...college education. Some type of secondary education should be encouraged but a four year college degree should not be pushed upon high school students. Obstacles such as mindset, wants for trade work or specialty careers, and debt leads students away from the idea of a college education. In many situations this high level schooling is not necessary. College is not solely a test of intelligence, therefore when watching for college standard abilities seeing your child developing self-management skills and study habits should be viewed as accomplishments. Creating this hardworking mindset will more greatly benefit the student than acing all his/her high school tests. ““Children only have so much time in a day,” Redford explains. "There is definitely a point of diminishing returns when it comes...
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... Sending a child to college; out of state versus in state High School Seniors and their parents often find that the school that the student has chosen may come with hidden surprises in the form of extremely high tuition rates. These rates make a local college a much more attractive and arguably, logical, choice. The extreme difference in the cost of attending a local college versus an out of state college is a factor that weighs on many parents and prospective students minds as they assess the cost and benefits of each option. Local colleges, or ones that are instate, come with a lower price tag for tuition than a out of state school. For example; Georgia Regents University tuition rates are approximately $2400 per semester for Georgia residents versus over $9000 for the nonresident rate at the same school. In addition to the lower tuition costs, a student may have the ability to live at home with parents saving even more money by eliminating the need for a dormitory room and meal plan. Further savings are realized by remaining close to family and thus having little or no travel associated with visits during breaks and summer vacations. Attending a local college allows for reduced or even no debt. Student loans are one of the biggest sources of debt among Americans coming out of High School. Beginning your adult life with this kind of debt can be a daunting prospect and causes many otherwise able and willing High School graduates to instead enter directly into the workforce...
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...between what aspects of life should be a part of market and which should not. Governments can also use regulations to lessen risk, promote efficiently by correcting markets failures and externalities .Government regulations can enforce property rights, stimulates anticompetitive activities and increase competition. Government intervention can be appropriate and successful by eliminating monopoly, facilitating loans to students and business, establishing ethical rules to avoid corruption and so forth. But in contrary of that, public spending could negatively impact the economy, small business, others products and the consumers. Today our students are suffering some implications from their federal loans. “Student debt has nearly tripled since 2004, according to the Federal Reserve Bank of New York, and college students are borrowing larger amounts. And recent graduates are finding fewer job opportunities and lower or stagnant wages” (Pant, 2013). Therefore, there are many of controversial issues because some public investments and programs will not have efficacy and eminence results in our society Are Student Loans Destroying the Economy? No. But by trading cars for college (and homes for homework), some young people are investing in themselves rather than in the economy's biggest-ticket items DEREK...
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...nightmare for anyone who plans on cutting the spending of education or making it hard for students to earn their inalienable right to an affordable and quality higher education. I hold steadfast to the value of education and the doors it opens for millions of individuals here in this state and abroad. Therefore, I take this issue of high tuition fees and level of debt seriously! I will draft legislation that addresses this dire issue and keeps you on the path of success without going in debt by doing so. I plan to stop the cutting of spending in education, introduce a paid 2 year tenure of college by the state, and lastly, lower interest rates. I say if you want to boost our economy and see an increase in revenue, how about you start making more money available for college students who are our future entrepreurs, egnineers and physcians. Average state spending has decreased to 23% less per student. That is about $2,026. This decrease in spending has caused tuition prices to soar, by soar I mean 28%. Tuition has been raised more than 22.7%. This is adversely effects the quality of education you are receiving in the classroom. With no money, colleges are forced to create larger class sizes, cut courses, and, and fire the best professors. Here in Mississippi, government has cut spending by 25.2%, that is $2,524.(CBPP) If you ask me that could have been all it took to save several students from taking out a loan. We have to get serious and start being fiscally conservative. We need...
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...and high debt, which can also drain an economy. The state of our government can affect people from taxpayers, to the elderly who are collecting social security, to children needing medical and governmental benefits for their well-being. The government debt situation can be either an advantage to the population by lowering taxes, or a disadvantage by making taxes higher. * To know how taxpayers, future Social Security and Medicare users, and unemployed individuals are affected by the U S.’s deficit, surplus, and debt. It is important to understand the definitions of deficit, surplus and debt. Surplus occurs when there is more supply than demand, as in extra resources. Deficits occur when a government's expenditures exceed the revenue that it generates. Debt is an amount owed to another person or government in economics. * Taxpayers can benefit from a budget surplus. A surplus can create a reduction in the tax rate which leads to a higher consumer’s savings rate. The less taxes that consumers have to pay allows spending or savings in other areas. An increase in national savings (reduction in tax rate) also creates additional money that can be available for banks to lend. The more money banks have to lend competitively, consumers purchase items at lower interest rates and support stimulation in the economy. * Deficits can cause a cloud over the taxpayers. The bills need to be paid, and it will fall on the taxpayer to assist in lowering the debts. Armed with...
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...Khoa Le MGT 325 Geoffrey Giles Debt collection through the use of a third party as is the case in this article is explained to be quite beneficial with the advantages out weighing the disadvantages by a notable margin. Rather than waiting or trying to collect the debt themselves or performing an “In House” debt collection, these third party entities are able to go out and promptly recover the debt from these anonymous parties, thus eliminating or at the very least narrowing the possibility of higher consumer prices and borrowing costs, all the while relieving stress on the government as well, since all these uncollected taxes, fines and debts put a notably significant strain on the government budget as a whole. Though unfortunately it doesn’t quite end there, as these events ricochet towards business failures and even further job loss. Businesses both large and small will reap the benefits on gathering all these previously uncollected debts, as they will see their bad debt cost kept down, thus reducing their respective risk of financial insolvency and ultimately bankruptcy. And all of this is to say nothing of these third party agencies providing employment themselves, in the sum of roughly one hundred and thirty thousand jobs, and indirectly supports the employment of thousands upon thousands more through their actions. While some would argue that they are richly compensated for their actions, the advantages of using these third party debt collectors. Of the incredibly significant...
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...people seem to perceive weaknesses that you don't see? Are your competitors doing any better than you? Opportunities: * What good opportunities can you spot? * What interesting trends are you aware of? Useful opportunities can come from such things as: * Changes in technology and markets on both a broad and narrow scale. * Changes in government policy related to your field. * Changes in social patterns, population profiles, lifestyle changes, and so on. * Local events. * Tip: A useful approach when looking at opportunities is to look at your strengths and ask yourself whether these open up any opportunities. Alternatively, look at your weaknesses and ask yourself whether you could open up opportunities by eliminating them. Threats: •What obstacles do you face? •What are your competitors doing? •Are quality standards or specifications for your job, products or services changing? •Is changing...
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...product of a year-long negotiated rulemaking process between the agency and stakeholders across the higher education community to address a set of fourteen “program integrity” issues under Title IV of the Higher Education Act. The agency issued an earlier NPRM in June that covered thirteen of the fourteen issues, including eliminating provisions that allowed schools to provide incentives for recruiters based on enrollment increases, and strengthening the agency’s authority to crack down on misleading marketing practices at for-profit institutions. However, the agency declined to issue its gainful employment definition as part of that proposal, after facing strong resistance from the for-profit sector and some key lawmakers in both the House and Senate. I work at DeVry University as a Career Advisor and this would affect me directly in my workings with graduates to get them gainfully employed within six months after graduation 2. Describe the proposal/change. (10 points) Under current law, certain occupational training programs are eligible to participate in student aid programs under Title IV of the Higher Education Act only if they prepare students for “gainful employment in a recognized occupation,”...
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...of Science (Finance) Intake 15 Module: Strategic Finance Submitted by: Win Lwin Student Number: 12254491 Lecturer: Mr. Soh Cheong Hian Submission Date: 17 May 2013 Word Count: 590 Question 1: Exhibit 1 Company A Company B Company C 14.28 13 15.24 15.79 14.28 29 Return on assets (%) Return on Equity (%) Referring to Exhibit 1, the rationale behind using the net operating profit after tax (NOPAT) for the calculation of return on assets and return on equity instead of using the net income is that a company’s profits are isolated by removing non operating or nonrecurring items from the reported earnings. Hence, by eliminating the interest expense in the profit calculation, the operating profitability is not distorted by differences in the capital structure of a company (Kabajeh, AL Nu’aimat & Dahmash, 2012). Company A and Company B does not use debt financing, using NOPAT or net income does not affect the return on assets and return on equity. However, Company C uses debt financing so using NOPAT in the calculations is more effective and accurate. Exhibit 2 Invested Capital Company A Company B Company C Assets Inventory Accounts Payable Operating Working Capital Net PP&E Invested Capital Equity Investment Total Funds Invested 125 (50) 75 400 475 475 125 (50) 75 400 475 50 525 125 (50) 75 400 475 475 Reconciliation of total funds invested Company A Company B Company C Interest bearing debt 200 Common Stock 475 525 275 Retained Earnings Total funds invested 475 525 475 ...
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...Stimulation Review Based in New York, Elijah Heart Center (EHC) is a 140-bed cardiac hospital. Although EHC is a much needed entity in New York, profitability is dropping. As mentioned, EHC is facing a potential shortfall in capital due to managed care discounts, contract nursing at higher pay rates, and low Medicare reimbursements. As part of a consulting firm, who deals with these trending issues every day, I will be summarizing what my recommendations are to bring Elijah Heart Center back to a profitable status. Outlined below will be my recommendations for improvement without compromising patient quality. Recommendation for Cash Flow In order to increase cash flow, one must look at the whole picture. Since $900,000 is the savings target for the first year, we are using this figure to base our recommendations. First we must look at contract labor. In most cases, the contract labor or agency labor, are being paid at a higher rate than most of EHC employees would normally make for the same position. Most are doubled in salary. I believe this would also increase morale as sometimes, employees feel a bit of jealousy as these individuals are doing the same job they are performing and are being paid more for the same work. Therefore, my first recommendation has to do with agency labor. I recommend EHC eliminate or reduce agency labor (University of Phoenix, 2011). Next, I believe if we reduce the benefits packages we are now offering by streamlining these packages,...
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...about these substances, however another addiction that receives far less attention is sweeping across America. This addiction is having a major impact on the college campuses across our nation. The executive director of the N.C.A.A., Cedric W. Demsey, in his 1997 State of the Association address called gambling the most serious threat facing intercollegiate athletics(Naughton A52). At the heart of the gambling problem on college campuses is college sports gambling. Gambling on college sports has two major impacts. First, gambling on sports just like casino gambling is addictive. Secondly, gambling on college sports has hurt the integrity of college athletics. Because gambling on college sports is causing negative consequences for college students, athletes, and athletic games, the U.S. government should ban all gambling on college sports, and steps should be taken to decrease the prevalence of illegal and Internet gambling on college campuses. On March 19, 1931, the Nevada state government voted to legalize gambling. At this time no one had ever heard of the term, sports book . It would be some forty years later before the first sports book would open up in Las Vegas. The Union Plaza Hotel in downtown Las Vegas opened the first casino sports book in 1975. A sports book is a place where a bet can be made on a sporting event. Nevada is the only state where a person can bet on an individual game or sporting event legally. A person can bet on almost every professional sport, along...
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...“You can grow up to go to Georgetown University too,” my elementary teacher would tell me and the other students. Growing up in American public schools, I was taught that I could achieve anything and become anything. But when I reached high school, I understood that is not entirely true for everyone. There are very few students that don’t have to worry about financial aid and can potentially pay to go to Ivy league schools. However, it is harder for students like me that have to worry about the cost. Teachers don’t say, “make sure you are saving up money for college” because It is just assumed that everyone will be drowned in student loans. Public schools make students anticipate going to any college or university without including the key...
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...distribution of wealth, which leaves many citizens, primarily minorities, at a great disadvantage. Because of this increasing wealth gap, many people are left to deal with poverty, higher rates of incarceration and poor education. I feel that reducing income taxes on the poor and middle class can help to alleviate this situation and help to make life a little easier for the majority. I feel as though giving tax breaks to the poor and middle class would help to slowly reduce the wealth gap here in the United States. In New York the standard of living is so high, it makes it next to impossible to earn a living wage. “Reforming the tax code by eliminating most itemized deductions and tax credits, and lowering the tax rate to 10%-15% for the middle class, would increase the purchasing power of the middle class”. (n.d). For relief, focus on student debt and tax reform. USA Today. Giving the poor and middle class a cut on income taxes can help to make life a little easier on everyone. If the working class is able to take home more...
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...the attractiveness of lease terms are net present value and internal rate of return. One assesses the benefits of leasing versus buying by evaluating the cash flows under each alternative. The objective is to choose the alternative with the lowest cost, because the use of the asset is the same whether it is leased or bought. This assessment is a financial decision rather than an investment decision (where financing costs are excluded), because financing flows determine the investment method. The investment analysis justifying the purchase of the equipment must be completed prior to and independent of the lease-versus-buy decision. The discount rate used for the cash flows in the analysis is the after-tax cost of debt. This is because the cash-flow components are debt-like: Depreciation flows and lease payments are much more stable and predictable than free cash flow. Lease flows should be...
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...Week 1 Assignment CIS331 Kevin Jayne Zishan Umar 07/05/12 The real-world problem that I have is keeping track of my expenses and often falling behind in debt. It is not true that I am a heavy spender, and I make decent income to support myself and my expenses. The problem of not keeping track of my paid bills, due bill, due dates, automatic withdraw payments and my regular expenses have gotten me so frustrated that I gave up looking over my account and therefore, there is no savings. I don’t make enough money to hire an accountant, so I have decided to use the spreadsheets model so I can make better decisions about the problem. Spreadsheet models are also mathematical models, and its mathematics is more accessible than algebra and calculus. The spreadsheet is the second best way to do many kinds of analysis and is therefore the best way to do most of modeling. Spreadsheet based decision modeling is widely used in business today. The functionality provided within the current integrated packages allows users to develop very complex models. The purpose that I need the spreadsheet model is not going to be a complex model because it is for personal use. Budget spreadsheet is a basic practical tool to manage budget and thereby investments. I will use this to manage my money for any required purpose. Whether it is personal budget, family budget, household budget or home budget one can learn and manage to maintain budget using a budget spreadsheet. A budget spreadsheet will make...
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