May 21, 2020 - Politics & Policy

University of California to phase out SAT and ACT in admissions

Photo: Kevin Abele/Icon Sportswire via Getty Images

The University of California regents voted unanimously on Thursday to suspend SAT and ACT testing requirements for admission through 2024, and to move to full elimination or implementation of a replacement test by 2025.

Why it matters: ACT and SAT testing requirements have come under scrutiny in recent years, and Thursday's decision could broadly alter the college admissions process. Advocates argue that university admission based on standardized test scores unjustly favors affluent students who can afford to take the tests multiple times or seek tutoring.

The state of play: The plan will make the tests optional for students over the next two years, and then eliminate them entirely for California students in the third and fourth years.

  • The plan notes: "By 2025, any use of the ACT/SAT would be eliminated for California students and a new, UC-based test would be required."
  • "If, by 2025, the new test is either not feasible or not ready, consideration of the ACT/SAT would still be eliminated for California students."

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Mark Zuckerberg: Social networks should not be "the arbiter of truth"

Photo: Drew Angerer/Getty Images

Facebook CEO Mark Zuckerberg argued on CNBC's "Squawk Box" Thursday that social media platforms should not police political speech, and that "people should be able to see what politicians say.”

Why it matters: Zuckerberg was responding to Twitter's decision this week to fact-check a pair of President Trump's tweets that claimed that mail-in ballots are "substantially fraudulent." Twitter's label, which directs users to "get the facts" about mail-in voting, does not censor Trump's tweets.

House Democrats pull FISA reauthorization bill

Speaker Nancy Pelosi. Photo: Saul Loeb/AFP via Getty Images

House Democrats pulled legislation Thursday that would have renewed expired domestic surveillance laws and strengthened transparency and privacy protections amid broad opposition from President Trump, House GOP leadership and progressive Democrats.

Why it matters: The failure to reauthorize the Foreign Intelligence Surveillance Act (FISA) comes as Trump continues to attack the intelligence community, which he claims abused the law to surveil his 2016 campaign and Trump administration officials.

U.S. GDP drop revised lower to 5% in the first quarter

Data: Bureau of Economic Analysis; Chart: Axios Visuals

The U.S. economy shrunk by an annualized 5% in the first quarter — worse than the initially estimated 4.8% contraction — according to revised figures released by the government on Thursday.

Why it matters: It's the worst quarterly decline since 2008 and shows a huge hit as the economy was just beginning to shut down because of the coronavirus. Economists are bracing for the second quarter's figures to be the worst ever — with some projecting an annualized decline of around 40%.

2 hours ago - Economy & Business