Coming outof a great economic depression, the United States experienced tremendous growthin the 1950s. This tremendous growth provided many with the opportunity to buymore, pursue new music, develop as fashion icons, and make advances intechnology. It was also a time for political conflict. The war on communismdivided many American communities.

The 1950s was also the start of the civilright movement, which sought to bring those opportunities available to everyoneelse to the minority community. On the heels of a world war, economic growth inthe United States provided new opportunities to many; but all of this wasundermined by a struggle for equality and political identity.     Many historians use the word “Boom” to describe the growth of the1950’s, baby boom being the most popular. The record number of approximately 4million babies born each year in the 50’s. After the 6-year war people wereeager to start a family in the United States because the war was finally overand peace was finally here. Inmany ways, they were right. The economy boomed.

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The government spending had alot to do with this starting with the construction of interstate highways,building of new schools and new technologies like computers–all contributed tothe decade’s economic growth. With unemployment rates averaging around 5% andlow inflation rates the middle-class people had more money to spend and,because the availability of consumer goods expanded along with the economy,they also had more things to buy.            The1950’s was the rebellious era of rock and roll genre with some of the mosticonic artists and songs of the century, one in specific, Elvis Presley.   

Student loan increase tuition While looking into potential foundations for educational cost, I read a fascinating examination done in 2015 that analyzed if there was an association between the increase of tuitions and increase of student loans. According to Preston Cooper, a Forbes Contributors in his articles How Unlimited Student Loans Drive Up Tuition on 2017 states that federal student aid programs drive up educational cost. In fact changes to federal student loans are more than adequate to clarify educational cost at private nonprofit colleges. In addition profit colleges qualified for federal student aid help charged educational cost 78% higher than non profitable colleges.(https://www.

forbes.com/sites/prestoncooper2/2017/02/22/how-unlimited-student-loans-drive-up-tuition/#e96a40552b63)In fact According to a live ticker created by MarketWatch, student loan debt is expanding at a rate of  $3,055 every second.(http://college.usatoday.com/2015/08/20/report-federal-aid-rising-tuition/)  To further the matter, Mark J. Warshawsky, Former Senior Research interview economists from the New York Fed, David O. Lucca and Karen Shen, and Brigham Young University professor Taylor Nadauld stated in his article Increasing Student Loans and Rising Tuition.

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Who stated they examined the causal connection between developments in federal student aid programs and educational cost. They also stated increased borrowing or increased loan supply prompts higher educational cost. Lucca, Nadauld, and Shen discovered that advanced education establishments that are more presented to changes in the sponsored federal loan program expanded their educational cost excessively, with a critical passthrough impact on educational cost of around 65 percent (https://www.mercatus.org/commentary/increasing-student-loans-and-rising-tuition-latest-research)Furthermore, Secretary of Education William Bennett composed a short commentary prediction that expanding money related guide could lead universities to build educational cost according to Jen Mishory a usnews Contributor on 2016 in her article the real tuition story (https://www.usnews.com/opinion/articles/2016-08-05/increasing-need-based-aid-doesnt-drive-up-tuition-at-public-colleges)Transition: knowing what cause tuition to increase helps us get one step further to know how to solve it.

Merone will now talk about the possible solution to lowering tuition.