1. Is College Education a Good Investment? SONG MASHUP “ The Frail ” by NIN “ Bitter Sweet Symphony ” by The Verve

2. Is College Education a good investment?

4. Student Right-To-Know Graduation Rate 15.5% graduated in “150% normal time” 23% graduated in 6 years 3% still enrolled after 6 years 1.4% transferred to a new school 19.3% were academically dismissed The rest withdrew – 37.8% Stuff here (Baker College Handbook, 2010)

5. Student Right-To-Know Graduation Rate 1 in 5 students leave because they can’t handle it “academically” (Baker College Handbook, 2010)

6. Student Right-To-Know Graduation Rate 1 in 3 students quit (Baker College Handbook, 2010)

7. Student Right-To-Know Graduation Rate 1 in 5 students actually graduate (Baker College Handbook, 2010)

8. Student Right-To-Know Graduation Rate 4 year program – 6 years to complete (Baker College Handbook, 2010)

9. Student Right-To-Know Graduation Rate Full time tuition costs - $3,280 Times 3 semesters - $9,840 Times 6 years - $59,040 Books, housing, transportation Who takes out the minimum loan? Does anyone? Stuff here (Baker College Handbook, 2010)

10. Student Right-To-Know Graduation Rate $60,000 in debt at the bare minimum (Baker College Handbook, 2010)

11. Student Right-To-Know Graduation Rate No worries though You’ll do better with Baker! (Baker College Handbook, 2010)

12. Student Right-To-Know Graduation Rate What’s the promise we keep hearing? (Baker College Handbook, 2010)

13. Student Right-To-Know Graduation Rate 98% of graduates are employed (Baker College Handbook, 2010)

14. Student Right-To-Know Graduation Rate (Baker College Handbook, 2010)

15. Student Right-To-Know Graduation Rate (Baker College Handbook, 2010)

16. Student Right-To-Know Graduation Rate (Baker College Handbook, 2010)

17. Student Right-To-Know Graduation Rate Muskegon is actually 96.7% Data only counts the first year after graduating Also only counts those who reply back Wait what? If they can’t get a hold of you, you’re not counted in the statistic Stuff here (Baker College Handbook, 2010)

18. Student Right-To-Know Graduation Rate It doesn’t matter what kind of job you have either It doesn’t have to be in your field Oh and it doesn’t include Online campus 98% of graduates are employed, my a$$ (Baker College Handbook, 2010)

19. (Wang, 2009) College tuition up 439% Medical only 259% Energy only 108% Nothing, not even inflation, will stop the rise of tuition costs Since 1985

20. (Matgouranis, 2009) Arizona has highest Loan default rate

21. 10.9% (Matgouranis, 2009)

22. Isn’t that where the University of Pheonix is? (me, general observation, 2011)

23. In 2009, University of Phoenix received $26.5 billion from government-funded student aid (Morgenson, 2011)

24. Tuition is only $333 per credit hour or $3,996 for full time (Miley, 2009)

25. Yet 1 in 25 students graduate UOP online (Miley, 2009)

26. Advisors and counselors are told to do whatever it takes to get a student enrolled and are paid on commission (Durrance, 2009)

27. UOP spends $100 million annually including $154 million for the naming rights of a stadium that doesn’t have a sports team (Miley, 2009)

28. Very little revenue is actually spent on improving education in most for profit schools (Miley, 2009)

29. (Irons, 2009) In 2007, 3 million students entered repayment for their student loans 12% (400,000) defaulted on their loans in only 2 years It takes 9 months of no payment to default Half of those students who defaulted attended For-Profit schools Event though only 1 in 14 students attend For-Profit schools Yet 44% of those students defaulted on their student loans

30. (Irons, 2009) Defaulting on your loan is serious Your credit is ruined and you become ineligible for further student financial aid The government can and will garnish wages They will also seize your income taxes They can do this without court order or any notice whatsoever Then there are penalties for late payment and even collection fees Declaring bankruptcy will not clear student loans either Yet 44

31. (Irons, 2009) There are only two ways to get rid of your student loan Pay them off in full Or die

32. It’s true that people with a college education will make more money in their lifetime (Durrance, 2009)

33. Except the opportunity costs of going to college will cancel any extra income you hope to get (Durrance, 2009)

34. (Me, ranting, 2011) With a minimum job at $22,000 a year And 6 years it takes to get a bachelors That’s $132,000. $132,000 that’s given up to go to college Which will costs at a minimum of $60,000 That’s almost $200,000 your missing out on by being in college right now $60,000 + interest and any fees has to still be paid back So

35. (Me, ranting, 2011) That’s about ¼ million dollars Go ahead and cut that from how much you hope to make from your college investment That’s if you get job that pays what you want Just remember 98% of Baker College graduates are employed

36. (Me, ranting, 2011) There’s only one way college can be a great investment Don’t go to For-Profit schools or universities Don’t over do the loans, take what you need Try to get/maintain a job while you are in Scholarships/Grants FINISH! You’ve gone this far, don’t quit All joking aside, Baker is a good option And Baker is a Non-Profit school So

37. You’re a slave to your money And then you die…

38. References Baker College Handbook (2010-2011). Retrieved from https://www.baker.edu/departments/admissions/currCatalog.pdf Durrance, C. (Producer). (2009, May 12). PBS Frontline. The Madoff Affair. Retrieved from http://www.pbs.org/wgbh/pages/frontline/madoff/view/ Wang, P (April 2009). Is college still worth the price. Retrieved from http://money.cnn.com/2008/08/20/pf/college/college_price.moneymag/ Matgouranis, C. (February 2011). States and student loan defaults. Retrieved from http://collegeaffordability.blogspot.com/2011/02/states-and-student-loan- default-rates.html Morgenson, G. (October, 2010). For profit schools, tested again. Retrieved from http://www.nytimes.com/2010/10/31/business/31gret.html Mily, M. (September 2009). A lot of branding but not much understanding. Retrieved from http://adage.com/article/news/university-phoenix-spends- 100-million-annually-advertising/138849/