Friday, May 15, 2020
Why Is An Investment In Knowledge Pays The Best Interest
Founder of the United States, inventor, and political theorist, Benjamin Franklin, once stated, ââ¬Å"An investment in knowledge pays the best interestâ⬠. Doctors, lawyers, and scientists can attest to this, but I believe this phrase could be tweaked into a quote that applies to people of all careers and financial standings. It would go something like this; ââ¬Å"investments for knowledge create the highest interest!â⬠Paying for college is quite certainly a massive investment, and most likely when students try to pay for it, they go into debt. A record high of these cases has sprung in our midst, and action must be taken to help reduce the financial illiteracy that has plagued our nation. Humorously enough, this enormous and evasive amount ofâ⬠¦show more contentâ⬠¦However, this educating process should not start senior year when the student has just been thrown into a whirlwind of vigorous classes, extra-curricular activities, and embarking on preparing themsel ves for life on their own. Instead, counselors should be educating students as sophomores and juniors, so when the time comes to apply for scholarships and student aid, the process is known and can be maneuvered much more easily. When it comes to gaining knowledge of financial aid, the process doesnââ¬â¢t end after the student is aware of how to get scholarships and governmental aid though. Being a high school senior, I know that in teenagerââ¬â¢s minds, the easiest path is always the road that wants to be taken. If applying for financial aid and scholarships is complex and confusing, it is almost imperative that students simply will not do it. Countering this problem, if websites and scholarship pages provided simple and easily understood steps to file for academic aid, a vast number of students would be more willing to work through the process of applying for money. In a perfect world, if students know what scholarships and financial aid is available, and understand the pro cess of applying for them, they would take initiative and find a way to pay for college through the given resources. Right? However, like the old saying goes ââ¬Å"nothing is perfect,â⬠and therefore a plethora of students will still go into college using loans and going into debt. Why is this? When every studentShow MoreRelatedEssay On Investment996 Words à |à 4 Pagesbigger fish in the construction industry. Thats why I believe that the local community is great; its bursting with potential and opportunity to tap into. Investing into this goldmine of possibilities is a great move to make, read here to here our five booming benefits to investing in the surrounding area: Local Knowledge: The local construction industries know where the gems are hiding. They will have specialist knowledge and insight to where best to acquire materials and particular trades. ThisRead MoreA Lifetime Of Student Debt1050 Words à |à 5 Pagesthe money to pay their student loan debts. In the essayââ¬Å"A Lifetime of Student Debt? Not Likely,â⬠Robin Wilson argues that graduating college with student loan debts is a still better option than not attending college. On the other hand, other people contends that people should not go to college because they will end up in debt for the rest of their lives. 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They also could possibly make financial mistakes during this time that could be costly for their future (Larson et al., 2016). Millennials may not be able to dependRead MoreShould College Be A College?1469 Words à |à 6 Pageseducation is the best path in order to succeed in life. Going to college has become a social status with many people going to college to simply be a college student while hoping that their time will be worth it by getting an amazing job in the end. However, it turns out that college is not always worth it because of how expensive college can be, how unreliable some of the information learned can be and how college just simply isn t for everyone. In today s society, many young adults pay thousands of
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