Student Loan Debt Is A Financial Crisis - 1700 Words

As the demand for workers with college degrees increases the pile of debt students may graduate with gets bigger and bigger. This problem is America’s next sizeable financial crisis, but this crisis however is avoidable. Student loan debt is a financial bubble waiting to blow up just as the housing market collapse did in 2007, which the country is only just now starting to see signs of recovery from. The cost of a four-year degree has seen increases that surpass inflation and health care costs. Likewise, the amount of student loan debt is now greater than both auto loans and credit card debt. So, the question most frequently asked is, how has this happened? In 1965, the President of the United States Lyndon Johnson signed the Higher Education Act of 1965. This allowed for many things needed in the higher education system, one of them being low interest loans to students who need financial assistance to get through college. This is where the debt problem begins, but does not g et out of control until the most recent past decade. Some of the drastic increase of debt can be contributed to more people going to college, but can also be contributed to state schools receiving less money from their respective states and needing to raise tuition and all other fees to cover the difference. Schools do have other justifiable reasons to raise rates as well, such as utilities, upgrades to the campus upon requests of the student population, employee wages, no one is willing to workShow MoreRelatedHow The Student Loan Debt Crisis Is Undermining Economic And Social Progress Of American Graduates1635 Words   |  7 PagesHow the Student Loan Debt Crisis Is Undermining the Economic and Social progress of American Graduates Currently, higher education is highly valued as a step in achieving success and earnings potential, but attaining a degree comes at a high cost. Although a very valued asset, the cost to attain a college degree for most students includes getting loans, grants from the government, and sometimes even private loans. Most of these loans come at a high price for students as the interest structure forRead MoreThe Nationwide Student Debt Crisis967 Words   |  4 PagesFact or Fiction: The Nationwide Student Debt Crisis In the United States, it is generally accepted that college (or any form of higher education for that matter) is a wise investment that each and every individual should strive for. Each and every year thousands of parents open college funds and future investment plans to ensure that once their child is of age he or she can participate in quality educational programs. While college attendance rates are at a positive all-time high, right behind itRead MoreStudent Loan Debt Crisis Essay1214 Words   |  5 PagesStudent Loan Debt Crisis What do you think of when you hear the words college graduate? Well, in most scenarios, these words would be exciting to someone that just graduated college who have put in years of hard work and dedication to better educate and promote themselves for their future careers. Sadly enough, this is too far common not the case. In today’s society, students are graduating college with piles of debt at an alarming rate. With a troubled economy that is recovering from a recessionRead MoreThe Financial Crisis Of 20081326 Words   |  6 Pagesslowly incorporating direct federal loans but still keeping guarantees in place for the banks. After the financial crisis of 2008, President Obama completely eliminated the middleman and fully implemented direct student loans (Kingkade). Although this stopped large banks from profiting off of government backed loans, it still didn’t reduce the supply of loans or the ease of obtaining them. Availability of Credit As tuition has been on the steady rise, student debt to finance the education has beenRead MoreThe Student Loan Debt Crisis1247 Words   |  5 Pages The Student Loan Debt Crisis Student loan debt has overtime become an unpleasant part of life for millions of Americans and especially borrowers. It is possible to identify the types of people who went through college and borrowed financial loans from those that went through college and did not go to college or those that went but did not borrow. The debt crisis directly affects the families of the borrowers, those with high debt burdens and advanced degrees. Despite the increased length in loanRead MoreStudent Debt Crisis And Its Effects On The Economy1586 Words   |  7 Pagesstudent debt crisis has reached an all time high with debt reaching a total of 1.3 trillion dollars across the United States.With tuition cost increasing,lack of scholarships and unpaid back loans,student debt will continue to increase even higher.The enormous amount of debt put upon each student creates the inability of those students to help the economy grow.Our economy as we know it is a loop and decreasing the student debt significan tly will help the economy grow.Instead of putting that moneyRead MoreStudent Loan Crisis1592 Words   |  7 PagesStudent Loan Crisis Beginning in the 1960’s the distribution of federal and non-profit funds have given students all over the United States the opportunity to pursue post-secondary educations. Although this method has given students the ability to go to college financially, the majority of the students are not able to pay the money back when finished causing debt. Currently students in the United States owe more than $1 trillion dollars worth of federal and private student loans. Surprisingly thisRead MoreStudent Loan Crisis Is A Crisis870 Words   |  4 Pagesthousand dollars in student loans. (Johnson, â€Å"Student Loans†) There is currently a debate about whether or not student loans are a crisis or if this crisis is just a myth. In the article, â€Å"Here’s Your Crisis: Student Loan Debt Isn’t A Myth,† it describes how student loans are a huge crisis, and the article, â€Å"The Myth of the Student Loan Crisis† is about how college students’ loans do not amount to a crisis. The student loan crisis is a legitimate problem, not a myth. College students do not realize theRead MoreIncome Share Agreements ( Isa )1169 Words   |  5 PagesWith student loan debt becoming increasingly worse year after year, new and potentially better avenues for students to finance a college education are emerging onto the market. In particular, income-share agreements (ISA) have appeared on the scene for a few years now, but not have attempted to modernize the way students pay for college. The big take away from ISA’s is the shift of financial risk from the student to the investor, unlike the traditional government or private loans. A student promisesRead MoreSolving The Student Debt Crisis Essay1609 Words   |  7 PagesThe student debt crisis has reached an all time high with debt reaching a total of 1.3 trillion dollars across the United States.With tuition cost increasing,lack of scholarships and an increase of government loans,student debt will continue to increase.The enormous amount of debt put upon each student creates the inability o f those students to help the economy grow.Our economy as we know it is in shambles and decreasing the student debt significantly will help the economy grow.Instead of debt owers

The Role of a Mother in As I Lay Dying Written by William...

Many mothers, regardless of age or situation, share sympathetic life ideals. They all share the common goal of raising their children wholesome; they want to create an environment of love, nurture, and support for their children as well. A mother’s effort to implant good values in her children is perpetual; they remain optimistic and hope that their children would eventually become prosperous. However, some women were not fit to be mothers. Thus, two different roles of a mother are portrayed in As I Lay Dying written by William Faulkner. Faulkner uses the literary technique of first person narrative with alternating perspectives. By doing so, Faulkner adds authenticity and the ability to relate (for some) to the two characters Addie†¦show more content†¦The narrators alternate, showcasing the fluctuating levels of coherence, understanding and emotional strength. The dialect differs from character to character and the language each character uses, varies on level of in tensity and subjectivity. Each character’s speech varies from being confessional to teetering on the line of awareness and consciousness. The characters each have their own view on life and on the way Addie Bundren lived her life: through these alternate character’s eyes, we can piece together the bits and pieces of Addie’s life, death and the haulage of her decaying body to Jefferson. The narrative seems to be fragmented however, it also exhibits a type of unity. The story takes place over the course of a few days yet the differing â€Å"sub-plots are logically and skillfully interwoven† (Ross 309). Faulkner forces the reader to see the narrative from multiple perspectives. One main factor that emphasizes the distinction between Cora and Addie is motherhood. Cora expresses her view on motherhood because she believes â€Å"A woman’s place is with her husband and children, alive or stagnant† (57). She believes that it is a woman’s responsibility to be a suitable wife, foster their husband’s children, and be upright and outstanding mothers to their children. It is Cora’s job to take care of her daughtersShow MoreRelatedAs I Lay Dying And The Crucible Essay834 Words   |  4 PagesIn As I Lay Dying by William Faulkner and The Crucible by Arthur Miller, women are perceived in ways that fit the time period they are written in. The Crucible deals with women being accused of witchcraft and regarded as witches. In As I Lay Dying the few women in the story, are not highly regarded or of high status. Both authors depict women in different ways, but with similar attitude towards women. Even though The Crucible and As I Lay Dying were works from different time periods, the portrayalRead MoreWilliam Faulkners As I Lay Dying Essay1482 Words   |  6 PagesIn As I Lay Dying, William Faulkner uses the characters Anse and Cash, and a motif/symbol in My mother is a fish, to reveal the psychological and societal problems of the twenties and thirties. Written as soon as the panic surrounding the stock market in 1929 started, Faulkner is reported as having, â€Å"took one of these [onion] sheets, unscrewed the cap from his fountain pen, and wrote at the top in blue ink, As I Lay Dying. Then he underlined it twice and wrote the date in the upper right-handRead MoreAnalysis Of As I Lay Dying1497 Words   |  6 PagesAs I Lay Dying, is a novel about the death of Addie Bundren and the events that follow to her burial. The story is told through fifteen different perspectives over the course of fifty-nine narrative chapters. William Faulkner gives the reader insight into what each character is thinking and their reacti ons to the events taking place. Each member of the Bundren family holds their own secrets that they keep from one another. These secrets eventually distance each member from one another over the durationRead MoreAnalysis Of As I Lay Dying 1738 Words   |  7 PagesSilence As I Lay Dying, is a novel written by William Cuthbert Faulkner, where a poor southern family named the Burdens set off on a journey through 1920’s Mississippi to bury their recently deceased mother Addie Bundren. Before, Addie Bundren passes away she makes her husband Anse promise to bury her in her hometown of Jefferson, Mississippi. This is a large task as the Burden family is located in Yoknapatawhpha County, Mississippi and they must make the rough journey to give their mother her finalRead MoreWilliam Faulker And Cry, The Beloved Country, By Alan Paton1632 Words   |  7 Pagesaspects between the two novels As I Lay Dying, by William Faulker and Cry, the Beloved Country, by Alan Paton. One comparable aspect that can be found in both novels is the many similar themes explored throughout both novels. Many of these themes are prominent throughout literature. When comparing identical themes from two diverse authors, one can understand and appreciate these differences and s imilarities. Although these themes are commonly discussed, Paton and Faulkner have distinct methods in whichRead MoreEssay on Critical History of As I Lay Dying3014 Words   |  13 PagesNashia Horne 28 November 2011 English 290 Critical History Assignment Many of William Faulkner’s books, especially ‘As I Lay Dying’ focused on the South in the aftermath of the Civil War. The themes of his and other Southern authors included: a common Southern history, the significance of family, a sense of community and one’s role within it, the Church and its burdens and rewards, racial tension, land and the promise it brings, one’s social class and place, and, sometimes, the use ofRead MoreEssay about Addie Bundren in William Faulkner’s As I Lay Dying2831 Words   |  12 PagesAddie Bundren in William Faulkner’s As I Lay Dying Woman is the source and sustainer of virtue and also a prime source of evil. She can be either; because she is, as man is not, always a little beyond good and evil. With her powerful natural drive and her instinct for the concrete and personal, she does not need to agonize over her decisions. There is no code for her to master, no initiation for her to undergo. For this reason she has access to a wisdom which is veiledRead More Words and Images in Faulkners As I Lay Dying Essay3612 Words   |  15 PagesWords and Images in Faulkners As I Lay Dying Maybe I will end up in some kind of self-communion -- a silence -- faced with the certainty that I can no longer be understood. The artist must create his own language. This is not only his right but his duty. ----------- William Faulkner Virginia Woolf observes that painting and writing have much to tell each other; they have much in common. The novelist after all wants to make us to see (22). Indeed, many movements in the visual arts duringRead MoreAn Analysis Of William Faulkner s The Kentucky School Board Essay1110 Words   |  5 PagesKentucky school board in Graves County thought the book, As I Lay Dying was the furthest thing from what they considered to be â€Å"normal†. William Faulkner didn’t put censorship into consideration when he was writing this book, in the year 1930, so it caused great controversy. The book was banned for several â€Å"un-normal† things that were spoken about in the book such as anti-Christian references, sexual exploitation, and vulgar language. As I Lay Dying gives us an up-close-and-personal look into the BundrenRead MoreA Rose for Emily - Biography William Faulkner3892 Words   |  16 PagesBIOGRAPHY William Faulkner (September 25, 1897 – July 6, 1962) was a Nobel Prize-winning American author. One of the most influential writers of the 20th century, his reputation is based on his novels, novellas and short stories. However, he was also a published poet and an occasional screenwriter. Most of Faulkners works are set in his native state of Mississippi, and he is considered one of the most important Southern writers, along with Mark Twain, Robert Penn Warren, Flannery OConnor

Simpsons Roots Of Democracy Essay Example For Students

Simpsons Roots Of Democracy Essay Some kids thought hide and go seek was boring, as did I. Playing hide and seek through out my neighborhood was one of the things all the little kids did. Every person in this block knew of each other. I never had fun because everyone always would get in fights and the game always ended early. Yet, for some reason this game was intensified by creating teams where one team being the hunters who protect home base and the hunted who are trying to reach it before being tagged by the hunter. So because of his there were always heated arguments that turned into fights. It was a hot summer night and all of my friends and I had decided to get a big game of hide and seek going down at the park. This was going to be the biggest game we had ever organized. This game consisted of about 16 people, which was a lot for the size of our neighborhood. This had been what we all had prepared for. All those late nights in the neighborhood strategizing and organizing plans to safety. Finally their was chance to prove our skill at this game, hunters versus the hunted. I remember a couple of my friends that I played with that night. Alicia, who was the ruffian of the hood, was fourteen and a lot bigger than I was. Chris, who was the slimmest and the tallest of the bunch, we called him the beanpole. Andrew, who had been a long time childhood friend that always wanted to be in the army; this game obviously gave him the inspiration. When we got to our destination, central park, we established where the home base was going to be which were the restroom stalls, since the y were centered in the park. We then established where our territory of limits extended. There are positions in hide and seek that if you are caught there, you are automatically disqualified. An example of this would be if you were caught in the out of bounds territory that you would be out of the game. Next, we gathered and split into two teams. Eight against eight would equal pure intellectual and strategic competition. This park was maybe the size of two football fields, which is not a lot of ground coverage when youre dealing with teams of eight. My team ended up going out into the field first to be hunted. We had a good chance of winning since we were the fastest kids on the block. I remember going to a low-key spot with my good friend Andrew. We remained out of sight for a good thirty minutes before we decided to go for home base. When we approached the center of the park near the backside of the stalls, we were alerted to an enemy leaning on the wall guarding that section. We had found out that four of the members from our team had actually reached home base and two had been captured. We were the last two survivors and the final rule to this game is that you need more than half of your team to reach the base, to be the victorious winners. That meant that either Andrew or I was going to get to that base. In a heated moment Andrew snapped. Charge Andrew released from the top of his lungs. In a panic I broke for home base as fast as my legs could carry me. Andrew had managed to attract all the attention while releasing his unsuspecting cry. Home base was in my sight, and it was only a matter of moments until I reached my victorious goal. Meanwhile, I was able to be the fifth and final vote for our victory. This was one of the most memorable games for it would be my last. I never ended up playing this game again and I probably couldnt tell you a specific reason why. Maybe it was because we all grew up. Or maybe because it was the last summer before we were supposed to open a new chapter in our lives. But for some reason, this event will always stick out in my mind as a wonderful and joyous occasion. Kids being kids without a worry in the world, what I would not give to have that feeling once again.

Video Transmission Via Satellite Essays - Satellite Broadcasting

Video Transmission Via Satellite Video Transmission via Satellite Abstract Direct Broadcast satellite (DBS) delivers hundreds of TV channels to millions of people around the world. Satellite owners buy slots in space and lease assigned transponder frequencies to service providers. In this paper, I briefly introduce the history and development of DBS, the major vendors of the products, and overall market situation. In order to illustrate why DBS is such a popular technology, I also give out the comparison between DBS and the traditional cable TV. Both of them have advantages and disadvantages. But the competitive advantages of DBS will make it attract more subscribers thus gain larger market share in the future. 1. The History About Satellite TV The Beginning Most network and cable programs are transmitted on a series of C-band satellites and some Ku-band satellites. These two types of satellites use different frequencies much as VHF and UHF broadcast TV use different frequencies. Communications satellites were originally designed for commercial purposes for sending telephone, radio, TV, and other signals across the country and around the world for retransmission to businesses and homes by local telephone companies, TV stations, or cable companies. Enterprising individuals soon learned to build satellite dish receivers to pick up these signals at their own home, and begin making and selling these systems to homeowners around the country, thus beginning the era of home satellite TV. During the 1980's and early 1990's, several million of these C-band systems were sold with dishes generally around the 10' diameter size. One of the early pioneers in the C-band business was Charlie Ergan who founded Echosphere Corporation. Modern Times As home satellite systems became more popular, programmers such as HBO and others realized that they could not continue to give away their programs free to millions of home dish owners. A scrambling system was then developed so their signals were no longer broadcast in the clear for everyone with a dish to pick up without any payment to the program developers. The subscribers were addressable, so that the programmer could turn channels on and off by a code sent over the satellite signal, depending on what channel was paid for by the owner. A few channels were broadcasted on the higher frequency Ku-band satellites, and some hybrid C/Ku-band systems were sold, but Ku reception never became very popular due to the difficulties in receiving the Ku channels and to the lack of sufficient programming on these satellites. In the early 1990's four large cable companies launched a Direct Broadcast Satellite, or DBS system called Primestar using an existing medium power Ku-band satellite and a 36 dish. In 1994, the GM Hughes DirecTV system was launched using a newly designed high power Ku-band satellite and an 18 dish. These systems provided great pictures and stereo sound on 150-200 video and audio channels, and the small dish era began in a serious way. Two years later, the EchoStar Dish Network system was launched. A forth DBS system, Alphastar, attempted to get started but eventually went out of business. Since the beginning of the DirecTV satellite system in 1994, sales of these small dish systems has exploded, making this the most successful introduction of new technology ever. With the launch of a Direct Broadcast Satellite (DBS) system from EchoStar, and the continuing success of the DirecTV system, as well as the cable-owned Primestar system (now bought out by DirecTV), the choices can look bewildering. Across America, more than one of every 20 homes has a satellite dish. Several states now boast satellite television penetration figures exceeding 10% of all TV households, with one state, Montana, having dishes in more than one out of every six homes. This explosion in the popularity of direct-to-home (DTH) satellite technology may surprise many casual observers since many Americans (and most of the media) have only learned about satellite TV in the last two years. Indeed, DBS represents the most successful consumer product introduction in history, easily outperforming CE stalwarts like the color TV, VCR and CD player. The industry survived not only because it has a good product but also because many of those early pioneers simply wouldn't let the dream slip away. Those pioneers, carrying the scars of their battle, are now leading this industry into the digital