Sean Huckle
Blog Post 2
As a
student myself I feel every inclined to know about what is happening in and
around colleges everywhere. While reading Ethics
in Higher education I decided to read four articles that are especially interesting
to me in the case of the cost of college education around the US. These three
articles included: Economic Cost (EHE
107), UC Student Investment Proposal (EHE 117), Higher Education: Not What It
Used to Be, and Open Letter to
Chancellor Linda P.B Katehi. I put the most amount of attention on these
four articles because they all have to deal with tuition costs and debt. As a
student having to pay tuition myself it connected strongly with me. For our
Project #2 coming up in the next weeks we are required to address a possible
solution of our making to solve a real life problem happening around us. The problem
I will be addressing and trying to solve is the increasing costs of tuition at
colleges across the US and how debt is hurting thousands of people coming out
of college. Creating an efficient
solution to help college students pay for tuition during and after their time
in college is no easy task but if successful could help thousands of students
and families everywhere. As seen in the article Open Letter to Chancellor Linda P.B Katehi, students
at UC Davis were very enraged by the idea of raising of student fees and
college tuition. Just about the only way to make tuition drop is to make a
movement throughout all of the US and colleges from Santa Barbra to Boston. It won’t
happen if only a few universities here and there consider it.
My solution to help people and the
rise of tuition is to address the universities about where the money being
increased in tuition is going. The best
way to help the students while the raising of tuition is to put some of the
money own into a small fund that builds up over the course of the student’s
education at the universities. This way when the students do graduate and leave
the university, they will have money to help them get started and on their
feet. In Higher Education; Not What It
Used to be by The Economist, there are many examples of how students start
and end school in debt and how hard it is for students “Those who earned a bachelor’s
degree in 2011 graduated with an average of $26,000 in debt, according to the
Project on Student Debt, a non-profit group”. As seen in the graph, the average amount of
debt has risen exponentially over the year.
If colleges would be willing to help the students save money on the side
while also contributing towards the school, students could come out of the
university in less debt and set in a better situation.
There are two very important stakeholders
that my proposal would target. The student body and the universities themselves
would be the main stakeholders that would need to be targeted in this proposal.
This problem affects all students who aren’t
on a full ride scholarship or at a community college. When it comes down to it, a college is nothing
without its students to pay for it. The negative part of this solution is
paying a little more than the tuition already. If the students were to comply with
the solution, then the students would be beneficial when coming out of college
with money ready for them.
The Second stakeholder is of course,
the Universities themselves. The universities would need to comply to when they
were to raise tuition, a portion of the tuition would be put away for every
student. The negatives to the proposal
for the universities is slightly less income to the school directly. The positives
to this proposal for the universities is possible partnerships with more banks.
This could also make the school profit if partnerships were to happen. Students
would be happier with this solution than to just pay the full raised tuition
and not get anything out of it. Over all this solution’s benefits outweigh the
down sides tremendously, with both students and school benefitting, the average
debt of students coming out of college would drop immensely.
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