Posts Tagged ‘Opinion’

Education is Key to Proper Retirement

October 7th, 2009
This is not a good source of education

This is not a good source of education

and 75% of all adults retired say they will work as long as they can during, both because they want to and because they need the income.

Populations around the nation now expect to delay retirement due to the financial crisis, doing so 1 to 5 years later than they planned. Education is an important factor here, as 44% of people with a high school education or less say they will not ever be able to retire because of the state of finances.

Of those already retired, more than half of them say they wished they had saved more money before leaving their occupations. Some current retirees solely depend on Social Security for their income, which is most common among those with a high school education or less. Few of those with a college degree rely on Social Security. 40% of people without a college education under thirty years old have not yet set up retirement accounts or have started a strategy for saving money for retirement.

With things being what they are with the economy and financial status, it is a good idea to plan ahead for your future expenses, either by saving up as much as possible, or getting as much education as you can. This will grease the wheels of the retirement process, and will help allow you to spend your retirement as it is meant to be spent.

President Wants to Extend School year

September 30th, 2009
Stay in School...... Literally!

Stay in School...... Literally!

The economy is picking up, yet, only slightly; and new support of ideas such as extending the school year, may do more harm than help.

President Obama advocates this belief that extending school days for the academic year will help close the achievement gap, promote higher learning, and improve grades. He says that kids in our nation spent too little time in the classroom; however, the cost of keeping students and teachers in school would be increased (air conditioner, utilities, overtime salary, etc.) In addition to education facilities, leisure industries will be affected by a curtailed vacation period. Travel agencies, hotels, summer camps, and other vacationing business spots will suffer some loss of customers.

While the President has his positive intentions, this is not the time to increase expenses in our economy, yet education experts agree with the idea and believe that increasing time learning is correlated with higher grades. The details of Obama’s plan are still witheld, and educators agree they will hold their judgement until a more specific proposal is made.


State Education Might Get $250 Billion!

January 4th, 2009
Hey Banks and Autos got it, why not us?

Hey Banks and Autos got it, why not us?

Five Democratic Governors led by Massachusetts State Governor Deval Patrick have decided to ask the Federal Government for one trillion dollars to help states meet budget shortfalls. $250 billion of this money will go towards education. You can read more about it here.

Just where is all this money coming from? I am glad that state governors are noticing that education can always use more money, but I really think this is just an attempt to jump on the bailout bandwagon and milk money indirectly from hardworking blue collar Americans to save the state’s bloated budget.

Students, you may want to pick up a copy of Atlas Shrugged, a book ironically written in 1957 that talks about the effects of a federal government getting involved in bailing out the economy. This book is a long and hard read that I can relate to more and more each day.