Sajay Samuel: How college loans exploit students for profit
Sajay Samuel: Bagaimana pinjaman kuliah mengeksploitasi mahasiswa untuk keuntungan
Professor Sajay Samuel's proposal to reduce the burden of student loans is part of his larger preoccupation with thinking beyond the conventional categories of economics and ecology. Full bio
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for their passage to the new economy.
untuk memasuki perekonomian baru.
satu triliun dolar AS pada kreditor.
more than one trillion US dollars.
semampu mereka
dijaminkan atas nama mereka.
that is secured on their person.
diberi kesempatan kedua.
gets a second chance.
dari hutang pinjaman mahasiswa.
their student loan debts.
graduating with debt.
dari Colorado State University,
graduated from Colorado State University
atau hampir gratis,
sebagai barang publik.
as a public good.
Colorado State University,
from Colorado State University,
kuliahnya di jurusan Bahasa Inggris.
by working part-time.
was affordable, reasonable,
you paid off by graduation date.
bisa terbayar di hari kelulusan.
ketika ia lulus 5 tahun lalu.
harus mengambil pinjaman
has become unaffordable
tidak lagi terjangkau
banyak keluarga Amerika.
an expensive education
pendidikan yang mahal
jika Anda mampu melunasinya
dari pendidikan itu.
that you earned from it.
meets the road.
gaji 10% lebih besar pada tahun 2001
earned 10 percent more in 2001
25% orang yang terikat pinjaman mahasiswa
than a quarter of those who must
saat-saat terbaik,
can be the best of times,
yang tidak bisa kita abaikan.
in ways that you can't ignore.
tiga di antaranya hari ini.
untuk ijazah perguruan tinggi
is a consumer product you can buy.
produk yang dapat Anda beli.
just as the economists do now,
seperti dilakukan para ekonom,
sumber daya manusia
to improve the human stock
to sort and classify people
dan mengelompokkan orang
mempekerjakan mereka.
can hire them more easily.
ranks colleges
memberi peringkat perguruan tinggi
rates washing machines.
memberi peringkat mesin cuci.
and soccer and science,
olahraga dan sains,
of the student loan industry.
bagi industri kreditor bagi pelajar.
of 1.2 billion dollars.
sebesar 1,2 miliar dolar AS.
dikemas, diiris dan dipotong dadu,
and packaged and sliced and diced,
pinjaman sekuritas ini
keuntungan yang bisa diperoleh,
in the higher education business
pelaku bisnis pendidikan tinggi
promosi yang tidak benar,
that they pretend to educate?
yang harusnya mereka didik?
sebagai konsumen,
candu dan rasa iri."
of addiction and envy."
upgraded versions of an iPhone,
versi iPhone yang ditingkatkan,
more and more education.
ditawari bermacam pendidikan.
sertifikasi dan sertifikasi-ulang,
on certifications and recertifications,
as a status object.
sebagai pemberi status.
of a Louis Vuitton bag,
atau tas Louis Vuitton,
of envy of others.
sasaran iri orang lain.
hidden by a very noisy sales pitch.
tersembunyi oleh riuhnya pemasaran.
politisi yang berkata di TV,
on television telling us,
to a middle-class life."
menuju kelas menengah."
is the college premium:
adalah bahwa gaji lulusan perguruan tinggi
56 percent more than a high school grad.
dibanding lulusan sekolah menengah.
working as baristas and cashiers.
yang bekerja sebagai barista dan kasir.
in any form of post-secondary education,
perguruan tinggi,
including financial.
termasuk alasan keuangan.
di bawah kualifikasinya.
than high school grads,
lebih tinggi daripada
biaya kuliah yang selangit
for only those who complete it.
bagi mereka yang lulus.
have been cut to the bone,
sekolah menengah dipangkas habis
of what they have produced.
layak untuk pekerjaan mereka.
gaji yang layak,
a bad investment for many.
investasi yang buruk bagi banyak orang.
diskon sekolah menengah.
are not going to find an adequate job.
menemukan pekerjaan yang memadai.
doesn't look particularly promising --
tak tampak begitu menjanjikan --
akan menanggung derita
about this college premium thing.
gencar mempromosikan
itu lebih tinggi.
higher education as a consumer product?
memandang kuliah sebagai produk konsumen?
what you're paying for.
apa yang Anda beli.
produk pendidikan tinggi,
yang diperlukan.
miles per gallon to expect.
jarak tempuh per liter bahan bakar.
dari sebuah gelar,
to the expected income.
biaya studi di jurusan tertentu
Pendapatan atau BKBP.
Berbasis Pendapatan.
from a given college and major.
sesuai perguruan tinggi dan jurusan.
to the huckster's ploy,
trik promosi & penjualan perguruan tinggi.
uang kuliah lebih mahal dari,
of the additional income they earn?
lulusan perguruan tinggi?
to Income-Based Tuition.
dengan pendapatan,
to manage costs better,
mengatur biaya dengan lebih baik,
the same tuition for every major.
sama besar untuk semua jurusan.
and should change.
lebih banyak sumber daya,
as a consequence,
goes on and earns more money.
buy the same product,
barang yang sama,
half or a third of the service.
layanan yang lebih besar.
servicing their student debt,
dari 25% gaji mereka,
when majors are priced more correctly.
jika biaya setiap jurusan itu sesuai.
membuatnya, kan?
perusahaan akuntan publik
of Income-Based Tuition,
and the fact of financial ruin
dari ketakutan dan kebangkrutan
akan kembali menemukan
kecintaan untuk belajar --
that they really want to.
students in America.
mahasiswa berhutang di Amerika.
ABOUT THE SPEAKER
Sajay Samuel - EducatorProfessor Sajay Samuel's proposal to reduce the burden of student loans is part of his larger preoccupation with thinking beyond the conventional categories of economics and ecology.
Why you should listen
Sajay Samuel is an award winning professor of accounting at the Smeal College of Business at Penn State University. He has organized seminars and lectured widely in Europe and elsewhere on a range of topics, including science and technology, the political economy of professions and decision theory.
Samuel received his Masters in Accounting and Ph.D in Business Administration from Penn State University in 1990 and 1995 respectively. Since then he has taught management accounting and related subjects to undergraduates, graduates, MBAs and Executives over assignments that included stints at Bucknell University and the University of Connecticut. He returned to Penn State in 2003 and now teaches a capstone course to all undergraduate business majors titled, "Business and Industry Analysis."
Samuel was awarded the 2006 Lester J. Shonto Faculty Award for Excellence in Accounting Education. Dr. Samuel's research has been published in such scholarly journals as Accounting, Organizations and Society, Administration Science Quarterly and Symbolic Interaction. His most recent work on accounting, technology and on the history of ideas, has appeared in three articles in the Encyclopedia of Science, Technology and Ethics (2005). His current research aims at clarifying the political implications of accounting practice. His studies in this area concern the political significance of administrative agencies and professional associations in liberal democratic polities. He has presented the early fruits of this work in France, Italy, Germany and England.
Sajay Samuel | Speaker | TED.com