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Balancing your life with study
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Starting the unique experience of my college career has given me new goals and promises that I will eventually fullfill. One of these goals is for me to be the first child from my family to get a college education. The degree that I want to get is in business. I have taken many preparations to help me achieve this goal. During my summer break, softmore year, I chose to take an online economics and personal finance class. The class presented many challenges but I felt it would be better for me to push myself over the summer so that I would not be taking an easy route when it came to learning the importance of financial awareness. Another preparation I have taken is getting a job and saving as much money as I can. Most of my peers fall short
First in the Family: A First Generation College Student. Across universities throughout the United States, the presence of first-generation college students is on the rise (Stephens 1). Students whose parents do not have a degree in higher education, are being given the opportunity to shape their future for the better as they embark on a journey to receiving a four year degree unlike their parents who were not given such an opportunity. With the number of first-generation college students on the rise from the past, I became interested in seeing how the views, relationships, and ideas of these students were unique, and how they differed from the average student attending a university; an average student coming from at least a middle class background who has at least one parent with a degree in higher education.
Many parents tend to question if they or their child is ready for early college. They fear their child isn’t mentally or emotionally focused to go off to college by themselves. What they don’t realize is students going to college early bring about better jobs, connections, opportunities, and a better experience.
How does being the first in one’s family to graduate from college impact one’s desire to finish college? Some of the major barriers first generation college students face included Lack of Motivation and Lack of support and also Low Income finances.
First generation college students are students who comprise a distinct minority within most institutions of higher learning. These groups of students are the first generation of students in their family lineage to attend a college or university (Allwood, 1966). Due to the lack of family guidance in navigating through the college experience, first generation students face an array of obstacles upon entering the realm of higher education. These students are less likely to obtain their bachelor degree due to finance, family support and retention, all which ultimately limit their college experience. Not only do these students experience issues migrating through high school into college, they also lack the necessary resources some students need to achieve higher standards. For instance financial assistance, mentorship, and other motivating factors that can help a student grow into a professional.
I believe that I have the ability to work up to Stanly Early College standards. Determination, dedication, and desire are all qualities that I have. Determination, the strive to come out on top. The compulsion to reach your goal. For me, failure is not an option.
Being a first generation college student has been my biggest struggle in life. For years, I was told to attend Allen Community College before any big changes of course I didn’t listen. For years I was told I wouldn’t last in a big university, I have been told I will be unprepared and behind. I have been told that three out of five first generations students do not complete a degree. Being told something isn’t possible is a hard thing to deal with.
In the 21st century, if an individual decides to make a major commitment or resolution, they have the utmost support from their peers and family members. However, when a first-generation college student decides on furthering their education, the dearest people close to the student seem to disappear. Linda Banks-Santilli (2015) claims that first-generation students apply to a single college and without the help of a parent (para. 13). Although Banks-Santilli does not say so directly, she assumes that the students can not afford multiple application fees and the students are unsure on how to determine which college is a good fit, as their parents have not taken them on a college tour. I agree that first-generation students have far less help
As college students now, we know how important it is to know about how to avoid debts because many of us are or will rely on student loans to get through our higher education. Champlain College’s Center for Financial Literacy used national data to grade each state in the United States on how much effort is put into providing financial literacy for their high school students. Based on the information gathered in 2015 only 5 states obtained a letter A grade on their financial literary education; these states are Utah, Missouri, Tennessee, Alabama, and Virginia. These states require their students to take between half a year to a whole year of a either general financial literacy or personal finance. It is unclear how the student achievement is measured after taking these courses, but the resources to learn about what to expect are provided and are required to be able to graduate from high school, which cannot be said about all other 45 states in our country. 11 of the states were given a letter F grade, including our beloved California. These states do not offer finance classes alone or embedded into other courses. Although the achievement of students who take these courses is not exactly measured after graduating it is still significant information for them to carry with them into their adulthood. Many high school graduates will enroll in a community college or a 4-year university and will be targeted by credit card companies because they lack the knowledge on how important credit is and how to avoid debts. This is not only a worry shared by the graduating students but by the parents as well. MasterCard gave a survey to its cardholder members and 64 percent of these adults said they were worried that their
You go three years of high school preparing for college and at the same time having fun. Until you are in your senior year of high school that’s when you realize and start asking your self what college do I want to go to? Or what college career I want to pursue? That’s when you notice you have but so little time to answer these questions. Me I’m in my last year of high school and I though I already knew what career I wanted to pursue, but its now that I notice that not even I know what I’m going to do with my life? All I’m sure of its that I’m going to graduate out of high school with a diploma and that I’m going to college. But what happens after that? What major did I study? Or where did I go to accomplish my goal?
High school seniors takes deep breaths and parade onto the stage. The beginning of a new chapter awaits as they make the journey from one point of the stage to the end. They reflect on what they have been taught in those many years of high school. The most terrifying fact while graduating high school is the next step: making it on their own. Because they have taken part in the appropriate classes, the students are certain that they have gained the correct knowledge to begin making their mark on the world. In high school, it is crucial to achieve the appropriate classes in order to feel ready to take on the world ahead as an adult. However, many students lack proper education. One key example is financial literacy. Financial literacy is the
Educational Goals: Education is extremely important part of my past, present, and future goals. I currently hold an Associate of Applied Science in Graphic Design Media. I have found that an A.A.S Degree does not go as far al I originally intended in the Rochester, MN area and furthering my education will be a necessity for my future career goals. Over the past 2 years I have been working on my Bachelor of Science in Business Administration at the Minnesota School of Business Rochester campus. I am currently a senior with 3 quarters left before a spring graduation. After a June graduation, I plan on taking a summer quarter break. After summer break I will either continue on at MSB for my Masters in Business Administration with a Minor in Marketing or transferring the University of Minnesota for my Masters in Adult Education. After my Masters Degree is complete I will decide at that time if I wish to continue on and achieve my Ph.D.
Financial planning for a student is vital to successful completion of a college degree and ongoing success after college. The objective of this assignment is to evaluate four ways someone in my position could save money and budget. By planning finances carefully a student can avoid a pause in learning due to financial trouble and set themselves up for success after college. In the list provided below I will provide four tips I will use to navigate my way around the possible financial peril that presents itself to each student.
What will I do for the rest of my life? Every person asks this question at some stage of their life, usually during their later teenage years. As a high school junior, I am now asking myself this question. After considerable thought, I have devised a tentative plan for my future. I realize that some of these plans and goals may change over time, but with a plan, the first steps of the journey can begin. To prepare me for the journey, I have taken very challenging high school curriculum, such as Honors and Advanced Placement courses. These classes will not only assist in my admission to college, but have also helped me to develop strong study skills and time management.
A reflection of the work done to date in this course has given me much clarity on the goals that I wish to achieve in my life and the directions that I need to take to achieve them. In module three, I was able to start a financial planning process, in which I was able to determine my current financial situation concerning income, savings, living expenses, and debts through the utilization of a balance and income statement; financial objectives and personal goals sheet. I prepared a list of current asset and debt balances and amounts spent for various items providing me with a foundation for financial planning activities. In module Five, my financial process continued through the evaluation of a home affordability in which I used Maximum Mortgage
Personal Finance is a class I’ve wanted to take for a while now. My major is Finance not because I want a career in finance but more to learn about finance for my own personal situation. This class taught me so much! During this class I was able to evaluate my financial situation and set financial goals for myself. The four topics that helped me the most were emergency savings, buying a car, purchasing a home, retirement, and estate planning. After completing this class I have a better understanding of these topics and how to achieve my financial goals.