As opposed to traditional student loans that require students to pay back the full loan plus interest payments and fees, Vergara’s innovation of the ‘human capital contract’ only require graduates to pay back a percentage of their income post graduation for a fixed period of time. As far as Lumni’s venture, the difference in income between graduates generally exceeds the initial investment, however Lumni generates a beneficial situation for both investors and students – students gain access to borrow funds for students and investors to participate in the funds. Vergara’s role included bringing scalable solutions to one of today’s greatest challenges – severe income disparity.2 Vergara continues to relentlessly recognize and pursue new opportunities (he expanded Lumni to Columbia, Mexico and U.S. from 150 students to over 1,600 students with a dropout rate of 5% and a default rate below 2%).3 What resources were required? Resources the venture required were: the opportunity – very low-income students in need of funds to pursue a higher education, dedication of stakeholders to solve the problem, and a commitment from investors to invest in human capital financing in exchange for profit while assisting in solving a social problem. Why were they needed?
| 1. | Question : | (TCO A, B, C) External users want answers to all of the following questions except: | | | Student Answer: | | Is the company earning satisfactory income? | | | | Will the company be able to pay its debts as they come due? | | | | Did the company use a budget to plan its expenses? | | | | How does the company compare in profitability with competitors?
Nobody State University: Total Revenue Increase Evangelina Mwangi January 27, 2014 Instructor: Sean Bedard-Parker Overview My company, Somebody’s Money Revenue Service, sent me to evaluate and assess the risks of raising or lowering tuition cost with enrollment in order to develop an increase in total revenue for the Nobody State University. Student enrollment is at an all-time low for the university and needs encouragement to increase. With nearby competition from bigger and shorter term schools such as Everybody University and Smart Tech USA, a solution which can compete for student enrollment through tuition or incentive programs is needed. As a representative of Somebody’s Money Revenue Services, I am here to present the Nobody State University (NSU) with the solution to a lack of sufficient revenue from low student enrollment and tuition prices. In this presentation, I will explain the pros and cons of raising or lowering tuition versus student enrollment and how price elasticity will come into play with the tuition variable, as well as inform how I might approach the situation from the position of President of the university.
There will be a permanent extension of the employer provided education assistance and this is important to employees. According to B business Finance this is good news to employers who offer education assistance this “provision that allows employers to provide up to $5,250 annually in tax-free undergraduate and graduate educational costs to their employees has been renewed once again and is now permanent. This will no doubt be welcome news to employers and employees seeking advanced degrees” Transportation costs for employees will change with this new legislation. “The new law also increases employees’ maximum pretax contribution to mass transit expenses from $125 per month to $240 per month. However, the provision can be implemented retroactively to January 1, 2012, if employers are willing to deal with the administrative issues associated with such a move
Tuition Reimbursement Implementation Report XCOM/285 February 3, 2013 Tuition Reimbursement Implementation Report What business does not want to increase productivity and profitability, none. Offering tuition reimbursement is an encouraging way to let employees know you believe in them and want to invest in their future both personally and professionally. Tuition reimbursement is a program offered by some businesses that reimburse employees the cost of tuition upon completing eligible college courses. There are a number of benefits for the employee and for the employer, benefits such as tax breaks, retention, improvement on productivity, less turnover, and a swell in morale. University of Phoenix’s online degree program develops
When “the average American’s savings may be near .0% of their disposable income” (Mendelson, 132), this leaves almost no chance for children to receive assistance from their parents when paying tuition. Companies should take the lead from companies like Northrop Grumman and should follow in suit with assisting their co-workers who want to earn a degree with as much resources available. This is a great way to alleviate the stress of employees finding a way to pay for college and a win-win resolution for companies that aid their employees by providing a quality education while keeping those valued employees in their payroll. Works Cited Hunt, Lauren. "Statistics on Adults Returning to College."
Gerardine Elie English 098/099, Section 166 Essay 1 Final Draft How do you feel about Obama proposing that students should have the opportunity to attend community college for free for two years? I feel that this is a very controversial topic and it can go either way.On January 20th, 2015, during his State of the Union, President Obama proposed making community college tuition free for two years. Or as he put it in the speech, “to lower the cost of community college — to zero.” This proposal is a great approach to boost college graduation rates and it allows students to educate themselves and not have to worry about tuition. But Obama’s proposal has some positives and negatives to it. With Obama’s proposal students will learn to be responsible and have goals and students will become more educated.
Another one is what academic standard must the employee maintain? What GPA must the employee maintain and what would happen if the standers are not meet? The most important reason for providing tuition reimbursement is in educating your employees making them more valuable, happier and becoming promotable. This leads to a higher employee retention rate. In 1996, Congress passed legislation making a corporate investment of up to $5,250 toward tuition reimbursements for an employee tax free.
I have four requirements that need to be met including, 3.0 GPA or higher, 18 or higher on the ACT, 95% attendance, and a high school diploma. I support free community college because it gives opportunities, it can lower the unemployment rate, and save money. Free community college can give opportunities to lower class people who can’t afford college. If these people want to go to college, but they can’t, now they would be able to. They would be able to receive an education to help them get a job and make money.
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