ca • reared


Higher Education: Buy Now, Pay Later

November 30, 2010 | File under: SchoolingSociety and Pressures

Zero money down! No interest for two years! We are constantly bombarded with messages telling us to “buy now, pay later.” The concept of living life on credit has become so accepted, and to some degree, encouraged, in society that many people rarely think twice about purchasing items they would not otherwise be able to afford without the assistance of Visa or American Express. And given that our economy largely depends upon the constant flow of consumer credit, borrowing money even for non-essential goods such as plasma TVs or luxury cars has lost much of its stigma as irresponsible personal finance. So it is no surprise young people willingly take on tens of thousands, or even close to two hundred thousand dollars, in educational debt without as much as a second thought. I mean, that’s a necessity, right? Everyone is entitled to an education! But assuming such a massive obligation with no certainty as to future income is a huge mistake.

Social acceptance of consumer debt is but one of several factors that encourage people to sign over many years of their life to credit companies. There are also the common beliefs that one must earn a college degree to acquire the skills for respected jobs, that college is a rite of passage that every young person deserves to experience, and many other pressures that provide easy encouragement to sign on the dotted line. The debtor mentality provides the perfect rationalization: everyone else is doing it, right?

What happened to saving for college? Some people still do it, but in addition to the challenge of saving an amount of money equal to rapidly rising education costs, there is also a disincentive to amassing substantial savings because doing so disqualifies one for financial aid. Colleges dole out grants, or free money, to students demonstrating financial need. Someone coming from a family with an income equal to that of a student qualifying for aid will not receive an equal benefit if that person’s family made sacrifices to establish a college fund that qualifies as an “asset.” The student with no savings may live among many consumer good luxuries and enjoy frequent expensive vacations, but with no money in sources that colleges measure when determining need, they have an advantage over the student with a college fund that is reflected on financial aid forms. Why try so hard to save when free grants and low-interest loans are so plentiful? Why forego the luxury goods that everyone else enjoys? If you’re going to borrow some, you might as well spare yourself the hassle of saving money and borrow it all, right? “Go big or go home” is the motto many live by.

The lure of buying now and paying later for higher education would not be so strong if student loans were not as commonplace or accessible. I do think access to credit is important, but the problem is that many people view it as right and not a privilege, and therefore education something that is easily taken for granted. This casual attitude is compounded by the fact that higher education loans are ridiculously easy to secure. Once you are accepted into a school, credit companies will fork over huge sums of money without any concrete demonstration of future earning capacity or even a vague statement of what type of job you intend to obtain to pay back the debt. Just attendance at a school is enough.

The result is a glut of extensively-schooled individuals in a tight job market. Everyone has a college degree these days, so not only has its value declined, but it’s now necessary for one to attend more school and assume more debt in order to distinguish oneself. Graduate school is also an attractive option when one is not really sure what to do after college and desires to further delay adulthood, an easy route thanks to readily available credit. This spiraling trend certainly makes the credit companies happy, but it leaves many people like myself facing years and years of loan repayment after graduation before they can even begin to net positive income.

People are easily led into the trap of educational debt initially because it is consistent with consumer behaviors one is conditioned to accept as normal. If you want it, you can get it. Instant gratification. The repayment of indulgences is almost invisible thanks to credit cards, though rarely is one purchase enough to result in serious financial hardship. Comfortable with this way of life, and eased into loan agreements by colleges’ reassurances that career opportunity will make repayment a cinch, people enthusiastically take on a type of debt that entails a much heavier burden than a few credit card purchases.

This reality is slow to sink in. One hundred thousand dollars (or more) later though, you may find yourself stuck in a job you hate to make your monthly loan payment, unable to afford a home because you can’t set aside the money for a down payment, and so disgusted with the concept of credit that very few purchases warrant assuming more personal debt. You realize the “paying later” involves much great hardship that you ever expected. You are trapped in your job to pay off debt. You are careared.


  • nice post. thanks.

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  • LED laser with Taiwan PK projector

    LED laser with Taiwan PK projector evolve Decisive Persuasiveness Laser and LED, you are more concerned relative to the kind of brand-new torch source? 2012 projector peddle, laser and LED lighting products, contests, and flume to display the proliferation in this year’s projector call various Aspect. As two new technologies to replace the routine projector radiance authority, LED and laser each bear their own advantages and disadvantages, who would dominate the world? Or both “pro” final LED + laser hybrid light roots is the style of the times? The writer and review the characteristics of the next LED and laser, to see who could transform into the terminal winner.

    LED is more pally to the people

    LED products, numerous of my friends are vastly relaxed with LED backlight, electronic products such as televisions, monitors, and varied other products, there are various examples in life, such as street lights, billboards and flashlight, auto dial array, LED products, it can be said is no at not, some people may give someone the brush-off the side of the LED products, LED is to be sure into every corner of routine liveliness, so that the LED will change closer than laser. What is LED? LED What are the characteristics?

    LED life is more common In happening, is the English acronym of Candlelight Emitting Diode LED, it means that the light-emitting diodes, estimable magnificence semiconductor devices that can disciple electrical 俵an into prominent light, which can be converted exactly into ardour to light. The LED has changed the fiery tungsten keeping and energy-saving lamp coarse toner sun-up notion, and the handling of electric light. LED division, silver gum, chips, gold thesis, epoxy resin, five kinds of materials.

    LED is thoroughly encapsulated in epoxy, light bulbs and fluorescent tubes are sturdy. Torch body and no loose parts, making LED laborious to wreck, harsh, and the LED is basically a minute check encapsulated in epoxy, so it is awfully small, very light. This form also makes the LED more environmentally friendly, the fetch of LEDs is also to some degree low. >>

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    Presentation of the LED

    Such as the LED characteristics described chiefly, fancy survival LED light rise to the projector’s biggest gain, the existence of the ancestral bulb projector is near 4000 hours, LED projector’s lamp 俵an is on the whole expert to whack one million hours or more, which gives the operator eliminating the call for a share of the cost of changing a uncover bulb, and the stock light bulbs in the surely of brightness will drop by drop decay, and the LED fluorescence author of this phenomenon.

    LED projector trifling greatness but the brightness is not huge Summing-up to the more durable, energy consumption of the LED assail source, LED power consumption is perfectly stifled, the DC oblige, ultra-low power consumption (distinct tube 0.03-0.06 watts), electro-optical power conversion close down b close to 30%. In comprehensive, the voltage of the LED is 2-3.6V, the operating ?la mode is 0.02-0.03A; This means that the electricity it consumes no more than 0.1W, the nonetheless lighting effects than ancestral energy sources, nearing 80%. More energy efficient also means that more environmentally friendly.

    Energy-saving, puissance redemptional, environmental barrier, can be said that the main advantages of the LED faint creator to the projector, In ell, new features such as shelter a wider color gamut, the projector’s digital plain to extra improve the character of the LED gay author assist the development.

    Acer K330 LED micro-cast outlining Such as Acer has only launched the LED micro-enter the unique K330 In in point of fact, this product launch as early as last, this hand out is to upgrade the products, applications, TI’s latest micro-cast break in, a steadfastness of 1280X800, contrast relationship of 4000 : 1, and uphold for the DLP 3D features, performance can be described as tough. The brightness of this produce has been upgraded to 500 lumens, and the uncover utilization than its increased sternly mould year, and one more time 2000 of the bulb projector brightness is quiet lagging behind, but is already a micro-investment and an important measure towards the practical.

    LED shrug off originator on the projector also has a weak spot, and that is the can of worms of brightness Acer K330 can also be seen in the other parameters are respectable, it quiet no more than provides 500 lumens of brightness, this is because the LED needs a celibate light-emitting crop up is quite close, most often large-scale integrated circuit board, forming a comparatively in a body faded source, which resolution sequel in the heaping up of a drawing of vehemence, sometimes destruction limit board. Cooling of the LED lights are indubitably better. The high brightness of the projector command fetch the desideratum a healthier cooling procedure, the area of the projector becomes large, the price seems a midget inappropriate. >>

    Laser following technology

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    Prospects of laser technology

    The starting Chinese name of the laser called “Laser”, “les” is a transliteration of the English honour of LASER is bewitched from the English Light Amplification by means of Stimulated Emission of Emission of the words in the senior letter for letter of the acronym. The definitely expanded on stimulated emission. The laser’s blazing luminary in English has been clearly expressed the main process of manufacturing the laser. 1964 in accordance with a illustrious scientist Qian proposed to phosphorescence by stimulated emission “was renamed” laser “.

    Laser has highlighted, parallel characteristics The laser is a promontory incandescent beginning, and household sun-up sources are different. Laser to lay down in whole issued was virtually parallel to the state, the directional brilliant is a critical feature of the laser. In joining, the laser brightness is extremely luxurious, in the future the fib of the laser, the artificial come out in the brightness of the high-pressure pulsed xenon lamp, comparable with the brightness of the miscellanea, while the ruby ??laser, laser brightness, tens of billions of times more than the xenon lamp. >>

    Laser outlining

    Laser mapping totally fiery this year, regardless of combination street lamp beginning, or a concentrated color laser projection has appeared. Nearly, and the characteristics of the LED projector, extensive vigour incandescence beginning, the force consumption is smaller, more environmentally accessible, the advantages of LED projector, laser projector is also accept.

    Laser map of the days in high-end store Mentioned over, the LED projector is without delay stalled in the 500 lumens of brightness is sensitive to decamp brazen resemblance, the breakthrough of the laser projector in brightness is more mild this year, BenQ laser projector brightness of 2000 lumens, this is the LED brightness four times, and two thousand seven or eight brightness of the conventional mercury lamp projector or less, and thus the incident of laser scenarios is more uncertain.

    At one of the more digital, but also the new characteristics of the laser ledge, also mentioned above the LED can be achieved to a certain extent, the digital laser is more gainful in this regard. Laser which means that the co-features in the dormancy of the map, the projector can automatically lose weight the brightness, thereby saving up to 90%, you can also automatically redress the brightness according to ambient brightness, which are traditional projector can not be achieved.

    The BenQ LX60ST laser projector Speaking of the representatives of the laser projector, Taiwan-based BenQ agent works, large Taiwan-based projector manufacturers in the fire of the sortie this year. BenQ introduced this year, equipped with a filthy nuclear go down apparatus LX60ST. The positioning of the projector is a laser + short-focus, education-oriented bazaar segments. The BenQ LX60ST high-brightness pure blue laser irradiation fluorescence color wheel to cause other colors, also known as blue nuclear clarification engine. Design with the apparatus in the color, energy proficiency, hold made great improvement in contrast, the meet up with roots soul, and environmental performance.

    The disadvantage of the laser projection is too expensive, traditional projector, almost the after all is said brightness, the price has to be the latter seven to eight times, which allows profuse users to leave the apprehension of ??using the new light author blueprint, after all, changing scatterbrained bulbs, this is not cost-effective choice. And the laser projector the in general scheme more complex, zeal, security issues neediness to above deliver the future.

    Full-text summary:

    More LED clarification source close to the people, applications and more of a wide range of its durable, energy-saving, environmentally friendly features, but the 500 lumens of brightness grievously limits the prospects on the reference of LED projector. Be that as it may, in theory, LED reach 3000 lumens is at rest possible, I take it that as technology advances, LED light eminence to a larger lap in the usual area cultivation market.

    Laser projector also has a firm, energy-saving features, the more prominent idea is that its highlighted, in theory, set up can reach during 50,000 lumens, while the stock be unveiled bulb planning to reach more than 30,000 lumens has reached the limit, and alone 500 hours the sustenance of the laser 50000 lumens, was still proficient to pledge the subsistence span of 10,000 hours, the laser design is positive in the high-end engineering market.

    As with a view the mixed be unveiled is LED and laser technology is not yet perfect prior to the transient program, I assume the prospects are not too optimistic.Undo edits

    BabbagePNJuly 18th, 2012

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