SECTION 2: Extended Essay
Select one of the three topics below for your extended essay. In your own words, clearly state the issue and outline its key components, with a maximum word count of 1,500. Identify specific areas you aim to address and describe your proposed solution. Be sure to mention any partners or resources you would need to achieve your goal.
Topic 1 (1,500-word max):
African American households have a fraction of the wealth of white households, making them more vulnerable to financial crises and leaving them with fewer resources for assistance. Wealth enables families to manage financial emergencies, such as a job loss or health crisis. The ongoing lack of financial security has severe consequences for the African American community.
How would you address the wealth gap that the African American community is facing? Outline the initiatives and policies you would propose to address this issue. Identify key stakeholders, obstacles, and potential strategic partnerships. Highlight the elected officials you would engage to advocate for policy changes.
Topic 2 (1,500-word max):
Student loan debt is a significant barrier to building and sustaining wealth in the Black community. Research shows that 86% of Black college students take out federal loans to attend four-year colleges, compared to 68% of white students. On average, Black graduates owe approximately $25,000 more in student loan debt and are more likely to default on their loans than White graduates. Although various efforts and initiatives have been introduced to address student loan debt and forgiveness, the issue persists.
Discuss this issue by outlining the factors contributing to student loan default. Choose one or more of these factors to explore in depth and explain how you would influence policy to help resolve the problem. Additionally, mention any partners or resources you would need to achieve your goal.
Topic 3 (1,500-word max):
Present an issue that you believe requires greater awareness. Clearly outline the problem, highlighting the key barriers and opportunities involved.
What is your proposed public policy solution to address this issue? Describe your approach to tackling the problem and gaining support. Identify the individuals or groups you would engage with to advocate for this cause.