The SkyRocketing Cost of College

 Visual:   There are the two authors, Katerina Nikalexi and Constantine Yannelis Citation: Nikalexi, Katerina, et al. “How to Lower Student Loan Defaults: Simplify Enrollment in Income-Driven Repayment Plans.”  Manhattan Institute for Policy Research , Manhattan Institute for Policy Research, 1 Dec. 2019.  EBSCOhost , search.ebscohost.com/login.aspx?direct=true&db=eric&AN=ED604377&site=ehost-live. Summary:  The authors are explaining how there are other options that students can take to reduce their college loans, but these options are not widely known or applied, like they are in other countries. There are many income-driven repayment plans that can help students reduce monthly payments.  Authors: One of the authors, Katerina Nikalexi, is currently getting her PhD at the London Business School, and has also had job experience working at the European Central Bank. This makes her very knowledgable n how to handle money, and specially debt. The other author, Constantine Yanne

 Visual:  These are the authors of this journal, Jonathan Fox and Suzanne Bartholomae  Citation: Fox, Jonathan J.|Bartholomae. “College Student Debt and Anticipated Repayment Difficulty.” Journal of Student Financial Aid , National Association of Student Financial Aid Administrators. 1101 Connecticut Avenue NW Suite 1100, Washington, DC 20036. Tel: 202-785-0453; Fax: 202-785-1487; e-Mail: Membership@Nasfaa.org; Web Site: Http://Www.nasfaa.org, 31 July 2017, eric.ed.gov/?id=EJ1151786. Summary: This journal examines the aspects associated with student debt, such as gender or income level. The data described in this journal is from a study conducted in 2010, at the Ohio Student Financial Wellness Study. This discusses every aspect of how students accumulate debt, and makes a model to show the trends in which students accumulate the most debt and why.  Authors: The authors of this journal are Jonathan Fox and Suzanne Bartholomae. They are both professors at Iowa State University, and have

 Visual:   These are two of the authors of this article, Eli Dvorkin and Jonathan Bowles.  Citation: Dvorkin, Eli|Bowles. “Deeper in Debt: For-Profit Schools Driving Student Loan Default in New  York State. Data Brief.” Center for an Urban Future , Center for an Urban Future. 120  Wall Street 20th Floor, New York, NY 10005. Tel: 212-479-3341; Fax: 212-344-6457; Web Site: Http://Www.nycfuture.org, 30 Nov. 2018, eric.ed.gov/?id=ED592759.  Summary: This article covers data from the New York federal student loan borrowers, who entered repayment in 2012. They found the rate of loans in New York to be even higher than they had originally expected. These rates nearly doubles within 2 years, going from 6.5% to 11%. They have found that New York's for-profit higher education is the main factor in this, which affects loans for public colleges too.   Authors : The authors stated for this article are Eli Dvorkin, Jonathan Bowles, and Charles Shaviro. Dvorkin is very knowledgable on this topic

Research Question: With the college tuition costs always skyrocketing, many students struggle financing their way through college. What are some ways that we can make college more affordable for all? Who is benefiting from these high tuition costs, and would there be serious financial repercussions from lowering them? Sources: Instructional Strategies to Improve College ... - ERIC . files.eric.ed.gov/fulltext/EJ1093747.pdf. Koch, James V.  The Impoverishment of the American College Student . Brookings Institution Press, 2019.  EBSCOhost , search.ebscohost.com/login.aspx?direct=true&db=eric&AN=ED596501&site=ehost-live. “Reauthorizing the Higher Education Act: Ensuring College Affordability. Hearing of the Committee on Health, Education, Labor, and Pensions, United States Senate, One Hundred Fourteenth Congress, First Session on Examining Reauthorizing the Higher Education Act, Focusing on Ensuring College Affordability (June 3, 2015). Senate Hearing 114-627.” US Senate , US

 I stand the same on my topic idea, and believe that the price of college is an interesting topic which I can get a lot of information from. When googling information, the terms that got me the most information was "college tuition prices". This led me to a college cost calculator, graphs about the increase of tuition costs, and information about this increase in price. When looking for more information on this topic, a book that seems interesting is "The Price You Pay for College" by Ron Lieber, which seems to be assisting families in figuring out the financials involved with choosing a college. Another book that appears to be useful is "Tuition Rising: Why College Costs So Much" by Ronald Ehrenberg, that explains the increase in prices. After reading these articles, an issue that seems to be important is how difficult this is for families to manage, especially ones who are low-income or have many children that they need to assist in paying for college.