Description :(The College Graduate as Collateral) Because, its has some points that stand out and have some meaing to what is happing in today world. what that means is Acdemic economists like to make fun of businesspeople. because they want competition in subsidized industry and that is education. However, Nearly eight million students received Pell money in 2010, costing $28 billion. In addition, the federal direct loan program, which allows nonaffluent( lower standard) students to get government guaranteed loans. In addtion, Investors could finance students’ education with equity rather than debt.
Investors would receive a fraction of a student’s future income and even better a fraction of the increase income that derives from college attendance.
Rhetorical Strategies.
pathos: because this writer has emotion to the peace, because he is a lower student that used pill grants and other source of goverment help.
logic: because he points out some information that the goverment had spend 28 billion on just grants.also other goverment loans.
ethos: The cost of enforcing contracts contingent on future income is very large, but there is an effective solution: piggybacking on the tax collection system. The Internal Revenue Service could perform collection services on behalf of private lenders, and at no cost to taxpayers.
Immiary: The best way to fix this inefficiency is to address the root of the problem. this shows and tells that theres problems for not letting lower students to get invested in and all there schools payed for.
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