InformED Report 11/10/16
What Trump’s Election Means for College Students and Parents
Kim Clark, Greg Daugherty, and Kaitlin Mulhere | Money | Twitter
In the short term, not much. Longer term could be a different story. Here’s what we know now.
Elections, as they say, have consequences, and last night’s presidential victory of Donald J. Trump may have more than most.
While President-elect Trump’s policy statements during the campaign provided few details, here’s what we know about how current college students, future students, and their families might be affected.
In the short term
Until the President-elect takes office in January 2017, the greatest impact of his win is likely to be felt in the financial markets and their effect on students’ and parents’ college savings.
Families who are investing for college through a 529 college savings plan are likely to be insulated somewhat from market fluctuations if their money is in an age-based portfolio. While estimates vary, about 80% of all 529 assets are currently in such portfolios.
To read more visit Money
Stock Markets, Initially Shaken, Edge Higher After Trump Victory
Landon Thomas Jr. | The New York Times | Twitter
After a sharp sell-off overnight in Asia, markets staged a recovery on Wednesday as investors shook off the shock of a Donald J. Trump presidency and began to focus on whether his mix of policies could spur a still-fragile global economic recovery.
Futures for the Standard & Poor’s 500-stock index initially plunged 5 percent but recouped nearly all their losses when stocks started trading in the United States.
By their nature, markets are wired to look beyond the moment and into the future. In that regard, the bounce-back in stocks reflects the bet being made by many investors that Mr. Trump’s promises to increase government spending, cut taxes and ease financial regulations will outweigh his strident anti-trade rhetoric.
To that end, stocks that would benefit from more robust economic growth, like banks and companies tied to infrastructure and transportation, were in demand on Monday. By midafternoon, shares of Bank of America were up 5.5 percent, while those of the equipment rental company United Rentals were up 14 percent.
To read more visit The New York Times
Donald Trump and the Future of Education
Emily Deruy | The Atlantic | Twitter
I’ll be honest; I’d pre-written a piece on what a Clinton presidency might mean for education. The polls pointed in her direction, and she’s been talking about children and schools for years, meaning there was plenty to mull. I’d interviewed a number of both conservative and liberal education wonks who had a general idea of what to expect and a relatively uniform belief that she would work across the aisle.
Now, what happens education-wise under Donald Trump’s administration is unclear.
What he’s said on the campaign trail about schools and students obviously won’t transfer directly into policy, but his words offer clues. Will Trump shutter the U.S. Education Department entirely, as he’s suggested? That seems highly unlikely, but there’s a very real chance he’ll scale back its scope drastically. Looking at the big picture, with Republicans controlling the White House, Senate, and House of Representatives, more decision-making power is likely to be transferred back to states and local governments. And Trump is likely to push what he’s called a “market-driven” approach to education. That makes civil-rights groups and many Democrats who see the federal government as something of a safety net for vulnerable low-income students and children of color nervous.
To read more visit The Atlantic
Trump victory sparks student walkout at Berkeley High School, angry protests across California
The election of Donald Trump to the presidency sparked protests Wednesday across California, drawing crowds to city streets and college campuses.
The demonstrations reflected sadness, anger, and bursts of rage. Crowds openly disavowed the president-elect, and a few resorted to vandalism.
At Berkeley High School, about 1,500 students — half the entire student body — walked out of class after the first period began at 8 a.m. in protest of Trump’s victory, Berkeley Unified School District officials said.
Students tweeted “#NotMyPresident,” and pledged to unify. Others chanted, “Si, se puede,” Spanish for “Yes, we can,” and waved Mexican flags, according to posts on social media.
To read more visit The Los Angeles Times
Mobs of tearful, angry students protesting Trump victory swarm college campuses
Susan Svrluga | The Washington Post | Twitter
As election results poured in showing Republican Donald Trump’s victory in the presidential race, students took to the streets at colleges across the country, especially on the West Coast, crying and shouting with rage.
At many schools, the chants were the same: “F‑‑‑ Donald Trump!” over and over, with students’ fists pumping the air or arms around one another, some holding cellphones aloft to light their way through dark campuses or to film and share on social media.
College students are part of a generation that is the most Democratic- and liberal-leaning of all age groups, and over the past decade or so, there has been a real generational shift toward the Democrats, according to John Baughman, associate professor of politics at Bates College.
To read more visit The Washington Post
California high school students walk out of classes in Trump protest
Some 1,500 high school students and teachers in Berkeley, California, near San Francisco, walked out of classes on Wednesday chanting “not our president” to protest Republican Donald Trump’s victory in Tuesday’s U.S. presidential election.
The students rallied in the courtyard of Berkeley High School, according to Charles Burress, spokesman for the Berkeley Unified School District, who estimated the crowd size. They then marched toward the campus of the University of California at Berkeley, a city known for its progressive politics.
“We’re sitting here, setting our clocks back to 1950 electing this fool. You know? Trump honestly just makes us realize how much hate and ignorance is left,” one female student told the rally, according to a live stream of the demonstration on the social media app Periscope.
She said people of color were afraid about the potential for discrimination, and immigrant families were now worried about the threat of deportation threatened by Trump.
Photos uploaded to Twitter showed hundreds of students protesting, many carrying signs decrying the president-elect and waving Mexican flags, along with the hashtags #NotMyPresident and #BHSWalkout.
To read more visit Reuters
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