The Economics of College Fun picture here! Fun picture here! The Economics of College Your Name Here.  Fun picture here!

The Importance Of a Degree Slide 1 This slide should address the topic of why it is so important in today’s economy to have a college degree. There should be at least one image related to your topic 3-4 main points in text The rest of the text that you will be using to give the presentation will be in your write up. Down here should be a long paragraph, with citations, that answers the question: why is it so important in today’s economy to have a college degree?

The Importance Of a Degree Slide 2 This slide should address the topic of why it is so important in today’s economy to have a college degree. There should be at least one image related to your topic 3-4 main points in text The rest of the text that you will be using to give the presentation will be in the write up

College Costs This slide should address the topic: Why costs have increased for colleges so rapidly over the last 20 years. 3-4 main points in text The rest of the text that you will be using to give the presentation will be in your write up.

Advice & Mistakes I Won’t Make This slide should address the topic: The dangers of accumulating too much student debt, advice you have received for managing debt and avoiding problems with too much debt, and mistakes you have heard about that others made that you won’t! There should be at least one image related to your topic 3-4 main points in text The rest of the text that you will be using to give the presentation will be in the write up What advice do you have for future college students (or yourself!) about mistakes they should avoid in college? Think about things that cause students to drop out, take out too much in loans, etc. http://www.huffingtonpost.com/john-t-delaney/the-hidden-student-loan-debt-problem_b_6343800.html http://www.forbes.com/sites/robertfarrington/2014/12/12/buried-in-private-student-loan-debt-three-tips-to-escape/2/

Advice & Mistakes I Won’t Make slide 2 This slide should address the topic: The dangers of accumulating too much student debt, advice you have received for managing debt and avoiding problems with too much debt, and mistakes you have heard about that others made that you won’t! There should be at least one image related to your topic 3-4 main points in text The rest of the text that you will be using to give the presentation will be in the write up

Explain the chart, as well as what it means and why it is important in your decision making process. Resources:

My 3 Schools & my loans You should explain that this is loans only for you, not including for your parents. If you are taking out more than the 5500 in stafford loans, you should explain why you are taking out private loans and what rate you expect them to be at. Resources:

Explain what the graph is showing, why its important, and how it plays in to our decision about which college to choose. Make sure to denote the difference between total loan amount, and total payments (with interest) by explaining how many years the repayment plan is. (i.e. did you choose 10 year, 15 year, or 30 year repayment plans and why?) Resources:

Monthly payment chart goes on this page Explain what the graph is showing, why its important, and how it plays in to our decision about which college to choose. Make sure to denote the difference between total loan amount, and total payments (with interest) by explaining how many years the repayment plan is. (i.e. did you choose 10 year, 15 year, or 30 year repayment plans and why?) Resources:

Slide about the importance of paying loans off early rather than taking a long time Your paragraph with important information about student loans and debt and the importance of paying off the debt sooner rather than later. With citations.

My Career (1-2 Slides) Starting salary? 10th% Average salary? 50th% 3 sentences (what will you do? Why do you want to do this? One interesting fact.) Future prospects for this career (is demand for this job expected to grow? Stay the same? Shrink?) A picture or two related to your career.

Can I afford it? Insert your monthly budget, with your loan payment here This is your 50th % or median salary This is your monthly ‘net’. This is how much you take home in salary each month after taxes. Resources: Use your monthly budget excel document to complete this. You can have more than one monthly budget if you want to, especially if your monthly loan payments are very different. It would be helpful to you to complete the budget for each loan payment just to make sure you will be able to pay them all off! This is where you add your monthly loan payments This your total monthly expenditures. This total needs to be less than your ‘net monthly’ at the top of the column. Adjust the ‘suggested’ percentages of the other rows until it is. *This Budget will definitely work and I will not completely us up all my money monthly which I can use to further pay off my loans to decrease the amount.

Is It Worth It? Show your ROI math here. Example: first, what would you have made without a degree? $29,000 (Median income of High School grad in Ca.) $1,363,000 (Life time earnings of a non-college high school grad: $29,000 X 47) My Career Salary as a __(insert career here)_ 75,000 (your 50th% salary) x 42 (Your # of years working or 47-the years you will be in college) = Your Life time earnings: $3,150,000 Loan payments: $48,334 (paid over 10 years) My Return on investment= Life time earnings – your total loan payment – what you would have earned on average with a HS diploma $3,150,000(LTE) - $48,334(TLP) – $1,363,000(HS Wages) = $1,738,665 Explain what a Return on Investment is, and why it is important to think this way when making important decisions like where to go to college and how many loans to take out. Resources:

Lifetime earnings chart goes on this page For your Lifetime Earnings, remember that this is your 50% salary multiplied times the # of working years, without subtracting anything. Remember this is different, and larger, than your ROI. The HS Grad # should be the same for all of you. You must include at least one Lifetime earnings bar, you can include all 3 if you would like. Explain what the graph is showing, why its important, and how it plays in to our decision about which college to choose. Resources: This $ will be the same for all of you, as this is the average HS salary we will be comparing to.

ROI chart goes on this page If all of your loan amounts are the same, than you will just have one ROI on this graph. Most of you will have 3 different ROI’s to compare though, and a few of you have at least 2. Explain what the graph is showing, why its important, and how it plays in to our decision about which college to choose. If all of your loan amounts are the same, than you will just have one ROI on this graph. Most of you will have 3 different ROI’s to compare though, and a few of you have at least 2.

Text goes here and will get smaller as you type more. Cost Benefit Analysis College 1 Option Text goes here and will get smaller as you type more. Pros College 2 Option College 3 Option These two slides are where you list pros and cons, including non financial for each of the options. Are they close to home or far away? Does one have a better major for you then another? Sports? Dorms? Location? Access to internships? What else factored into your decision?

Cost Benefit Analysis Part 2 College 1 Option Cons College 2 Option College 3 Option These two slides are where you list pros and cons, including non financial for each of the options. Are they close to home or far away? Does one have a better major for you then another? Sports? Dorms? Location? Access to internships? What else factored into your decision?

So… Tell us what you decided and why!

Works Cited In proper MLA format!