Student Loan Debt Is A Negative Effect On The Future

After the United States ‘Great Recession’ in 2008, many onlookers have been searching for other aspects of the economy that may eventually present a bubble similar to that of the housing market. It does not take long to locate a potential hazard as the cost of tuition has risen approximately 26% over the course of the last decade (‘Tuition and Fees’). The consequence of this increased tuition is having a negative effect on the future that most graduates try to obtain once they complete school. Some students are required to change their career choices due to the overwhelming debt; examples of this could be they are required to take a higher paying job, even if they do not want to, so they can afford their previous choices (Zhang). Many years ago the notion of being so overwhelming in debt seemed unfathomable; but as student loan debt is estimated at $870 billion to $1 trillion, students’ willingness to acquire debt is strong and has no signs of slowin g down (Razaki, Koprowski, Lindberg). The steadily increasing student loan crisis will cripple the United States economy if it goes unchanged. The United States needs to look to other nations that have figured out the necessity of higher education to be at an affordable cost if not free. In 2015, college graduates are facing on average just north of $35,000 in student debt (Berman). In part, the government has reduced the federal funding that each college receives each year. Therefore, colleges have constantly raised theShow MoreRelatedStudent Loan Crisis Is A Crisis870 Words   |  4 Pagesthousand dollars in student loans. (Johnson, â€Å"Student Loans†) There is currently a debate about whether or not student loans are a crisis or if this crisis is just a myth. In the article, â€Å"Here’s Your Crisis: Student Loan Debt Isn’t A Myth,† it describes how student loans are a huge crisis, and the article, â€Å"The Myth of the Student Loan Crisis† is about how college students’ loans do not amount to a crisis. The student loan crisis is a legitimate problem, not a myth. College students do not realize theRead MoreAs Of 2015, The Average Amount Of Student Loan Debt In1213 Words   |  5 Pages As of 2015, the average amount of student loan debt in America alone was 1.2 trillion dollars and the average balance for each of the roughly 40 million borrowers still paying back loans was $29,000 (Holland 2015). John Oliver of â€Å"Last Week Tonight† makes a point that student loan debt exceeds that of both credit card and auto loans. However, despite the negative financial effects, achieving a college degree is vital to the National Economy and the job market. According to studies by the HamiltonRead MoreStudent Loan Debt On College Students887 Words   |  4 PagesStudent Loan Debt on College Students Student loans are becoming more and more of a problem for college students all across the United States. As college tuition has significantly increased over the past years, it has become extremely common for most college students to finance their education through student loans. Tuition has become so expensive that it is almost unheard of for a student to pay for their tuition out of pocket or by working for their education part time. As the result ofRead MoreStudent Loan Loans Should Not Be Educational Opportunities For Disadvantaged Students1552 Words   |  7 Pagesi. Student-loan defaults in China In the context of entering the mass higher education stage, the ideology of cost-sharing and equity in higher education is now widely accepted as a must-do in China, and there is a tradeoff in which colleges can charge tuition fees in exchange for better financial aids to students from disadvantaged groups. Thus, implementing a student-loan scheme to ensure educational opportunities for needy students is the primary choice for the Chinese government. Nowadays theRead MoreThe Debt Of Student Loan Debt1168 Words   |  5 Pagesconsumer debt, which help contribute to the large sums of debt countless Americans find themselves faced with. Directly effecting many college students is student loan debt. Student loan debt is now the second largest form of consumer debt behind housing† declares the Federal Reserve Bank of New York (Grisales). This is due to the fact that student loan debt grew 7.1% in 2014 to $1.2 trillion (Grisales). If this statistic alone is not worrisome this next o ne is sure to be. The amount of debt in theRead MoreWhat Are The Effects Of High College Tuition Costs On The1466 Words   |  6 PagesWhat are the effects of high college tuition costs on the economy? The fundamental aim of obtaining a higher education in this country has been to prepare and educate young Americans to accept and consider productive and proactive roles in the workforce, to strengthen our communities and nation as a whole, to contribute to our domestic and international economic competitiveness and to enrich our lives to the very fullest. As part of the perception of the American dream of â€Å"opportunity for allRead MoreStudent Loan Loans Should Not Be Forgiven938 Words   |  4 Pages Should student loan borrowers be forgiven for their debt? The cumulative total of student loan borrowing has already reached $1 trillion dollars already make up more than half of what Barack Obama is pushing to cap the amount any borrower must pay back and forgive outstanding debt after 20 years, even so calling to forgive some or all of the debt that is escalating. Robert Applebaum, the Author behind the Student Loan Forgiveness Act, believes that student loan should be forgiven to highlight anRead More Conniving Campus Credit Essay1677 Words   |  7 Pagescollege campuses causes students to be burdened with needless and unscrupulous debt. In his essay, â€Å"The Lure of Easy Credit Leaves Students Struggling with Debt,† Hoover effectively argues his position through significant references and by successfully rebutting the opposition. Hoover explains how college students are not prepared to deal with the financial responsibilities associated with managing credit cards and why credit debt companies specifically target college students. Hoover also discussesRead MoreEducation Loan Debt Impact On Graduates Lifestyle, Income, Career Satisfaction1253 Words   |  6 PagesI. Title: Education loan debt impact on graduates’ lifestyle, income, career satisfaction II. Introduction The return on investment for a college degree has grown however the cost of higher education has increased at faster rate. The growth in tuition and fees has led to an increased need for students to take on educational loans to fill in the funding gap; federal loans now make up 45% of student aid packages (Baum O’Malley, 2003). Educational loan debt has transitioned from an individual problemRead MoreThe Ethics Of College Debt1299 Words   |  6 Pagesto get higher sources of education. Many high school students dream of attending college in order to attain more knowledge, yet so many people fail to realize the cost of college. Attending college, currently, is nearly impossible to do without being in some sort of financial debt or seeking out government help. According to the American Association of University Professors, â€Å"two-thirds of American college students graduate with substantial debt, averaging nearly $30,000 (if one includes charge cards)

The Canterbury Teales by Geoffrey Chaucer - 2115 Words

The Canterbury Tales by Geoffrey Chaucer can be understood as a text that criticizes glossing and those who gloss. In this case, glossing a text is the comments, explanations, and interpretations one infers from reading the piece of literature and the understanding that can be taken away from it; this is different for every individual who reads the written word. I believe Chaucer wrote some of these tales as a critique of certain figures in his society. The question one should ask when reading, or being read to, is what is the meaning behind the text and where does the meaning lie. When, directly, reading a text one can determine the meaning of the author through one’s own interpretation. When one is being read to, they are being given the information in a biased form; this prevents one from being able to interpret the text for oneself and leads to the audience being glossed, as well as the text, and Chaucer criticizes the crowd’s contentedness to be glossed at and to. Chaucer creates a multitude of female characters that are used to critique the current social order of his time some subtly and some overtly. He presents the audience with female Christian figures some of which represent a passive attitude and a meek demeanor to allow themselves to be used by the patriarchal dominated society; some Christian individuals who speak out against the authority that is placed upon the men in fourteenth century England whether or not they accept the idea of being subservient to men

UNCC Uber Technologies

Question: Discuss about theUNCC for Uber Technologies. Answer: Introduction The current discourse attempts to present itself as an editorial piece by relating the ethical issues in business operations of an emerging organization and thereafter by relating it with the principle thoughts of catholic fundamentalisms. Hence, the assignment will rest on two potential aspects, one that will illustrate the business ventures of a selected organization and the later one will be to connect the activities of that business enterprise with the rudimentary principles of the social teaching system of Catholicism. For this distinct purpose, this literary attempt has considered the organization of Uber Technologies. Uber is an emerging international organization for transportation network, which is headquartered in San Francisco of California, USA. The enterprise is gaining rapid appraisals worldwide and spreading its wings in the sky of international business due to having the innovative idea of giving opportunities of trip request in affordable price to the citizens. Most importantly, the entire business operations of Uber now values for near about $70 billion and is known to operate in more than 526 cities of 68 countries across the globe (uber.com, 2016). It is an unfortunate fact that the company has been alleged several times for pursuing illegal activities such as using drivers who do not possess licensed taxicabs and leadership controversies (huffingtonpost.in, 2016). It is a fact of disappointment that Uber which is growing in a fast pace than the eBay is holding illegal and unethical activities to triumph over the competition. The allegation for this particular matter is pointing towards the prolonged controversial leadership issue of the enterprise. It is even a fact of astonishment that the managerial authorities of Uber have been caught several times in revealing shady tactics for stamping out their potential rival companies (fortune.com, 2014). According Travis Kalanick, the CEO of Uber, the company holds crucial strategies to dominate its greates competitor Lyft in terms of grabbing the support from the investors. Therefore, it is an understandable fact that the rumours against Uber that the company frequently under covers rides of Lyft and even manipulate drivers of Lyft to tie up their knot with Uber. According to several reports made by Fortune, most of the customer complaints against Uber are indicative of the misleading activities of Uber drivers regarding quality check. On the other hand, based on the airport authority and tourists account, most of the Uber drivers give service to the airports without having authorised permission (Dierksmeier et al. 2016). The decision to enforce lawsuit to make a full stop to their acts of misconduct and illegal business operation, seems to be a necessary initiative taken by the district attorneys. The question now arises whether the lawsuit will be potential enough to clear up the sustained ethical conundrum or not. In this respect, the fundamental principles of age-old catholic social teaching can be considered in that context where the discussion is about the ethical and illegal affairs of Uber. Catholic social teaching whose major doctrines are largely influenced by the Biblical interpretations focus on three particular aspects dignity, subsidiary and human solidarity (Berry 2013). In other words, the basic propositions of the catholic social teaching depends on seven premises respect or giving value, prioritise family values, protection of property rights, work for the public welfare, observation of the Subsidiarity, pursue peace and respect duty or work (Dann and Dann 2016). Therefore, it seems that catholic teaching is an apt process to staple aspects of human rights in the minds of individuals. As propagated by Pope John Paul II, teaching doctrines of Catholicism is valuable in a convenient system to input the values of humanity in the minds of the common (Sison et al. 2016). Considering the basic conventions of the Catholic Social Teaching, it seems that the business operations of Uber have seriously offended the principle foundations of Catholicism. Here, the argument can arise about the connection between catholic principles and the activities of Uber. The very first aspect offended by the Uber management in terms of biblical catholic foundations is, they have neglected the value of human rights by misguiding the customers and by provoking the minds of the drivers of Lyft. Furthermore, the repetitive act of negligence and outrageousness of the drivers and the management implies that the principle of working for the welfare of the common individuals. In terms of responsibility and giving respect to own work, it seems that the management and employees have lost the ability to give proper honour to that also. Being concerned about the negative approach of Uber, it would be probably easy to recommend Uber authorities to revise the catholic principles and rectify their business activities. However, such an idea would not qualify, as it sounds less convenient. Nevertheless, the Uber authorities could atleast think about remodelling their work culture and tactics by obliging the seven key principles of catholic teaching to wash off all the controversies. References Berry, B.D., 2013. Catholic Social Teaching. Proceedings of the Catholic Theological Society of America, 58. Dann, S. and Dann, S., 2016. Exploring Catholic Social Teaching in a Social Marketing Context History, Lessons and Future Directions. Journal of Macromarketing. Dierksmeier, C., Amann, W., Von Kimakowitz, E., Spitzeck, H., Pirson, M. and Von Kimakowitz, E. eds., 2016. Humanistic ethics in the age of globality. Springer. Huffington Post India. 2016. Despite Ongoing Controversies, Uber CEO Thinks The Company Could Take Over San Francisco Streets. [online] Available at: https://www.huffingtonpost.in/entry/travis-kalanick-uber-dreamforce_us_55f9b649e4b0fde8b0cc932c [Accessed 25 Oct. 2016]. Mel, D., 2015. Virtues, values, and principles in Catholic social teaching. In Handbook of Virtue Ethics in Business and Management (pp. 1-13). Springer Netherlands. Sison, A.J.G., Ferrero, I. and Guitin, G., 2016. Human Dignity and The Dignity of Work: Insights from Catholic Social Teaching. Business Ethics Quarterly, pp.1-26. Tom Huddleston, J. 2014. What you need to know about Ubers latest controversies. [online] Fortune. Available at: https://fortune.com/2014/12/10/explain-uber-controversy/ [Accessed 25 Oct. 2016]. Uber.com. 2016. The Uber story. [online] Available at: https://www.uber.com/en-IN/our-story [Accessed 25 Oct. 2016].

Relationship with Rodolfo Essay Example

Relationship with Rodolfo Essay Here you can see that they are going through a tough situation, Beatrice feels as if she is being ignored by Eddie. Eddie doesnt feel like talking to Beatrice about it, at this point he is concerned about Catherine and her relationship with Rodolfo. He is concerned about her; Beatrice sees this in another way though. Eddie doesnt seem to be aware of his attraction to Catherine. His obsession is something he is not able to recognize or understand for himself. Beatrice has many good points, as Miller has pointed out, she has a bond with Catherine as a friend as well as an aunt. She and Catherine get along well, but her attitude becomes more assertive when Beatrice becomes aware of a deeper more disturbing reason for Eddies protectiveness towards Catherine. This disturbs Beatrice and she confronts Eddie but he has nothing to say about it. She is worried about what is going to happen as she can see what is going to happen, as the relationship between Catherine and Rodolfo is getting deeper and the fact that they are thinking of marriage. Beatrice tries to make Eddie understand what she can see and what his actions are implying. Beatrice soon is getting fed up of Eddies actions and his attitude towards her and has to confront him head on, She soon realises what she has to say to Eddie. We will write a custom essay sample on Relationship with Rodolfo specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Relationship with Rodolfo specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Relationship with Rodolfo specifically for you FOR ONLY $16.38 $13.9/page Hire Writer somethin else, Eddie, and you can never have her!  She also feels that Eddie isnt acting like her husband any more, the physical, sexual part of the Carbones marriage has broken down and, despite that she had challenged Eddie over this, she was unable to make him face why this might be, let alone make him admit his weakness to himself, and she remains powerless as a result. Moreover, when she confronts him and receives no affection back; he isnt prepared to talk to her about his feelings.  Lastly theres Catherine who is naà ¯Ã‚ ¿Ã‚ ½ve as to whats going on around her, she hardly notices that Eddie and Beatrice arent as close as before. Yet she does attempt to blame Beatrice for lack of understanding:  Then why dont she be a woman? If I was a wife I would make a man happy instead of goin at him all the time. I can tell a block away when hes blue in his mind and just wants to talk to somebody quiet and nice I can tell when hes hungry or wants a beer before he even says anything. I know when his feet hurt him, I mean I know him and now Im supposed to turn around and make a stranger out of him? I dont know why I have to do that, I mean. Here she tries to explain that she understands Eddie better than his wife Beatrice. Plus the fact that she cant just turn around and make him a stranger out of nowhere. This shows her because she doesnt realise that she herself is the problem between Beatrice and Eddies. In the end Beatrice has to confront Catherine head on and make her see how her behaviour is encouraging the wrong feelings in Eddies:  It means you gotta be your own self more. You still think youre a little girl, honey. But nobody else can make up your mind for you any more, you understand? You gotta give him to understand that he cant give you orders no more. CATHERINE: Yea, but how am I going to do that? He thinks Im a baby.  BEATRICE: Because you think youre a baby. I told you fifty times already, you cant act the way you act. You still walk around in front of him in your slip -  Catherine doesnt realise that her actions are partly to blame for Eddies inappropriate interest in her:  BEATRICE: I know, honey. But if you act like a baby and he be treatin you like a baby. Like when he comes home sometimes you throw yourself at him when you was twelve years old. Beatrice tries to make her realise she must take responsibility for her actions:  Because it aint only up to him, Katie, you understand? I told him the same thing already.  Catherine is just coming to terms with the fact that she has to let go of her past and that she does things that she doesnt realise the effects of.  Eddie, Beatrice and Catherine are each to blame for what happens because they were all a part of it and they all influenced how it turned out in the end. They had free will and that let them decide how they were going to act. Their actions are their own, not anyone elses so what steps they took they have to account for because no one can make you do something you dont want to do. No matter how small or large their part was in how everything turned out they were still a part of it in one way or another. Marco and Rodolfo also have a part in how everything turns out; if Rodolfo hadnt been there then everything in the Carbone family would be all in one piece, a little dysfunctional yet still in one piece. Plus if Marco hadnt been there then Eddie would still be alive, because the only reason he died was the fact that Marco came to take his revenge, even though you can argue that it was self-defence. All in all everyone contributes to what takes place whether it be a small or a big part; they still took part and are to blame. The character of Alfieri is used as a narrator in this play, he comes in at key stages in the play and the fact that he is telling the story as well as being a character in the play makes it a bit more dramatic because he knows exactly what is going to happen yet we only have a little bit of an idea through what he says. Alfieri is talking about the Sicilian code of honour and the importance of having a good name in the community because he knows that something horrible is going to happen and is letting us into a few minor details so that we are left guessing what is going to happen. Eddie goes to him for help at key points in the play so that Miller can put across his opinion on what is going on and how things are going to take a turn for the worst for everyone. Miller shows sympathy for Eddie through the character of Alfieri: Most of the time now we settle for half and I like it better. But the truth is holy, and even as I know how wrong he was, and his death useless, I tremble, for I confess something perversely pure calls to me from his memory not purely good, but himself purely, for he allowed himself not to be wholly known and for that I think I would love him more then all my sensible clients. And yet, it is better to settle for half, it must be! And so I mourn him I admit it with a certain alarm.  Now going back to the original question, I think that Beatrice is right to an extent about what she says; every one of the characters has a part to play in the ending of the play. She is right in saying that they all belong in the garbage because they all had a choice of doing what they did and not doing it so you cant really say they were forced to do it because they werent.