Literature review 2

 



Dickler, Jessica. “Coronavirus Slows Pace of College Tuition Increases.” CNBC, CNBC, 27 Oct. 2020, www.cnbc.com/2020/10/27/coronavirus-slows-pace-of-college-tuition-increases.html.

Summary: The author discusses how the Covid-19 pandemic has lowered the rate at which college tuition increased. She speculates that the pandemic has made families warier of college costs, thus making some colleges switch over to freezing tuition in order to gain more families. 

Author: Dicker has a bachelor's degree in Political science from John Hopkins University and a master's from the school of international and public affairs at Colombia University. Prior to working for CNBC, she worked for CNNMoney.com, SmartMoney.com, and WSJ.com. Due to a deep background in political science and economics, Dickler is a very credible source when it comes to the money flow of college.

Key terms: 
1. College costs reaching unsustainable levels. - College costs/tuition is the primary focus of this article and this underscores how little the decrease in growth does for most families.
2. Student Debt- the article also talks about how student debt continues to rise as the decade progresses.

Three Quotes:
1."The current tuition rates do not have a direct impact on the 45 million Americans who have already incurred student debt, which is both financially and emotionally stressful for so many people across all generations"
2. "In fact, the amount of debt owed by baby boomers jumped 33% in 2020, thanks in part to their taking out parent PLUS loans for their children." 
3. “Although average tuition increased again this year, the increases are among the lowest we’ve seen since 1990-91.”

Value: This article helps show the economic impact that covid-19 had on college tuition throughout most universities. Although there are some negatives from online learning brought upon to colleges, there are still some positives that are brought about to the families of the students. 

Comments

  1. Michael GoellerMarch 4, 2021 at 5:52 AM

    This is a good news article with some good graphs, but it does NOT qualify as an academic or scholarly article. From now on, only do literature reviews on scholarly articles -- peer reviewed sources.

    The graphs, though, are really good and you should use them in your presentation.

    ReplyDelete

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