Essays on Student Loans

In the world today, there are several huge problems in the education world, and they are growing larger and larger by the year. One of these problems is bullying, and cyberbullying. This is a problem that seems to plague schools worldwide, and continues to be a prominent issue in the world today; there is little evidence that it is being effectively handled at this present time. However, there is another issue in the education world that is one of the largest, but seemingly ignored problems and that is a shortage of teachers. Interesting enough, it can be said that Continue reading...

One of the most important issues that currently face the financial markets is student debts. Many people hope to realize their life long goals of completing college, university, or professional studies, but are not able to afford it. Furthering your education will not only help you to be more successful in life, but it will also give you a deeper understanding of many aspects of life. “The decision as to whether to invest in one’s human capital in the form of education requires that an individual compare the present discounted value of benefits—among which are the gains Continue reading...

The Effect of High College Costs to the American Society

The importance of college education has been ingrained in the minds of all Americans for decades, it is perceived as the epitome of success and the gateway to a great career that will lead to the achievement of the American dream. However since the economic recession this has not been the case with the unprecedented rise in college tuition fees, the amount of college graduates who are deep in debt has increased, the number of college dropouts has also increased, more students are stressed and depressed and the fact that unemployment rates are very high even for graduates has Continue reading...

The economic strain on the society makes higher education a dream for many students in today’s society. More often than not, parents have to shatter their children’s dreams because they are unable to afford tuition fees. Government scholarships or bursaries cannot meet the needs of the overall fees. In many instances, these government aided grants carry the weight of maintaining a high academic average, and students who need help cannot maintain such average. As a result, the students turn to various lending agency that offer loans at a high interest rate. However, with the current economic crisis, Continue reading...

Timothy Noah’s invective against the high cost of college does not offer any new insight to those who have been faced with the exorbitant price of attending a university or college during the last decade or so. The reason for price inflation at the college level, according to Noah, is due to the fact that a college degree is an “obvious necessity in this economy that people will pay nearly anything for it, and colleges know that” (Noah 2013). According to Noah even after “controlling for inflation, tuition and fees have risen 26 percent during the past ten Continue reading...

Welfare fraud and abuse involves the use of vast amounts of the federal money for various activities and programs without accounting for the value attached to those amounts of money. The transactions and programs where the money of taxpayers are channeled led to many cases of fraud and abuse of such funds by the responsible agencies and administrators. The money and funds used in the government grants and subsidy programs are subject to fraud and abuse. The people responsible for handling and management of such funds ending up misusing and abusing the money by channeling to their personal activities Continue reading...

The provision of subsidized higher education has revolutionized education in most parts of the world. Government from various parts embraces the practice in an attempt to improve their development of the economy; this occurs through the improvement of the citizens’ literacy and skill levels. It opens doors to opportunities for individuals with financial challenges, in educational progress. Many individuals have the ability of achieving high academic accomplishments. A good number of the individuals terminate their education due to funds inadequacy; this is where the government’s subsidies come into the picture. Higher education subsidies’ primary goal is the promotion Continue reading...

Response to Wolfers’s and Webley’s Articles

An online petition about forgiving student loan debt for all Americans has since received/raised nearly 300,000 signatures. The people who came up with this idea and those who approve of it believe that student loan debt forgiveness will have an immediate simulative effect on America’s economy. While many people signed to endorse the policy of forgiving student loan debt, some people have a different opinion about it. For example, journalist Kayla Webley and economist Justin Wolfers are among the few who have made their voice herd on this matter. Although both Webley and Wolfers think student loan Continue reading...

The current changes in the education system have been the topic of discussion in the contemporary world. Prevalently, education has met myriad changes as it transcends from the traditional method to present-day education. The old-style education involves the learning process in which the students physically interact with the instructors. Similarly, the traditional method countenanced the student to dig deep into their pockets to cater for the education expenses. Evidently, the old education was inconvenience and expensive to numerous students. The outcry of the students, have led to several institutions creating online programs called e-learning to permit the students with Continue reading...

The Pitfalls in Borrowing Money

A. The dangers or risks of borrowing money
B. Background of borrowing/ responsibilities of borrower
C. Thesis Statement: Borrowing money creates a profile of financially-at-risk individuals that shall be dependent on the characteristic of the borrower, who may the tendency to mismanage and misuse their credit cards.
II. Counter-Arguments
- There are advantages and disadvantages in borrowing money through loans and credit cards.
- The financial problems of the borrower are easily resolved by seeking financial assistance from loans and credit cards for payment of mortgage, car loans, student loans and other emergency needs.
- Since credit card charges Continue reading...

Is Forgiving Student Debt a good Idea?

Tertiary education in America is expensive, and the economic situations are harsh such that students cannot access decent jobs to enable them, pay off their debts. President Obama is proposing a plan to forgive the student loan debt. The proposed plan Pay as you Earn will enable the borrowers of loan to make a contribution of 10 percent of their income, and after 20, years, one’s loan will be forgiven (cox 14). In doing so, it would ensure that billions of money in the form of student loan debt are forgiven regardless of what was borrowed. This program Continue reading...

The number of college graduates have increased overtime, with an estimated 30% of adults holding degrees by the close of the year 2010 in the United States. It is estimated that upwards of 50% workers have level of education that do not match their respective levels of education, with the majority of these employees having relatively more education than is required. Overeducation results in considerable wage costs by individuals, coupled with productivity losses to the economy. These costs have increase in part due to the faster rise in higher education participation, which has not been matched, by corresponding increases Continue reading...

Every year millions of students head off to college. Whether away from home, down the street, or in the bedroom on the computer, adults and teenagers all over are starting the journey towards achieving a middle class lifestyle by attending college. For many this is a dream financed with hard work rather than money from parents. While universities and professors may want students to focus solely on their studies and come away from each class with a deeper, transcendent understanding of the class material to provoke philosophical contemplation and achieve mental and spiritual synergy, the plain truth is most Continue reading...

Management Career Decision Making: Quinn

(Instructor Name)
(Author Name)

Executive Summary

Quinn is trying to determine if doing his Ph. D. and setting up a business in leadership mentoring and coaching will allow him to achieve his goal of earning $200,00 per year, paying his two kids’ college tuitions and traveling around the world. His alternative is to continue on the basis of his two Masters degrees and try to reach a senior executive position. Through the use of decision-making tools, this paper seeks to help Quinn in deciding how best he can achieve his goals without taking on undue risk and possibly affecting his Continue reading...

Introduction

This research paper seeks to explore the Occupy Wall Street Movement in a bid to examine the moral and economic implications of its agenda as well as analyze them against the various business ethics theories with a view to finding which of the theories suit it best. Further, the paper shall grapple with the question as to who is responsible for the economic inequality that has necessitated the protest by the Movement and whether such inequities developed instantaneously or in a piece-meal fashion. This paper shall put forward an equitable outcome that bodes well for the capitalistic society that Continue reading...

Introduction

Bankruptcy is the state of being unable to repay debts owed. This is a legal status that can affect an individual or an organization. In the United States, there are laws set to help debtors through liquidation process. Alternatively, the individuals can create a repayment plan (Federal Courts, 2011).

Bankruptcy Basics is a publication of the Bankruptcy Judges Division of the Administrative Office of the United States’ Courts. Its major role is the provision of relevant information to creditors, debtors, courts, the media and individuals on bankruptcy and existing federal bankruptcy laws. It contains Continue reading...

For any student, getting a chance to study abroad is a life-changing experience and an experience anyone would hope to have. Imagining what opportunities may arise with a diploma from a respected university abroad seems promising. Students also find this once in a lifetime opportunity as a great way to learn more about their respective fields as universities abroad, especially in the United States. But there is a setback into this due to the expensive and sometimes outrageously priced fees foreign universities asks to its international students. To reduce the possibilities of losing talented Continue reading...

According to Josh Mitchell, the weak job market has caught some Americans forcing them to line up for the low-cost student loan not for educational needs that would boost their prospects for employment, but to take advantage of the low-cost loans. It has been noted that many are enrolling in these colleges with little intention of getting a degree. Mitchell cites the example of the case of Ray Selent, 30 years, who was unemployed in 2012 and enrolled at Broward County Community College to pursue a degree in theater. This enrollment allowed him to apply for the loan that Continue reading...

According to an article posted on the online Wall Street Journal on 3rd March, 2014 said that most American citizens are going for loans supposed to be offered to students. The reason as to this is that these loans are repayable at a very low interest, thus being very convenient to students. The article adds more information that most people taking these loans do it for the cash; to help them in other stuff rather than helping them study. Most of them are in low paying jobs that cannot afford a normal loan. The article describes the reason for Continue reading...

The major cost factor that contributed to the choice of chief information officer (CIO) is the low operational cost of IT infrastructure at USA Group than at Sallie Mae. The executive group from the Sallie Mae made a choice based on whose IT organization is better in terms of management and cost of operations. Creg Clancy happened to be the former chief information officer at USA group. This company had several dollars portfolio of student loan hence was larger than Sallie Mae. The company therefore invested $100 million in the information technology five years prior to its merger with Continue reading...

The debate on the cost of college has been on the rise in the past decades almost reaching fever levels. Policy formulators and educationist have raised concerns this issue. Some argue that the costs are expected and valid while others claim that the changes are not only significant, but profound and unfair. There is enough evidence that even with the inflation taken into consideration; the cost of college is by far too high. This paper seeks to offer the arguments on this issue with a focus to proving the truth behind the increased cost of college cost.
According to Continue reading...

Introduction

Most agree that going to college is a positive step, and that gaining a college degree opens up more job opportunities with better pay, meaning that it is likely that graduates will enjoy a better lifestyle, plus various other benefits. However, the costs of spending four years at college are considerably more today than they were in years gone by. This essay argues that those costs are too high, and leave many graduates with a huge debt to pay off, reducing the amount of net salary received in the first years of post-graduate employment.

The Arguments

Odland (2012) describes college costs Continue reading...

What is the problem?

At present, the majority of residents of Ohio State, let it be an individual, a student, etc. are burdened with debt. The poor debt scenario of the Ohio State came into scene when during 2005, the bankruptcy rate went double to the rest of United States. However, as per the data published by a website, although Ohioans carry less debt burden that the residents of other states, however, still the level of debt is high. Important to note that although the state’s residents carry less mortgage burden but the credit card and student loan amount has reached an Continue reading...

Introduction

The last few decades have seen an unprecedented increase in student loan debt levels and in fact, student loan debt has become a fully-fledged crisis. Students have been incurring enormous debts. These students later on find themselves defaulting in their payments and because of this, education policy makers and experts have had endless debates regarding how to tackle this problem. The debate has been laden with inconsistencies and lack of consensus and most of the solutions advanced have not been effective. One of the key problems contributing to student loan crisis is the lack of adequate knowledge and awareness Continue reading...

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Executive Summary
The University of Maryland is considered as one of the best public universities in the United States. However, the rising cost of tuition fees and other charges has placed public institutions in an awkward situation making it questionable if whether they can provide affordable and quality education in the face of the current economic hardships. Students, on the other hand, could not help but seek for various loans in order to make their way through college. For most families who are earning a median income, sending a single child in college would leave them financially Continue reading...

Essay 1:  CUTS FOR BAIL

      (1)In the past decade, college tuition has risen three times as fast as the consumer-price index and twice as fast as medical care. One of the most important factors driving price at public colleges and universities has been the decline in state support for higher education. With rising tuition and declining state financing, students and families are assuming a growing share of college costs. Tuition revenues now make up about half of public university revenues. And with colleges facing larger pensions, health care and technology costs, the pressure to keep(2) raising tuition is intense.
Critics of higher Continue reading...

Throughout the world, education is linked with income in the minds of many, particularly as they arm their children for the challenges of life. Getting a college degree is often equated with getting a better job and making more money; this is often the impetus behind pursing higher education for many people in industrialized countries throughout the world. However, is this true? Is there a correlation between the level of education one has and the amount of money they make? The following examines the literature available on the subject to gain an understanding of the pervading wisdom of academic Continue reading...

ABSTRACT

Higher education costs have increased greatly in the last thirty years, in part because of increased federal and state spending and growing enrollments. In the recent recession, though, high unemployment and student debt among graduates have raised questions whether a four-year degree is still worth the investment. In certain fields, particularly science and technology, university graduates will have higher lifetime incomes than those with high school diplomas, but this is not the case for those with liberal arts degrees. Universities have been reluctant to change their policies in an era of reduced public spending, despite government demands for lower Continue reading...

The Impact of U.S. deficit, Surplus and Debt

The gross domestic product is simply written as illustrated below where;

C – Consumption, I – Investment, G – Government spending, X- Exports, IM - Imports
GDP = C+I+G+ (X – IM)
Therefore, a U.S. budget deficit, surplus, and debt have different effects on Phoenix University student and exporters such as the domestic automotive manufacturers such as general motors and ford. More exports are favorable than imports as they add positive value to the GDP. To begin with it is crucial we understand what the three phenomenon mean. A budget deficit occurs when government spending surpasses revenues collected from taxation. A surplus occurs when revenues Continue reading...

Introduction

Post-secondary education can also be referred to as higher, tertiary or third level education. It’s an advanced stage of learning that takes place at colleges, universities, seminars and technology institutes. It also includes certain institutions which provide colligate level education such as vocational institutions, career colleges, community college, independent colleges, which provide professional certification courses or academic degrees in affiliation with higher level institutes (Steckley and Kirby Letts, 2007).
The social activities by the colleges and universities, teaching, research, acquiring precision in applied work (as in medical and dental schools) also falls in the realm of higher or Continue reading...

It is crucial to comprehend various aspects of credit card, loan, and banks. This is so because it determines the credit worthiness and informs individuals on how to earn more benefits. The three individuals from the bank gave as a lot of information pertaining credit score, credit controls, positive and negative effects of credit loan, student loans, and tips on credit card security. The speakers during the workshop had worked for different years in their entire career. The first on had worked for ten years, the second also has been in the field for approximately ten years, while the Continue reading...