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Bloomberg Wall Street Week - March 29th, 2024

Wall Street Week

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Global Economy, Standardized Tests, and Higher Education

This chapter delves into the significance of the United States engaging with the global economy, warns against protectionist measures like tariffs, and emphasizes competitiveness for big companies. It shifts to the debate around standardized tests in college admissions, discussing their predictive accuracy, cultural biases, and impacts on students from less privileged backgrounds. The chapter also touches on the importance of equitable access to higher education, the disparities in academic preparation, and the need for increased support for public universities.

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