SciTronics had $ 75,000 of owners’ equity and earned $ 14,000 after taxes in 2008. Its return on equity was 18.67% an improvement from the 8.2% earned in 2005. Activity Ratios: How well does the company employ its assets? 1. Total asset turnover for SciTronics in 2008 can be calculated by dividing $ 244,000 into $ 159,000.
If you don’t go to college, you are almost guaranteed to not get a job, or if you do it will only be a minimum wage job, with no job security, that won’t even pay for the cost of living. Even worse, even if you go to college you are no longer guaranteed the jobs which can put you ahead. So the end result is that you are stuck with a debt that you can’t pay back because you don’t have the good paying job which you were promised. Collectors will be breathing down your throat to get the money that you borrowed. And the biggest kicker of all, even if you file for bankruptcy you can never get rid of your student loan debt.
How many years will it take for $197,000 to grow to be $554,000 if it is invested in an account with a quoted annual interest rate of 8% with monthly compounding of interest? 8. At what quoted annual interest rate must $134,000 be invested so that it will grow to be $459,000 in 15 years if interest is compounded weekly? 9. An annuity pays $24,000 per year for 11 years (first payment one year from today).
Inflation aside, this means college is getting more expensive. Unless your parents are wealthy enough to pay for your tuition or you worked your tail off to receive a full-ride scholarship, more often than not, you have to take out student loans to fund your education. As a result of the high price tag of getting an education, many graduates struggle when faced with the trouble of paying off that huge debt. It’s no longer a right to attend higher education. To many, myself included, attending college is now a luxury.
The passage of the “Pick the Public’s Pocket No More” bill would lower college application rates, lower college graduation rates, and lower our country’s number of new college graduates for open positions in the work force. Without grants, many Americans would not be able to pursue college degrees because of the debt they would acquire financing their degree with loans alone. Federal grants allow young adults, who are the future of our country, to pursue a college degree without the full burden of college debts after graduation. (M) When considering whether or not to pursue a degree, many are persuaded to apply because they often receive grants to assist
But this is unfair to the students whose parents make too much annually to qualify for government assistance. If the tuition rates were to stop increasing more students would be able to afford and attend college without the extra needed support from the government. Getting into college shouldn’t be based on how much money you have but on how well you preformed in high school and deserve to be there. It’s not fair or right for someone to have all the money in the world to get into Harvard who isn’t all that intelligent when someone who does get into Harvard but can’t afford to go due to the $55,000 year tuition cost. If all the colleges were on a more even level playing field for cost your acceptance into college would be based solely on your previous academic achievement not who you are or how much money you have.
And with the economic conditions threatening jobs security across the country, parents and prospective students alike are questioned whether they can afford colleges or not. People complain that schools are charging more and giving less. Colleges and universities have been struggling to survive serious funding cutbacks by raising tuition. Governing, December 1998, Vol. 12 Issue 3,
Building your credit starts in college if you begin to buy all these things you can’t afford and turn around and not have the ability to pay them off at the end of the month then you’re your credit will begin to decline and that’s not good. After college your credit is key to your success and if you blow trying to buy a 97-inch 3-D television in college and not have the money to pay it back the back will eventually look at you and say this person does not have the financial stability to purchase this house, or this car right now look at their credit score. Then how will you feel when you’re not able to purchase the things you want like a home to shelter your child or children or a car to get back and forth to work. You may have all the money in the world but if your credit score is bad it means absolutely nothing. So while you’re in college make sure you have some money constantly running in rather it be from your parents or just a side job so that you can buy some things and pay them off.
Or take a year off? Or possibly never even going. Articles Going to College is worth it- Even if You Drop Out and Why Young People Shouldn’t Go to College (At Least Right Away) explain the possibilities of what a person should or shouldn’t do after high school. Going to College is worth it- Even if You Drop Out and Why Young People Shouldn’t Go to College (At Least Right Away) state several different opinions and facts about college. One article is more factual and has several percentages to explain how college is a good idea even if a person decides to drop out.
Who gained from this was our K-12 reform programs (Department. of Education, 2012). If this was so, then why are most of our programs being shut down? It seems like we do not get the full story of what is going on with the program budget and were is all of the money going. They are always raising college tuition to help pay for different programs but, it seems that they are not focusing on the programs for the diverse students that are here in the United States.