Tag Archives: Education & Training
In my earlier post Improving GED Attainment I mentioned an upcoming meeting with community leaders that would begin to develop action plans to reduce the high level of non-GED individuals in the Winnebago/Boone counties; presently numbering 35, 000. Additionally, 500 students drop out of high school each year.
Various data were presented that included an “Education Pays” chart. Someone with less than a high school diploma has an unemployment rate of 14.9% and earns $444 per week; compare this with a high school diploma and unemployment rate of 10.3% and earnings of $626 per week. It gets better wit more …
I had hopes that the Rockford Border’s would somehow survive liquidation. There was talks with Books-a-Million that possibly 30 or so would be acquired by them. But sadly, this morning, the e-mail came from Border’s: “All Border’s Stores Closing, all items on Sale”. I called the Rockford store and the person said “yes, we are closing here too”.
Yes, I know; the internet is taking sales of many items from the box stores. I have bought many books via internet, downloaded music or TV shows via internet. But I, like I am sure many others, always felt a special place …
I had heard about this several months ago and now it is to be voted upon today. This can be a big boost to our efforts of landing Embry-Riddle here to Rockford.
The story of the closing aviation program is reported in today’s Chicago Tribune….
Just in from the WSJ:
“Start writing the corporate obituaries.
Absent a last-minute reprieve, bookstore chain Borders will be no more.
(READ a history of the book retailer, which Tom and Louis Borders founded in 1971 as a Michigan used book shop.)
Borders filed for bankruptcy protection in February, and has been beating the bushes looking for a white knight. But today Borders said it received no formal proposals to buy the company out of bankruptcy protection.
This story appears in today’s WSJ; here are some excerpts:
“Borders Group Inc. stood on the brink of liquidation after a recent offer for the bookstore chain from a private-equity investor fell apart late Wednesday.
Borders, which employs nearly 11,000 people, designated a group of liquidators as the opening bidders in a looming bankruptcy-court auction amid difficulties getting publishers to relax terms under which they ship merchandise to the U.S.’s second-largest bookstore chain, said people familiar with the matter.