Financing For Loan And Debt Crisis - 1269 Words

In America today, the total consumer debt was $11.52 trillion, and of that, student loans account for $1.08 trillion and that number is growing larger and larger every year (Hiltonsmith, Robert). A large portion of the population undoubtedly feels the burden of these statistics. Seven out of every ten college seniors has reported having to take out one or multiple student loans so that they can to afford to go to college (Hiltonsmith, Robert). The results of this outstanding amount of debt does not just affect the United States negatively for the obvious reasons such as lower credit scores and perpetual expenditures towards lenders. This loan and debt crisis has also led to an even larger disparity between the lower class and the upper†¦show more content†¦Germany recently revoked the policy of college tuition in all providences nationwide, and with free tuition, more and more students every year can attend college (O Shaughnessy, Lynn). Germany is not the only country to ap ply this policy towards education either; Spain, France, Italy, Malta, Sweden and several others all offer tree tuition for public universities (Noak, Rick). For that reason, the solution to some of the aspects of the student loan debt crisis should be adapted from policies currently in effect in these European countries. Improving upon the models that countries such as Germany have implemented will better prepare the United States to create a successful tactic to tackle one of the country’s biggest dilemmas. There are a few complications that will have to be addressed. One of the methods used to fund the tuition of the citizens of these countries is through tax money (O Shaughnessy, Lynn). However, in order for the United States to afford to do this, the taxes will most likely have to be raised. Another problem that has arisen in some of these countries is under funding, there simply is not enough money to fund the school comfortably and to pay for tuition at the same time. These hurdles and others are what makes this problem so significant and pervasive, but unless it is addressed somewhere, no matter how small the solution, it will never be fixed. Robert Hiltonsmith, a policyShow MoreRelatedHyman Minsky : A Relatively Unknown Economist1178 Words   |  5 Pageshousing crisis and the stock market crash of the 2000s are actually the events that have lead Minsky to become a much more familiar name. Also, Janet Yellen who is the head of the Federal Reserve System even stated that Minsky’s work has become a â€Å"must read†. Minsky’s hypothesis begins with an expanding economy, for this argument, firms will then borrow in order to buy and develop more capital. Minsky believed that a firm could get financing from three different sources; hedge financing, speculativeRead MoreDeveloping Countries During The Cold War Under Corrupt Regimes Essay1624 Words   |  7 Pagesdollars in loans, many of which had been accumulated during the Cold War under corrupt regimes. Years later, these debts became a serious barrier to poverty reduction and economic development in many poor countries. Governments began taking on new loans to repay old ones and many countries ended up spending more each year to service debt payments than they did on health and education combined. Wealthy countries and international financial institutions have taken action to relieve debt burdens inRead MoreCase 12-51629 Words   |  7 Pagessmaller in monetary size; 25 million is max deal. * Healthcare, financial services, financing equipment, venture capital deals, fleet services, equity financing. * Equipment Financing: Loans, Leasing, Sale Leasebacks, Equipment Management and Remarketing * Vendor Financing: solutions to enhance manufactures management position. * Franchise Financing: Financing new locations, acquisitions, reimaging, debt restructuring, refinancing. Franchise restaurants, chain restaurants and limited serviceRead MoreThe Financial Crisis Of 2008 Hit The American Economy1539 Words   |  7 Pages The financial crisis of 2008 hit the American economy and the world economy as well. It cost tens of millions of people their savings, jobs, and their homes. For decades the American financial system was stable and safe, but it changed. The financial industry turned its back on society; it corrupted the political system, and plunged the world economy into crisis. It was not an accident; it was caused by an out of control industry, a greedy industry. The crisis has made more damage to society whileRead MoreCost Financing And Equity Financing1559 Words   |  7 Pages Debt and Equity1 Moving right along, outlined next will be several funding options available for start-up businesses that enable people, like me, to be able to put our dream in motion. There are two types of capital that can be raised, debt and equity. Now some would think that as long as there are funds there to work with, regardless of how they were procured, the end result would be the same. However, that is not the case. Debt financing and equity financing have significant differencesRead MoreThe Struggle for Stability in Developing Countries679 Words   |  3 Pagesform of loans. They then can use these loans to increase their countries output by more than what it takes to repay their debt (FLS, 322). Many times they have to go through international financial organizations such as the IMF in order to gain these funds. The incentives for both sides is the high probability of the projected outcomes out-way the projected costs. However, maintaining payments of loans can be very difficult and can weaken the domestic economy in order to pay off the loans. If theRead MoreThe Financial Crisis Of The Decade1364 Words   |  6 PagesThe financial crisis of the decade is considered the largest and most severe compared to the Great Depression. The crises reshaped the financing and investment banking business not only in the United States but globally. The top largest banks have fallen due to the losses they have incurred in connection with their investments in the subprime mortgage markets. (Financial Crises 2007-2008 Overview) Governments had to come up with some solutions in order to further avert the decline of their countryRead MoreFord Motor Company International Global Crisis Essay1596 Words   |  7 Pagessector offers various automotive financing products to and through automotive dealers† (NY 2). It offers retail financing, which includes retail installment contracts for new and used vehicles; direct financing leases; wholesale financing products that comprise loans to dealers to finance the purchase of vehicle inventory; loans to dealers to finance working capital, purchase real estate dealership, and/or make improvements to dealership facilities; and other financing products, as well as providesRead MoreThe Housing Crisis Of Boomerang Buyers954 Words   |  4 Pageshomeowners lost their most valuable assessment to foreclosure, and another 2.8 milliongave up their homes in short sales. These former homeowners that are reentering the housing market after losing their homes during the housi ng market financial crisis are now part of a wave of â€Å"boomerang buyers.† According to Real Estate experts, boomerang buyers who are returning to the market were at least 10 percent of all United States home purchases during 2014. More important, this trend is expected toRead MoreIncome Share Agreements ( Isa )1169 Words   |  5 PagesWith student loan debt becoming increasingly worse year after year, new and potentially better avenues for students to finance a college education are emerging onto the market. In particular, income-share agreements (ISA) have appeared on the scene for a few years now, but not have attempted to modernize the way students pay for college. The big take away from ISA’s is the shift of financial risk from the student to the investor, unlike the traditional government or private loans. A student promises

##t, Piaget And Vygotsky, Repactivism And Constructivists

While the backbone of cognitivism may come from the work of Jean Piaget, Piaget and Lev Vygotsky are constructivists. Constructivism is based on the premise of subjectivism or relativism. Truth is not absolute; it is relative because it is commonly created or shared within a community. The primary concern of both Piaget and Vygotsky was in how best to guide learners in their construction of knowledge. Piaget believed learning was an individual endeavor, cognitive constructivism. Vygotsky believed learning was based on community, social constructivism (J. Byun, personal communication, November 13, 2017). Piaget believed that cognitive structures allow people to process information through connections to prior knowledge. People find†¦show more content†¦Accommodation is the process of changing cognitions in order to accept something that is presented in the environment. He also believed students reach a state of equilibrium when there is a balance between assimilation and accommodation. When students are in this state of equilibrium they are comfortable and will not seek to acquire new information or learning. It is important to create a disequilibrium to spark students’ interests and desires to learn through changing their mental structures. Because Piaget did not account for the impact of social and cultural grouping, many believe his studies are culturally biased. Vygotsky believed that social interaction is the catalyst for student learning. Students learn from each other and the adults in their lives. The first learning that takes place is person to person and individually when the person internalizes the information in an attempt to understand something more completely. The first type of social interaction involves social speech in which adults give instructions. Another type of speech is private speech in which children process information and try to apply what they have heard through their experiences with similar situations in an effort to demonstrate self-control. Finally, internal speech is the silent conversation one has within one’s self. This speech leads to higher order thinking. A major difference between Piaget and Vygotsky is that

Organizational Quality Improvement Free Essays

Various methodologies exist for the integration of quality improvement strategies into performance improvement measures. With concepts of total quality management (TQM) and quality improvement (QI) being introduced to health care organizations; administrators have had to decide which methodology is right for the organization. There are numerous methodologies: Six Sigma, Lean, and Customer Inspired Quality. We will write a custom essay sample on Organizational Quality Improvement or any similar topic only for you Order Now Each has its own pros and cons. A key component of quality improvement is the technology that gathers and compares the data that the quality improvement measure produces. All of the information that is gathered from the technology can be benchmarked against other health care organizations. Numerous methods exist for the integration of quality improvement into the health care setting. The Six Sigma model was pioneered by Motorola. This method focuses on reducing variance through a problem solving approach that will improve the quality of the output. The fundamental objective of the Six Sigma methodology is the implementation of a measurement based strategy that focuses on process improvement and the reduction of variance. The Six Sigma method does through the DMAIC process (define, measure, analyze, improve, and control). The DMAIC process is an improvement system for existing quality processes that fall below specifications and need to be improved in increments. Lean Thinking was used by Toyota as a key in its success. The Lean method strives to reduce waste and to improve performance through workflow. The Lean method is concerned with driving out waste so that all work adds value to the product and serves the customers’ needs. Lean thinking identifies all steps in a process and identifies them as value-added or non-value-added steps. All non-value-added steps are then removed to prevent waste in the process. Customer Inspired Quality was patented by Shaw Resources in 1992 and this methodology focuses on work processes that have direct impact on the care and services that are provided in a hospital. This method identifies, defines, analyzes, and improves the quality and effectiveness of processes in the health care arena. This method uses techniques from the other methodologies. Pros and cons of QI methods. Pros and cons exist in all of the methods for quality improvement. Some of the pros of the Six Sigma method are: Six Sigma places a heavy importance on leadership and its support for the success of the project, Six Sigma integrates the human elements (culture change, customer focus). The Six Sigma method uses the concept of statistical thinking and encourages the application of proven statistical tools and techniques for reducing variability. The cons of Six Sigma methods are having quality data available. In a new process where there is no data available to begin with can be discouraging. The solutions that Six Sigma proposes are often expensive and only small parts of the solution can be implemented. In Six Sigma methodology the selection of the right project is critical to success. Lean thinking has pros and cons also. Organizations that have adopted Lean double their productivity, cut their production and reduce their inventory that is normally kept on hand. Employees that work in a Lean environment have a clear objective of what is expected of them and are interrupted less. The Customer Inspired quality model deals with the service industries, primarily the Health care industry. The pros of this model are that the process improvement efforts are prioritized from the customers’ perspective. The methodology is service friendly and all of the hospital staff is encouraged to provide their input. This methods con is that the method is structured primarily for health care organizations. Florida Hospital uses the Six Sigma method for quality improvement because it provides the best opportunity to implement best practices that have been identified. Information Technologies for Quality Improvement Information technology is a large part of the quality improvement methods that a health care organization uses. Florida Hospital uses Business Objects which is a software company that specializes in business intelligence. Business Objects has components that provide performance management, planning, reporting, query and analysis, and enterprise information management. The Business Objects Enterprise can track report instances that will trigger alerts. These reports are created by Crystal Reports and have parameters that can be modified to perform analysis on the data. The customer can set alerts that trigger when certain conditions are met or not met by the data. The data can be customized to show in charts. Further customization allows the customer the chance to drill down into the data. Other information can be obtained from technology. Information technology allows data to be displayed in a dashboard or a scorecard. Dashboards are tool that monitor the ongoing performance of a process. A dashboard tracks data in real time. Scorecards report on past performances and generally focus on outcomes rather than processes. All of these applications can be used by administrators to track the quality improvement processes of the organization. Administrators can design the scorecards or dashboards to display the information that is important. Benchmarks and Milestones Benchmarking is the process of comparing one’s business processes and performance metrics to industry bests or to best practices from other industries. Benchmarking involves management identifying the best in their industry and comparing the results and processes of those studied to their own results and processes. Benchmarking compares the organization to its competitors and defines how the competition performs better. By better understanding how the competition is meeting their standards, the healthcare organization can then set goals for themselves. Benchmarking can be used to improve patient satisfaction. Using the website hospitalcompare. hhs. gov an organization can see how satisfied their competitors’ patients are. Benchmarking can also be used to improve the core measures that the Joint Commission measures. The outcomes of acute MI, pneumonia, heart failure and surgery can be compared to their own. If the competition is performing better on one of the core measures, the organization can then set their own goal based on the competition. Potential benchmarks that Florida Hospital will strive for are improved core measures at 90% for pneumonia, Acute MI, heart failure and surgical care. Another benchmark that Florida Hospital will strive for is to improve patient safety. The hospital will continue to implement the processes that support the Joint Commission’s National Patient Safety Goals. The hospital will implement CPOE (computerized provider order entry) and the hospital will begin to extend the goals to the ambulatory services. The third benchmark is to enhance the patient experience. The hospital will use the DMAIC model to understand and support the emotional, spiritual, and clinical needs of the patients. Florida Hospital will use different methods for their performance improvement plans. The hospital will use combinations of Six Sigma and Lean thinking. The hospital will use data from Crystal reports to display balanced scorecards and dashboards. The dashboards will be divided into the Extending Excellence Elements (Team, Clinical, Service, Market, and Finance). The hospital will use this information in conjunction with information from benchmarking data to monitor their quality improvement plan. References Dlugacz, Y. D. (2006). Measuring Health Care Using Data for Operational, Financial, and   Clinical Improvement. San Francisco, CA: Josey-Bass. Florida Hospital. (2010). Florida Hospital Orlando’s Most Preferred Hospital. Retrieved from   http://www.floridahospital.com/default.aspx Insititute for Healthcare Improvement. (2010). A resource from the Institute for Healthcare Improvement. Retrieved from http://www.ihi.org/ihi Ransom, E. R., Joshi, M. S.,Nash, D. B., ; Ransom, S. (2008). The Healthcare Quality Book Vision Strategy and Tools (2nd ed.). Chicago, IL: Health Administration Press. U.S. Department of Health ; Human Services. (2010). Hospital Compare. Retrieved from http://www.hospitalcompare.hhs.gov/ United States Department of Veterans Affairs. (2010). Quality Enhancement Research Initiative. Retrieved from http://www.queri.research.va.gov/default.cfm How to cite Organizational Quality Improvement, Papers

Commercialization in Education free essay sample

Short Essay on Commercialization of Education No, I want my child to study. I want him to get what I did not get in my childhood. I will give him education even if I have to pay a huge amount of money to the educational institutions These are some lines which are said by the parents of this modern era. Every parent tries their level best to provide quality education to his ward and to fulfill their dreams they spend a lumpsum amount of money so that their ward is able to  study in the best educational institution. Schools, coaching centers, educational institutions, etc. , are prospering day by day. It seems as if they will give rise to a new industry named  educational industry. They charge lumsum amount of money to provide education and the parents blindly spend such amount to educate their ward. But the question is ARE THESE INSTITUTIONS PROVIDING EDUCATION OR THEY ARE DOING BUSINESS IN THE NAME OF EDUCATION In this modern era, EDUCATION is no more giving knowledge or teaching a child so that he/she can know more and more about the society. We will write a custom essay sample on Commercialization in Education or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Rather it has converted into a business in almost every institution charge a huge amount in return of the facilities they provide. In the best educational institutions of the world, donations are taken in return of registering an average student and giving him education. Advertisements made by the schools, colleges, coaching’s, etc. is a way of getting more and more customers in form of students and surely their business is prospering day by day. Basically the parents are being cheated in the name of education. Even if it gives rise to a new industry, this industry will not be able to fulfill its social responsibility towards the society. The system of education in the world has to improve; the meaning of education has to improve. Providing education should not be limited to providing lumsum amount of money. The meaning should be giving quality education to the youth to develop the world. This is not what I as an individual or you as an individual can do. For this many I have to come together to give rise to a we and this we will be able to convey this message to the world.