Attrition Problem
CHAPTER 1
THE PROBLEM AND ITS BACKGROUND
Introduction
"... Every single one of you has something that you're good at. Every single one of you has something to offer. And you have a responsibility to yourself to discover what that is. That's the opportunity an education can provide."- US President Barack Obama
Education is a fundamental need of an individual to cope with life. And it is a basic but a very important matter that each and everyone should have. Education makes a man complete.
In addition, the education is the principle means by which society carries out its national objective. And its purpose is to foster the development of each individual so that he may achieve the most satisfying life of which he is capable (Mcneil 1998).
Education changes an individual. Having knowledge, an individual will have the courage to do anything. Education is the main factor to mold individuals to become what they want.
It is true that schools are the primary source in having a formal education. But, not everyone can attend school due to different reasons. There are unfortunate children that could not afford to go to school not only because they are poor, but there are also other reasons that they consider in going to school.
In 2009, Sallie Mae discovered that 84% of college students indicated they need a big amount of money for their education. In addition to that, Noel Levitz (2009) reported and concluded that only 46.4% of college students claimed that they had enough financial resources to finish college.
Hossler (2006) cited that students have been dropping out for ever since, formal schooling has started. Since dropouts adversely affect finances and credibility of academic institutions, administrators have become increasingly concerned about the decreasing number of students that enrolls.
The above studies shows the importance of financial support among students. The parents need to a lot more money in their children who are studying. Same as through those
THE PROBLEM AND ITS BACKGROUND
Introduction
"... Every single one of you has something that you're good at. Every single one of you has something to offer. And you have a responsibility to yourself to discover what that is. That's the opportunity an education can provide."- US President Barack Obama
Education is a fundamental need of an individual to cope with life. And it is a basic but a very important matter that each and everyone should have. Education makes a man complete.
In addition, the education is the principle means by which society carries out its national objective. And its purpose is to foster the development of each individual so that he may achieve the most satisfying life of which he is capable (Mcneil 1998).
Education changes an individual. Having knowledge, an individual will have the courage to do anything. Education is the main factor to mold individuals to become what they want.
It is true that schools are the primary source in having a formal education. But, not everyone can attend school due to different reasons. There are unfortunate children that could not afford to go to school not only because they are poor, but there are also other reasons that they consider in going to school.
In 2009, Sallie Mae discovered that 84% of college students indicated they need a big amount of money for their education. In addition to that, Noel Levitz (2009) reported and concluded that only 46.4% of college students claimed that they had enough financial resources to finish college.
Hossler (2006) cited that students have been dropping out for ever since, formal schooling has started. Since dropouts adversely affect finances and credibility of academic institutions, administrators have become increasingly concerned about the decreasing number of students that enrolls.
The above studies shows the importance of financial support among students. The parents need to a lot more money in their children who are studying. Same as through those