Student Loan Tips for Continuing Education

Continuing education is sought after by a number of people. Generally speaking, continuing education programs can be divided into two classes. The first is general adult education, including courses taught beyond regular postsecondary education like an undergraduate degree. Adult education can include subjects like English as a Second Language, literacy, vocational training, GED preparation, and other forms of non-traditional education. Continuing education programs in this category may or may not be taught at an accredited higher education institution; some may be taught at vocational schools or local community centers, while others may be at an accredited community college.

The second class of continuing education is intended for licensed professionals to maintain or upgrade licensure. Doctors, lawyers, technology specialists, and any other field in which professional certification is granted often have continuing education requirements. Courses are credit-granting, and a number of them are generally required to meet licensing requirements. These types of continuing education courses are often taught in degree and certificate-granting institutions, sometimes remotely via distance learning.

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Independent Review of the Operation of Monetary Policy in New Zealand

In May 2000, the Government announced that the New Zealand monetary policy framework would be reviewed. Professor Lars Svensson of Stockholm University was appointed to undertake the review and to report by the end of February 2001. Professor Svensson’s report was released by the Treasurer/Minister of Finance on 28 February.

In this issue of the Bulletin, we have published the Executive Summary and recommendations of the Svensson Report, together with the terms of reference of the review. The complete report by Professor Svensson can be obtained from the New Zealand Treasury and can be accessed on www.monpolreview.govt.nz – the monetary policy review website, and on www.rbnz.govt.nz – the Reserve Bank of New Zealand’s website.

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Revive Lincoln’s Monetary Policy – An Open Letter to President Obama

Dear President Obama:

The world was transfixed on that remarkable day in January when, to poetry, song, and dance, you gazed upon Abraham Lincoln’s likeness at the Lincoln Memorial and searched for wisdom to navigate these difficult times. Indeed, you have so many things in common with that venerable President that one might imagine you were his reincarnation in different dress. You are both thin and wiry, brilliant speakers, appearing on the national stage at pivotal times. Fertile imaginations could envision you coming back dressed in that African heritage you freed, to help heal the great scar of slavery and prove once and for all the proposition that all men are created equal and can achieve great things if given a fighting chance.

As Wordsworth said, however, our birth is but a sleep and a forgetting; and if that is true, you may have forgotten a more subtle form of slavery from which Lincoln tried less successfully to free his countrymen. You may have forgotten it because it has been omitted from our popular history books, leaving Americans ill-equipped to interpret the lessons of our own past. This letter is therefore meant to remind you.

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