The Importance of Budgeting to Avoid Defaulting on Student Loans Essay

The Importance of Budgeting to Avoid Defaulting on Student Loans Students defaulting on their loans will always be a problem for the government as long as there are students taking out loans. There will always be a few that don’t pay off their loans. There are many reasons why students default on their student loans. According Ms. Farrell, the author of â€Å"Reducing Student Loan Defaults: A Plan for Action,† in the Office of Planning, Budget, and Evaluation Survey, said â€Å"The main reason that students default on their loans is that they cannot budget their finances† (Farrell 24). Even though a number of students are working while going to school, they don’t understand the financial burden that loans will place in their lives. In order for students to pay back their student loans, they need to calculate their in school and out of school budgets. If too many students neglect to pay their loans, it can create a serious problem for students that are currently in school receiving financial aid. A school can be dropped out of the student aid program. Under a current law, colleges and universities can lose access to student loan programs if they have default rate of 25% or above for 3 consecutive years. Institutions can also lose access to all programs, including grants, if the most recent default rate exceeds 40%. The Department of Education just released a list of more than 300 institutions that could lose eligibility for some or all student aid programs, and 144 schools are no longer eligible to participate in student loan programs because of high default rates (Dervarics 6). So we can see how important it is for students to pay their student loans back; so that their school will not be dropped from the student... ...in. It helps students to compare and match expenses with income to balance out their finances on a weekly, and/or monthly basis. So give budgeting a try, and see your life become less complicated. Works Cited Brownstone, David M. â€Å"Planning your future.† Personal Financial Survival Wiley Interscience Publication. 1981: 5 Deravics, Charles. â€Å"Student Loan Default Rates Fall Dramatically† Black Isues in Higher Education 6 February 1997: 17 Farrell, Mary. â€Å"Reducing Student Loan Defaults A Plan for Action† Dept. of Education Washington D.C. Office of Planning, Budgeting, and Evaluation, 1990 : 7, 24, 27 Finney, Robert. â€Å"Every Manager Guide to Business Finance† American Management Association, 1994: 175 Gray, Ginger. Phone Interview. 23 February 1997. Groza, Maris. â€Å"Where to Live.† Every Womans Guide to Financial Independence. Les Femmes. 1997: 13

A Successful Teacher

Teaching is a special calling. It is not a job well – suited to everyone. Teaching is still more of an art than a science. So teachers should be artists in this domain. Teaching should provide an opportunity for students to develop a strong sense of creativity, a high self-esteem a life- long respect for learning. A teacher will be one factor that helps a student learn and progress along their way through life. Many individuals believe that being a teacher is an easy task. Our society believes that any person can become a teacher, but experience has shown that not everyone is capable of being a teacher.There are many personality traits that are required to be an effective teacher. â€Å"How to be a successful teacher? † It is an important question that we can answer by infinite words and endless sentences. However, here are some top keys for being a successful and ideal teacher. Every teacher can benefit from focusing on these important qualities. Success in teaching, a s in most areas of life depends almost entirely on your attitude and on your approach. 1- Sense of Humor : A sense of humor can help you become a successful teacher. Your sense of humor can relieve tense classroom situations before they become disruptions.A sense of humor will also make the class more enjoyable for your students and possibly make students look forward to attending and paying attention Most importantly, a sense of humor will allow you to see the joy in life and make you a happier person as you progress through this sometimes stressful career. 2- A positive Attitude A positive attitude is a great asset in life. You will be thrown many curve balls in life and especially in the teaching profession. A positive attitude will help you cope with these in the best way.Your composure will ease your possible anger and will decrease the pressure that you may face. For example, you may find out the first day of school that you are teaching English 2 instead of English 1. This wo uld not be an ideal situation, but a teacher with the right attitude would try to focus on getting through the first day without negatively impacting the students. 3- High Expectations : An effective teacher must have high expectations; you should strive to raise the bar for your students. If you expect less effort, you will receive less effort.You should work on an attitude that says that you know students can achieve to your level of expectations, thereby giving them a sense of confidence too. This is not to say that you should create unrealistic expectations. However, your expectations will be one of the key factors in helping learn and achieve. 4-Consistency: In order to create a positive learning environment, your students should know what to expect from you every day. You need to be consistent, this will create a safe learning environment for the students and they will be more likely to succeed.It is amazing that students can adapt to teachers throughout the day that range fro m strict to easy. However, they will dislike an environment in which the rules are constantly changing. 5. Fairness: Many people confuse fairness and consistency. A consistent teacher is the same person from day to day. A fair teacher treats students equally in the same situation. For example, students complain of unfairness when teachers treat one gender or group of students differently. Students pick up this so quickly, so be careful of being labeled unfair. . Flexibility: One of the tenets of teaching should be that everything is in a constant state of change. Interruptions and disruptions are the norm and very few days are typical. Therefore, a flexible attitude is important not only for your stress level, but also for your students who expect you to be in charge and take control of any situation. Finally, there are some points that every teacher should pay attention to in order to be an ideal teacher : 1- Never lose your temper, be self-contain. – Do not let your student s know your self-points. 3- Do not break the rules and the regulations. 4- Be patient. 5- Be unpredictable, do not be a stereo type teacher. 6- Variety and speed†¦. †Variety is the spice of life†. 7- Love your students and treat them kindly. 8- Be punctual in appointments. 9- Be tolerant. 10- Pay attention to the differences that may be found among the students. ( disparity in mental and understanding abilities ) . Whenever there is a will, there is a way†¦..

Defining Millennials and Their Role in the Workforce

Millennials, like baby boomers, are a group defined by their birth dates. A millennial refers to someone who was born after 1980. More specifically, Millennials are those born between 1977 and 1995 or 1980 and 2000, depending on who is writing about this generation at the moment. Also referred to as Generation Y, Generation Why, Generation Next, and Echo Boomers, this group is quickly taking over the American workforce. As of 2016, nearly half of the countrys employees fall between the ages of 20 and 44 years old. Estimated at 80 million, millennials outnumber baby boomers (73 million) and Generation X (49 million). How Millennials Grew Up The nickname Generation Why refers to the questioning nature of millennials. They have been taught to not take everything at face value  but to really understand the reason why something is. An increase in available information thanks to the internet has only fueled this desire. Some of this is due to the fact that this is the first generation to have grown up entirely with computers. Even many born in those disputed years of 1977 to 1981 had their first interactions with computers in elementary school. Technology has played a great role in their lives and it progressed quickly as they grew up. For this reason, Millennials are at the forefront of all things tech. Raised during The Decade of the Child, Millennials also benefitted from greater parental attention than in generations past. Quite often, this included fathers who were more involved in their childrens lives. Their childhoods have influenced their understanding of gender roles in the home and the workplace as well as their future expectations. The Desire for Meaningful Work Millennials are expected to create a cultural shift in the workplace. Already, Millennials have expressed a desire to pursue work that is personally meaningful. They tend to resist corporate hierarchy  and are accustomed to getting work done in a variety of environments—not simply sitting at their desks.   Flexible scheduling is of great appeal to millennials who place a high value on work-life balance. Many companies are following this trend by providing an employee-centered workplace that is flexible in both place and time. This generation is also changing the traditional approach to management. Millennials are known as multitasking team players who thrive on encouragement and feedback. Companies that can appeal to these attributes often see great gains in productivity. Millennials Are Closing the Wage Gap The millennials may also be the generation that closes the gender wage gap by the time they retire. Although women typically earn 80 cents for every dollar a man makes, among the millennials that gap is closing tighter.   Every year since 1979, the U.S. Department of Labor has issued a report on the annual average of womens earnings compared to that of men. In 1979, women earned just 62.3 percent of what men did and by 2015, that reached 81.1 percent. In that same 2015 report, women in the millennial generation were earning as much, if not more, on average each week than older women. This trend shows a significant increase in skilled labor jobs that have opened up for women in the workforce. It also tells us that millennial women are competing more and more with their male counterparts in a technologically-driven society. Source Highlights of womens earnings in 2015. November 2016. Bureau of Labor Statistics, United States Department of Labor.  https://www.bls.gov/opub/reports/womens-earnings/2015/home.htm