College education: time, money - Essay Example

Comments (0) Cite this document
The credit crunch and subsequent economic recession have broken the backbone of world’s education systems. The governments around the world are cutting budgets for the education sectors and hence students are suffering…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.8% of users find it useful
College education: time, money
Read TextPreview

Extract of sample "College education: time, money"

XXXXXXXXXXXXXX XXXXXXXXXXXXXX XXXXXXXXXXXXXX The world is suffering from global economic slowdown. The credit crunch and subsequent economic recession have broken the backbone of world’s education systems. The governments around the world are cutting budgets for the education sectors and hence students are suffering. This study aims to investigate the condition of students and how they plan to successfully emerge out from this challenge. This study puts forward a hypothesis that believes in the continuation of current circumstances and predicts that college education will continue to be an elusive dream for thousands of students around the world.
College education marks a stage in a person’s life when he/she develops a different outlook towards the world. The comforts of school days come to an end and what begins is an exposure to reality. The problem of college education is exacerbated by wrong government policies such as recent rise in tuition fees. Students, who are supposed to be the harbingers of change, suffer the most when they have to struggle with the finances. These days students not only deal with their tuition fees but also worry about future debts.
The rise in tuition fees means that students who graduate from the college will be severely under debt. They will have to pay a substantial part of their salaries for the monthly payment for the loan. In such circumstances students around the world are reconsidering the decision to pursue higher education. They think that after spending many years in the classrooms, studying theories and other impractical things, they would come out with having huge debts on their heads. The current economic climate also means that it will be hard for students to get jobs both while studying and after completion of their studies.
The efficacy of college education is also under severe strain as there is rise of students opting for professional courses. These courses offer much more specific curriculum for their students and assures them of a job in their chosen field. In such a case a college education seems to lose its value. The only positive side seems to be the social bonding of students and how they develop friendships which last for rest of their lifetimes. This aspect of college education is very appealing as it provides students with a carefree time which is marked by ecstatic moments of joyfulness and unbridled freedom. College education offers a time for students which they later call it as time of their life. This kind of thing cannot be measured on the basis of financial returns built definitely adds to the overall appeal of the college education.
After considering all the arguments highlighted above it can be said that although college education is becoming extremely expensive, it hasn’t lost its appeal over the years. The time invested by students in the college education not only improves their chances of success in their respective careers but it also provides them with a memorable time. Although the efficacy of college education cannot be determined on the basis of social bonds, friendship and nostalgia, these factors certainly help in determining the role of college education in current environment. Read More
Cite this document
  • APA
  • MLA
(“College education: time, money Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Retrieved de
(College Education: Time, Money Essay Example | Topics and Well Written Essays - 500 Words)
“College Education: Time, Money Essay Example | Topics and Well Written Essays - 500 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF College education: time, money

Time value of money

...? Question Introduction In economics and finance, money is said to have a time value.  This in essence meansthat a unit of money e.g. a dollar that people currently possess is preferred over a unit that they expect to receive in the future. The act of putting off the application of a unit of money implies they are postponing on consumption.  To convince people to postpone their consumption and invest or lend their money, they demand a return over time for their money. This return comes in the form of capital or interest gain.  This therefore means that, assuming annual returns are reinvested, an amount of...
5 Pages(1250 words)Research Paper

Time Value of Money

...?Introduction The objective of this paper is to get an understanding of the concept of the time value of money. We first study the two important concepts in the area: Present value and the Future Value and its importance to the subject of corporate finance. We then look at some questions which calculate the present value of the future cash flows and the future value of present cash investments. 1. The concept of time value of money is critical to the world of Finance and is very often the first subject that is taught in a Corporate Finance class. It is based on the simple premise that “A penny in hand today is worth more than a penny in hand tomorrow”. This is on the basis of assumption that the money in hand today can be invested... in...
4 Pages(1000 words)Essay

Time Value of MOney

...?Time Value of Money The situation that a client of the company is facing is whether to buy a fixed income security i.e. bond, which will pay $ 1000000 a year from today. The detailed features of the bond, whether it is a coupon paying bond or a zero coupon bond is not known. However, Time Value of Money analysis needs to be conducted in order to find out what payment should be made for the bond now in order to get back $ 1000000 after one year. However, there are significant other factors that need to be considered while conjuring up to the present value of the bond. Before calculating the discount rate and valuing the security to its present value, the overall features...
3 Pages(750 words)Research Paper

Time Value of Money be chosen. Higher the opportunity costs, lesser are the chances that the alternative may be chosen by a risk aversive personality. It can be termed as the basic relationship that exists between shortage and selection. Rule of '72 Rule of '72 is a simple mathematical shortcut that is used in finance in order to find out when the investments will double or halved. Dividing the interest rate with the number seventy two end ups giving the number of year an investment will double or will be halved. This rule highlights the concept of time value of money. This rule is used in the financial planning of retirement and college financing (Gary, 1978). All the concepts that have been discussed...
3 Pages(750 words)Essay

Is a college education worth the time and money

...Is a college education worth the time and money? Is a college education worth the time and money? This is the question asked by many parents, , administrators and policy makers of the importance of college education. In view of the fact that a college education caters to the needs of the whole individual and that without higher education it is basically impossible to advance in this fast-paced world, the author of this paper is convinced that college education is indeed worth the time and money. The most valuable asset an individual can possess, especially, if born into a family that does not belong to the upper echelon of society is a college education. The experience gained from this type of learning addresses every dimension... inner...
4 Pages(1000 words)Essay

A college education is worth the time and money

... In today’s highly complex and dynamic global network, it is justifiably undeniable that college education is worth the time and money; it does not matter how long or expensive a college education program is because all said and done, it is worthwhile. College education is the key to success in life, especially in the highly competitive global job markets where relevant skills and knowledge are a mandatory requirement for career opportunities (McGuire). College education enables individuals to acquire relevant skills and knowledge that is necessary for career development and professional growth. Today’s workplace environment is a highly challenging one and that calls for a vast proficiency in specific industrial fields; employers... ,...
1 Pages(250 words)Essay

Time Value of Money

...Time Value of Money al Affiliation: Question Time value of money is the consideration of the change in value of a given amount of money over a given period of time. This is because there are certain factors within the economy that create a state where a given sum of money, say $1,000, cannot purchase the same amount of items presently, as it could 5 or 10 years ago. This concept is used to analyse investment in terms of the value added to the initial investment over a given period of time. Question 2 An ordinary annuity is a sequence or chain of equal payments on an investment that is made at the end of...
3 Pages(750 words)Coursework

Time Value of Money _

...that the company is licensed, check the companies complaint index, consider the company’s financial condition, talk to a financial advisor and research on the type of annuity you would like to invest in (Marx, 2009). References Greynolds, E. B., Aronofsky, J. S., & Frame, R. (1979). Financial analysis using calculators: Time value of money. New York: McGraw-Hill. Marx, J. (2004). Using financial calculators for time value of money calculations. Cape Town: Pearson/Prentice Hall. Marx, J. (2009). Financial management in Southern Africa. Cape Town [South Africa: Pearson Education South Africa. Warren, C. S., Reeve, J. M., & Duchac, J. (2012). Financial...
3 Pages(750 words)Essay

Time Management in College Education

...Time Management in College Education al Affiliation) Introduction This research paper addresses the topic time management in the context of college education. This topic seeks to discuss time management among traditional students who are joining college directly from high school. Notably, time management is significant to a first year college student and hence this research paper will define and discuss the importance of the topic in this context. Ideally, time management refers to the possession of skills and knowledge to plan and control how individuals...
7 Pages(1750 words)Essay

Time is money

...of the Macro and Micro Economics of the Concerned 17 May Time is Money In the blog article published on May the writer talks about taking his car to the mechanic for maintenance work. The job did cost him $800. As per the writer it would have cost him much less for the maintenance, had he been an expert on cars. Still, he does not desire to be an expert on cars. As per writer, people save money on transactions either by increasing their knowledge about the product or service they buy or by learning to do things on their own. For instance his Musician friend has learnt to repair guitars to save money on frequent guitar repairs. The writer loves food so he learnt to cook....
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic College education: time, money for FREE!

Contact Us