Graduation Year

Fall 2010

Document Type

Open Access Senior Thesis

Degree Name

Bachelor of Arts



Reader 1

Marc Massoud


My motivation to write this thesis is based on the controversy surrounding the Social Security system that has recently infiltrated the media. Through my research, I have discovered the debate concerning Social Security is not a recent development but has existed since the 1930’s. Many sources are warning citizens to no longer count on Social Security as they most likely will not receive benefits until a extremely old age if they receive benefits at all. Current retirees are fearful of either a decrease in benefits or not receiving the money they contributed to the system through the years of employment at all. Proposals and options for overhauling the system have moved to center stage in politicians’ agendas and numbers of solutions have surfaced. Unfortunately, this debate is creating a huge divide between party lines in Congress. Some argue for more government control while others advocate privatization. The goal for this thesis is to perform a cost/benefit analysis of the two ideologies and determine which is more practical and realistic for both the government and the people.