Student Debt

In 12 point type with 1.5 line spaces, and must include a bibliography using no less than 5 sources. These sources should be economics journal articles and scholarly books. Wikipedia may be used for background information, but may not be included among the 5 sources. Begin your search for sources using the EconLit database available on the AU Library website under “Search databases”. For some policy questions, it may be difficult to find 5 scholarly sources. If you cannot find enough economics journal articles, give preference to journal articles in other academic fields such as law, political science, and sociology. Also, use reputable media outlets such as The Economist, The New York Times, The Wall Street Journal, The Financial Times, Business Week, and the like. Citation style: All quotations, and all significant ideas or facts taken from your sources, must be acknowledged. You may use an abbreviated style. For example, if you are citing Jared Diamond’s Guns, Germs and Steel, published in 1999, you may write (Diamond 1999, p. 3) in the text, and then include the full citation in a bibliography at the end of the text. “I do not insist on a particular citation style, as long as you use one style consistently and carefully cite sources used. MLA, Chicago, and any other recognized style may be used.” Student Debt: Discuss the pros and cons of direct Government action to decrease student debt, and/or to make some forms of college education free. Pay attention to which students have incurred debt. Do you think the debt of law or medical students should get the same treatment as the debt of undergraduates? Discuss at least two proposals for change. Student debt Federal grant funding for a college education has fallen while college costs have risen. Which students are most indebted? Which students account for the largest part of the total of student debt? How is increased student debt affecting labor market outcomes and living conditions for students once they graduate? To what extent is increased student debt an important generator of economic inequality?

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