members. The chart shows that since 1976 the number of and “administrative support” employees per 100 teachers has risen from approximately 50 in 1976 to almost 100 in 2009 (113). This unnecessary spending is creating a gap between the value of the education students receive and the cost they are asked to pay for that education. Compounding the issue is the amount of debt students must take on during college versus their post-graduation ability to pay that debt off. According to the article in The Economist, for inflation, graduates earned no more in 2007 than they did in (115). “After adjusting 1979” Considering the aforementioned statistics on the increase in cost of attendance, the lack of growth in earnings is a significant problem. If universities are unable to ensure students of the value required to make college worth it, students will not attend and the American economy is likely to suffer. According to one of the cases presented an article in Ethics in Higher Education, which is a compilation of by Mandi Woodruff, “9 Unbelievable Student Loan Horror Stories” who published the article in the in November 2012 (145), the Yahoo! Finance Business Insider former student has grown to $135,000 and all I can states, “My original loan was $80,000 but pay is interest only, which is already $700 a This is a prime example of the month” (148). inability graduates have, to pay back the cost of their education, given the pay they earn after graduating from college. Given the recent state of affairs, morale in Higher Education has begun to plummet. According to an interview session on the By Jennifer Ludden in May National Public Radio 2012, which was published in one of the contributors, Zukin, says Ethics in Higher Education, that graduates no longer see anything concrete in their future, no secure career, income, the ability to start a family, and not see owning a home at any point in the near “45 percent-do This represents the mindset of are told by society that they future” (131). today’s graduates. They need to attend college and get a degree, then, by the time they have accomplished just that,
members. The chart shows that since 1976 the number of “administrative and support” employees per 100 teachers has risen from approximately 50 in 1976 to almost 100 in 2009 (113). This unnecessary spending is creating a gap between the value of the education students receive and the cost they are asked to pay for that education. Compounding the issue is the amount of debt students must take on during college versus their post-graduation ability to pay that debt off. According to the article in The Economist, “After adjusting for inflation, graduates earned no more in 2007 than they did in 1979” (115). Considering the aforementioned statistics on the increase in cost of attendance, the lack of growth in earnings is a significant problem. If universities are unable to ensure students of the value required to make college worth it, students will not attend and the American economy is likely to suffer. According to one of the cases presented an article in Ethics in Higher Education, which is a compilation of “9 Unbelievable Student Loan Horror Stories” by Mandi Woodruff, who published the article in the Yahoo! Finance Business Insider in November 2012 (145), the former student states, “My original loan was $80,000 but has grown to $135,000 and all I can pay is interest only, which is already $700 a month” (148). This is a prime example of the inability graduates have, to pay back the cost of their education, given the pay they earn after graduating from college. Given the recent state of affairs, morale in Higher Education has begun to plummet. According to an interview session on the National Public Radio By Jennifer Ludden in May 2012, which was published in Ethics in Higher Education, one of the contributors, Zukin, says that graduates no longer see anything concrete in their future, no secure career, income, the ability to start a family, and “45 percent-do not see owning a home at any point in the near future” (131). This represents the mindset of today’s graduates. They are told by society that they need to attend college and get a degree, then, by the time they have accomplished just that,
A2-Student-Sample_1-2.docx