Sunday, September 22, 2013

Orphanages

EVEN on a sunny day Sarata Noua is a gloomy place. From 1969 until it closed in 2012 this orphanage in rural Moldova housed up to 152 children at a time. Young people aged between seven and 22 slept ten to a room, sharing a weekly shower in a dark bathroom. Though murals of tropical lakes brighten the walls, it still feels much like a workhouse.
Around the world about 2m children are thought to live in institutions like this. The true figure may be bigger. Some, as in Moldova, are left over from Soviet times, when governments took responsibility for children born with disabilities (occasionally against their families’ wishes). Indian orphanages often cater to unwanted girls, many of whom leave only when they marry. In China around 800 state-run “social-welfare institutions” house abandoned children or those with mild disabilities. Charities in Africa run institutions for those whose families have died in genocides or from HIV/AIDs. But one cheerful fact unites these dreary places—big children’s homes are falling out of fashion.
In Romania, once notorious for its decrepit orphanages, the number of children living in institutions has dropped from more than 32,000 in 2004 to about 9,000 last year. In Moldova the total fell by 62% between 2007 and 2012, to 4,393. In Rwanda the number of orphanages has declined from over 400 five years ago to only 33 in 2012 and the government has promised to close them all by 2014. Georgia had 41 institutions ten years ago; now it has three.
Slower-moving countries are starting to catch up. India’s government is looking at alternatives, says Shireen Miller of Save the Children, a charity. International pressure is rising. In December the American government pledged to help children worldwide stay within families or family-like care.
Reform is essential, for three reasons. First, big institutions are poisonous. John Williamson of the Better Care Network, a charity, and Aaron Greenberg of the UN argue that for every three months that a child stays in an institution he or she loses one month of development. Since 2000 American academics have kept track of 136 children from orphanages in Romania. They have found that the IQ levels of children who remain in big care homes are lower than those put in foster care. Both groups had lower scores than those who were not institutionalised at all.
Even fairly modern institutions often continue controversial practices. The Chisinau Municipal Institution for Babies in the capital of Moldova is currently home to 44 children. It is clean, light and bustling with nurses. Yet when a child arrives he or she is placed in an “isolator”—a double-glazed glass booth containing one or two cots. Some with disabilities have been isolated for nearly a year. A nurse says this helps the children adjust to their new home. Others think it stunts development.
Second, orphanages can prevent children living with what family they have. Most institutionalised children are not truly alone—up to 90% have living parents, says Georgette Mulheir of Lumos, a British campaign group. In Sri Lanka almost all children in care have one or both parents living, reckons Save the Children. In Rwanda over a third of children in institutions are in regular contact with relatives, says Hope and Homes for Children, a British charity. These places are a way of dealing with poverty, says Silvia Lupan, a child-protection officer for UNICEF in Moldova.
Third, institutions are costly. They need staff to cook, clean and corral the children, and cash to warm and maintain big buildings. Studies from the World Bank and Save the Children say institutions cost between six and ten times as much as supporting a child within a family. Sarata Noua cost $300,000 per year to run, says Liliana Rotaru of CCF Moldova, a charity that helped close it down. Foster parents, by contrast, earn about $1,000 a year.

Sunday, September 15, 2013

No More STUDENT LOANS!!!

Last Friday, the President signed into law the student loan “compromise,” promising it would help rein in college costs.
The bill pegs interest rates on federal student loans to Washington’s cost of borrowing (the Treasury rate) plus 2.05 percent and caps interest rates at 8.25 percent. Congress says that this bill will cover 18 million loans, totaling about $106 billion this fall, and reduce the deficit by $715 million over the next decade. But Congress’s promises do not account for the $500 billion in student loans that are currently not being repaid and the one-eighth of students defaulting on their loans.
What will the unpaid loans and student defaults do to Congress’s promise? Likely force Congress to break it—at the expense of taxpayers.
The details are in the accounting practices. The Congressional Budget Office (CBO) has used two different accounting measures to evaluate the cost of the student loan compromise: the Federal Credit Reform Act (FCRA) and fair-value accounting (FVA). Currently, the CBO evaluates student loan costs under FCRA accounting practices, which require that the cost of federal student loans be estimated on “market rates,” but this accounting method does not account for the risk that some students receiving loans will not pay back the government as expected. This is especially problematic when about $180 billion of the $1 trillion in student debt is in default or forbearance.
FVA, on the other hand, accounts for the risk of default, reflecting the full cost of student loans and other federal credit programs. It is the standard accounting method for academic economists.
In June, the CBO released cost estimates using FCRA and FVA for federal student loans. Under FCRA practices, a loan deal using the Treasury rate plus 3 percent—not that different from the new deal passed by Congress—would yield savings of $37 billion this year and $184 billion from 2013 to 2023. However, under FVA, the student loan program will yield $6 billion in savings in 2013 and will cost taxpayers $95 billion from 2013 to 2023. That’s a major difference for taxpayers.
Because FVA practices account for market risk, it is likely that this calculation measure would recognize the 1/8 of students defaulting and the $500 billion that is not being repaid, and factor that risk into the interest rates—providing a more honest account of the program’s costs.
Americans today owe more on student debt than they do on their credit cards or auto loans. Over the past 20 years, college enrollment has increased from 13.8 million to 21 million. In 2011, the average borrower who graduated from a private university left with $28,000 in debt; public college graduates didn’t fare much better, leaving with roughly $22,000 in IOUs.
Continuing to expand higher education subsidies through subsidized federal student loans and grants does nothing to put pressure on colleges to lower costs. In fact, access to easy money does the opposite, enabling universities to raise prices, knowing students can return to the federal trough for more financing. Although Congress will sleep easy now on the student loan interest rate issue, they should not delude themselves into believing they’ve done anything to fundamentally reduce the cost of college.

Sunday, January 22, 2012

Final Evaluation of Einstiens Dream :)

     "Einstein's Dream" is a very interesting and informative book about nature and time. Throughout the book it brings up the ideas of How does time flow? Why does time flow? and Does time flow?  

     This book is filled with short stories that are sure to get anyone thinking. This book does not really have a deep plot. It was written as a book of someones personal ideas which to me makes it more interesting. it kind of makes you feel as if you are actually apart of the different towns. This book was written in a way that was very understandable. 

     I’ve always been fascinated by time and this book has allowed this fascination to grow tremendously. "Einstein's Dream" is ENJOYABLE and a GREAT read! I would definitely give it five stars :) :)   

Sunday, November 27, 2011

Einstein's Dreams Chapter 3 :)

In Chapter 3, Einstein comes too the conclusion that time has 3 dimensions. Each one of these dimensions can be a possible outcome or ending to ones life. This also means that sometimes people can not have complete control of how their lives will end but that can choose a path that will be a guide to one of the outcomes.

Einstein's Dreams Chapter 2 :)

Chapter 2 is a continuation of Einstein's research on time. This time he adds that time is like the flow of water. Sometimes time can feel as if it is moving backwards and that we have moments of our lives in the past. This flow of time can, in a way, cause us to direct our lives in a new direction. 

Einstein's Dreams Chapter 1 :)

In chapter 1 Albert Einstein starts working at the patent office. For months he has these dreams about time so, he begins to do research on how time works. He comes up with these theories that time is a circle and that it repeats itself over and over. He says most people are not aware that "they will repeat their lives and the ones that are aware tend to lead miserable lives.

Wednesday, May 4, 2011

My Personal Asthetics :)

Some of my inspirations are Lauryn Hill, music, nature, and art. I plan on including small video clips of Lauryn Hill singing and doing spoken word. Also I will include pictures of nature like waterfalls, mountains, grasslands etc. Then a song by Lauryn Hill will be playing in the background which bring in the music part. I chose these things because when I interact with them it helps me to write my songs, make music and overall create which, to me is an art in itself.

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