Posted on 30 January 2012. Tags: cent, mark worthington, school, taking a gap year
Young people are taking more steps to secure their financial future, new research has indicated.
In a study carried out by NatWest, a rising proportion of school leavers considering taking a gap year before starting university are looking to use the time to work so they can save money to help alleviate the cost of further education. According to the financial services firm, more than 50,000 new students are set to take on work in the 12 months prior to beginning higher education and will earn some 212 million pounds. This in turn could well help them to manage their money better while at university and foster a better attitude towards applying for and paying back personal loans and other forms of borrowing in later life.
Mark Worthington, head of NatWest Student Banking, said: “It is easy for students to get caught up with the excitement of taking a gap year and forget about what great money-saving opportunities it can present. It is therefore encouraging that young people are thinking ahead and using their gap years as a valuable opportunity to save for their future studies.”
Meanwhile, research from the firm also showed that school-leavers are more concerned about the monetary pressures of going to university than they are about getting good grades. Overall, 55 per cent of school leavers believe that they are not adequately prepared financially for higher education, while 17 per cent believe that it will take them more than ten years to pay back their student debts. Those graduating, meanwhile, believe that they will owe an average of 15,000 pounds after leaving university. The study also showed that a third of graduates claim that they would have re-considered about whether to go to university if they knew beforehand about how much debt they would be in. Continue Reading
Posted in Business Schools, Entrepreneurialism
Posted on 25 January 2012. Tags: tax exceptions, young entrepreneur
It is the dream of every young person to become a tycoon before he becomes old. Though this may look like a mountain to some youth, it is possible when one becomes part of the young entrepreneurs. An entrepreneur is person who begins an enterprise and thus links capital to labour. Young entrepreneurs start ventures and are ready to meet financial risks before they succeed. Since young entrepreneurs are highly regarded in nearly all communities their access to tax exceptions, inexpensive capital and management advice is often made easier. Entrepreneurs are often driven by desire to come up with new things, making them tangible.
Since entrepreneurship can be quite risky if not well planned, it may lead to a failure in new ventures. Entrepreneurs will be required to seek market opportunities before exploiting them. They must however be ready to organize their resources in an effective manner. They should realize that entrepreneurs are required to have good working relations with various people like the customers, vendors, professionals and vendors.
The following are some of the principles that young entrepreneurs should know before they can become entrepreneurs. They must have good business ideas if they want to be successful. It may not however be an ingenious concept but an idea which will work and make maximum profits. One must therefore examine his or her own skills analyzing how they can be utilized generating income. A young entrepreneur must then access to the other firms or individuals that have similar concepts and then find whether there exists a loophole in the market. This makes one to stand out above those venturing in similar businesses.
Enterprises should then go ahead and start up the business when they get the idea. It would be a waste of time if a young man or woman has a great idea but does not bring the idea into work. It is important for the entrepreneurs to have everything ready that pertains to that business; tax laws, capital and time needed to begin. When everything is ready, practically start this business; get funds, buy the needed materials and have the name of your enterprise among others necessities. They should also understand that they are their own bosses and this call upon them to be more disciplined on how they manage their time and resources. Young entrepreneurs are expected to love and enjoy what they are doing if they have to be fruitful.
Posted in Entrepreneurialism
Posted on 20 January 2012. Tags: challenges in education, life, process, public education systems
cRecent investigations in the study of demographic trends at global level are currently making light on a very controversial aspect, although ignored by global institutions, like O.N.U., U.N.D.P., G 20, same by organizations with attributions in the educational field (as UNESCO, Youth International Authorities and other). The so-called “demographic winter” phenomenon, which reveals the dramatic consequences of the “modern” life, marked by familial and moral decline, by miscarriage, vulgarization and the homosexuality “normalization”, by the poisoning influence of the majority of mass-media and the “Hollywood culture” are inoculating egocentrism, frivolity and irresponsibility. Considering this demographic trend offers a new dimension to the way in which abundance and resource of the world are distributed and also gives a new vision on elementary educational issues.
The globalization of education is reflecting itself in the extension and unification of educational practices, used by all those public or private entities, involved as active social educators. Over time, the public education systems in developed or emerging countries, which promote formal education, are illustrating with consistency the practice of a classical education system. In the field of non-formal education there are used more innovating and diverse methods of education, but unfortunately few of this are oriented upon individual behaviour reshaping in the global context, and they are looking only to proliferate consumerist habits, by preparing youngsters for a successful professional career start. The presence of NGO’s with international coverage and professional training companies has fixed the currently understood “development in education” in comfortable limits. This makes room for a reshape of educational fundamentals and, more obvious, for the ultimate purpose of learning.
Most people think that education should equip them with the proper exploitation instruments so that they can forever trample over the masses. Still other thinks that education should furnish them with noble ends rather than means to an end. The function of education, therefore, is to teach one to think intensively and to think critically. But education which stops with efficiency may prove the greatest menace to society. The most dangerous criminal may be the man gifted with reason, but with no morals. Continue Reading
Posted in College University, Educational Science