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The Problem

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by

Prateek Puri

on 13 November 2013

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Transcript of The Problem

Higher Education Inequality
Causes?
Secondary School Quality Differences
Realistic Solutions
Increasing college awareness
Conclusion
However, there are viable options available to correct this issue
The Problem
Access to college education has become unequal across different levels
College Admission Rate based on Income

29% of students from the lower income quartile attend four year universities
College Retainment
78% of high income students remain in college for this period
Family Support
Only 3% of low income students who were eligible for universities (scored 1000/1600 on the SAT) actually enrolled
Financial Aid
20% drop in grant coverage in same period
Admission Discrimination
Small percentage of qualified low income students are represented at top tier universities
Quality of Secondary Schools
33% of inner city students with college aspirations take the SAT by October of their senior year, as compared to 97% of suburban students
Possible Solutions?
Reducing scope through partnering
Reducing Scope Through Partnering
Not clear whether substitutes would be more cost effective
Real Cost Tuition
May also create opposition that will hamper future low income educational policy changes
Redirection of Financial Sources
Difficult to predict how universities would react, would require heavy cooperation
Enhancing K-12 Educational Quality
Increasing the availability of AP and Honors courses
Limiting the Government Subsidies to Wealthy Universities
Top tier universities usually have large endowments, which will enable them to be self sufficient even without govenrnment funds
Increasing College Awareness
Establishing specific courses geared towards understanding college admissions and preparations
Kayla Goldstein & Prateek Puri
Admission and retainment are lower for low income students
Post secondary education is vital to financial success
As compared, to 55% of upper quartile income students
Gap is widening - 12% increase in college enrollment between upper and lower income quartiles
59% of low income student remain in college for at least 3 years
Family Support
Financial Aid
Admission Discrimination
Access to educational resources
Private tutoring
SAT training
College awareness
According to
Forbes
, the enrollment rate for academically qualified low income students dropped 14% from 1990-2002
Scholarships shifting from needs-based to merit-based
Loans replacing grants - 14% drop in grants available from 1980-2001
Increasing competition may also be an issue
Enrollement rates may be affected by lack of applications
Honors and AP course availability
College preparation knowledge and learning about the application process
Redirection of financial aid sources from universities to government
Real cost tuition and low income subsidies
In theory, would allow universities to specialize in educational services, reducing costs to students
Schools may be unwilling to discontinue these established services
Price education closer to its real value for high income students
Use additional tuition fees to subsidize low income student
May be too radicial of a price increase for a country with struggling economy
Would replace university scholarships with direct government vouchers for low income students
Removes the "middlemen" in financial aid supply, thereby reducing the impact of institutional stakeholders
Enhancing K-12 educational quality
Limiting public subsidies to wealthy schools
University educators partner with K-12 teachers to improve teaching techniques
Increasing high school education standards
Redirect the government funds for wealthy institutions to low income students
Creating outreach programs that educate families on college educations and their financing options
Extreme educational inequality amognst different income tiers does exist
Serves to further perpetuate the overall income inequality in America
Enrollment Statistics
Full transcript