The Value of a college education.
Every year millions of students graduate from high school. The decisions they make will affect the rest of their lives. Some will choose to go to college; some will want to get full-time jobs; others will decide to obtain technical job training. In every case, economic reasoning will help students make better choices.
Everybody decides to consider the costs and trade-offs connected with a decision to go to college. And the main question in this situation is like: Is a college education worth the expense in terms of immediate and future personal growth and economic well-being?
The opportunity costs of going to college involve a loss of income and a loss of practical job experience while attending college. Lets consider two mans: The Education Level of the first one is less than 12 years and his Projected Lifetime Earnings is $850.000; The Education Level of the second one is 5 years college and his Projected Lifetime Earnings is $1.500.000. We see a big difference between them.
The trade-offs involved in going to college include using time and money now to gain greater advantages in the future. But somebody thinks that if you could invest $ 30.000 now, for instance, forego a college education, and with your investment returns still have the same lifetime earning power as acollege. It’s of course can be true but where do you get $30.000 if you don’t have education? Besides nobody will give you a job if you haven’t got education and knowledge. And I am sure that my further education is worth the time and money involved.
Comparing prices.
To understand how buying decisions are made I would advise you to make a shopping list of 10 basic food items, then go to several shops and find out the range of unit cost for each item.
To begin with you should consider the first step “What kind?”. The variety of a certain commodity in a supermarket is often confusing, there are dozens of different brands.
The next step under discussion should be “How much?”. After deciding what kind of commodity to buy, consumers generally consider the price.
I suggest that the next step can be: “How good?”. Sometimes evaluating the quality of a product can be difficult for the customer.
Being a wise consumer is never easy. A wide variety of prices, brands, sizes and advertising gimmicks influence you when you enter a store.
Firstly I would advise you to decide what kind of product you need. Eventually there are many things that influence what you buy. Buying in quantity can often help us spend less.
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At the same time there is one more very important factor influencing buyer’s decision – advertising.
My personal opinion is that ads are usually one-sided and emphasize only the good qualities of a product. You probably know how ads try to attract consumers by appealing to their emotions.
Many factors influence buying decisions, and choices are not simple for consumers. It’s absolutely true that smart buyers must obtain product information and then compare and evaluate that information.
Finding a job.
When you start looking for a job for the first time you wonder where you should start looking for job opportunities, what your first steps should be.
I think that to begin with you should use all possible sources available in job-hunting. You should let your friends and relatives know you are looking for a job and ask them whether they know of any job openings. Another successful way of looking for a job is to go to the supermarket near your home. You can fill out applications for jobs, leave your name, address and telephone number so that they can contact you if any jobs become available.
Besides, newspaper ads are a good source of job openings, as well as school councilors and teen job services.
I think it might be a good idea to use private job agencies. But in this case you should be very cautious. Unlike public job agencies, the private firms charge a fee, sometimes a percentage of your salary. You shouldn’t be shy about seeking the job.
The second step in job-hunting is to fill out an application. After you find a job opening, you will have to show your potential employer why you are the right person for the job. In a sense, you are now selling a product – yourself. You want the employer to purchase your abilities than those of someone else. You should put one more step into your plan – “Write a Resume”. In my opinion these three steps are the most important ones in job-hunting.
There is one more step that can affect an employer’s decision – that is an interview. I advise the beginner in job-hunting to find out something about the firm before going to the interview, be on time, dress neatly, be polite, answer questions, speak clearly. Remember: most people hire people they like, rather than the most competent person. Mind the proverb: “When you are smiling the whole world smiles with you”.
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