Return assignments <br />before finals week
The Undergraduate Association’s Student Committee on Educational Policy should dedicate themselves to adding a new component to the End of Term academic regulations: requiring all assignments and midterms to be graded before finals. While numerous regulations currently dictate when subjects with final exams may have their last assignment due, and the Friday before the start of the reading period is declared the last test date, there are no requirements for when assignments and midterm exams must be returned by.
The city of tomorrow
I hadn’t expected much coming out of college. I knew that recessions were not kind to the young and inexperienced, so I was surprised when I received an offer from the Boston Consulting Group to work as a business consultant in Dubai.
Apply for UA positions
President Susan Hockfield and Vice President for Institute Affairs Kirk D. Kolenbrander attended Senate this past Monday. The two discussed the state of MIT’s finances, particularly in the context of W1, and answered questions from students. The majority of questions surrounded MIT’s commitment to innovation in the future and how we can budget appropriately to be both more innovative and more sustainable. A full transcript of the discussion will be available online after minutes have been approved at the next Senate meeting at <i>http://ua.mit.edu/senate/minutes</i>. Senate also passed a bill to fund the creation of Athena Paper Notebooks and to support a MassCPR event.
Finally!
There’s a health policy joke that MIT’s Jon Gruber likes to tell: A health economist dies and goes to heaven. When he gets there, he is greeted by St. Peter and told that he can ask God one question. The economist asks, “Will there ever be universal health insurance coverage in the United States?” God replies, “Yes, but not in my lifetime.”
Who’s in charge here?
<i>This is the first in a series on the graduate student leadership development experience at MIT, brought to you by the Leadership Development Subcommittee of the MIT Graduate Student Council. They welcome comments and feedback at </i>gsc-leadership@mit.edu<i>.</i>
The economics of endangerment
VANCOUVER, B.C. — Seahorses. The last thing I expected to have on my mind in the city that just hosted the Winter Olympics, complete with a fuzzy Sasquatch mascot that couldn’t be more unlike the sleek sea creatures. But there is no more appropriate place to talk about the seahorse than the University of British Columbia, where scientist Amanda Vincent leads Project Seahorse, a team of researchers who use the iconic fish to spearhead marine conservation efforts worldwide.
Letters to the Editor
CORRECTION TO THIS ARTICLE: Because of an editing error, a prior version of this letter was attributed to the wrong author. The letter was written by David A. Brescia '11, not Andrew Freeman.
In support of Social Security
In a March 12 column in <i>The Tech</i>, Keith Yost argued for gutting the Social Security. He argues that, “Besides having a negative effect on our economic security, Social Security is destructive to our political process.” I would agree that something needs to be done for the economy but Social Security is not the problem. It may actually be part of the solution.
What if you went to school for free?
Across the nation, college students and faculty were recently protesting, sometimes violently, against tuition hikes by public universities. Faced with grim budget outlooks, state governments have reduced funding to higher education; the worst cuts are in California, where perpetual fiscal mismanagement has left legislators with few alternatives. As the cost of an MIT education (the sum of tuition, fees, books, room and board) crosses $50,000 next year, there may be a temptation among some MIT students to join in and stage the same sort of sit-ins and rallies that have appeared elsewhere.
What if you went to school for free?
Next year, MIT says, the all-inclusive cost of tuition, room, and board will top $50,000. What would happen if MIT made an executive decision that, by 2020, tuition would be free?
Vote in Lobby 10 today
Paper ballots for the UA elections for President/Vice President and Class Councils members are available today from 9 a.m. to 4 p.m. in Lobby 10.
Debunking trade myths
On February 24th, Barack Obama appeared before the Business Roundtable, an association of corporate CEOs, to give an address on what has now become a major talking point of his administration: competitiveness. In the president’s view, the main problem facing the U.S. is that other nations are catching up, they are making investments in education and infrastructure that have been unmatched by the United States, and as a consequence, American economic well-being has been eroded. The solution, he explained, is to renew America’s competitive edge with fresh investment, health care reform, stricter financial oversight, and closer integration between business and government to promote American exports abroad. In his own words, “Winning the competition means we need to export more of our goods and services to other nations.”
Modi and Wyman <br />for UA leadership
As MIT faces more and more budget cuts, the Undergraduate Association will need strong and effective leadership to make student voices heard in the decision-making process. That leadership will face students that are often apathetic towards the UA as it rallies support on critical upcoming issues concerning dining, add/drop dates, the continuation of the Athena program, and the implications of future changes in enrollment. In contrast to past years, the challenges faced by the UA and its constituents will be broad and far reaching, serving to unite the student body more than divide it. All of these requirements dictate that next year’s UA president and vice president have experience, enthusiasm, and a firm grasp of the realities of the job. There is only one ticket that clearly exemplifies these traits. <i>The Tech</i> endorses Vrajesh Modi ’11 and Samantha Wyman ’11 for UA president and vice president.
Corrections
A sports short about women’s tennis last Friday incorrectly stated that Jenny C. Dohlman ’11 played first in the singles matches. In fact, it was her teammate Hillary E. Jenny ’12. Dohlman plays doubles tennis.
Turn off your lights Big improvements in energy can start in the dorms
Here at MIT, we’re all about coming up with creative solutions to big problems. It’s just what we do best. But sometimes, it pays to remember that small, simple solutions can add up to solve big problems.
Paying for Mrs. Fuller
In 1935, Franklin Delano Roosevelt signed into law the Social Security Act, an insurance program designed to cover against what were then considered the greatest financial risks in American society: disability, unemployment, loss of spouse or parents, and, most notably, old age. At the time, the poverty rate among the elderly was over 50 percent — the Great Depression had wiped out the savings of many, and older citizens, whose best wage-earning years were behind them, were particularly hard hit. By funding the benefits of current retirees with income taxes on current workers, Social Security constituted a major windfall for its first generation of recipients; Ida May Fuller, the very first citizen to receive a Social Security check, paid $24.75 into the system and received back $22,888.92 over the course of her lifetime. In this manner, the program theoretically provided a way to spread out the pain of the Great Depression — each generation would pay some ever-declining amount to the previous generation until the entirety of that one monumental loss had been spread out across decades.
Voting begins next week
Senate met on Monday, March 8. Before the regular proceedings, Chancellor Phillip L. Clay PhD ’75, Dean for Student Life Chris Colombo, and Dean for Undergraduate Education Daniel E. Hastings PhD ’80 came to Senate for a town hall meeting. Discussion with the chancellor and deans centered on the implementation of the Institute-wide Planning Task Force recommendations and possible changes to dining.
Lessons from the crisis
Before discussing banking reform, it is necessary to first understand why and how financial markets operate.