Business and Finance Studio

Posts Tagged ‘Higher education’

Rating agencies Moody’s re-spread threats to the developed countries of Europe. This time the object of warning directed at France, which was preoccupied by the resolution of regional economic crisis.

Moody’s released a warning to the AAA rating, which is owned by the French. Agency says ready to downgrade the country’s deficit ratio into account. In recent months, Moody’s may cut its outlook for France from ‘stable’ to ‘negative’ because the government already weak fiscal management.

Nicolas Sarkozy’s government could face a serious deficit problem caused by too much attention to the bailout for another country. Therefore, Sarkozy demanded to implement the program in greater fiscal and economic discipline. “Downgrade We depend on the performance of its own,” said French Finance Minister, Francois Baroin.

“Fiscal adjustment must be made within 3 months, before the presidential election starts,” said Michel Martinez, economist at Societe Generale. If not met, then it’s too late because the 2012 deficit target will not be counted again. Directly, Moody’s warning to the French make the greater the risk of spread of the crisis. Moreover, France’s role in the bailout program area is very large. But Baroin denied if the Moody’s action could jeopardize the continuity of the negotiations the European recovery. Because the downgrade (if any) will come out after talks over Europe.

Once you set up education fund baby now, now is the time you start preparing for the next stage of education funding until the baby finish his education. For example, you have just finished setting up education funds to enter elementary school, then begin to set aside up to junior college education. In fact, if possible, until the master’s level education or S2. You know where the importance of the ideals of your child. Because the cost of higher education varies depending on field of study, but also depends on choice of university. If the first 80′s or 90′s, high entry costs  relatively inexpensive land, currently exceeds the cost of private school accrediting A. Yes, since the college became a State-owned legal entity or BHMN, the entry fee or often we are familiar with the term of the building became very expensive money.

Well, we do not want to discuss about the colleges, but we are trying to set up fund for the baby later, by estimating how the needs of the fund. How?

Make a table as below, and fill each column in the table with the following fields:

The first column levels of education that will be passed. The second column how many years your child will enter the next level of education. Example below is for children who currently sit in class 2 , so it takes four years to enter junior high, high school seven years and beyond.