...Bethany Martinez ENG 101 M. Brown 30 April 2013 Mandatory Financial Counseling Should be Provided to All College Students A growing number of college students today are facing unnecessary hardships upon graduation from college because they lack preparation, and the necessary skills needed to manage their financial circumstances. Lack of knowledge combined with distracting, busy study schedules have led many college students to make poor decisions, leading to costly consequences upon graduation. According to the Project on Student Debt at The Institute for College Access & Success (TICAS) in the college graduate class of 2011, two-thirds had an average of $26,600 in student loan debt upon graduation; at the same time the unemployment rate among new graduates was at 8.8 percent ("Average Student Debt Climbs to $26,600 for Class of 2011"). As a result, thousands of new graduates are forced to face huge amounts of debt on student loans that they cannot pay, immediately after graduating. There has been talk on Capitol Hill about federal loans to help graduates with their debt. Government involvement to fix the problem seems very retroactive considering that universities could and should have taken a more proactive approach. Universities must better prepare their students for the foreseeable financial hardships they could face upon graduation by providing mandatory financial planning counseling to all students. Without proper counseling and direction, it is very...
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...What is financial literacy and why is it important? Financial literacy is the ability to use knowledge and skills to manage financial resources effectively for a lifetime of financial well-being. More specifically, it refers to the set of skills and knowledge that allow an individual to make informed and effective decisions through their understanding of finances. Financial literacy involves a number of different areas of understanding. Learning about money and how it works is an important aspect, as well as understanding products like credit, loans, and investments. Competency in managing money appears to be a skill that doesn’t come naturally to everyone. Unless a person is exposed to the practice of money management, he/she is less likely to understand how it works and it long-term benefits. Without a financial education, it is easy to develop poor spending and financial habits resulting in significant negative consequences such as a poor credit rating, denial of credit, rejection for a checking account and bankruptcy, to name a few. Early financial literacy is the best way to prevent such consequences. In essence, personal financial literacy is much more than managing and investing money. It also includes making all the pieces of your financial life fit together. Achieving Financial Success you must understand and determine where your money goes. Here’s how you can start: Analyzing cash flows Taking advantage of opportunity cost. Taking control of your spending. Continued...
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...offered by higher education institution or, in those Member States where this is in accordance with national legislation and practice, by a research organisation. Doctoral programme at Alliance University School of Business: • The Doctoral Degree Program (Ph. D.) offered by Alliance University School of Business balances solid grounding in the fundamentals of the discipline with the flexibility to combine and create new knowledge that is derived from a doctoral student's research interest. • Doctoral students are expected to pursue academically rigorous coursework and work independently on a research topic that develops and leads to the completion of a doctoral dissertation. • Doctoral students will be part of an intellectually-stimulating and demanding environment that requires participation in seminars, interactive discussions and workshops, which are delivered by research scholars, faculty and experts from the respective areas. • Doctoral students are encouraged to develop original ideas, collaborate on research projects, and present their work at major national and international conferences. Areas for Research: The doctoral study at the School of Business is offered in the following areas of specialization: • Marketing • Finance • Organization, Leadership & Human Resources • Operations and Systems In the event that a doctoral student selects an interdisciplinary area of research, the University would consider such request...
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...The Impact of Financial Education in High School and College On Financial Literacy and Subsequent Financial Decision Making by Lewis Mandell Kermit O. Hanson Visiting Professor of Finance and Business Economics Foster School of Business, University of Washington Senior Fellow, Initiative on Financial Security, Aspen Institute Presented at the American Economic Association Meetings San Francisco, CA January 4, 2009 The Impact of Financial Education in High School and College On Financial Literacy and Subsequent Financial Decision Making Abstract: Many consumers appear to lack the financial literacy needed to make financial decisions in their self-interest. A growing number of analysts and politicians are blaming the intersection of low levels of financial literacy with complex, financially-engineered products for the current economic meltdown and have proposed a number of solutions to this problem. These solutions range from mandatory education in personal finance to required simplification of financial products and greatly increased regulation. This paper examines evidence on the effectiveness of personal finance education on both financial literacy and financial behavior. If the problem can be solved through education, it is likely to reduce the perceived need to limit choice in the marketplace for retail financial products. If education is shown to be ineffective, the future of financial product innovation and financial engineering may be greatly limited. Supporting...
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...welfare/transfer payments are charity that the government mandates upon people. While that may seem harsh to some, lets look at the facts and breakdown my definition. Charity is defined as: “generous actions or donations to aid the poor, ill, or helpless”, (Simpson 488) and mandatory is defined as: “authoritatively ordered; obligatory; compulsory”. (Simpson 1207)Those who are eligible to pay taxes must do so, and then the government uses some of that money to give to the “needy” at their discretion. We have to pay it, and it goes to the “needy” I think mandatory charity fits that description adequately. I view this as fundamentally wrong. I believe it is not the role of the government to decide how much money I should donate to others, if any at all; that is a personal choice. Imagine if the government began collecting taxes en-masse and donating them to help stop animal cruelty. There would be enormous uproar and people would cry that the government is wasting their money on a silly cause. Personally, I would not view this as silly, and think it would be an admirable endeavor, but many would not, which is my point. Each person who gives money to a charity does so because of his or her personal feelings. Why is it mandatory that I give to the government’s charity or give at all? I should be able to choose whether or not I donate to welfare just as I have a choice whether or not to donate to PETA or a similar organization. There is no difference in my eyes. People can make the argument...
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...to grow in this country. The positive notion is supported by many key indicators such as increasing house rent, inadequate and costly land, easier financing availability and more. To pave the way for the organic development of the industry, the problem of long existent inadequate financing availability at lower burden of terms and costs must have to be removed immediately, and wider scope has to be created for Non-Resident Bangladeshis. With many other issues, this study attempts to identify the current status of the private housing real estate in Bangladesh, presents deeper insights of the critical factors for increasing its coverage, and thus finally recommends some immediate policy measures. Keywords: housing, real estate, housing finance, urbanization, real economy, housing market, real estate...
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...Far Eastern University Institute of Accounts, Business and Finance “DASH Advertising Agency” Time period: 3 to 6 months with a budget of 20 million RIZZELE RAZON Introduction I. Overview of Advertising Plan A. Industry Trends Education in the Philippines has undergone several stages of development from the pre-Spanish times to the present. In meeting the needs of the society, education serves as focus of emphases/priorities of the leadership at certain periods/epochs in our national struggle as a race. Higher education in the Philippines is characterized by the diversity of its origin, plurality in its mission and regional accessibility. However, higher-education institutions established during the Spanish period were more monolithic and Catholic in orientation. It was only under American rule that there was diversity, plurality and greater regional accessibility. In the desire to have a sound democratic foundation, consistent with the tenets of democracy, the expansion of state higher education was equally matched by the growth of secretarian-sponsored higher-education institutions of both Catholic and Protestant persuasion. Higher education in Philippines began with the establishment of the University of Santo Tomas (UST) in 1611. With the founding of UST, it can be claimed that private higher education in the country preceded the state higher-education institutions were established before the arrival of the American: the University of San...
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...Unvaccinated Children: Should they be allowed public schools? Deborah Toodle Stephen Webber English 215 18 August 2013 Abstract The purpose of this paper is to identify the problem that will be addressed with my proposed solution. It will describe the history and overview of the issue both medically and publicly as well as the current status of public and political opinion. Three problems will be identified in the course of this paper as well as support to show the true application of these problems. Finally a solution is proposed and discussed after a summarization of the problems. Unvaccinated Children: Should we allow them in public schools? Every day one of a parents greatest worries is the health of their child. As they get older and venture out of the house and out of a parents sight more often, children are exposed to an even greater risk of illness. The culmination of this is the day a parent puts a child on a school bus and sends them off for the first time. One of the biggest fears of the modern day parent is the health risks of sending a child to public schools. While they claim to be safer in the modern world, the exposure of children to one another in a confined place for days on end still continually results in easily contracted illnesses. Children are constantly reported as having flu’s or colds that can be traced back to an entire classroom of sick children. So why should they be exposed to extra illnesses and even sometimes...
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...Academic Finance as a Career: The Good, The Bad, and the Not-So-Pretty Don Chance James C. Flores Endowed Chair of MBA Studies Louisiana State University Current version: January 4, 2011 (Original version: November 19, 2007) Most undergraduate and masters students in finance (MS and MBA) are preparing for a career in the world of finance. Oftentimes, jobs in finance have titles like financial analyst, credit analyst, and assistant treasurer, with the possibilities of someday becoming a vice president of finance, chief financial officer, treasurer or some other high-ranking position of responsibility. Finance is an important field to study because it deals with the management of money, a subject of central concern to every business, government agency, or nonprofit organization, and indeed every individual. Knowing how the financial world operates, the characteristics of securities, and how investment decisions should be made serves one well for many career paths. The study of finance also helps to prepare a person to manage his or her own money and increase the likelihood of accruing significant wealth over time through solid principles of investing. Few students consider another finance-related career option: becoming an academic in finance. Most students know little about this career choice. Their experiences with finance academics are typically limited to their familiarity with classes taken from their professors. But there is a lot more to it than this. And it is probably...
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...Should There Be Dress Codes In Junior High And High Schools? Name: Institution: Should There Be Dress Codes In Junior High And High Schools? Introduction The dress code for junior and high schools has been a hot debate over the years. It has sought to address various issues and have resulted in different levels of controversy. For instance, in the early 1970s boys with long hair sometimes got attracted to their classmates. Resultantly, schools required young men to cut their hair short. Moreover, at the beginning of the 1990s several organizations and parents pushed for a dress code as a strategy to curb gang-related violence (Valdez, 2015). Over the years, the desire to create a professional school environment and reduce struggle over designer clothes made uniforms and dress codes become a familiar topic. However, identical strategies are more restrictive than dress code policies. Dress codes are strict as in the case of schools in California and Napa. For instance, schools in this areas required students to put on solid colors and logos or banned images on clothes. The primary objective of this argumentative essay is to provide adequate evidence that there should be dress codes in both junior and high schools. Claim 1: dress code may increase student safety and reduce crime. Each year several schools adopt a certain form of dress code. Although some challenges are emerging on the constitutionality, court’s rulings have supported...
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...LAHORE SCHOOL OF ECONOMICS APPLICATION FORM (Page 1 of 4) FOR DEGREE IN:___________________ FOR TERM STARTING:_______________ | | | | | | | | | | | | | | | | | | | | | | | | |(For office use only) | |(Photograph) | ______________________ __________________ __________________ 1. FIRST NAME MIDDLE NAME LAST NAME (BLOCK CAPITALS) (BLOCK CAPITALS) (BLOCK CAPITALS) _______________________________ __________________________________ 2. FATHER’S/GUARDIAN’S NAME 3. FATHER’S/GUARDIAN’S PHONE NO. _______________________________________________________________________ 4. ADDRESS FOR CORRESPONDENCE _______________________________________________________________________ 5. PERMANENT ADDRESS ________________________________ _______________________ 6A. EMAIL ADDRESS 6B. MOBILE PHONE NO. 7. DATE OF BIRTH _______ _______ _______ Day Month Year 8. PLACE OF BIRTH (City)_________________...
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...of the respondents questioned in the article quit school due to reasons of their own making. The case of Ebony Green begun when she got pregnant at an early age. The case is similar to Mauricio Aguilar who decided to embark on employment rather than pursue college education. These decisions have kept them grounded in the lower echelon of the social strata of the American society. Some who have been given affordable shelter plans to allow for savings so as they can attain financial stability abandon the apartments before they are fully prepared. Christina Parks may have grown up in a foster home and argue that the life in such a set up can not prepare one for the real-life situation outside the foster homes, however, she also got pregnant and had to relinquish her ambitions to take care of the kid.Therefore, most of the issues highlighted are personal in nature. What are some of the personal barriers to upward mobility experienced by people in the...
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...GUIDEBOOK FOR INTERNATIONAL STUDENTS 1 of 14 WHY HOUSTON, TEXAS, USA? Houston was ranked #1, “Coolest Cities to Live In,” by Forbes, July 2012. Houston is the #1 city for job creation. Houston serves as corporate headquarters for 23 companies listed on the 2012 Fortune 500, the second-greatest number of any U.S. city. The Port of Houston has ranked first in the United States in volume of foreign tonnage for 17 consecutive years, and is expected to become the premier port once the Panama Canal expansion is complete. Houston is home to the country’s third-largest consular corps, and more than 90 languages other than English are spoken. No racial or ethnic group constitutes a majority of Houston’s population. The 17-acre downtown Theater District is home to nine performing arts organizations and second only to Manhattan in number of seats concentrated in one geographic area. The Museum of Fine Arts in Houston is one of the nation’s ten largest art museums. Houston has 52,700 acres of parkland including 550 parks, public green spaces, and open water. Houston’s two major airports offer nonstop service to 186 cities worldwide. George Bush Intercontinental Airport is served by 18 airlines, and five airlines operate out of William P. Hobby Airport. 2 of 14 WHY NORTH AMERICAN UNIVERSITY? Safe and responsible environment - North American University (NAU) administration, faculty, and staff are committed to providing a safe and responsible...
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...Every year, about 34,000 students apply, but only around 9,800 are granted admission and only 2,400 actually end up enrolling in the school. Boston College has around 13,000 full-time students and 1,500 part-time students. Over 4,000 degrees are granted every year in over 50 fields of study through eight schools. Popular programs include the schools of nursing, education and management. The most popular undergraduate majors include finance, biology, political science, psychology and applied psychology and human development. Boston College is resultantly listed as one of the top liberal-arts undergraduate schools in the New England area. Boston College Accreditation Details - Boston College is accredited through the New England Association of Schools and Colleges’ (NEASC) Commission on Institutions of Higher Education (CIHE). -The doctoral program in counseling psychology is accredited by the American Psychological Association (APA). Boston College Application...
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...forget about the vehicle loan, maybe even eliminate the mortgage! Some of the problem perhaps lies with how children are being educated. How many high schools actually offer finance-orientated classes? This type of class is not mandatory but it should be. To the best of my knowledge, Grand Traverse County does not require it. If the children were better prepared to handle finances, and understood what lay in store for them once they graduated; they would have a great advantage. “Train up a child in the way he should go, even when he is old he will not depart from it” (Proverbs 22:6). The children would know how to budget for themselves. They would know how much money is being paid, how much is being saved, and most importantly, what they could afford to purchase. They would not fall into the abyss of credit. They would not need to get a fancy credit card just to feel like an adult. The rich rule over the poor, and the borrower becomes the lender’s slave (Proverbs 22:7). Government officials are being more stringent on credit card companies; stricter guidelines for soliciting on college campuses is just one example. In fact, some schools are prohibiting the companies from soliciting on campus altogether, however the companies just set up adjacent to the school property to promote their products and ‘services’. Many schools have rescinded the right...
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