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Search resuls for: "Paul Tough"


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The Foreign Language That Changed My Teenage Son’s Life
  + stars: | 2024-03-17 | by ( Paul Tough | ) www.nytimes.com   time to read: +1 min
Max was always a shy kid, slow to warm up to new people and content to spend long stretches on his own. But when he got to school in the morning, it was like a curtain came down between him and the world. A new subject came along in those pandemic years to once again capture his imagination: birds. Maybe creatures that could fly and soar were an appealing notion during endless lockdowns, or maybe birds were just another vast universe for him to map. Max borrowed bird books from the library and lay in bed reading them, absorbing facts and patterns, gathering arcane knowledge.
Persons: Max, didn’t Locations: Texas
Economists have a term for the gap that exists between the incomes of college graduates and high school graduates: the college wage premium. When employers want more college graduates, the premium goes up; when there is a surplus of college grads, the premium goes down. In theory, today’s sky-high college wage premium should mean a surge of young people onto college campuses, not the opposite. But as a measure of the true value of higher education, the college wage premium has one important limitation. Unlike the college wage premium, the college wealth premium looks at all your assets and all your debts: what you’ve got in the bank, whether you own a house, your student-loan balance.
Persons: Bill, Louis, you’ve, Louis — Lowell Ricketts, William Emmons, Ana Hernández Kent — Organizations: Federal Reserve Bank of St Locations: St
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