OUTLINE FOR THESIS
Introduction:
· Education and training are essential to create a living and future for yourself in the United States.
· The U.S growth model is designed for a skilled workforce through education or training, but instead of funding this type of workforce the government has placed the burden on the student. By evaluating this model, you will see that the privatization of education has fractured the growth model due to the heavily driven debt culture. Education is supposed to close the gap in wealth but one privatized it has done the opposite. If the U.s wants a skilled workforce, they should foot the bill or assist more with the repayment.
· Talk about the skilled workforce and understanding what goes into building the workforce. Include a brief overview of Fordism to post Fordism conversation and the debt culture from the book or extra source.
Literature Review
America is historically debt driven/America’s history with debt: (1-2 journal articles or book source)
· Debt and credit: understanding the concept of how debt works.
· Understanding of loan lending.
· Add how being a debt driven country furthers the root cause of the gap in wealth in the economy.
Privatization of education (1-2 journal article or book source)
· Privatization of education is not just post-secondary, it is prek-12. This is important because it affects the quality of education, and it undermines the welfare system by making education a corporation.
· College/ training certificates: (1-3 journal article or book source)
– Add a source that shows the average amount of money spent of these types of educations.
-Talk about the diff types of loans taken out & Talk about the education that most people may not have on understanding loans and what the type of rates.
1. Unsubsidized/ subsidized
2. Private loans
3. Grad Plus Loans
4.Parent Plus loans (find out if student take on this debt & discuss how the burden of education is spread to the parent after raising the child)
· Job Discrepancy and duration of finding a job to balance out the loan payments.
– Add a source and talk about how there is a gap in pay for jobs, talk about wages not being increased for inflation in the country and the debt ratio.
– Talk about the average amount of years it take a student to pay the loan back with relevance to how long it takes to obtain the amount of wealth to pay the loan back.
· Joe Biden Debt relief
– Talk about the first bill the joe put into action and what the goal was.
– Talk about the supreme court decision and why they blocked the bill.
– Talk about the implication that Taxpayers may vote against this bill or continue to deem it unconstitutional as they do not want to foot the bill.
· Case Study of Germany, China, and U.S when looking at education, skilled labor- workforce, and debt for students’ college or trained. Where does the U.S rank? Can the U. S improve? Show the cracks in our knowledge foundation
· Policy and potential solutions
1. Save Plan
2. Government worker repayment debt clear after years
3. Regular low-income repayment plans.
4. ETC.
– Solutions that could assist the middle class.
1. Re- evaluate the current growth model.
*the debt culture is no longer thriving, it is hurting the economy, unrealistic to continue to live this way, there must be change.
2. Joe Biden loan forgiveness revision
*Make the policy broader to encompass the working class (upper middle/middle class are left out of the loan forgiveness and it is directed towards the poor*
*There should be more benefits to lean forgiveness for the trained workforce the U.S wants to create/continue.
3. Continue to implement free training and education.
*The government should reevaluate the budget to invest more into the labor workforce.
*Evaluate cites like San Antonio and how they want to implement more training in tech and for women which would directly eliminate privatization, assist in increasing a better functioning workforce, and decreases debt and potential debt.
Conclusion
– Wrap up the arguments. Make conclusions strong.
