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Student Congress on Economic Issues2002 ResultsParticipating high schools: 2002 Results (winning team from each topic):
Topic One TEAM ONE: Go to school taking out a loan. The $16,000.00 he will need can be paid back after he graduates. The interest rate is 5.9% and he will have 10 years to repay. His monthly payment will be $177.00. North/Henry/South TEAM TWO: Work for two years at a full-time job. He can save $8,000.00 per year living at home with his parents and then he could attend college without taking out a loan. Edison/Southwest TEAM THREE: Work part-time while going to school part-time. Jamal figures
he could graduate in seven years by using this method. Note: Be sure to think about the opportunity costs that apply as you argue for your position or against another position. Return to TopicsTopic Two TEAM ONE: Government should increase the supply of affordable housing by building more housing or giving incentives to others to build housing. Team: South/Roosevelt TEAM TWO: Government should give direct aid, like rent certificates, to people who cannot afford housing. Southwest/Henry TEAM THREE: Government should not be involved in the housing market. It should focus on ways of raising income levels such as promoting economic growth or raising the minimum wage so that people can afford housing. Washburn/North/Edison You are interested in reducing crime in your community. You have been given one million dollars to spend on crime prevention. How should you spend the money to give you the most benefit from your money? TEAM ONE: Give the money to the government to hire police officers and build more prisons. Southwest/North/Roosevelt TEAM TWO: Use the money to increase community crime prevention programs
like Neighborhood Watch, McGruff Houses, etc. TEAM THREE: Invest in social programs involving children. Programs like DARE and Head Start, or programs that offer nutrition or after school activities. Edison/South |
Glossary
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