Demonstration and Response Assignment
Directions: This assignment includes prompts to complete below. You will evaluate and submit a typed response to the discussion questions via Moodle. Where a prompt requires a graphical response or problem solution, please draw out on a separate piece of paper and embed in your submission. Answer each question separately. Save and submit to Moodle as a Word .doc or .docx or a PDF file, whichever is easiest for you to upload.
You may use the article, your textbook, and in-class and Moodle lectures for expansionary purposes in the demonstration responses. Reference and cite (footnote) quotes and content from the article or other resources in the graded demonstration. This assignment is governed by the Oglethorpe University Honor Code. It must be completed independently.
Mitchell, Josh. “The Long Road to the Student Debt Crisis” The Wall Street Journal, June 7, 2019.
Part 1 – Demonstration: Submit your responses to the following prompts via Moodle by the start of class on the due date
Questions:
Address the two interpretations of the returns to education and link to examples, if any, from the article that connect to the model(s).
What is the evidence provided in the essay that the federal government’s system of financing higher education is broken?
What are the perverse incentives created by the current systems of funding university attendance?
What are income share arrangements? Would ISAs encourage investors (e.g., banks) be interested in the students they support and the decisions they make? Does the current financing system encourage investors (i.e., government officials who represent taxpayers) to invest wisely? Should attendance of institutions of higher education be funded by income share arrangements?