For my capstone project I want to discuss the social issue of the increase in college student loan debt and the disadvantages it creates on the economy and students after graduation. In 2014, seven in ten students graduated with student loan debt with an average of $28,950 per borrower. Students with major debt after college tend to postpone marriage, childbearing, home ownership, and the desire to open new businesses and endure the risks of entrepreneurship. #InTheRed is a campaign addressing a need for better higher education affordability. RED stands for the implement of the Reducing Education Debt act created by select democratic senators. The Red act plans on encouraging 2 years of tuition free community college and student loan refinancing at lower interest rates.
The two media objects that I will present in my project are an infographic file, as well as a remixed video with some animation within. My infographic file is going to introduce the topic and provide graphs and charts that I make within photoshop and illustrator to show the increase in student debt over time. The infographic is gong to introduce the Reducing Education Debt act and provide a section of other organizations that have contributed towards finding ways to eliminate student debt. One of these organizations is SponsorChange which allows graduates to get involved in volunteer volunteer projects, donors then help the students chip away at their student debt in return for their volunteer work. The remixed video is going to include different news clips of democratic senators discussing #InTheRed and other personal stories of individuals and how student debt has impacted and/or hindered their life after graduation.
In 2014, 70% of students graduated with an average of $28,950 in student loan debt. #InTheRed #HigherEdNotDebt
— Shelby (@ShelbyJewel) March 30, 2016
#InTheRed strives for free 2 year community college and student loan financing at lowered interest rates! #HigherEdNotDebt
— Shelby (@ShelbyJewel) March 30, 2016
Students facing high student loan debt are prolonging marriage, homeownership & entrepreneurship, hindering our future economy. #InTheRed
— Shelby (@ShelbyJewel) March 30, 2016
Love movements like @sponsorchange which help companies reward volunteer service by paying student loan debt! #HigherEdNotDebt #InTheRed
— Shelby (@ShelbyJewel) March 30, 2016
From 2004 to 2014, student’s average loan debt at graduation has risen 56%. #InTheRed #HigherEdNotDebt
— Shelby (@ShelbyJewel) March 30, 2016