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Does your College Return your Investment?

May 15, 2013 Leave a comment

The increasing cost of college tuition raises significant questions on what they are exactly spending the tuition money on. The colleges first seem to be thinking of trade-offs, meaning that there are alternatives the colleges must face when making a decision on how to use money that they have gained. Colleges are now facing rising costs for health insurance, technology, and infrastructure. The nicer dorm rooms, and beautiful buildings create an incentive that encourages a student to want to attend that particular university. Attending any college today is pricey, but what is the fifty-thousand dollar price tag really paying for?

On average most college tuitions have been rising 5% per year for the past ten years. In economics terms, the increasing rate of the cost of college is double the rate of inflation. Inflation is the “percentage rate of the change in price over time”  (Sullivan 340). Inflation is simply the increase in prices. According to the Daily Ticker, the average annual cost for a four-year public college is nine thousand for in-state tuition, and out of state is around twenty two thousand. The staggering price of a private college is about twice as much as a public college. Most parents would suggest that every expensive college is worth the money if the education is appreciable.Image

The increasing unemployment rate for recent graduates could make you think twice of the costs   going to an expensive university. According to the Daily Ticker’s Aaron Task, “A lot of people would say the return on your investment is well worth it.” However, the unemployment rate for college grads is about 4% and those over 25 the employment rate is 3.9%. According to the Bureau of Labor Statistics Data, the unemployment rate for all workers for the first fourth months of 2013 is an average of 7.7%. Even though some colleges are more prestigious than other schools, every individual from all schools compete for that one job application. Even though one student might spend more for a college it does not guarantee that individual will be given a job straight out o

The unemployment rate for 20-29 year olds who graduated in college in 2011
Credit to bls.gov
Image

This diagram illustrates the costs that we give up, and the benefits that we receive in return for spending this money. The entire diagram is ROI which is the worth of your investment.
Credit to: rms.net

Although most parents seem to believe the more expensive the college the more likely their child will be employed, however, according to the latest data from BLS, recent college graduates with a bachelor’s degree had a 13.5% jobless rate. “The median weekly earnings of college-educated, full-time workers have dipped, to $1,141 after adjusting for inflation in 2012, from $1,163 in 2007” Although people are spending lots of money for college, there are only 150 institutions that return the investment according to Bennett. “Returning the Investment” means that the college is not only affordable with a higher education, but it reflects the salaries received college graduates.

Despite all of these previous claims, Michael Santoli , the senior columnist for Yahoo! Finance writes that, “No one is turning down the top universities because they can’t quite afford it.” Even though colleges are very expensive people have the ability to pay for the college through loans, and if the student has the desire to attend that college they will understand that there are tradeoffs to going to an expensive college. Students need to understand that the trade offs to going to an expensive college is financial debt for years, and the college might not have a good return of your investment.  On the supply-side of this issue the colleges cannot increase the number of students because they enroll the same number every year because there is only a certain amount of spots for that institution available. When people are looking at different colleges they need to look if that college will provide a good return on their investment, and if that college is worth the increasingly expensive tuition.

Abby Jennings

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It is Women’s Right to Decide

March 1, 2013 Leave a comment

In government class we had discussed the many different ways to become active in government. The pathways of action, and especially the court pathway, are one of the many ways that citizens can participate in government. The court pathway has been used to shape government. In the courtroom they use the Constitution to back up their argument. In this instance using the Constitution is the most powerful tool because it is one of the founding principles of our nation.

The use of the Constitution was extremely evident in the Roe vs. Wade Case in 1973. The Roe vs. Wade case was very instrumental in changing the law nationwide. They had used the court pathway to shape the nation by “establishing a right of personal privacy protected by the due process clause that included the right of a woman to determine whether or not to bear a child” (Justia Law)

Curtsey of Cecilia.W.Yu

Curtsey of Cecilia.W.Yu

. They had won the case 7-2 because under the Constitution in Amendment Fourteen, women obtain the right to equal protection, and liberty. The lawyers in the Roe vs. Wade case had skillfully used the Constitution as a tool to reinforce that all people have the right to privacy, and that women have the right to decide if they want to have an abortion.

However, the Constitution did not anticipate abortion so there are places in the Constitution where it is not clear. Pro-life activists used this to their advantage. The pro-life activists had used every pathway to pass new laws and place restrictions upon abortion. In the Constitution it states that “All persons born or naturalized in the United States…” (Choices, The Constitution). The Constitution does not clarify and say that all persons born and unborn should not be deprived of life. But the Constitution does not indicate whether the person can be unborn. There are some “gray” areas in the Constitution but it is ultimately up to the judges of the case to determine what is being said and how to apply that knowledge to modern day living.

The pro-choice advocates led with the issue that women could have health risks if abortion was banned due to the violent uprisings of the pro-life advocates. Some pro-life activists burned down abortion clinics, and attacked the doctors performing these operations. These serious actions proved that it is a controversial issue. Some women do need these clinics, and if the women did not have the option they would turn to people that were not specifically trained to do so, and could potentially suffer severe problems or face death.

Curtsey of "The World As I see it" Blog by albertacowpoke

Curtsey of “The World As I see it” Blog by albertacowpoke

Under the Constitution, I believe that every woman should have the option to have an abortion.  Despite the many protestors against pro-choice, it is ultimately up to the woman. The fourteenth amendment clearly states that women have the right to choose whether she wants to terminate her pregnancy. She has the right to her privacy if she doesn’t want to share her personal information to the public. The government cannot dictate that only have an abortion if the woman has health issues, or her decision on if she wants to proceed with the operation.

Abby

The Effects of Climate Change

February 22, 2013 2 comments

Despite the constant commercials and TV ads about the environment, people do not understand that it is affecting us now, and will continue to effect us in the future. According to the Washington Post, government needs to start saving for fluctuation in climate change because climate change will alter “crop yields, bridges and other infrastructure” (Washington Post). Not only will it impact the bridges and infrastructure, but also the accuracy of the weather forecasts. The United States citizens lack the ability to notice or understand the repercussions of global warming that are affecting people today, and in the future.

Louisiana.coastline

Credit: Image courtesy of Global Warming Art

When average citizens think of global warming I would suggest that our minds would go straight to an image of a polar bear sitting on tiny block of ice floating in the ocean. However, in southern Louisiana they are facing the reality of global warming.  In Louisiana in 1991, on Highway one was once 3.9 feet above sea level, but now it has lost more than a foot. In the last sixteen months alone, it has sunk another two inches. According to the Washington Post, “Ten miles of the highway is now standing 22 feet above sea level on cement piles.But another seven miles is not, and if less than a half a mile of this highway succumbs to the 14-foot storm surges expected in the future, the highway will need to be shut down, cutting off the port.” Louisiana is in desperate need to fix the road, but they do not have the money. Louisiana has reached out to the government, but  they government will only contribute experts. The people of Louisiana have the right to have a highway that is safe, and reliable. Although the government only funds money for interstates, they should become more involved in Louisiana’s fight with climate change. If the government does not comply then the people of Louisiana should use the lobbying pathway of action to persuade government officials.

Many Americans do not understand that global warming is not a myth, and that global warming is already influencing our world.  President Obama said in his State of the Union address said that he would take the steps “to prepare our communities for the consequences of climate change.” Although the government has already taken action to adjust to global warming, they need to do more. The urgency for action is crucial, and many of the other countries have planned for global warming. The President is acting as the Voice of the People, and that he, “…serves as a moral spokesman for all” (Rossiter 282).  The President is really trying to prepare the nation for global warming, however, many people are still not educated about it. Like Neustadt, the key to persuasion is with action because the words will have no meaning if they are not upheld to a specific standard (Neustadt 218). The President has many other duties to attend to, but it is essential that citizens are being educated that global warming is a serious issue that the government needs to address.

The government has an obligated duty to be responsible for things that people cannot afford that is for the greater good of society. One example of this is the problem with the satellites. The issue is that these satellites will only last for another two years. There is a demand for new satellites that are more efficient and accurate. The new satellites can be delayed up to fifty-three months. This entails that the weather will not be as accurate, and there will be shorter warming times for hurricanes, tornadoes, or blizzards. Although this might not seem potentially disastrous, if in fact a city needs to evacuate a couple hours makes a difference to hundreds of people. The country needs to provide reliable and quick weather reports because the government is responsible for these weather satellites.

Global warming is affecting the real world, and many citizens are not educated of problems that it can cause.  Many citizens including myself believed that global warming would not affect our world for a couple more years. However after reading this article understand that climate change is not a myth, and is very real. I had not realized that climate change would alter the sea level, and then this would influence the highways. Not only was I uneducated about climate change, but how the satellites directly effect us. The government needs to uphold their responsibility to ensure that the citizens are safe, and that people are educated about global warming.

Abby Jennings

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