Going to full-time college is expensive. Considering the financial costs of room, books, and tuitions, the biggest opportunity cost is the money that could have been accrued by entering the job market. The college going youths also bear the financial burden even before the start of their career. Assuming a student who will pay 1500 dollar annually to the college plus 5000 dollars he could have made by annually by doing some job, the college came at 26000 dollars opportunity cost for the student. These bucks could also have fetched a chic bike or any other thing of choice. ...
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The population of the United States has reached the point where the Baby Boomers are becoming elderly. With advanced age comes the problem of maintenance. At the end of World War II in 1945 there was an explosion of births leading to the Baby Boomers. As the population of the United States ages the number of individuals who will be considered elderly will increase tremendously from this initial wave of the Baby Boomers. The documentary presented by Frontline titled “Life and Death in Assisted Living Facilities” addresses the problems faced by this expanding population group. In a series of interviews ...
The federal government in America defines vocational education training (VET) as any preparation that occurs below the baccalaureate level (Rauner & Maclean, 2008, p.296). The roots of vocational education in the US can be traced back to the 19th century, a time when the agrarian revolution was at its pick. Government funding for this programs however was started in the year 1916 (Rauner & Maclean, 2008, p.296).The aims of VET have been altered severally since its conception and they have included the training of people to fill job positions in the country’s rapidly growing economy as well as ...
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