education is damaging to both society and the individual. Free tertiary education is both desirable and affordable. It would result in a much better society. Getting a university‚ polytechnic or apprenticeship qualification means that society‚ as a whole‚ is more educated. We all benefit. Everyone benefits from having plumbers who understand the entire pipe system thingy‚ scientists who understand the problem and can effectively deal with it (whether it is bio-security‚ nuclear reactions‚ or finding
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When someone says free‚ nobody assumes money. People consider America‚ or the right to speak freely without worry‚ not free college. To brand something that costs so much now as free would be quite a large task. “That’s why I am sending this Congress a bold new plan to lower the cost of community college – to zero”‚ former President Barrack Obama stated in his speech on free tuition. He states that college can cost nothing to anyone‚ but free will never be free. Credit is not given‚ only earned.
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declining in its system of education. We have high dropout rates due to burdened students who cannot afford school. President Obama‚ the nation’s leader‚ has come up with a proposal to help better the nation and the United States of America. This proposal states that community college shall be free of tuition for 2 years. This proposal is a great step forward for our country. I stand by the proposal that if community college were to be free of tuition‚ then it is a positive step forward because it
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education wherever it is should be free for everyone. Free education makes people equal. Rich and poor people become equal‚ so everyone can get education. Many poor people would like to study‚ but they are unable because they don’t have enough money to pay the tuition. Tami Luhby (as cited in CNN‚ 2015) shows that there are 71% of the world’s population remain low-income or poor‚ living off $10 or less a day which this makes paying the study costs a big problem for them. The cost of the study is high
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Cost of Capital Jenny Lopez-Guerrero‚ Malika Hobheidar‚ Phyllis Hebert and Sierra Harkness FIN571 February 23‚ 2015 William Stokes Cost of Capital In the Wiley plus simulation (2012)‚ we are introduced to Pfizer‚ the world ’s largest research-based pharmaceutical company‚ Pfizer develops their own pharmaceutical products. Ahmed Singh‚ a consultant accountant who works for the Pfizer Treasury Department‚ explains that his role in the company is "to think and plan
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Capital Budgeting Read Chaptes 7‚8 & 9 Problems from Chapter 7 : 1 to 28 Chapter 8 : 1 to 23 Chapter 9 : 1 to 24 1. NET PRESENT VALUE A. The Basic Idea Net present value—the difference between the market value of an investment and its cost. While estimating cost is usually straightforward‚ finding the market value of assets can be tricky. The principle is to find the market price of comparables or substitutes. Perspectives: Using the text example (page 257)‚ the basic idea
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this situation: EBIT _ $4 million; tax rate (T) is 35%; debt outstanding (D) $2 million; kd 10%; ke 15%; shares of stock outstanding (N0) 600‚000; and book value per share $10. Since Gentry’s product market is stable and the company expects no growth‚ all earnings are paid out as dividends. The debt consists of perpetual bonds. a. What are Gentry’s earnings per share (EPS) and its price per share (P0)? b. What is Gentry’s weighted average cost of capital (WACC)? c. Gentry can increase its debt
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Economics for Business Should higher education be free to students? University education has become a major hot topic recently as governments have struggled to find the funds for universities. Therefore‚ there have been many debates raised of what the best way to fund university education is and whether it should be free or not. Firstly‚ we will start by going over why tuition fees were actually introduced. The idea began in the labour party manifesto in 1997 when Education was known to be the
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What are the potential risks and benefits of migration for European states and societies? Migration has been in existence since humans appeared in the world. However our forbearers had different purposes for moving from one location to another than the contemporary humans. Their reasons for leaving a territory were changing climate or infertile soil1. The motivational factors for modern migration differ from that. They are in tight correspondence with globalization. Through this phenomenon there
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