ERIE COMMUNITY COLLEGE TITLE III English Composition Assignment Interdisciplinary Course Materials Business Administration Course: Topic: Project Title: English 020/ 021/023 Developmental English Argument essays Planning for Retirement Project description: This project will unfold in three basic phases: (1) Students will be asked to decide on a career (if they have not already done this) and research the retirement options offered by potential employers (including 401(K) and 403(B)). (2) Students will research independent savings strategies (Mutual Funds, etc) that could be used in conjunction with their employer’s retirement package. (3) Once students have conducted the necessary research they will devise a feasible retirement plan and provide reasonable support for this plan presented in essay format. Course Outline Topic: Students will compose a unified, coherent composition regarding their own personal plan for retirement. Through this assignment students will gain a deeper understanding of retirement planning, and will learn to evaluate their options through potential employers and independent savings strategies. Students will extend their skills in evaluation & inference-making, and will gain the tangible benefit of a reasonable retirement plan. Author: Peter C Fernbach Curriculum Expert: Gus Brennan, Business Administration Semester Created: Spring 2008 A. Essential Question: How do we plan for retirement in an age of financial insecurity? B. Introduction: In the day and age of financial insecurity it is becoming more important every day to plan for one’s financial future. While we are encouraged to plan for our futures and retirement, how many of us have actually done it? Although retirement seems like a distant horizon, the earlier you learn to plan, the better your chances for financial security. C. Basic Directions: This project will unfold in three basic phases: (1) First, you will look into the retirement packages that are currently being offered by their potential employers. Recently many employers have defaulted on previously promised pension packages, including such large corporations as United Airlines, making many employers wary of offering too much in the way of retirement benefits. In some cases you may be disappointed with what they thought would be an employer offering a stable retirement, in other cases you may be pleasantly surprised. (2) Whether your potential future employer offers a desirable benefits package or not you will be required to research their independent savings options also. You are encouraged 1 Erie Community College Title III Grant to look into a number of savings options: 401(K), 403(B), Mutual Funds, etc. You are also encouraged to contact financial planning organizations to get a better idea of your options. (3) Once you have conducted research into their retirement options students will compose a unified, coherent essay describing their plan for retirement. This could include an ‘ideal’ plan, a ‘reasonable’ plan, and/or a ‘worst case scenario’ plan. D. Things to Learn or Consider before Starting the Project: We will research the retirement packages that are currently being offered by employers. Students will get an overview supplement regarding retirement investing ala Gus Brennan (included). Students will also get an introduction to retirement planning from such websites as About.com at http://retireplan.about.com . E. The Project Assignment: This project will unfold in three basic phases as mentioned before: 1) Introduction: Our introduction to retirement planning will be both general and individualized as we will look at basic retirement planning guides and will also be looking into individual employers. Therefore, students will gain broad overview from which they can select their individualized options. 2) Research into Independent Savings Strategies: Students should be aware that there are many savings plans outside of pension programs including plans that can be supplemented by employers and those completely independent of an individual’s employer. 3) Retirement Planning Essay - The final composition will essentially be a persuasive essay convincing me that they have a reasonable plan for retirement. Steps I and II in the project should lend themselves as research for this final essay. Students should use the knowledge accrued in order to justify the strategy that they have devised. F. Student Resources: 1) Your textbook will provide examples of “argument essays.” While these may not provide arguments about marketing strategies, they will give you a general idea of the rhetorical, organizational, and formatting strategies you will want to employ in your own writing. Also, a number of other rhetorical modes might be helpful in constructing this essay: classification, compare/contrast, exemplification, etc. 2) A part of our introduction into market research will come from About.com at http://retireplan.about.com 3) The included materials will help students understand retirement planning. 4) When considering the final written product students may want to consult the Online Writing Lab from Purdue University (http://owl.english.purdue.edu). This website offers a plethora of valuable information on all sorts of issues in writing. 2 Erie Community College Title III Grant G. Faculty Resources: 1) Most developmental composition textbooks provide valuable information about, and examples of argumentative, classificatory, compare/contrast, process oriented writing. These will help guide students in their writing process. 2) Many financial management firms will be happy to provide a guest lecture. 3) For phase I of this project any media outlet including television or magazines will be a good resource. H. Grading Rubric: 1) Participation 20 % 2) Rough Draft 10% Done or not done 3) Final product 70% For each grading category (represented in rows) students will be given a grade 0-20, each of which will be added up for a final score out of a possible 100. Excellent Adequate Not Adequate Ideas are clear and Ideas are clear, but Ideas are unclear and Ideas (0-20) Topic, thesis, focus, insightful, conventional or demonstrate a lack of purpose, audience consistently general and support focus. supporting a thought- the overall purpose of provoking thesis. the paper. Development is Development(0-20) Abundant details and Development is Details, evidence, examples that arouse sufficient, but general, insufficient, providing support, logic audience interest and providing adequate, scarce or inappropriate provide relevant and but not riveting evidence and support adequate support. support Organization is Organization is Organization(0-20) Organization is Structure, coherent and effective coherent, but weak at incoherent and coherence, unity, in supporting the times, perhaps fragmentary, lacking transitions overall purpose of the exhibiting abrupt details, evidence, and paper. transitions between examples. paragraphs or ideas. Readable, but Style is incoherent and Style & Mechanics Style is rhetorically effective and exhibits unremarkable in tone, inappropriate, and (0-20) Sentence structure, varied sentence sometimes including exhibits serious errors word choice, tone, structure, precise distracting, but not in grammar or word grammar, spelling, word choice and serious errors. choice. punctuation correct grammar. Format is correct and Format is mostly Format is faulty and Format (0-20) Presentation, all guidelines have correct and most guidelines are not met. sources, MLA been followed. guidelines are met format Final 3 Erie Community College Title III Grant