Attending college, whether you’re earning a bachelor’s degree or you’re shooting for a doctorate, is far from inexpensive. The odds are good, that you’ll graduate with more than $20,000 in student loan debt just for earning a bachelor’s degree.
Here’s a closer look at just how overwhelming student debt can be.
In 2008, the average debt of a student graduating with a bachelor’s degree from a four-year public university stood at $19,535. Students earning a bachelor’s degree from a private four-year university graduated with an average of $25,350 worth of debt.
The average student in 2008 graduating from a four-year public university racked up $16,456 worth of federal student loan debt. The student graduating from a private university took out an average of $18,248 in federal student loans.
Higher education has been part of the United States for 374 years. In that time, a lot has changed. What once started as an institution for rich white males has now become an institution for all Americans despite the race, nationality, gender or economic situation.
Here we will delve deeper into 374 years of higher education.
1636 – In 1636, Harvard College becomes the first U.S. higher education institution.
1791 – The Congress of the new United States passed The Bill of Rights. Education becomes a function of the state.
1848 – Massachusetts School for Idiotic Feebleminded Youth established. It was the first school of its kind in the U.S.
1862 –The Land Grant Act becomes a law. Public lands were donated to the states and sold. The money collected was used for endowment, support, and maintenance of at least one college.
1894- Jewel Lutheran College charges twenty seven fifty ($27.50) for a ten-week semester, which includes tuition, room and books!
1905 – The Carnegie Foundation for the Advancement of Teaching is founded.
The size of California, both geographically and population wise, makes California comparable to many countries. Heres how California stacks up to the rest of the world.
Californias $1.8 trillion GDP makes it the 8th largest economy in the world. The United States as a whole has the largest economy in the world, with a GDP of $14.2 trillion. Japan is number two with a GDP of $4.9 trillion. China has the third-largest with a GDP of $3.8 trillion. Number four is Germany, with a GDP of $3.6 trillion. The fifth-largest GDP is France, with $2.8 trillion. Number six is the United Kingdom, with a GDP of $2.6 trillion. Number nine is Brazil with a GDP of $1.6 trillion. Number 10 is Russia with a GDP of $1.6 trillion.
If you combine the GDPs of Australia, Burma, the Czech Republic, Ethiopia, Nigeria, Peru and Ukraine, you will have the same size economy as California. California accounted for nearly 3 percent of the worlds GDP in 2008.
What about water? It is easy to take this basic building block of life for granted. However, water is a surprisingly limited commodity. Over the next 30 years, the global water supply is in danger of drying up.
The world population is projected to reach nine billion by 2050. Not only will these people need water to drink and bathe with also a massive amount of water must be used to grow additional food. The most rapid growth will be in developing nations, whose water supplies are already under stress.
The App Store stats summary from April 4th, 2010 is quite revealing. In the beginning, the first tip-off that Apple was up to something came on December 14th, 1999, when Apple purchased the domain name www.iphone.org, which up through the present day directs visitors to Apple’s main corporate page. Since that time, Apple has realized some significant growth. The following stats will reveal that it is quite impressive.
Take a look at the count of active applications that are presently available in the App Store:
There are 191,449 total active Apps available for purchase in the App Store.
There are 31,734 total inactive Apps.
There are 223,183 total Apps.
All of these Apps come from 37,595 active App publishers.