Agenda for Monday, Oct. 8
–Context!
–Common Errors
Context #1
Add the Quick Facts for city population, demographics.
Little Rock: African American comprise 42 percent of Little Rock’s population. https://www.census.gov/quickfacts/fact/table/littlerockcityarkansas,US/PST045217
Add typical salary from Occupational Employment Statistics database for Arkansas
https://www.bls.gov/oes/current/oes_ar.htm
Common Errors – Math
Percent vs Percentage Point
At Lyon College, 67 percent of non-first-generation students paid back their loans within five years, while only 53 percent of first-generation students did the same, which results in a 14 percent POINT difference. The median debt for both types of students was the same though, at $12,000.
You mean “percentage point.” 14 percent of 67 is 9.4.
Steve Doig – MathCrib-Doig
Common Errors – AP Style on Numbers
AP Style on Numerals:
Numerals – AP Stylebook-2avrxtn
Common Error – Divi Library
Divi Builder. Do Not Save to Library.
Context #2: Build Charts for Context
First row: The overall median debt for Arkansas students; for men, for women.
Second row: The overall median debt for first generation students. And non-first generation
Third row: The overall statewide repayment rate, and the rate for men, for women
Fourth row: The overall median debt for white, black, asian, hispanic
Post on WordPress with the category Context
Research – Data Question
The Financial Aid department does not report loan repayment info to the Department of Education. “Once the students leave us we don’t track their information anymore,” he said.
Question: Look at data dictionary for source of this information. All 1,826 columns explained here.
https://collegescorecard.ed.gov/assets/FullDataDocumentation.pdf
https://collegescorecard.ed.gov/assets/CollegeScorecardDataDictionary.xlsx
Homework
#1: Read this report and compare to your work on context. Prepare to discuss it Wednesday
https://ticas.org/sites/default/files/pub_files/classof2016.pdf
#2: By 11:59 p.m. Tuesday, fix the issues with your charts and stories from Assignment #2. Post on WordPress, use the Context category for a tag
Divi Tutorial
This is my Divi Tutorial Page
This is further elaboration on the tutorial. Add more stuff on this assignment.
Homework
By the end of the day, translate the Bible from Greek into English.
Caitlin Lane Dashboard HWK: Oct. 20
Female to Male Debt Disparity Dashboard Homework
October 20 HW- Samantha Van Dyke
Kris Smith 10.20.18
Assignment Two, Skylar Hazel
Beauty School Student Loan Debt Meets the Real World
Reporter: Skylar Hazel
Editor: Rob Wells
Beauty school students round up a lower median debt than private and public universities, according to College Scorecard. This is helpful when making a living post-graduation, but the salary cosmetologists are making may leave a small amount of money for things other than rent and student loan debt payments.
The median debt for students graduating from universities is $9,500 and for beauty school graduates it is $8,543, according to 2016 data from College Scorecard, a database maintained by the U.S. Department of Education. In the long run, a $1,000 difference is not a stretch, however, the income may differ between a cosmetology license and a university given degree.
Students who graduate from Paul Mitchell, a renowned beauty school across the nation, have a median debt of $12,000. Their tuition is $16,875 with the required kit included, which is an assembly of textbooks and guides as well as a skin care kit, according to the official Paul Mitchell website. A $100 application fee is charged as well, according to Robert Warren, school director of Paul Mitchell in Fayetteville.
A helpful aid for students paying for beauty school is the Pell Grant, “if you get the Pell Grant and you get the full Pell Grant, that’s $6,090 in your pocket,” Warren said.
An individual in the cosmetology field earns an average wage of $26,510 annually, according to the Bureau of Labor Statistics. That is $12.74 per hour.
With a cosmetologist average annual salary of $26,510, not counting tips which is a large portion of a cosmetologists’ income, and student loan payments of $100 per month, this only allows about $2,100 to live on each month. Fayetteville, being one of the top five places to live in America, according to U.S. News & World Report, has an average rent of $750 per month, according to the American Community Survey.
However, cosmetologists can make up to $41,490 a year, according to Chron. “It depends on the workload,” Warren said, “it’s like anything in life, if you work hard enough at it, you can make some significant money doing it.”
Hot Springs Beauty College has the lowest median debt of any beauty school in Arkansas, at $4,500. Tracy Akard, owner and Chief Financial Officer and Instructor at Hot Springs Beauty College, said their program, “provides grant aid to many low-income undergraduate students.”
“Many awards are given out and this helps tremendously with students’ debt load,” Akard said.
Hot Springs Beauty College is an institution with a 12-month program and instructors, according to their website. Tuition for the school is $13,500 and 70% of a student’s tuition can be covered if qualified. The kit required for school costs $1,495.
For private and public universities in Arkansas, the median debt is $9,500. The 2017 average annual income of a college graduate is $49,785, according to a study released by the Hay Group division of the executive search firm Korn Ferry. A students’ debt could be paid off in one year with $3,357 left for living expenses each month, according to these statistics.
The high cost of student loans is a continuous problem not only throughout Arkansas, but the United States. However, in today’s society, options are limited without a certificate of some sort from a higher educational institute.
“More education means more tuition, and more tuition means more debt,” according to Forbes.com. At the end of any program, you get out what you put in.
Contacts:
Tracy Akard, Owner, Chief Financial Officer & Instructor
Hot Springs Beauty College
Tracy@HotSpringsBeautyCollege.com
(501) 624-4258
Robert Warren, School Director
Paul Mitchell The School Arkansas
(479) 442-518
Sources:
College Scorecard
https://collegescorecard.ed.gov/data/
Bureau of Labor Statistics:
https://www.bls.gov/oes/current/oes395012.htm
Time Money
http://time.com/money/4777074/college-grad-pay-2017-average-salary/
Forbes
Hot Springs Beauty College
https://hotspringsbeautycollege.com/
Paul Mitchell Beauty School
https://paulmitchell.edu/arkansas
Chron
https://work.chron.com/salary-ranges-cosmetologists-8660.html
U.S. News & World Report
American Community Survey
https://www.census.gov/programs-surveys/acs/
Low/Middle Income Debt- Kris Smith
Liz Green Dashboard HW 10/20
Dashboard HW 10.17 – Haley Ruiz
REVISED Tableau Dashboard Oct. 20 HW
HW