ECON Undergraduates Blog

ECON Undergraduates Blog


Fiscal Fallout Contest

Posted: 21 Nov 2019 11:39 AM PST

The Committee for a Responsible Federal Budget is now accepting submissions for our new Fiscal Fallout Contest, where students are given the opportunity to put a human face on the consequences of high and rising federal debt. The winner will receive $5,000.

The federal budget deficit will exceed $1 trillion this year, and the national debt as a share of the economy will reach its highest point outside of World War II. In the coming years, debt will continue to grow rapidly. As Federal Reserve Chairman Jerome Powell recently testified to Congress, "the federal budget is on an unsustainable path."

The consequences of high and rising debt include slower income growth, less ability to combat the next recession, rising debt service payments, entitlement programs on the brink of insolvency, increased burdens on future generations, and a higher risk of an eventual fiscal crisis.

While these consequences are alarming, they are hard to personalize. It is difficult to  visualize the damage debt can cause for individuals, families, and businesses around the country. The Fiscal Fallout Contest is an opportunity for those who would be most affected by the national debt, students, to demonstrate the human consequences of debt.

The Fiscal Fallout Contest asks students to create a compelling multimedia presentation (video, podcast, short story, song, storyboard, etc,) portraying the human and societal impact of our unsustainable fiscal situation.

Entrees could focus on any potential long-term consequences of debt – whether a spike in interest rates, stagnant wages, or some type of fiscal crisis – the choice is theirs!
The goal is to humanize the risks and costs associated with the debt, and to win $5,000 in the process.

Who: Open to current high school, college, and graduate students
What: A contest to raise awareness about the national debt
When: Submissions due March 1, 2020
Top Prize: $5,000 (what the U.S. spends every half-second on interest on the debt). Second and third place prizes of $1,000 and $500.

Submissions now being accepted!
More information available at:

Law School Informational Interviews for Seniors applying for 2020

Posted: 21 Nov 2019 11:10 AM PST

Tuesday, December 3-6, 2019 • 10:00 am - 4:30 pm | University Career Center, 3100 Hornbake Library, South Wing

Are you applying to one of the law programs below for Fall 2020?
If the answer is YES, this is your chance to meet with an admission professional on campus to ask informed questions and make a great impression!

In order to participate, 
  • Must be a senior who is actually applying for one of the programs below to begin Fall 2020.
  • Must RSVP for a specific time slot to secure an interview. You will log into Careers4Terps to select a time.
  • Dress code - business professional.
  • Bring 2 copies of your resume.
  • Bring specific questions regarding the program.

PARTICIPATING LAW PROGRAMS:
American University Washington College of Law
Fordham University School of Law
University of Maryland Francis King Carey School of Law
Boston University School of Law
Catholic University of America Columbus School of Law
Fordham University School of Law
University of Maryland Francis King Carey School of Law
Benjamin N. Cardozo School of Law
George Mason University Antonin Scalia Law School
The George Washington University Law School
University of Baltimore School of Law
William & Mary Law School
The George Washington University Law School
University of Baltimore School of Law

Event information. For additional information about this event: Contact Michael Maiden at mmaiden@umd.edu at the University Career Center.

The Gossett Student-Athlete Center is now hiring tutors

Posted: 21 Nov 2019 08:09 AM PST

CLICK TO ENLARGE

The Circle: Campus Conversations on Hate and Bias

Posted: 21 Nov 2019 05:12 AM PST

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