Forget Bribery. The Real Scam Is Pretending That Degrees Have Value – There’s a reason that powerful parents scrambled to get their kids into the Ivy League rather than a rigorous, practical school like Caltech or MIT

None of the parents involved in the recent college admissions bribery scandal tried to get their kids into Caltech or MIT, the sort of universities where students are generally expected to acquire skills relevant to a productive career. As it turns out, parents pay obscene sums to marshal their offspring into elite schools not for … Read more

Ignore The Yield Curve, They Said…

by Lance Roberts A Run For The Highs Ignore The Yield Curve…They Said Sector & Market Analysis 401k Plan Manager A Run For The Highs Friday wrapped up the first quarter of 2019, and it was the best quarterly performance since 2009. As shown in the chart below, if you bought the bottom, you are “killing … Read more

Fake News, Fake College, and Fake Science: Duke University to pay $112.5 million for faking scientific research data

via thecollegefix: Former employee brought lawsuit against university Duke University has agreed to pay $112.5 million to the US government for scientific research misconduct, the Department of Justice announced in a press release on Monday. The fine comes as a result of the university falsifying research on federal grants. The Department of Justice lays out the background and … Read more