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USC researchers find music education benefits youth wellbeing as California looks to boost arts in school

The latest USC research on the impact of music education shows that for adolescents, the benefits appear to extend beyond a surge in neural connections…

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The latest USC research on the impact of music education shows that for adolescents, the benefits appear to extend beyond a surge in neural connections in their brains. It actually boosts their wellbeing.  

Credit: Fender Play Foundation

The latest USC research on the impact of music education shows that for adolescents, the benefits appear to extend beyond a surge in neural connections in their brains. It actually boosts their wellbeing.  

The study published Wednesday by the journal Frontiers In Psychology comes just weeks after voters statewide approved Prop. 28 to increase funding for arts and music education in California public schools.  

A USC Thornton School of Music researcher said the results are especially meaningful amid a nationwide mental health crisis. 

“We know that the pandemic has taken a toll on student mental health. The many narratives of learning loss that have emerged since the start of the pandemic paint a grim picture of what some call a ‘lost generation’,” said Beatriz Ilari, an associate professor of music education at the USC Thornton School of Music and corresponding author of the study. “Music might be an activity to help students develop skills and competencies, work out their emotions, engage in identity work and strengthen connections to the school and community.” 

The work was supported by grants including one from the Fender Play Foundation, a nonprofit organization that places instruments in the hands of youth who aspire to play and reap the powerful benefits of music education. 

Evidence of those benefits continues to mount, although many states and school districts have reduced the amount of class time, faculty and curriculum dedicated to the arts amid budget crunches and changes in curriculum standards.  

Ilari contributed to prior studies, including a longitudinal one by the USC Brain and Creativity Institute, that demonstrated children who learn a musical instrument have enhanced cognitive function. Other research also has shown music education contributes to improved creativity and confidence, better mental health and emotional stability, and student performance, according to a paper published last year by the International Journal of Environmental Research and Public Health.

Greater hope for the future

For the study, researchers examined the impact of music on “positive youth development,” a measure of the strengths of adolescents and their potential to contribute to society developed by scholars from Tufts University. Researchers also included measures for school connectedness and hopeful future expectations.  

The researchers administered anonymous, online surveys to 120 students from 52 Los Angeles Unified School District middle schools. The survey questions covered the key domains of positive youth development including competence and confidence. Past research shows that adolescents who manifest these attributes are more likely to make positive contributions to society and less likely to engage in risky behaviors later in life.  

Ilari and her fellow researchers, including USC Thornton alumna Eun Cho, found many positive effects. They found that students who started music education before age 8 were more hopeful about the future, and younger students receiving musical training scored higher in key measures of positive youth development. 

The research team also found that younger students scored higher in key development measures than their older peers. Sixth-grade students, for example, scored higher for overall positive youth development than – eighth-graders, and scored higher in the confidence domain than both seventh and eighth-graders. Seventh-grade students also scored higher in overall positive youth development than eighth-graders.  

In completing the study’s survey questions, students were invited to choose from multiple gender categories beyond the usual binary gender options, including “non-binary” and “prefer not to answer,” to identify themselves. Non-binary students scored lower in overall positive youth development and connection than girls. They also scored lower in confidence and connection than boys. 

“Given the high levels of depression and suicide ideation among LGBTQ+ and non-gender conforming students, it is crucial that research examining adolescent well-being move beyond the gender binary,” Ilari said. “In addition to filling critical gaps in the existing literature, results from our study can be used to inform the development of programs and policy for all young people.” 

The study included students of diverse backgrounds. However, students participating in a virtual music education program primarily came from poor neighborhoods, indicating disparities in access to formal music education. 

In addition, the study explored students’ engagement in different music programs, including the Virtual Middle School Music Enrichment (VMSME), a tuition-free, extracurricular program that focuses on popular music education and virtual learning. The program is available through a school district partnership with the Fender Play Foundation. Researchers found that students participating in multiple forms of music education and for longer periods of time scored higher in measures for competence and hopeful future expectations. Some participants in these groups were also enrolled in private lessons and/or playing in small ensembles that offer more individual attention than large group classes. In contrast, students in the extracurricular VMSME program came from low-income neighborhoods and participated in fewer extracurricular activities.  

“By expanding access to instruments and music classes for students from low socioeconomic areas – a population that is often left out of school music programs – VMSME contributed to the democratization of music education,” Ilari said. “Throughout the pandemic, students in public schools, especially in urban areas, were disproportionately impacted by the lockdowns that deprived them of physical and social contact with peers. VMSME brought together students from different neighborhoods and at a time when forming peer groups is essential to social identity development.” 

More research is needed to better understand disparities in access to formal music education, Ilari said, but she said programs that give student agency in their learning and allow them to engage with peers from other schools, like VMSME, have the potential to promote learning and wellbeing.


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MBA: Mortgage Applications Decreased in Weekly Survey; Purchase Apps Lowest Since 1995

From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 6.0 percent from one
week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage
Applications Survey for the we…

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From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 6.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 29, 2023.

The Market Composite Index, a measure of mortgage loan application volume, decreased 6.0 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 6 percent compared with the previous week. The Refinance Index decreased 7 percent from the previous week and was 11 percent lower than the same week one year ago. The seasonally adjusted Purchase Index decreased 6 percent from one week earlier. The unadjusted Purchase Index decreased 6 percent compared with the previous week and was 22 percent lower than the same week one year ago.

“Mortgage rates continued to move higher last week as markets digested the recent upswing in Treasury yields. Rates for all mortgage products increased, with the 30-year fixed mortgage rate increasing for the fourth consecutive week to 7.53 percent – the highest rate since 2000,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist. “As a result, mortgage applications ground to a halt, dropping to the lowest level since 1996. The purchase market slowed to the lowest level of activity since 1995, as the rapid rise in rates pushed an increasing number of potential homebuyers out of the market. ARM loan applications picked up over the week and the ARM share increased to 8 percent, as some borrowers searched for ways to lower their payments.”
...
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.53 percent from 7.41 percent, with points increasing to 0.80 from 0.71 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans.
emphasis added
Click on graph for larger image.

The first graph shows the MBA mortgage purchase index.

According to the MBA, purchase activity is down 22% year-over-year unadjusted.  

Red is a four-week average (blue is weekly).  

Mortgage Refinance Index
The second graph shows the refinance index since 1990.

With higher mortgage rates, the refinance index declined sharply in 2022 - and has mostly flat lined at a low level since then.

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US Median Q3 GDP Nowcast Holds Above 3%

Rising interest rates may threaten the “soft landing” outlook for the US economy, but the upcoming preliminary estimate of third-quarter GDP from the…

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Rising interest rates may threaten the “soft landing” outlook for the US economy, but the upcoming preliminary estimate of third-quarter GDP from the government still looks set to report that output picked up from Q2.

The median nowcast for GDP via several sources compiled by CapitalSpectator.com indicates growth at 3.2% for the July-through-September period (seasonally adjusted annual rate). That’s substantially up from the 2.1% advance in Q2.

But in a sign of what may be brewing, today’s revised Q3 nowcast is fractionally below the previous update. It’s reasonable to assume that more downside revisions are likely ahead of the Oct. 26, when the Bureau of Economic Analysis will publish its Q3 report for GDP. One factor weighing on the outlook for the remaining Q3 nowcasts: rising Treasury yields.

The recent runup in the 10-year yield lifted the benchmark rate to 4.81% on Tuesday (Oct. 3), the highest since 2007. “I think we’re gonna go to five [percent]” for the 10-year yield, predicts former Pimco bond fund manager Bill Gross.

Upside momentum for the 10-year yield is certainly strong lately. The 50-day average for the rate, after briefly falling below its 200-day counterpart in the spring, has recently rebounded, which implies that the market will continue to reprice this yield higher in the near term.

Meanwhile, Fed officials are signaling that interest rate cuts aren’t on the horizon. In fact, it’s premature to rule out another rate hike, advises Cleveland Fed President Loretta Mester. On Monday she said: “At this point, I suspect we may well need to raise the fed funds rate once more this year and then hold it there for some time as we accumulate more information on economic developments and assess the effects of the tightening in financial conditions that has already occurred,”

Jim Bianco, president of Bianco Research, tells CNBC: “I don’t think we’re near the end of this move in the bond market.”

Higher interest rates are a new headwind for the economy in Q4 and beyond. There’s also a risk that today’s 3%-plus nowcast for the upcoming Q3 report will be revised down ahead of the Oct. 26 release. Given the recent persistence in higher nowcasts vs. Q2, however, it’s likely that growth will match or exceed the previous quarter. But the longer that interest rates rise and/or hold on to current levels, the stronger the case for revising current growth estimates down for Q4.


How is recession risk evolving? Monitor the outlook with a subscription to:
The US Business Cycle Risk Report


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Lilly’s diabetes and obesity leader to retire in broader leadership shuffle

As Eli Lilly anticipates an FDA weight-loss approval for its in-demand diabetes drug Mounjaro by year’s end, the drugmaker’s leader of those two areas…

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As Eli Lilly anticipates an FDA weight-loss approval for its in-demand diabetes drug Mounjaro by year’s end, the drugmaker’s leader of those two areas will retire and be replaced by its immunology head.

Mike Mason, president of Lilly Diabetes and Obesity, will depart at the end of December after a 34-year career at the Indianapolis-based Big Pharma, per a Wednesday morning announcement. Lilly USA president and immunology president Patrik Jonsson, another three-decade veteran of the company, will take Mason’s place on Jan. 1.

Dan Skovronsky

Meanwhile, one of the drugmaker’s key decision makers is being handed additional duties. Science chief Daniel Skovronsky, who joined in 2010 via Lilly’s acquisition of his company Avid Radiopharmaceuticals, will take over Jonsson’s immunology role, which entails overseeing commercial and Phase III medicines in dermatology, gastroenterology and rheumatology. The company has received two complete response letters from the FDA in this area in 2023: the eczema drug lebrikizumab and ulcerative colitis drug mirikizumab. Both cited manufacturing issues as the reason.

And the C-suite will gain a chief medical officer as David Hyman expands his remit from a focus on oncology by way of Lilly’s $8 billion acquisition of Loxo Oncology in 2019. Chief consumer experience officer Jennifer Oleksiw will become global chief customer officer. The company also recruited Mark Genovese from an SVP role at Gilead Sciences to become its SVP of immunology development. Lilly’s EVP of corporate affairs and communications, Leigh Ann Pusey, is departing at the end of 2023.

“As we embark on this exciting new chapter of growth for our company, I’ve never been more confident about our ability to deliver life-changing medicines to the patients who need them,” Lilly CEO David Ricks said in a statement.

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