)

Sen. Elizabeth Warren recently wrote an op-ed about her plan to mitigate America’s $1.2 trillion student loan burden by imposing fines on universities whose alumni are unable to pay off their student loans. Her intention is for universities to have “skin in the game” as “risk-sharing” penalties incentivize colleges to reduce their cost of attendance and/or improve student outcomes. Makes sense, right?



Theodore L. Caputi | No pay, no gain

(09/02/15 1:59am)

Ivy League colleges have a reputation for catering to the cashmere-clad upper class. But in recent decades, Penn has eschewed elitism and minimized the advantages of financial privilege so well that I sometimes forget I share a campus with some fabulously wealthy classmates. This is not by accident. Since arriving at the University in 2004, President Gutmann has made equity a priority and increased financial aid by 160 percent. Under Gutmann, Penn became the largest school (by student population) to boast a no-loan — now “all-grant” — financial aid policy and launched countless initiatives to level the economic playing field. With all this good work, it’s time for Penn to address one remaining bastion of inequity: the unpaid (or underpaid) internship.