pay gap between college graduates and their non-graduate counterparts
Assignment ID Number AFFGEHU83939HD Type of Document Essay Writing Format APA/MLA/Harvard Academic Level Masters/University References/Sources 4 References
pay gap between college graduates and their non-graduate counterparts
Essay 1, summary critique
Article’s title: Is College worth It? Clearly, New Data Say
Author of Article: David Leonhardt
One would like to understand why many graduates consider themselves jobless despite many opportunities in both formal and informal sector. Many graduates seek college education to find work but the question of whether
college education is worth it or not is still on rise among the members of the society. Leonhard notes that some newly minted college graduates’ endeavor to find work while some accept the jobs regardless of being overqualified
for them. Many college graduates feel that their struggle during four years while in college and the challenges that they face enables them to live a desirable living while others opinionates that the college education is not worth
their desires. Leonhardt successfully argues why college degree can be considered as worth it by some people while others still regard it as unworthy the struggle and challenges faced while in college.
Leonhardt argues that the pay gap between college graduates and their non-graduate counterparts is increasing and it reached a record high in 2013 (Leonhardt). The Labor Department statistics by the Economic Policy Institute in
Washington proves that college graduates in the US earns 98% more than people without degree averagely in an hour. According to these statistics, the pay gap between these two categories of people has increased since 1980s
when it was only 64% (Leonhardt). Hence, Leonhardt believes that the pay disparity is on the rise even though this economic situation could be avoided.
The article provides that increasing the number of college graduates beyond what the economy needs could reduce the disparity pay between graduates and people without college degrees. Leonhardt argues that the recent pay
gap margin is based on the fact that many people went back to colleges after the Great Recession and the economy still needs more than the current number of graduates. For instance, the M.I.T economist who took part in the
economic policy institute states that, “we also have too few people who are prepared for college (Leonhardt)”. This provision affirms the fact that the recent growth in pay disparity is based on the few college graduates.
However, Leonhardt argues that college degrees may not be a solution to every economic problem that people face. For instance, the author argues, “College graduates, like almost everyone else, are suffering from the economy’s
weak growth and from the disproportionate share of this growth flowing to the very richest households” (Leonhardt). This statement justifies that college education can only be part of the solution to the country’s economic
problems but it may not be a solution itself. The graduates pay usually increases upon reduction of the pay for their counterparts without college degrees implying that the pay disparity does not solve the economic challenges faced
by the country.
Leonhardt’s arguments that college degrees may not solve the economic problem in the country is justifiable. For instance, the fact that the economy is becoming technologically complex implies that the college education needs to
be given more time to accommodate the changing need in the job market. Any element that would increase productivity is considered to render economic solution and college education may only be among those elements.
However, despite solving the country’s economy, college education is worth it since it addresses the economic needs of the college graduate.
Leonhardt, David. “Is College Worth It? Clearly, New Data Say”. Nytimes.Com, 2014, https://www.nytimes.com/2014/05/27/upshot/is-college-worth-it-clearly-new-data-say.html . Accessed 28 July 2019.
QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points: Student failed to submit the final paper. 20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. 40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. 50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. Grammar (worth maximum of 20% of total points) Zero points: Student failed to submit the final paper. 5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors 10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors 15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. 20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. Structure of the Paper (worth 10% of total points) Zero points: Student failed to submit the final paper. 3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. 5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper 7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper.
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