Term Paper on "Mortgage Industry Impacts on New College Graduates"
Term Paper 5 pages (1450 words) Sources: 0
[EXCERPT] . . . .
MORTGAGE INDUSTRY IMPACTS on NEW COLLEGE GRADUATES: STUDENT LOANS, JOB MARKET, & HOME BUYING OUTLOOKTECHNICAL REPORT
LETTER of TRANSMITTAL
This letter serves the purpose of transmitting the technical report entitled: "Mortgage Industry Impacts on New College Graduates: Student Loans, Job Market & Home Buying Outlook." This technical report is being transmitted to Professor Doe on the part of Joe Smith and is a report that informs what college students can anticipate in the future in relation to the impacts that student loans and the job market will have upon their home purchasing potential following college and in consideration of the burden of student loan debt obligations. This report will demonstrate that the outlook for students attending colleges under today's provisions of financial aid and student loan programs will create a great burden of debt for these students and in fact, will demonstrate that colleges have overcharged students at exorbitant rates and that the driver for this was the federally guaranteed student loan program. Finally, this report provides a guideline and some much-needed and useful information for the college student which will enable them to make the wisest choices possible concerning the college they choose to attend and the manner in which they handle the financing necessary to secure a college degree while simultaneously avoiding many of the pitfalls of incurring debt for the opportunity to earn a college degree.
MORTGAGE INDUSTRY IMPACTS on NEW COLLEGE GRADUATES: STUDENT LOANS, JOB MARKET & HOME BUYING OUTLOOK
TECHNICAL REPORT
LIST of FIGU
download full paper ⤓
ABSTRACT v
INTRODUCTION 5
TERMS & DEFINITIONS 6
EDUCATION SPENDING and FEDERAL FINANCIAL AID 7
DECLINE in PAY LEVELS AMONG COLLEGE GRADUATES 10
THE BASICS of STUDENT LOANS for COLLEGE 19
PERSONAL & PROFESSIONAL RISKS of STUDENT LOAN DEBT 21
VII.INVESTIGATION of a PROGRAM of STUDY at a COLLEGE or UNIVERSITY 21
VIII FUNDING MECHANISMS 27
FINDINGS of the STUDY 27
CONCLUSION 29
BIBLIOGRAPHY 30
MORTGAGE INDUSTRY IMPACTS on NEW COLLEGE GRADUATES: STUDENT LOANS, JOB MARKET & HOME BUYING OUTLOOK
LIST of FIGURES
FIGURE PAGE NO
Federal Financial Aid Comparison
1980 and 2004 8
Use of Students Loans's Related to Parental Education
Students in Their Late Twenties
Borrow Most from Government
Student Loan Programs 12
Comparison of College and University Types and Prospects of Employment Following College Graduation 23
Measures of Satisfaction 24
MORTGAGE INDUSTRY IMPACTS on NEW COLLEGE GRADUATES: STUDENT LOANS, JOB MARKET & HOME BUYING OUTLOOK
TECHNICAL REPORT
I. INTRODUCTION
This report intends to provide a guide for students entering college, students already in college, and also for students who are to soon graduate from college to inform these individuals of the environment of the mortgage industry and specifically in relation to the impacts of students loans and the job market upon the home buying outlook for individuals once they have graduated from a college or university. The report of Peter (2007) published in the Christian Science Monitor relates that the job market was steadily improving however, since that time the job prospects for college graduates have changed drastically and furthermore for those planning to attend college, receiving funding for college has become much more difficult than at the time of Peter's report in 2007. At the time of this report it is stated that among college graduates "both old and new, a university degrees seems to be a virtual employment guarantee" however this is not the case only one year later.
In the work of Draut (2008) entitled: "Address the Pain, Reap the Gain" states that "today's young adults are very likely to be the first generation to not surpass the living standards of their parents. Evidence of their declining economic opportunity and security abound, from widespread debt to lower earnings in today's labor market for all but those with advanced degrees." (Draut, 2008) Draut calls college "a luxury-priced necessity" and states that with the fast rising cost of tuition and "anemic federal financial aid" what has been created is a 'debt-for-diploma system'..." which leaves "two out of three undergraduates leaving school with student loan debts average $19,200..." (Draut, 2008) During the 1970's Draut explains that even prior to the time that "college became essential for a middle-class lifestyle, our nation was more committed to helping students afford college."(Draut, 2008)
II. TERMS & DEFINITIONS
Student Loan Debt Consolidation: Consolidation of student loan debts is a process by which all the separate… READ MORE
Quoted Instructions for "Mortgage Industry Impacts on New College Graduates" Assignment:
please follow the format of the faxes along with my notes on the faxes for prefactory documents to include and include an appendix and glossary at the end of the technical report of order 88715. Have ***** complete the order and include this order with order 88715 upon completion.
*****
How to Reference "Mortgage Industry Impacts on New College Graduates" Term Paper in a Bibliography
“Mortgage Industry Impacts on New College Graduates.” A1-TermPaper.com, 2008, https://www.a1-termpaper.com/topics/essay/mortgage-industry-impacts-new/6578384. Accessed 4 Oct 2024.
Related Term Papers:
Mortgage Industry Impacts on New College Graduates Term Paper
MORTGAGE INDUSTRY IMPACTS on NEW COLLEGE GRADUATES: STUDENT LOANS, JOB MARKET, & HOME BUYING OUTLOOK
For-profit student loan lenders are being compared to mortgage industry lenders in terms of the… read more
Term Paper 8 pages (2465 words) Sources: 1+ Topic: Economics / Finance / Banking
College Worth It?' Weighs on Local Students Research Paper
college worth it?' weighs on local students.
The Press Democrat. Jeremy Hay, May 18, 2013.
Ever since the post-Second World War era, a college education has been the traditional path… read more
Research Paper 9 pages (2549 words) Sources: 9 Topic: Education / Teaching / Learning
Mortgage Crisis Term Paper
GDP growth in the developed world. The fundamental question that will be addressed is: why has the U.S. GDP growth been consistently higher than in the major economic powers of… read more
Term Paper 4 pages (1143 words) Sources: 1+ Style: APA Topic: Economics / Finance / Banking
Personal Financial Management Term Paper
Financial Planning
Charting the Course: Planning for Life after College
It has frequently been said that the end of college is not an end at all, but is rather the… read more
Term Paper 56 pages (15430 words) Sources: 1+ Topic: Career / Labor / Human Resources
South Korean & German Trade Show Industry Dissertation
Trade Show Industry in Germany and South Korea
Trade as Marketing and Communication
Area of Study
Study Components
… read more
Dissertation 113 pages (31155 words) Sources: 105 Topic: Economics / Finance / Banking
Fri, Oct 4, 2024
If you don't see the paper you need, we will write it for you!
We can write a new, 100% unique paper!