Scarcity's Dilemmas

Noted authors, Brandon Chambers, is quoted saying, “If you are going to fear anything fear success. Think about what you are doing and when you succeed what life you will have.” There are several different reasons why I could stay home, work and not go to college; I could go to work every day and make more money for the house, it’s easier, and I would be less stressed. Now, on the other hand there are many reasons why I should go to school; such as further my education, make my family proud, and make myself proud. I am attending college for several different reasons. One reason is to further my education. I hate feeling like I don’t know something, I like being the person everyone comes to for information. Also, because I want to

If you were to by chance walk into a normal, bland Economics 101 class, you are almost destined to overhear a professor speak about one of the most important cornerstones of basic microeconomics, opportunity cost. By definition, opportunity cost is what one forfeits in order to pursue something else. A big decision of life that exemplifies the exact definition of opportunity cost is when teenagers go to college. Instead of getting a job at a low level right out of high school, many of todays concerned teens are giving up their ability to immediately labor for income and instead go straight to college in hopes of obtaining a higher level occupation. The concerning question on the mind of unknowing newcomers to the real world is, however, if college is all that it’s built up to be. The fact is, if you look at attending college in the long run, the ability to conceal a high paying job by the time of graduating is very high, making the opportunity cost very worth it.

Ordinarily, people are in control their actions. However, all actions and decisions are based on knowledge and experience, or, a person’s social location. Considering the article by Janice Bloom (2005), Hollowing the Promise of Higher Education: Inside the Political Economy of Access to College, many students in low socioeconomic status are not knowledgeable about their financial options with regards to accessing higher education. This lack of knowledge generates a perception of limited options which leads to uninformed decision-making. For example, Bloom explains that several students in her

Today many high school students are trying see if college education would good idea for future jobs or careers. Teachers and parents alike think about college being a good investments in for their children or students future. They believe that college is helping people to grow mentally and socially. Furthermore, they believe that getting a college degree is good for students that are trying to start higher paying careers, which will turn into a higher sum of money. On the other hand, there are many naysayers arguing that college is not the only option for education. But there are other options such as self-education, online schooling and vocational schooling. They consider college in being too expensive and requiring to take out loans making

College debt can stunt most students from pursuing their college dream and going to their school of choice. Students get scared of the word debt and the numbers that they would be dealing with outside of college. Students are putting aside going to their dream schools because of the fear of how much debt they will get into after college. There are many reasons why people don’t pursue college, or just from not being able to afford it. Students go back and look at not going to their dream college or college at all and regret not taking the challenge and going with what they always wanted to do. Some students experience not being in debt after college and why they think college tuition is right where it needs to be, but others will make shocking choices to not be in debt. College students are choosing not to pursue their dream college or college at all because of finances they would be dealing with after college, debt.

Everyone has to make choices in their life. Some are everyday choices, like what to eat or drink. Others are more critical, like choosing a job. Important decisions take time to comprehend. Like with me, the decision to go to college was the most critical choice in my life and for my future, and I will never regret it. Going to college is important because it helps me find a job, it expands my knowledge, and it is a wonderful experience.

Another problem is a job; getting a job is also a factor to one’s future because it’s hard to get a job which makes it hard to get a better education. No matter what decisions you make they always play a role in a person’s future, so there for it's better to think before you

Although neither my parents nor my older siblings have college degrees, as a child, I don't remember ever planning my future using the phrase “if I go to college.” From a very young age, it was always “when I go to college.” For me, a postsecondary education is the logical next step in my life, the missing puzzle piece to get me where I want to go. For a long time, I believed that the only reason anyone would choose not to was because they were academically or financially incapable. In “Are Too Many People Going to College?”, Charles Murray refutes this belief, examining the increasing accessibility of a college education and how our culture pushes people who may not need it to attend anyways.

College is where you go to get higher sources of education. Many high school students dream of attending college in order to attain more knowledge, yet so many people fail to realize the cost of college. Attending college, currently, is nearly impossible to do without being in some sort of financial debt or seeking out government help. According to the American Association of University Professors, “two-thirds of American college students graduate with substantial debt, averaging nearly $30,000 (if one includes charge cards) in 2008 and rising.” (AAUP, 2012) Although going to college is beneficial, there is an argument on whether or not going to college is worth the possible debt incurred. The goal

As adolescents begin their senior year, the topic of college often runs without hindrance, often causing extreme stress. As the monetary value, as well as the time spent, begins to accumulate in their minds, students often find themselves bound at the wrists figuring out a way to balance as well as afford college living. In many cases, the upcoming graduates are unsure about their career path, almost enhancing their stress in choosing a school that would cater to their needs. It is almost then they begin to ponder whether or not University/college life is for them, which is could be an extremely advantageous shot in a, for example, high achieving family. Whilst college does allow for a plethora of doors to be opened, the lack of time, effort, and money can hinder one 's ability to properly choose a university. Though school can help with the stepping stones of life, they do not entirely ensure a proper future, therefore many may opt out of school; however, with the correct actions, they may turn out extremely successful, which may not have even happened without the release of the burden of school.

Benefit is something you can profit from & Opportunity cost is the second best decision

Looking back to my first post about “Resources and Scarcity”, I recall choosing an article that talked about the expected water shortage in the Middle East. The article, by John Vidal, stressed the increasing demand of available potable water, and the decreasing supply due to changes in climate such as higher temperatures. In addition, the article also stated the various dangers that were expected due to decreasing supplies. This danger includes thousands of people being forced to relocate, and various complications with economic growth and national security. The article also covered the negative effects that agricultural workers should expect to face. These problems included death of cattle, damage to crops, and loss of jobs. Almost two months

Growing up I always saw college as privilege for the white or rich , this made me think that college was not a choice. When I transitioned from middle school to high school I was able to see that everyone has the opportunity to attend college, they just have to desire it enough. Given the financial situation that my family has been in since my Junior year, where I have been the only provider of income for the household since my mother has lost her job. This situation has made me reevaluate my ability to afford to attend college. By utilizing a cost benefit analysis I will be able to weigh the pros and cons of my situation to choose a path forward. I will analyze my monetary and nonmonetary costs/benefits of pursuing a further education versus going to work full-time. I have

-John has to choose the school where he will live at home with a lower tuition cost. Or he has to choose a private university which is prohibitively expensive. Or a state school, close to home and friends, and his tuition cost will be lower. John tradeoffs his is practicing one of the basic principles of economic, no free lunches. He’s next trade-off is between quality of life that will be offered, or the quality of its education. Trade-offs I may face is what I want to study for prosper next year.

The word scarcity, by definition means ‘to be in short supply’. A scarcity occurs when the demand for a product or good far outweighs the supply of that product or good. In my most humble, yet concerning opinion, I believe resource scarcity, such as water, to be one of the largest and vastly growing sustainability issues that we will face head-on in the coming decade, and decades thereafter. My summation is that globalization along with rapidly evolving technology, consumers are far too consumed with living in the current moment with little to no regards for future impact. In this paper I will discuss some intersections of economic, social and environmental factors that water scarcity encompasses, and why it is crucial to address this crisis now and frontward into the next decade.