Cost of Education / Student Debt

Outline:Can add or subtract to it as you see fit

Working Title: Student Debt: The Business of College
1. Introduction:
a. Thesis: Higher Education has become an overpriced commodity that is more detrimental to the working class than it is beneficial; saddling students with massive amounts of debt for the cost of a common piece of paper.
b. Give current average cost of a 2 and 4 year degree
c. Give information on the current job market: pool of degree holders ? no prospects
d. Touch on why a degree seems so important (Generation Y vs X, & Boomers )
e. Touch on types of payments and impact on students: Student loans, grants, GI Bill
2. Body:
a. Cost of college: Then and Now
i. Statistical information on price of attending college
ii. Statistical information on household income
iii. Comparison on inflation from college price, consumer goods and income
b. Country Club Colleges
i. Definition of ?Country Club College?
ii. The race to bring in students
iii. Difference in cost of in-state vs out-of-state students impact
c. Showcase Campus
i. Ties in to Country Club colleges
ii. How schools are paying for this : Taking out high loans, billing students
iii. Need upgrades/updates vs student lures
iv. Lack of Educational program upgrades
d. Impact of Online Education
i. How Institutions are using this to pull more students
ii. Value of the online degree
iii. Ivy League vs Community courses
iv. Impact on the campus students financially
e. Paying for College : Legal Loan sharks
i. Sally Mae
ii. Lack of State and Government assistance : pulling education funding
iii. Cooper Union : outline on decision to charge
iv. Institutional President Salaries
v. GI Bill : benefits and hazards of serving your country for an education
f. Job Market: The end of the American Dream
i. Starting off in debt
ii. Grads who can barely afford to buy food
iii. No way to afford a home
iv. Requirement for experience
v. Abundance of jobseekers with degrees: no longer a leg up
3. Conclusion
a. Summary of Body
b. Thesis re-written

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Some sources I had looked up previously– again can use or discard as you see fit

Ivory Tower. Dir. Andrew Rossi. Perf. Andrew Delbanco. Paramount, 2014. DVD. Documentary
This documentary talks of the student debt crisis and the ballooning cost of a college education. It touched base on ?Country Club Colleges,? a leading cause in higher education costs for students; colleges that focus on the infrastructure and experience instead of the education. It also touches on the fact that employers require experience. It questions the value of an education versus its cost if you are not in an Ivy League school.
National Average Wage Index. Social Security Administration, n.d. Web. 06 Aug. 2016.
The National Average Wage Index shows the average earnings for an adult from the years 1951 to 2014
Average undergraduate tuition and fees and room and board rates charged for full-time students in degree-granting institutions. National Center for Education Statistics, n.d. Web. 06 Aug. 2016.
This table shows the average costs of college education from the years 1976 to 2007 for both private and public institutions.
Sanchez, Claudio. How The Cost Of College Went From Affordable To Sky-High. NPR: Morning Edition. 18 Mar. 2014. Web. 01 Aug. 2016.
Sanchez gives a background on how College became affordable for the masses after the WWII with the introduction of the GI Bill. He also speaks on how the cost of education started to rise during the 1970s as family incomes began to drop and consumer item prices began to rise. He gives the prospective that it is not the college pushing costs to the students on upgrades in infrastructure but the fact that it is the fault of public investments in the educations field that have caused the rise in prices.
Davidson, Adam. Is College Tuition Really Too High? New York Times. 8 Sep. 2015. Web. 31 Jul. 2016.
Davidson starts with statistical information on the cost of living and college expenses. He brings up the current presidential election and how the candidates intend to tackle the growing issue of educational costs. He also notes the high percentage of non-graduates in different type of college environments; two-year, four-year, private, public, and for-profit colleges. He brings up the concept of consumerism and how treating education as a consumer product is not an effective way to treat education as it?s a public concern.
US Bureau of Labor Statistics. Charting the labor market: Data from Current Population Survey. Bureau of Labor Statistics. 5 Aug. 2016. Web. 8 Aug. 2016
Statistical data on the demographics of the labor market from year 1990 to 2016 by type of employment, age, race, and industry.

American Student Assistance. Life Delayed: The Impact of Student Debt on the Daily Lives of Young Americans. $ALT. n.d. Web. 29 Jul. 2016.
Executive summary and findings of surveyed college graduates on the impact of student loan debt to their post-graduate lifestyle.
Dept. Veteran Affairs. Montgomery GI Bill- Active Duty. Department of Veteran Affairs. nd. Web. 09 Aug. 2016
Factsheet on eligibility and limitations for the Montgomery GI Bill.
Martin, Andrew. Building a Showcase Campus, Using an I.O.U. New York Times. 13 Dec. 2012. Web. 29 Jul. 2016.
Martin talks of the college infrastructure upgrades meant to lure better quality and higher number of students and how the price tag is forwarded to the student body for what he calls the ?Law of More?. He also brings up the institutions heavy use of loans to fund these renovations; some needed but most to lure new students, to lack of support from Federal and State offices and how the ballooning costs have affected not only to the students but to the reputation of the institution.
Goodman, Leah McGrath. Millennial College Graduates: Young, Educated, Jobless. Newsweek Magazine. 27 May 2015. Web. 08 Aug. 2016.
Goodman speaks of the struggles of the current workforce and how college degrees are now so common that employers make it a requirement for the job and do not pay more money for those who have them. Examples of recent graduates working well below their capabilities just to get by financially are given; master?s degree holder working as a waitress and living with roommates to make ends-meet. She gives statistical data on the current unemployment rate of Millennials being higher than the national average, which is cause for concern as the Millennials will be the predominant demographic group in the next few years.

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