Student Debt and Its Implications Essay Example | Topics and Well Written Essays - 1000 words

Student Debt and Its Implications - Essay Example Many students engaged in borrowing as well as in huge sums of money. During graduation, the average debt in 2008 rose by six percent in the following year heating $24,000. In the year 2008, there was the highest number of defaulters in federal loan repayment in over a decade. This was when the nation’s economy slid into recession. Partly driven by the slow economy, federal loan defaulters are increasing. If a student fails to make payments for 270 days, it becomes a matter of increasing significance to both community colleges as well as the students. Loan default brings about severe consequences to the borrowers as well as colleges. When one misses some payments he/she could be demanded to play through calls and letters. However, defaulting can destroy a student’s future. Federal agents will demand that a defaulter pays the loan in full. In addition, the case may be assigned to some collection agency. A defaulter’s wages, as well as benefits, could be garnished till the balance (that may not be easy to discharge in bankruptcy) gets resolved. This may apply even to old age social security benefits being garnished (Clark, 499). Loan defaults for borrowers could wreck their credit, create the inability to buy a home or car, finding employment or even renting a home. Colleges, where only a few students get to borrow, have special protections, however, colleges could result to being not eligible to federal loans as well as grants where most of the colleges’ former borrowers default within a given period of 3 years’ time for entering payment (Bryce, Matthew and Debbie, 1). With federal loans as well as the grand plus loans, it is at a time when this loan is twenty-one to thirty days late that the loan can go to delinquency but the national credit bureaus may be informed when a loan is 60 days late. However, the program of federal loans provides a number of plans to that held defaulters. But one has to negotiate with their lender in the case for private loans which involve agreement terms of the loan as well as options for payment.  Ã‚  

Critical Perspectives on Management Essay Example | Topics and Well Written Essays - 3250 words

Critical Perspectives on Management - Essay Example This research investigated the Derrida's views on the worth of deconstruction for management students and vital aspects of deconstruction between managerial decision-making of managers and a set of specified contingent situational training factors: decision type, perceived skill requirements, and objective skill inputs (Bowie N. E.,2002). The term deconstruction was coined by French philosopher Jacques Derrida in the 1960s and is used in contemporary humanities and social sciences to denote a philosophy of meaning that deals with the ways that meaning is constructed by writers, texts, and readers and understood by readers (Campbell J., 2002). One way of understanding the term is that it involves discovering, recognizing, and understanding the underlying and unspoken and implicit assumptions, ideas, and frameworks that form the basis for thought and belief. It has various shades of meaning in different areas of study and discussion, and is, by its very nature, difficult to define with out depending on "un-deconstructed" concepts (Ciulla J. B., 2005, 5-28). The results show a significant training for management student and relationship between the choice of decision styles and the postulated contingency variables. Only 1% of 615 senior managers consistently use a single decision style, more than two-thirds use four or five different styles. Very large variations occur as a function of different decision tasks, perceived skill requirements and objective skill availability (Cropanzano R.).According to the expert analysis, Derrida has been called a philosopher, anti-philosopher, fictional theorist, fictional subverter and thinker joker. But his innermost doctrines are clear. For management students, his conceptions are a source of excel once we use language (speech or writing) to submit to actuality, that realism is linguistically formulated and therefore undetermined. Import is not impressive preexisting in the mind that we move violently to articulate. Like the maj or logical schools of management students for talking philosophy from Hume onwards, and different from Saussure, Derrida does not consider words as the appearance of ideas (Bowie N. E.,2002).