Assume the total cost of a college education will be #280‚000 when your child enters college in 18 years. You presently have s$45‚000 to invest. What annual rate of interest must you earn on your investment to cover the cost of your child’s college education R= (($280‚000/$45‚000)^(1/18)) -1 R=.10689 R=10.69% 2. You’re trying to save to buy a new $150‚000 Ferrari. You have $35‚000 today that can be invested at your bank. The bank pays 3.2% annual interest on its account. How long will it be before you
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Value of a College Education 2 Value of a College Education In today’s society‚ the value of an education has taken on a whole new meaning. There have been many studies done on the subject and in each such study‚ the good far outweigh the bad when it comes to furthering ones education. The nation has gone to one of farming and agriculture‚ to the industrial revolution. Now‚ in the twenty-first century‚ the ever-changing computer technology
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What is the true purpose of a college education? College education can be a stepping stone for countless people. Reasons why people continue a college education is to obtain numerous job options‚ focus on a specific goal and major‚ and experience life in a different environment. Without college‚ a majority of people would not be able to reach their dreams. Therefore‚ college education is important and needed in various subjects. First of all‚ college is a chance to meet different people. When you’re
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Purpose of a College Education The reason that most people go to college is to make them more marketable to future employers. As we see our economy in dire financial straits we see record number of people entering colleges across the nation‚ such as Drury for one example. But a college education is about much more the just the foundations for your career. It is the building blocks for the rest of your life and will make you better‚ different then you are now. It will transform you. Your college education
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Submission: April 10‚ 2013 The importance of a college education to me will allow me grow professionally as well personally. Obtaining my degree will benefit me by helping me get the proper education to help further my career I chose in Human Resources. It will open a whole new world for me and allow me to grow. I can obtain my degree which is very important because I want to be financially stable and have a career in Human Resources. College will open doors and provide me with better opportunities
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Jessica Rainey English 102-39 Anne Wilbourne April 16‚ 2013 Value of a College Education Education has come along way through out the centuries‚ unlike in the past; education is the key to opening the door to endless opportunities. College can provide a sense of security and desire towards a stable career. As easy as it sounds to obtain this life‚ the market gets more competitive each day‚ allowing employers to raise their standards. When investing into a degree one should keep an open-mind
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“Are community college students at a disadvantage for a quality education?” The Myth of Inferiority by T. Allen Culpepper published in The Chronicle of Higher Education‚ October 27‚ 2006 explores the stereo-type that community college are viewed inferior to University students. Are community college students at a disadvantage? As a community college graduate myself‚ I must disagree. Although students come from different backgrounds‚ I do not feel “we” as a community college are any less
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A college education has numerous impacts on an individual other than just a better education. Individuals who have attended college and graduated tend to be more successful in life than those who didn’t. There have been studies through the years that provide evidence showing that a college education can be very beneficial to a person and have major impacts on their lives. The most comprehensive review to date on the question of the impact of college is found in Ernest Pascarella and Patrick Terenzini’s
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Pursuing a College Education Is Important People nowadays come all over the world with a different point of views and goals as well. Lately it has been hard to get into a career that you want to do without having some type of experience or a degree. Earning a degree is very beneficial not only will you have your self-happy but the people around you will as well be very proud and see you as a role model. There is a point in time when you realize you should pursue a college education to have a better
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A college degree is the most important factor in achieving professional success in all fields. According to Georgetown University‚ approximately two-thirds of all job openings in the next five years will require some form of college education‚ with a third of all jobs requiring a bachelor’s degree. In terms of earning capacity‚ the jobs requiring a college education offer nearly twice as much in total pay than jobs only requiring a high school diploma. Secondly‚ United States Census Bureau reports
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