Modern education has many flaws and advantages as shown through David Basinger’s journal article, “Fighting Grade Inflation” Basinger’s article describes how grade inflation disturbs college teachers. His debate results in the conclusion that college teachers are troubled by the rising grades because it appears that even though there is a significant grade increase, the students are not acquiring any knowledge. As a result, the educators are anxious that their students grades have inflated and the students are awarded more points than they deserved, as shown through this quote: “The significant increase in grade averages over the past generation apparently fails to represent any real increase in learning, we are left to assume that higher grades
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Quinton’s article, “Why You Might Be Paying Student Loans Until You Retire” suggests that student loans will simply need to rehabilitate “Before it simply melts down”(Quinton5). She describes what she presumes will happen because of her confident argument that student loans are disadvantageous as shown through this quote: “The student loan program, meaning the use of taxpayer guarantees to fuel the rapid growth in college loans, has been a textbook illustration of moral hazard”(Quinton4), exhibiting Quinton's lack of regard for college student loans. Looking into the dynamics of student loans, are they in reality beneficial or as Quinton writes about it, Disadvantageous? There are many problems with student loans, including default rates, when the borrower ceases to make payments, and he or she is at liability to be sued or worse by the government. Quinton expresses how student loan default rates have risen by significant amounts, but is that necessarily a problem? Quinton’s article expresses assent to this inquiry, similar to Basinger’s agreement that part of grade inflation is partly induced by our new, less demanding college academic standards. Basinger explains that “Professors today ‘spoon feed’ and/or entertain students more than they once did”(Basinger2) establishing his agreement that modern college academia standards are “Watered down”(Basinger1). …show more content…
In the article “Why So Few Banks Refinance Student Loans” by Amanda Dixon this is discussed. Dixon describes a new problem in the loan refinancing system, the banks are not refinancing student loans. She continues by discussing that a company named PNC, “PNC introduced a student loan refinancing product”(Dixon1). PNC joined some other financial institutions such as Wells Fargo and Citizens Bank. Dixon wants her readers to understand that most education loan lenders aren't banks, and banks avoid private student lending because the banks would not want to lose money to people, as shown through this quote, “we had to build a product that helped to ensure the ability to repay and that would cover consumers in a positive way”(Dixon2), demonstrating the banking systems reluctance to give student loans. Dixon concludes by giving advice on what kind of loan lenders to use and mentioning that, “Credit bureaus will know you’re comparing rates and multiple credit applications will only count as one hard credit inquiry, reducing the impact on your credit score.”(Dixon3), associating with Basinger’s article on grade inflation and GPA levels. Dixon’s article relates to Quinton's because they both allude to student loans and relate to the disadvantages of student
Quinton’s article, “Why You Might Be Paying Student Loans Until You Retire” suggests that student loans will simply need to rehabilitate “Before it simply melts down”(Quinton5). She describes what she presumes will happen because of her confident argument that student loans are disadvantageous as shown through this quote: “The student loan program, meaning the use of taxpayer guarantees to fuel the rapid growth in college loans, has been a textbook illustration of moral hazard”(Quinton4), exhibiting Quinton's lack of regard for college student loans. Looking into the dynamics of student loans, are they in reality beneficial or as Quinton writes about it, Disadvantageous? There are many problems with student loans, including default rates, when the borrower ceases to make payments, and he or she is at liability to be sued or worse by the government. Quinton expresses how student loan default rates have risen by significant amounts, but is that necessarily a problem? Quinton’s article expresses assent to this inquiry, similar to Basinger’s agreement that part of grade inflation is partly induced by our new, less demanding college academic standards. Basinger explains that “Professors today ‘spoon feed’ and/or entertain students more than they once did”(Basinger2) establishing his agreement that modern college academia standards are “Watered down”(Basinger1). …show more content…
In the article “Why So Few Banks Refinance Student Loans” by Amanda Dixon this is discussed. Dixon describes a new problem in the loan refinancing system, the banks are not refinancing student loans. She continues by discussing that a company named PNC, “PNC introduced a student loan refinancing product”(Dixon1). PNC joined some other financial institutions such as Wells Fargo and Citizens Bank. Dixon wants her readers to understand that most education loan lenders aren't banks, and banks avoid private student lending because the banks would not want to lose money to people, as shown through this quote, “we had to build a product that helped to ensure the ability to repay and that would cover consumers in a positive way”(Dixon2), demonstrating the banking systems reluctance to give student loans. Dixon concludes by giving advice on what kind of loan lenders to use and mentioning that, “Credit bureaus will know you’re comparing rates and multiple credit applications will only count as one hard credit inquiry, reducing the impact on your credit score.”(Dixon3), associating with Basinger’s article on grade inflation and GPA levels. Dixon’s article relates to Quinton's because they both allude to student loans and relate to the disadvantages of student