Date: October 18, 2017 To: Lance Uyeda From: Brandon Najarian Subject: Research Project Status Update This memo describes the progress both my team and I have made in respect to our final research project on Hawaii’s cost of living and its effects on students. Additional sources have been analyzed, some of which will be used… Continue reading PWC 11 →
Date: October 18, 2017
To: Lance Uyeda
From: Brandon Najarian
Subject: Research Project Status Update
This memo describes the progress both my team and I have made in respect to our final research project on Hawaii’s cost of living and its effects on students. Additional sources have been analyzed, some of which will be used in the final report and some that will not. Overall, progress has been made in certain areas and the team is on track to meet the due date.
Background: In preparation for the assignment, our team began briefly researching the topic of the cost of living in Hawaii. Though this is not the primary focus of our report, we were looking at the quality as well as the availability of hard data from the state. Finding that the information was readily available, we began to search for data that reflected the nations average cost of living, both year-over-year increases, and averages, which was also available.
Work Completed: Over the past few days, our team has decided on a thesis statement and general direction the report will be heading. We have also begun to delegate duties and responsibilities to each other and began to work on our meeting schedule. I’ve also interviewed my financial aid counselor regarding how the cost of living is calculated within FAFSA and, invariably, EFC. Our group has also begun to explore other sources of information such as EBSCO and various .gov websites.
New Information: According to the website expatisan.com, Hawaii ranked 6th most expensive city in the United States and 17th in the world (with Hawaii having the most expensive toilet paper in the entire world). Also, according to the same website, the average monthly rent for a 900-square foot unit is $2100.00, with monthly utilities per person priced at $205.00. Expatisan gathers this data from various government agencies such as the Organisation for Economic Co-operation and Development (OCDE), and the Bureau of Labor Statistics among others. This data will prove invaluable when composing our final report, and because Expatisan gathers information from reliable sources, it’s easily verifiable.
Another relevant and important article was found through Pacific Business News, and it’s titled “UH resident tuition jumps 137% over past 10 years”. The article compares the elevation in UH’s resident tuition over a period of 10 years beginning in 2004 and ending in 2014 and states that the University of Hawaii at Manoa has had the largest tuition increase in the nation over the 10-year period. The article also references reliable sources such as the Hawaii State Data Book (which is compiled using data from various government agencies) as well as information directly from the university itself. The most striking and, I believe, important fact was that in 2004, the university’s resident tuition per semester was $1,704.00, compared to 2015-16 school year which was $5,172.00. This fact alone will prove relevant for our final paper and provides a stark look at the universities rising tuition costs and how that, coupled with the 6th highest cost of living in the nation, can dramatically impact students and student debt.
Work to be completed: I believe that our next step is to decide who our audience is, then we will have a better idea of what the overall tone of our paper should be. After that, we need to decide whether we will be comparing Hawaii to the rest of the nation or one specific state. Only after that decision is made, will we be able to continue our research. Though we began the research process, more is definitely needed. After we compile all our data, we will then have to organize it in relation to our reports structure. Next, we will need to refine our PowerPoint presentation to complement our final report and presentation. Finally, we will need to finalize and practice our presentation.
Anticipated problems: From what I gather, I believe our biggest issues will be the following:
- Scheduling meetings
- Organizing/compiling data
- Practicing presentation
By November 29, our final report will be completed and our presentation will be ready.
References:
“Cost of Living in Honolulu, Hawaii, United States. Oct 2017 prices in Honolulu, Hawaii.” Expatistan, cost of living comparisons, Expatistan, 2017, http://www.expatistan.com/cost-of-living/honolulu.
Galagher, Kathleen. “UH resident tuition jumps 137% over past 10 years.” Bizjournals.com, Pacific Business News, 25 Mar. 2016, 13:3p, http://www.bizjournals.com/pacific/news/2016/03/25/uh-resident-tuition-jumps-137-over-past-10-years.html.