Financial Expectations Essay

College has become a norm in today’s society so much so, that the average costs of higher education are not really discussed. A public two-year in-district college was $3,520 for a full-time undergraduate student in 2016-2017 (Baum 68). Baum also declares that a public four-year in-state undergraduate tuition was $9,650; a public four-year out-of-state college cost $24,930; a private nonprofit four-year college costs $33,480; and a for-profit college cost $16,000 for that same school year. (68). Across the nation, figures will vary because of the obvious geographical region differences, but also because of price discrimination. Price discrimination allows institutions to discount their prices for a lot of students (Baum 79). Institutions do this based on individual student circumstances, and it segments the market. Institutions

1. Describe two examples of important things that financial planning skills can help you do, and explain why these things are important to you personally. (4-6 sentences. 2.0 points)

Compared to just 10 years ago, in-state public university tuition has risen a dramatic increase of 40% — about $2700 (“Tuition and Fees and Room and Board over Time”). At the university level, in-state college is the cheapest option. However, in regards to the inflation of the decade, only 15%, university tuition is substantially higher for families today (“Archived Consumer Price Index Detailed Report Information”). Students and families are now paying a 25% higher price for in-state college than those just 10 years ago. Consequently, this has

The amount of students that attend an out-of-state university for college is about 13.7% (“Percentage of Out-of-State Students at Public Universities”). This statistic is remarkably low, considering the growing amount of young adults attending college. In-state tuition is expensive for most citizens, as out-of-state costs are completely unaffordable. Out-of-state tuition costs can easily triple the amount of in-state costs, meaning most students find themselves attending an in-state university without a second thought. The reason for these high out-of-state tuition fees is due to the state government believing that these extra costs are necessary because of tax dollars. State schools are funded by the state’s

The main downside of out-of-state college is that tuition costs for an out-of-state student can be doubled or even quadrupled. Some say depending on the institution that the cost is worth it in the long run. A student could get the exact same education in their own state and pay less than half the price for their tuition. The average cost of instate tuition is six thousand dollars while the average out of state tuition cost is fifteen thousand dollars (“In-State”). Staying in state for college can really help someone if they have never saved for college because the cost is substantially

Tuition cost plays a vital role in deciding whether to attend a community college or a four year institution. According to Susan Stafford, “Tuition for community colleges is affordable while tuition costs at public institutions are usually at least twice that of a community college” (1). The tuition cost in universities can be overwhelming and highly unaffordable, This have caused many students to graduate with s heavy loads of debt but by attending a community college, an individual can

Whether a student is looking to stay in-state or move out, the cost is still very high. According to College Board, expenses, on average, to attend a 4-year university add up to around $9,000 a year for in-state residents. Triple this amount and non-residents must pay that. Private school expenses tend to add up to around $35,000 a year (College Costs). During the 1995-1996 academic years, 66% of four year students in public institutions received some form of financial aid (Losco). Although the financial aid sounds like a good plan at the time, it causes the ones who take aid to being their adulthood in a large amount of debt. Even though there are a number of scholarships and financial aid programs available, each student must qualify and meet certain requirements that are not always met.

The application fee is just a start of $75 along with getting books for each class that can range from $700 - $1,200 depending on if you’re accepted. Meanwhile, tuition and fees add up to over $9,830. The cost of attendance for in-state students is about $26,346. Lastly on campus living can add up to around $11,456 on average plus meals and parking, $4,310.

College tuition is differed by the institution and type of institution that a student enrolls in. For example, tuition at a two year community college is significantly less than a four year university. In the 2012 – 2013 academic year, the average tuition at a public two year institution was about $8,928, while the tuition at a public four year university was $17,474 (“Tuition Costs of Colleges and Universities”). The tuition cost to attend a public four year university is almost twice the amount of the tuition cost at a two year university. Tuition fees do not include room and board or a meal plan, so why is it that a university’s tuition is twice as much as a college’s tuition? Two year institutions are now beginning to offer classes and courses to students to

School supplies can add up really fast. In this online checklist created by a former college student there will be a list of multiple items needed in class or at home. School supplies really depend on what the student decides to major in. Some must have items consist of calculators, notebooks, recorders, pens/pencils, laptops, paper and that’s only a few items. a rough estimate of the total for some basic items is about $1,100 dollars. Depending on the class the total may be higher. Now this doesn’t include any fees or books the professor is going to have for the class. the professor may have their own books for the class or maybe a different book than what the student was told to buy or maybe a different book for different parts of the year. The courses themselves cost money as well. Roughly $250 for 30 credit hours if you’re in state. out of state can get to around $650 depending on what college is chosen and how far out of state the student is.There are also tuition fees which range from $7,500 for in state and $19,000 for out of state and again some

As of now, college has a set price. However, it fluctuates with the amount of

-Martin Industries just paid an annual dividend of $1.30 a share. The market price of the stock is $36.80 and the growth rate is 6.0 percent. What is the firm's cost of equity?

Life insurance is meant to provide funds to replace a breadwinner's to protect and support dependents. Chad and Haley are dependents, not income providers. Therefore, the purchase of life insurance is unnecessary and not recommended. The Dumonts should use the money they would spend on policies for the children to increase their own coverage.

The area in which I spent the most was definitely transportation however, this expense was an absolute necessity that I could not avoid. Being raised to be conscious about my money spending habits and to always look for a bargain was not something I could necessarily put into practice concerning this area. Areas where I spent the least would have to be personal care and personal extras; there is always a great sale and or off brand personal hygiene product to be bought. When I don’t buy the flashy product with the pretty packaging and well known name I save a bit of money in the process. The fact of saving money on products like these is so liberating and I get a huge adrenaline rush out of it! As far as

What type of financial investments would you invest in if you were given 10,000 dollars, what made you choose these investments, as well as; how did your choices affect your decision as to tracking these financial investments through the usage of financial strategies and trends. While finding the right pecuniary investment to finance in is never an easy decision, one must first do their research as to what type of financial resources are available on the market to invest in; then apply those financial decisions and strategies to their financial market plan. Let’s begin with what a financial market does, “financial markets perform a vital function: they transfer funds from savers (individuals and organizations willing to defer using some